SoFi Technologies, Inc.

SoFi Technologies, Inc. reported strong financial results for fiscal year 2025, achieving profitability with net income of $481.3 million and comprehensive income of $500.7 million. Total net revenue reached $3.61 billion, driven by net interest income of $2.22 billion and noninterest income of $1.39 billion. The company generated significant cash from financing activities of $13.11 billion, primarily from deposit growth of $11.25 billion and common stock issuance of $3.19 billion, though operating activities used $3.74 billion in cash. Total assets grew to $50.66 billion, with loans held for sale representing the largest asset category at $22.86 billion. The company maintained a strong liquidity position with $4.93 billion in cash and cash equivalents, while total deposits reached $37.51 billion, supporting the lending business.

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