SoFi Reports Record Growth but Faces Market Concerns Over Profitability

The fintech company achieved strong Q4 2024 results but issued softer-than-expected 2025 earnings guidance, prompting a significant stock drop.

SoFi's Q4 2024 revenue grew 19% year-over-year to $734 million, surpassing analyst expectations, with EPS of $0.05 beating estimates by $0.01.
The company expanded its Financial Services and Technology Platform segments, which now account for nearly half of total revenue, marking a strategic shift from lending to fee-based income.
CEO Anthony Noto highlighted SoFi's record-breaking member growth and product additions, alongside a focus on durable growth and innovation for long-term success.
Despite strong performance, SoFi's stock fell over 10% after issuing 2025 EPS guidance of $0.25–$0.27, below analysts' expectations of $0.28.
Management emphasized plans for a 23–26% revenue increase in 2025 and new technology partnerships, with expectations for accelerated growth in 2026.