SoFi Technologies Just Reported Earnings. Here's the One Number That Matters Most for the Next Year.

SoFi Technologies reported strong Q2 earnings with adjusted net income surging 65% year-over-year to $160 million and added 1.1 million customers, bringing the total to 15.8 million. The company projects 40% annualized EPS growth from 2025-2028. However, despite strong fundamentals, the stock trades at a 30x forward P/E ratio and is down 39% from its peak, underperforming the S&P 500 by 44% in 2026.