Revenue (Tables)

6 Months Ended

Jun. 30, 2026

Revenue from Contract with Customer [Abstract]

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

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(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.