SoFi Technologies reported strong financial results for the first quarter of fiscal year 2025, with total members increasing by 34% to 10.9 million. The company posted revenue of approximately $772 million, marking a 20% year-over-year increase, and adjusted revenue rose 33% to $771 million, exceeding expectations by $32 million. Adjusted EBITDA grew 46% year-over-year to $210 million, representing a 27% margin. Non-GAAP earnings per share came in at $0.06, beating estimates by $0.03. Loan originations reached a record $7.2 billion during the quarter. Revenue growth was driven by a 25% increase in lending revenue, a 10% rise in tech platform revenue, and a 101% surge in financial services revenue. SoFi also raised its full-year adjusted revenue guidance to a range of $3.24 billion to $3.31 billion, up by $35 million from prior estimates. The company’s stock responded positively to the results, reflecting investor confidence in its progress toward building a full-stack, diversified fintech platform amid a challenging industry environment.