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Revenue (Tables) | 6 Months Ended
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Jun. 30, 2026
Revenue from Contract with Customer [Abstract] |
Schedule of Revenues | The table below presents revenue from contracts with customers disaggregated by type of service, which best depicts how the revenue and cash flows are affected by economic factors, and by the reportable segment to which each revenue stream relates, as well as a reconciliation of total revenue from contracts with customers to total noninterest income.
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2026 |  | 2025 |  | 2026 |  | 2025
Revenue from contracts with customers |  |  |  |  |  |  |
Financial Services |  |  |  |  |  |  |
Referrals, loan platform business(1) | $ | 24,358 |  |  | $ | 22,548 |  |  | $ | 43,635 |  |  | $ | 42,248 |
Referrals, other(2) | 3,701 |  |  | 2,588 |  |  | 7,457 |  |  | 5,118 |
Interchange(2) | 41,059 |  |  | 26,502 |  |  | 76,260 |  |  | 49,314 |
Brokerage(2) | 18,127 |  |  | 7,542 |  |  | 33,231 |  |  | 14,527 |
Net crypto transaction revenue(3) | 1,183 |  |  | — |  |  | 2,035 |  |  | — |
Other(2)(4) | 9,621 |  |  | 2,166 |  |  | 15,593 |  |  | 3,897 |
Total financial services(5) | 98,049 |  |  | 61,346 |  |  | 178,211 |  |  | 115,104 |
Technology Platform |  |  |  |  |  |  |
Technology services | 50,512 |  |  | 89,574 |  |  | 99,296 |  |  | 175,562 |
Other(4) | 5,016 |  |  | 970 |  |  | 5,574 |  |  | 1,606 |
Total technology platform(5) | 55,528 |  |  | 90,544 |  |  | 104,870 |  |  | 177,168 |
Total net revenue from contracts with customers | 153,577 |  |  | 151,890 |  |  | 283,081 |  |  | 292,272 |
Other sources of revenue |  |  |  |  |  |  |
Loan origination, sales, securitizations and servicing | 150,407 |  |  | 70,855 |  |  | 292,616 |  |  | 123,660 |
Loan platform business, other(1) | 116,572 |  |  | 104,857 |  |  | 235,550 |  |  | 177,907 |
Other | 9,925 |  |  | 9,505 |  |  | 26,614 |  |  | 16,301 |
Total other sources of revenue | 276,904 |  |  | 185,217 |  |  | 554,780 |  |  | 317,868 |
Total noninterest income | $ | 430,481 |  |  | $ | 337,107 |  |  | $ | 837,861 |  |  | $ | 610,140 |
_____________________ (1) Presented within noninterest income—loan platform fees in the condensed consolidated statements of operations and comprehensive income. (2) Presented within noninterest income—other in the condensed consolidated statements of operations and comprehensive income. (3) Total crypto transaction revenue is comprised of $255.9 million of Crypto transaction revenue and $253.8 million in Cost of crypto transaction revenue. (4) Financial Services includes revenues from wire fee income, enterprise services, SoFi Plus subscriptions and equity capital markets services. Technology Platform includes revenues from software licenses and associated services, and payment network fees for serving as a transaction card program manager for enterprise customers that are the program marketers for separate card programs. (5) Revenue from contracts with customers is presented within noninterest income—technology products and solutions and noninterest income—other in the condensed consolidated statements of operations and comprehensive income. Related primarily to technology platform services, we had deferred revenue of $7,281 and $8,535 as of June 30, 2026 and December 31, 2025, respectively, which are presented within accounts payable, accruals and other liabilities in the condensed consolidated balance sheets. We recognized revenue of $3,035 and $2,536 during the three months ended June 30, 2026 and 2025, respectively, and recognized revenue of $5,067 and $4,904 during the six months ended June 30, 2026 and 2025, respectively, associated with deferred revenue within noninterest income—technology products and solutions in the condensed consolidated statements of operations and comprehensive income.

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- Definition Tabular disclosure of revenue by product and service if it is not provided as part of reportable segment information. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 + Details
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