SoFi releases Q1 earnings report: Net revenue reaches $1.1 billion, a record high.

CoinFeed reported on April 30th that, according to Business Wire, digital financial services company SoFi Technologies released its Q1 2026 financial results, with adjusted net revenue increasing 41% year-over-year to a record $1.1 billion and net income of $167 million. Membership grew 35% year-over-year to 14.7 million, and the number of products increased 39% to 22.2 million. Total loan originations reached a record $12.2 billion. In Q1, SoFi began minting its USD-backed stablecoin, SoFiUSD, and supported interoperability of digital asset and fiat currency settlements through partners such as Mastercard. SoFi also relaunched SoFi Plus, offering a 1% matching reward for deposits and crypto purchases.