Slides
Page 1
Investor Presentation Q3 2026 October 2026
Page 2
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 2 Disclaimer Use of Non-GAAP Financial Measures This presentation includes certain non-GAAP financial measures (including on a forward-looking basis) such as Adjusted Net Revenue, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted EPS, ROTCE, Adjusted Net Income, Adjusted Net Income Margin, Adjusted Noninterest Income, cash revenue, and Tangible Book Value. These non-GAAP measures are in addition to, and not a substitute for or superior to, measures of financial performance prepared in accordance with GAAP and should not be considered as an alternative to any performance measures derived in accordance with GAAP. Reconciliations of non-GAAP measures to their most directly comparable U.S. Generally Accepted Accounting Principles (GAAP) counterparts are included in the Non-GAAP Reconciliations section of this presentation. SoFi believes that these non-GAAP measures of financial results (including on a forward-looking basis) provide useful supplemental information to investors about SoFi. SoFi’s management uses non-GAAP measures to evaluate our operating performance, formulate business plans, help better assess our overall liquidity position, and make strategic decisions, including those relating to operating expenses and the allocation of internal resources. However, these non-GAAP measures have limitations as analytical tools. Other companies may not use these non-GAAP measures or may use similar measures that are defined in a different manner. Therefore, SoFi’s non-GAAP measures may not be directly comparable to similarly titled measures of other companies. Additionally, forward-looking non-GAAP financial measures are presented on a non-GAAP basis without reconciliations of such forward-looking non-GAAP measures because the GAAP financial measures are not accessible on a forward-looking basis and reconciling information is not available without unreasonable effort due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliations, including adjustments reflected in our reconciliation of historic non-GAAP financial measures, the amounts of which, based on historical experience, could be material. Cautionary Statement Regarding Forward-Looking Statements Certain of the statements in this document are forward-looking and as such are not historical facts. This includes, without limitation, statements regarding our expectations for the fourth quarter of 2026, full year 2026 and full year 2027 adjusted net revenue, adjusted EBITDA, adjusted EBITDA margin, adjusted net income, GAAP net income, GAAP net income incremental margin, GAAP EPS, adjusted EPS tangible book value, and new members, our expectations regarding our ability to continue to grow our business, gain market share, build our brand and launch new business lines and products, and expand current business lines, our ability to continue to attract and execute deals, our ability to continue to improve our financials including our expectations for generating ROTCE and increase our member, product and total accounts count, our ability to achieve diversified and more durable growth, including our ability to continue to grow our Loan Platform Business, our ability to continue the momentum seen in prior financial periods, our ability to have loss rates below 8%, our ability to navigate the macroeconomic, geopolitical and regulatory environment, any changes in demand for our products, and the financial position, business strategy and plans and objectives of management for our future operations. These forward-looking statements are not guarantees of performance. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. Words such as “achieve”, “believe”, “continue”, “expect”, “capable”, “future”, “growth”, “may”, “opportunity”, “plan”, “potential”, “strategy”, “will be”, “will continue”, and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward- looking. Factors that could cause actual results to differ materially from those contemplated by these forward-looking statements include: (i) the effect of and our ability to respond and adapt to changing market and economic conditions, including economic downturns, fluctuating inflation and interest rates, and volatility from macroeconomic, global, and political events, including announced or planned tariffs; (ii) our ability to maintain net income profitability, continue to increase fee-based revenue streams, continue to grow across our segments in the future, as well as our ability to meet our guidance; (iii) the impact on our business of the regulatory environment, changes in governmental policies, changes in personnel and resources of the governmental agencies that regulate us, and complexities with compliance related to such environment; (iv) our ability to realize the benefits of being a bank holding company and operating SoFi Bank, including continuing to grow high quality deposits and our rewards program for members; (v) our ability to continue to drive brand awareness and realize the benefits of our marketing and advertising campaigns; (vi) our ability to vertically integrate our businesses and accelerate the pace of innovation of our financial products; (vii) our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; (viii) our ability to access sources of capital on acceptable terms or at all; (ix) the success of our continued investments in our business; (x) our ability to expand our member base and increase our product adds; (xi) our ability to maintain our leadership position in certain categories of our business and to grow market share in existing markets or any new markets we may enter; (xii) our ability to cater to a broad range of clients and continue to execute deals with current or future business partners; (xiii) our ability to develop new products, features and functionality that are competitive and meet market needs; (xiv) our ability to realize the benefits of our strategy, including what we refer to as our FSPL; (xv) our ability to make accurate credit and pricing decisions or effectively forecast our loss rates; (xvi) our ability to establish and maintain an effective system of internal controls over financial reporting; (xvii) our ability to maintain the security and reliability of our products; and (xviii) the outcome of any legal or governmental proceedings instituted against us. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties set forth in the section titled “Risk Factors” in our last annual report on Form 10-K and subsequent quarterly reports on Form 10-Q, as filed with the Securities and Exchange Commission, and those that are included in any of our future filings with the Securities and Exchange Commission. These forward-looking statements are based on information available as of the date hereof and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, our actual results or performance may be materially different from those expressed or implied by these forward-looking statements. You should not place undue reliance on these forward-looking statements.
Page 3
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 3 Highlights Q3 2026 Note: Adjusted net revenue, adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted net income margin, adjusted EPS, lending adjusted revenue per product, cash revenue and tangible book value are non-GAAP financial measures. See “Footnotes” and "Financial Supplement" sections for detailed definitions and reconciliations to the nearest GAAP metric. See page 18 for details on fee-based revenue. Durable Growth and Strong Returns Product Innovation and Brand Building • SoFi raises 2026 guidance on continued business momentum • Record Adjusted Net Revenue of $1.4B, with revenue growth accelerating +44% YoY • Record Adjusted EBITDA of $470M (34% Adjusted EBITDA margin) • Record Adjusted Net Income of $243M (18% Adjusted Net Income Margin) and Adjusted EPS of $0.18; 12th straight quarter of profitability • 20th consecutive quarter exceeding the Rule of 40 • Fee-based Revenue increased 21% from the prior quarter to $571M, representing 42% of Adjusted Net Revenue • Cash Revenue of $1.4B, in line with total Adjusted Net Revenue • Record loan originations of $16.9B in the quarter • Credit remains strong and in line with expectations • Total deposits grew $5.8B QoQ to $51B • Tangible Book Value growth of $235M QoQ to $9.7B • Return on tangible common equity of approximately 10% • Record Member and Product Growth: SoFi set new records by adding 1.2M new members and 2.2M new products. • Cross-buy Acceleration: Cross-buy reached 51%, up 11 percentage points year-over-year, demonstrating the power of SoFi’s “Everything App” strategy. Products per member increased to 1.56, up from 1.47 a year ago. • Increased Product Monetization: Annualized Financial services revenue per product increased to approximately $90 and lending adjusted revenue per product increased to approximately $942. • Record Loan Originations: SoFi achieved record total loan volume of $16.9B and record originations for personal and student loans. • Setting Bold Ambitions for 2030: SoFi now has eight businesses each generating over $100M in annualized revenue. By 2030, the Company plans on reaching 100 million products and scaling five businesses to more than $1 billion in revenue, five businesses to more than $500 million in revenue and five businesses to more than $100 million in revenue. • Strategic Partnership to Connect Banking and Digital Asset Markets: SoFi partnered with Payward, a unified financial infrastructure platform, to enhance banking, payments, liquidity, and digital asset markets. • First National Bank Stablecoin Settlement on Mastercard’s Network: SoFi went live with stablecoin settlement across Mastercard’s global payments network, initiating the migration of its full card program to blockchain-based settlement with an expected annualized volume exceeding $25B using SoFiUSD. • Launch of First National Bank-Issued Tokenized Deposit: SoFi Earn (SOFIE) is the first and only national bank-issued tokenized deposit for consumers, offering 4.40% APY with FDIC insurance.
Page 4
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 4 Delivering Durable Growth & Strong Returns through Continuous Innovation & Brand Building
Page 5
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 5 Continuous Innovation A diversified, digital financial services platform built through a relentless focus on innovation
Page 6
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 6 Member Banking Credit Card Invest Loans Crypto SoFi’s dedicated member team leverages an AI-driven Coach to provide a personalized experience across the entire SoFi platform SoFi Money provides members with a high APY, $3M of FDIC insurance, early paychecks, no account fees, and easy money movement features SoFi offers a suite of credit cards with unique cashback rewards, zero fraud liability, no surprise fees and automatic credit line reviews SoFi Invest empowers members with the same tailored insights and high-tier investment options traditionally reserved for the ultra- wealthy SoFi supports members through life’s biggest moments, offering seamless borrowing for education, home buying, debt consolidation, and more SoFi is the first nationally licensed bank allowing members to buy, sell and hold dozens of tokens, including SoFiUSD, and to hold funds as a tokenized deposit with SoFi Earn Everything App for Digital Financial Services The only digital-first platform with a mission-based strategy to help members realize their ambitions SoFi has developed a suite of financial products that offers the speed, selection, content and convenience that only an integrated digital platform can provide SoFi Plus SoFi’s premium membership tier provides benefits that span our offering Get Your Money Right
Page 7
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 7 Brand Building SoFi’s position as a market leader is driving record engagement and scale 5,223 7,542 10,127 13,651 17,074 2022 2023 2024 2025 3Q26 Members (in thousands) (1) Unaided Brand Awareness 4.5% 5.5% 7.2% 9.6% 11.6% 2022 2023 2024 2025 3Q26 2.6x Increase CAGR: 37% 2026 Accolades U.S. Bank in Forbes’ World’s Best Banks JD Power 2026 U.S. Investor Satisfaction Study for DIY Investing #1 #1
Page 8
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 8 • Tremendous opportunity with digitally-oriented generations, who comprise half of the American population • Brand awareness brings new members into the Financial Services Productivity Loop • A full suite of products and a superior value proposition help members spend less than they make and invest the rest—building trust and leading members to take out more products • Strong cross-buy and revenue per product improve unit economics, leading to higher member Lifetime Values (LTVs) • Higher LTVs allow us to innovate and iterate with new products and features, further strengthening the value proposition and driving sustained member and product growth • This virtuous cycle is our sustainable competitive advantage Financial Services Productivity Loop (FSPL) Generating the highest lifetime value of members is our sustainable competitive advantage Cross-buy rate of 51% in Q3’26 demonstrates the power of the FSPL
Page 9
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 9 Revenue Per Product Monetization is a key driver of performance FY 2024 FY 2025 FY 2026 (dollars in 000’s, except per product amounts) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Q3’26 Lending Segment Personal loans 1,152,688 1,222,230 1,305,246 1,405,928 1,507,344 1,641,340 1,791,918 1,935,607 2,100,366 2,325,262 2,598,719 Student loans 521,835 532,279 551,838 568,612 583,914 596,351 622,840 644,225 672,407 703,081 759,726 Home Loans 30,632 32,071 33,677 35,814 38,575 42,677 47,830 53,354 58,579 65,016 71,609 Total lending products (4) 1,705,155 1,786,580 1,890,761 2,010,354 2,129,833 2,280,368 2,462,588 2,633,186 2,831,352 3,093,359 3,430,054 Adjusted net revenue - Lending (Non-GAAP) (2) $ 325,323 $ 339,052 $ 391,892 $ 422,783 $ 412,334 $ 446,798 $ 481,408 $ 486,466 $ 629,284 $ 711,672 $ 807,370 Lending adjusted revenue per product (5) $ 763 $ 759 $ 829 $ 841 $ 774 $ 784 $ 782 $ 739 $ 889 $ 920 $ 942 Financial Services Segment Money 3,880,021 4,298,642 4,720,305 5,094,785 5,477,472 5,887,669 6,336,705 6,791,108 7,319,872 7,888,387 8,501,822 Invest 2,224,705 2,332,045 2,394,367 2,525,059 2,684,658 2,853,416 3,045,078 3,244,143 3,672,884 3,931,718 4,180,957 Credit Card 254,617 260,585 264,937 279,360 306,106 344,469 392,008 435,722 436,184 509,825 656,132 Referred loans 59,555 65,308 73,090 85,205 102,986 122,580 135,535 149,872 162,485 180,443 194,465 Crypto — — — — — — — 63,441 239,509 388,336 503,070 SoFi Plus — — — — — — — — — 206,000 272,835 At Work 92,389 99,564 107,668 113,917 119,886 127,224 147,348 163,411 176,142 189,078 202,554 Relay 3,613,686 3,933,706 4,199,602 4,636,755 5,094,484 5,526,315 6,033,791 6,687,259 7,320,718 7,993,828 8,729,690 Total financial services products (4) 10,124,973 10,989,850 11,759,969 12,735,081 13,785,592 14,861,673 16,090,465 17,534,956 19,327,794 21,287,615 23,241,525 Total net revenue - Financial Services $ 150,551 $ 176,132 $ 238,308 $ 256,520 $ 303,119 $ 362,533 $ 419,623 $ 456,741 $ 428,543 $ 466,278 $ 525,095 Financial Services revenue per product $ 59 $ 64 $ 81 $ 81 $ 88 $ 98 $ 104 $ 104 $ 89 $ 88 $ 90 Note: Lending adjusted revenue per product is a non-GAAP financial measure. See “Footnotes” and "Financial Supplement" sections for a detailed definition and reconciliation to the nearest GAAP metric. Revenue per product amounts are annualized.
Page 10
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 10 Rule of 40 SoFi is built to consistently deliver a unique combination of growth and returns 54% 49% 50% 51% 58% 43% 37% 27% 34% 26% 22% 30% 24% 33% 44% 38% 37% 41% 40%44% 2% 3% 6% 11% 16% 16% 16% 18% 30% 25% 23% 27% 27% 27% 29% 29% 31% 31% 30% 34%55 52 56 62 74 59 53 45 65 51 45 57 51 60 73 67 68 72 70 79 Adjusted Net Revenue Growth (%)Adjusted EBITDA Margin (%)Rule of 40 Score 4Q 21 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 2Q 233Q 23 4Q 231Q 24 2Q 243Q 244Q 241Q 25 2Q 253Q 254Q 251Q 26 2Q 263Q 26 Rule of 40 Note: Rule of 40 is calculated as the quarterly year-over-year change in adjusted net revenue plus quarterly adjusted EBITDA margin. Adjusted net revenue and adjusted EBITDA margin are non- GAAP financial measures. See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding. • Consistently exceeded the Rule of 40 for five years, achieving an average score of 61% • Delivered consistent performance across a variety of macroeconomic environments • Demonstrated ability to drive high- quality, profitable growth • Achieved a growth and profitability profile that exceeds legacy financial institutions and places SoFi in rarefied air among fintech and broader technology companies
Page 11
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 11 Durable Growth & Strong Returns Driving 30%+ growth and strong returns by addressing huge opportunities for existing and new businesses Note: Adjusted net revenue and adjusted earnings per share are non-GAAP financial measures. See "Footnotes" and "Financial Supplement" sections for detailed definitions and reconciliations to the nearest GAAP metric. * Excludes non-recurring benefits related to transaction-related expenses and restructuring charges in 2Q26 and 3Q26, deferred taxes in 2024, and goodwill impairment in 2023 and includes adjustment to diluted common stock outstanding for the benefits of the capped call transactions beginning in 4Q24. There were no adjustments to adjusted earnings per share in 2022 and 1Q26. $1,540 $2,074 $2,606 $3,591 $5,040 $6,400 2022 2023 202420252026 2027 Guidance Adjusted Net Revenue ($ in millions) (2) Adjusted Earnings Per Share (3)* Growth Opportunities $(0.40) $(0.10) $0.15 $0.39 $0.61 $0.90 2022 2023 2024 20252026 2027 Guidance • Continued growth across key segments driving Net Interest Income and fee-based revenue: ◦ Refinancing the nearly $1T of prime, U.S. credit card debt with SoFi Personal Loans ◦ Capturing an approximate $400B student loan refinance opportunity at current rates, alongside in-school lending ◦ Gaining share in the massive home loan market through purchase, refinance, and home equity products • Taking share of massive deposit and investment markets (currently holding <1%) to drive increasing interchange and brokerage fee revenue • Driving innovation through new business initiatives across crypto, AI, Big Business Banking, and SoFi Tech Solutions 33% CAGR 2025 - 2027 52% CAGR 2025 - 2027
Page 12
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 12 Path to generating ROTCE in the 20% to 30% range SoFi’s business strategy is driving the company towards its target long-term returns Note: Adjusted net income, adjusted net income margin, adjusted net revenue, average tangible common equity and ROTCE are non-GAAP financial measures. See "Footnotes" and "Financial Supplement" sections for detailed definitions and reconciliations to the nearest GAAP metric. • Adjusted net income margins will expand as businesses mature and higher-margin businesses are a larger part of revenue mix ◦ Incremental adjusted net income margins have already been ~30%, while growing revenue more than 35%, demonstrating that these margin levels are achievable ◦ Over time, incremental margins will become overall margin • Adjusted net revenue will grow without a commensurate increase in equity driven by more capital-light, fee-based businesses ◦ Over time, fee-based revenue will grow from ~40% of total revenue to 50%+ NET INCOME MARGIN REVENUE TO EQUITY RATIO RETURN ON TANGIBLE COMMON EQUITY Adj. Net Income Adj. Net Revenue ROTCE Adj. Net Revenue Avg. Tangible Common Equity 25% 1 25% Adj. Net Income Margin Adj. Net Revenue to Equity Ratio ROTCE x 1 2 x = 1 2 Illustrative example of delivering 25% ROTCE
Page 13
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 13 Initiatives to Fuel Continued Durable Growth SoFi is bringing the strength of a nationally licensed bank to the forefront of digital financial services SoFi Crypto SoFi Pay SoFiUSD Big Business Banking SoFi became the first nationally chartered bank to launch consumer crypto trading, allowing members to instantly buy dozens of cryptocurrencies directly from their interest-bearing, FDIC- insured deposit accounts. SoFi enhanced its money movement capabilities with the launch of SoFi Pay, leveraging blockchain technology to allow members to send money across more than 30 countries in a fast, seamless, low- cost, and secure way. SoFi became the first nationally chartered bank to issue a stablecoin on a public, permissionless blockchain. SoFiUSD is backed by cash at the Federal Reserve (with zero credit, liquidity, or duration risk) and underpins future initiatives across the company. SoFi introduced Big Business Banking to provide fiat and crypto banking on a single regulated platform, featuring institutional- grade safeguards and real-time, API-driven 24/7 money movement. SoFi Coach SoFi Tech Solutions Small Business Loans SoFi Earn SoFi launched SoFi Coach, leveraging AI to provide insights across all areas of financial activity. Building upon Cash Coach, it answers questions, provides investment and lending options, helps set and track goals, and simplifies time- consuming processes. SoFi introduced a new go-to-market strategy offering enterprise clients a wider range of services, including Processing, Banking Core Ledgers and Services, Payment Hub, and Risk and Fraud Platforms, powering growth across banks, fintechs, and consumer brands. SoFi launched SoFi Small Business Loans to provide entrepreneurs with fast, transparent financing directly through its digital-first platform, capturing a high- demand market while laying the groundwork for future business product innovations. SoFi launched SoFi Earn, the first and only national bank-issued tokenized deposit for consumers. SoFi members can now earn interest on digital dollars while keeping them ready to use, representing the company’s fifth new crypto offering in less than a year. Launched Q4’25 Launched Q4’25 Launched Q4’25 Launched Q1’26 Launched Q2’26 Relaunched Q2’26 Launched Q2’26 Launched Q4’26
Page 14
Financial Performance Q3 2026
Page 15
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 15 Members and Products Increasing products per member demonstrates the power of the Financial Services Productivity Loop 5,223 7,542 10,127 13,651 17,074 2022 2023 2024 2025 3Q26 7,895 11,142 14,745 20,168 26,672 2022 2023 2024 2025 3Q26 YoY Growth 44% 34% 35% 35% YoY Growth 41% 32% 37% 44% CAGR: 37% CAGR: 38% Members (in thousands) (1) Products (in thousands) (4) Products Per Member Note: Prior year data as of 12/31. Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding. New Members(6) 2,354 2,806 3,580 1,174 New Products(6) 3,502 4,141 5,530 2,236(Q3’26) (Q3’26) 1.47 1.48 1.51 1.54 1.56 3Q25 4Q25 1Q26 2Q26 3Q26 Products per member reached an all- time high of 1.56 in Q3 2026
Page 16
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 16 Durable Growth SoFi’s diversified business model is built to provide strong growth through different environments YoY Growth 35% 26% 38% 44% $1,540 $2,074 $2,606 $3,591 $419 $531 $689 $950 $1,371 2022 2023 2024 2025 2026 Margin 21% 26% 29% 34% $143 $432 $666 $1,054 $44 $98 $186 $277 $470 2022 2023 2024 2025 2026 Margin (3)% 9% 13% 18% $227 $481 $(320) $(54) $167$61 $139 $243 2022 2023 2024 2025 2026 Q3 Adjusted Net Revenue Adjusted Net Revenue ($ in millions) (2) Adjusted EBITDA ($ in millions) (7) Adjusted Net Income ($ in millions) (8)* Q3 Adjusted EBITDA Note: Adjusted net revenue, adjusted EBITDA, and adjusted net income are non-GAAP financial measures. See "Footnotes" and "Financial Supplement" sections for detailed definitions and reconciliations to the nearest GAAP metric. * Excludes non-recurring benefits related to restructuring charges and transaction-related expenses in 2Q26 and 3Q26, deferred taxes in 2024, and goodwill impairment in 2023. There were no adjustments to adjusted net income in 2022 and 2025. Q3 Adjusted Net Income Q3’25 to Q3’26 2026 Guidance ~$5,040 2026 Guidance ~$1,660 2026 Guidance ~$840 Q3’26 Q3’26
Page 17
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 17 Cash Revenue SoFi is consistently generating high-quality cash revenue in line with total revenue YoY growth 78% 67% 43% 41% 39% $623 $1,110 $1,857 $2,657 $3,753 $996 $1,386 $623 $1,110 $1,857 $2,657 $1,084 62% 72% 90% 102% 105% 101% 2021 2022 2023 2024 2025 3Q26 Cash Revenue ($ in millions) (9) Note: Cash Revenue is a non-GAAP financial measure. See "Footnotes" and "Financial Supplement" sections for a detailed definition and reconciliations to the nearest GAAP metric. • Cash revenue exceeded Adjusted Net Revenue for 2024, 2025, and the first 9 months of 2026 • Q3 2026 cash revenue included: ◦ $927 million in cash revenue from net interest income ◦ $460 million in cash revenue from technology and loan platform fees, loan origination fees, interchange fees, and brokerage fees Q3’25 to Q3’26 Q3 cash revenue Percent of Total Adjusted Net Revenue Q3 Annualized ~$5.5 billion
Page 18
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 18 Tech Platform and Financial Services Adjusted Net Revenue ($ in millions) (2) Fee-Based Revenue ($ in millions) Fee-Based Revenue Mix Diversified Revenue Returns continue to strengthen as the business scales; 12 consecutive profitable quarters $483 $789 $1,217 $1,992 $483 $789 $1,217 $1,992 $612 2022 2023 2024 2025 3Q26 Note: Adjusted net revenue is a non-GAAP financial measure. See "Footnotes" and "Financial Supplement" sections for detailed definitions and reconciliations to the nearest GAAP metric. Fee-based revenue is comprised of loan origination fees, loan platform fees, referral fees, certain technology platform fees, interchange and brokerage fees. YoY Growth 63% 54% 64% 15% YoY Growth 45% 74% 59% 40% $385 $556 $970 $1,545 $571 2022 2023 2024 2025 3Q26 25% 27% 37% 43% 42% 75% 73% 63% 57% 58% Fee-Based Revenue All Other Adjusted Net Revenue 2022 2023 2024 2025 3Q26 Q4 Q3’25 to Q3’26 Q3’25 to Q3’26 Q3 Annualized ~$2.4 billion Q3 Annualized ~$2.3 billion
Page 19
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 19 Long-Term Approach Continued investment in innovation and brand building will drive long-term growth Note: Adjusted EBITDA Margin is a non-GAAP financial measure. See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding. 9% 21% 26% 29% 34% Adjusted EBITDA margin 2022 2023 2024 2025 3Q26 Adjusted EBITDA Margin (7) • Executing a deliberate strategy to balance near-term profitability with aggressive reinvestment, leveraging market dynamics to capture long-term share • Demonstrating a proven ability to allocate capital and resources toward our most attractive growth opportunities • Deploying targeted investments across three key areas: member-facing experiences, strategic business diversification, and core technology, data, and operations
Page 20
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 20 Adjusted Earnings Per Share (3)* Tangible Book Value ($ in millions) (10) ROTCE (11) Strong Returns SoFi has delivered 12 consecutive profitable quarters Increase $0.30 $0.25 $0.24 $0.07 $0.12 $0.12 $(0.40) $(0.10) $0.15 $0.39 $0.18 2022 2023 2024 2025 3Q26 Increase $276 $1,373 $4,014 $2,518 $3,245 $3,521 $4,894 $8,908 $9,705 2022 2023 2024 2025 3Q26 Increase 824bps 673bps 405bps 148bps (11.1)% (2.8)% 3.9% 8.0% 9.9% 2022 2023 2024 2025 3Q26 Note: Adjusted earnings per share, tangible book value, and ROTCE are non-GAAP financial measures. See "Footnotes" and "Financial Supplement" sections for detailed definitions and reconciliations to the nearest GAAP metric. * Excludes non-recurring benefits related to restructuring charges and transaction-related expenses in 2Q26 and 3Q26, deferred taxes in 2024, and goodwill impairment in 2023 and includes adjustment to diluted common stock outstanding for the benefits of the capped call transactions beginning in 4Q24. There were no adjustments to adjusted earnings per share in 2022. 2Q26 Adjusted EPS 2026 Guidance ~$0.61 Q3’25 to Q3’26 Q3’25 to Q3’26 Q3’25 to Q3’26 1Q26 Adjusted EPS 3Q26 Adjusted EPS
Page 21
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 21 Financial Services Segment Financial Services has driven 25% net revenue growth year-over-year, at strong margins $420 $457 $429 $466 $525 $204 $208 $228 $249 $281 $216 $249 $201 $217 $244 Noninterest income includes fee-based revenue generated primarily through loan platform business, referrals, interchange and brokerage. Net interest income primarily generated through deposits and credit card loans. 3Q25 4Q25 1Q26 2Q26 3Q26 $226 $231 $196 $213 $261 54% 51% 46% 46% 50% Contribution Margin Contribution Profit 3Q25 4Q25 1Q26 2Q26 3Q26 Net Revenue ($ in millions) Contribution Margin and Profit ($ in millions) 25% net revenue year-over-year growth 13% noninterest income year-over-year growth 38% net interest income year-over-year growth Note: The sum of individual metrics may not always equal total amounts indicated due to rounding.
Page 22
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 22 Balance Sheet Loans that fit our risk and return profile are retained to gain the benefit of recurring interest income when advantageous Loan Sales Portions of our Balance Sheet loans are sold directly to asset buyers Securitizations Portions of our Balance Sheet loans are securitized and sold to asset buyers Secured Financing Financing is provided to asset buyers to purchase tranches of SoFi-originated loans Loan Platform Business (LPB) Loans are originated on behalf of third parties to meet their pre-defined criteria LPB Referrals Customers that do not fit our lending criteria or loan types are referred to third parties SoFi Lending Platform Capabilities Diversified lending capabilities serve more members while maximizing returns SoFi Members Economic Lending Model Designed to direct loans through the most efficient channel to optimize risk- adjusted return Scope P P S H C B Financial Services Segment Lending Segment Personal Loans Home Loans Student Loans Credit Cards SMB Loans S H P P S H P P P S H C B C • SoFi’s Lending Platform provides optionality to hold loans on the balance sheet and collect Net Interest Income or direct loans to LPB partners and collect fee revenue • Diversifies overall revenue to more fee- based sources • Provides tools to manage balance sheet size, risk and capital • LPB helps to scale the business in a capital-light way • Opportunity to serve more members, including those outside SoFi’s credit box • Retaining servicing and client relationships keeps members in the Financial Services Productivity Loop and drive cross-buy B B H
Page 23
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 23 Adjusted Net Revenue ($ in millions) (2) Contribution Margin and Profit ($ in millions) Lending Segment Lending has delivered strong growth at a very attractive contribution margin $481 $486 $629 $712 $807 $428 $445 $500 $573 $670 $53 $42 $129 $138 $137 Adjusted Noninterest Income generated through Loan originations, sales and securitizations, which includes origination fees, and servicing Net Interest Income generated through holding loans on the balance sheet 3Q25 4Q25 1Q26 2Q26 3Q26 $262 $272 $382 $399 $455 54% 56% 61% 56% 56% Contribution Margin Contribution Profit 3Q25 4Q25 1Q26 2Q26 3Q26 68% year-over-year growth Note: Adjusted net revenue is a non-GAAP financial measure. See "Footnotes" and "Financial Supplement" sections for detailed definitions and reconciliations to the nearest GAAP metric. The sum of individual metrics may not always equal total amounts indicated due to rounding.
Page 24
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 24 Lending Originations Continued opportunity to drive strong originations across loan types $9,774 $13,801 $17,615 $27,496 $31,681 $2,810 $3,886 $4,892 $7,489 $12,622 $2,466 $3,223 $5,252 2022 2023 2024 2025 2026 $2,246 $2,630 $3,781 $5,538 $8,223 $457 $919 $944 $1,492 $2,922 2022 2023 2024 2025 2026 Driven by strong borrower demand and a tremendous opportunity to refinance ~$1.2T of U.S. credit card debt Increased opportunity to help members pay off student debt as rates decline and repayments resume $966 $998 $1,820 $3,389 $3,979 $216 $356 $490 $945 $1,361 2022 2023 2024 2025 2026 Leveraging a complete product set and operational infrastructure to scale, particularly as interest rates become more favorable Personal Loans ($ in millions) Student Loans ($ in millions) Home Loans ($ in millions) Note: The sum of individual metrics may not always equal total amounts indicated due to rounding. Personal loan originations for the third quarter of 2026, 2025 and 2024 includes $3.6 billion, $3.4 billion, and $1.0 billion, respectively, of origination volume related to our Loan Platform Business. Home loan originations for the third quarter of 2026 includes $189.5 million or origination volume related to our Loan Platform Business. Q1-Q3 Q1-Q3 Q1-Q3 Third quarter originations Third quarter originations Third quarter originations
Page 25
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 25 Consistent Credit Performance Credit performance reflects strong underwriting capabilities and drives attractive risk-adjusted returns 5.4% 5.0% 4.9% 4.8% 4.5% 4.2% 4.4% 4.4% 3.7% 3.4% 2.97%2.94% 3.44% 3.98% 3.45% 3.84% 3.52%3.37%3.31% 2.83%2.60%2.80%3.03% 2.62% 2.26% 0.34%0.42%0.38%0.59%0.60%0.64%0.69%0.62%0.47% 0.94%0.69%0.76%0.65%0.61%0.63% Personal Loan (PL) net charge-offs without the sale of delinquent loans Personal Loan (PL) net charge-offs Student Loan (SL) net charge-offs Q1 23 Q2 23Q3 23Q4 23Q1 24Q2 24Q3 24Q4 24Q1 25Q2 25Q3 25Q4 25Q1 26 Q2 26Q3 26 Net Charge-Offs (NCOs) • Leveraging a time-tested credit model that underwrites to borrower cash flow, supported by efficient digital data collection. • Focus on driving strong risk-adjusted returns for all loan types. • Decreasing Personal Loan NCOs driven by strong credit and balance sheet growth. • Student Loan NCOs continue to be stable following 2025 servicer changes and loan repurchases. • Credit performing in-line with expectations. Q3 Borrower Characteristics Weighted Average Income Weighted Average FICO Personal Loans $150K 743 Student Loans $154K 761
Page 26
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 26 As of Q2’26 As of Q3’26 At 40% remaining unpaid principal, NCL is 4.15% for Q4’22-Q4’25 vintages vs. 5.87% for 2017 as of June 2026 At 33% remaining unpaid principal, NCL is 4.71% for Q4’22-Q4’25 vintages vs. 6.62% for 2017 as of September 2026 Personal Loan Credit Performance Outperformance of recent vintages over prior cohorts has widened for 9 consecutive quarters 2022 Q4-2025 Q42017 Note: all performance data in this section excludes confirmed fraud. Remaining Unpaid PrincipalRemaining Unpaid Principal 172 bps 191 bps
Page 27
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 27 Q1'20 - Q2'26 Origination & NCL Analysis Total Originations Q1'20 - Q2'26 $92.4B Remaining UPB on Total Originations Q1'20-Q2'26 $34.8B % Remaining 38% Cumulative Net Losses to Date $3.8B % NCL of Paid off Balance 6.7% % NCL of Total Originations 4.2% Of the $92.4B of Q1’20-Q2’26 principal originated, 38% remains outstanding Net Cumulative Losses of $3.8B represent 6.7% of paid off principal and 4.2% of the total original balance In order to surpass 8% life of loan losses on all Q1’20 to Q2’26 originations, the remaining 38% unpaid principal would have to near 10% loss rates Personal Loan Credit Performance Performance is trending better than our underwriting tolerance Note: data in this section excludes confirmed fraud
Page 28
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 28 Net Revenue and Contribution Profit ($ in millions) Technology Platform Segment The Tech Platform gives clients the ability to create, launch, and run digital financial products Web & Mobile Banking Conversational Banking Physical Card Virtual Card Payment Processing Deposit Accounts FinCrime Mitigation Lending Accounts Technology that enables digital banking User Experience Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding. $115 $122 $75 $85 $87 $32 $48 $12 $12 $14 Net RevenueContribution Profit 3Q25 4Q25 1Q26 2Q26 3Q26 Tech Platform Accounts (in millions) (12) 131 145 168 128 140 2022 2023 2024 2025 3Q26 In 2026, we launched a new, unified brand, SoFi Tech Solutions, offering enterprise clients products and services across a total of four platform businesses Processing — Banking Core Ledgers and Services — Payment Hub — Risk and Fraud
Page 29
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 29 Funding Base Net Interest Margin Funding and Net Interest Margin SoFi’s strong member-driven funding base supports a stable net interest margin 78% 89% 95% 93% 22% 11% 5% 7% Deposit funding All other funding 2023 2024 2025 3Q26 5.88% 5.80% 5.85% 6.14% 2023 2024 2025 3Q26 • Since acquiring a bank license in 2022, we’ve grown deposits to $51B • ~90% deposit funded • Vast majority of deposits coming from durable direct deposit relationships • Stable funding base and attractive loan yields drive a strong NIM • Shift towards more deposit funding has reduced the funding expense by an estimated $745M per year on an annualized basis Note: The sum of individual metrics may not always equal total amounts indicated due to rounding.
Page 30
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 30 Capital Ratios SoFi maintains strong levels of capital well above regulatory minimums Note: See “Footnotes” section for detailed explanations and definitions. ($ in thousands) Amount(13) Ratio(13) Required Minimum(14) CET1 risk-based capital $9,520,479 16.9% 7.0% Tier 1 risk-based capital $9,520,479 16.9% 8.5% Total risk-based capital $9,581,500 17.0% 10.5% Tier 1 leverage $9,520,479 15.0% 4.0% SoFi Technologies as of Q3 2026
Page 31
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 31 $ in millions, except per share amounts 2025 Actual FY 2026 Guidance Prior FY 2026 Guidance YoY Growth (%) YoY Growth (%) Adjusted net revenue (2) $3,591 ~$5,040 ~40% $4,750 - $4,850 ~32% - 35% Adjusted EBITDA (7) $1,054 ~$1,660 ~57% ~$1,600 ~52% Implied adj. EBITDA margin (7) 29% ~33% ~33% - 34% Adjusted Net Income (8) $481 ~$840 ~75% ~$825 ~72% Implied adj. net income margin 13% ~17% ~17% Adjusted Diluted EPS (3) $0.39 ~$0.61 ~56% ~$0.60 ~54% FY 2026 Guidance FY 2027 Guidance YoY Growth (%) Adjusted net revenue (2) ~$5,040 ~$6,400 ~27% Adjusted EBITDA (7) ~$1,660 ~$2,240 ~35% Implied adj. EBITDA margin (7) ~33% ~35% Adjusted Net Income (8) ~$840 ~$1,280 ~52% Implied adj. net income margin ~17% ~20% Adjusted Diluted EPS (3) ~$0.61 ~$0.90 ~48% Note: Adjusted net revenue, adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted net income margin, and adjusted EPS are non-GAAP financial metrics. See “Footnotes” section for detailed explanations and definitions and reconciliations to the nearest GAAP metric. FY 2026 guidance assumes a full year tax rate of 22% compared to an assumed mid-teens tax rate when 2026 EPS guidance of $0.60 was originally provided FY 2027 guidance assumes a full year tax rate of 24% Guidance FY 2026 & FY 2027
Page 32
Financial Supplement
Page 33
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 33 Company Metrics Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding. FY 2024 FY 2025 FY 2026 (in 000’s) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Q3’26 Company Metrics Members (1) 8,132 8,774 9,373 10,127 10,916 11,746 12,642 13,651 14,706 15,814 17,074 QoQ % 7.8 % 7.9 % 6.8 % 8.1 % 7.8 % 7.6 % 7.6 % 8.0 % 7.7 % 7.5 % 8.0 % YoY % 43.8 % 40.6 % 34.7 % 34.3 % 34.2 % 33.9 % 34.9 % 34.8 % 34.7 % 34.6 % 35.1 % New Members (6) 622 643 756 785 802 846 905 1,027 1,055 1,120 1,174 Products (4) 11,830 12,776 13,651 14,745 15,915 17,142 18,553 20,168 22,159 24,381 26,672 QoQ % 6.2 % 8.0 % 6.8 % 8.0 % 7.9 % 7.7 % 8.2 % 8.7 % 9.9 % 10.0 % 9.4 % YoY % 38.3 % 35.9 % 30.7 % 32.3 % 34.5 % 34.2 % 35.9 % 36.8 % 39.2 % 42.2 % 43.8 % New Products (6) 989 946 1,068 1,137 1,188 1,263 1,430 1,650 1,807 2,199 2,236 Lending Products (4) 1,705 1,787 1,891 2,010 2,130 2,280 2,463 2,633 2,831 3,093 3,430 QoQ % 2.5 % 4.8 % 5.8 % 6.3 % 5.9 % 7.1 % 8.0 % 6.9 % 7.5 % 9.3 % 10.9 % YoY % 20.4 % 18.8 % 18.6 % 20.9 % 24.9 % 27.6 % 30.2 % 31.0 % 32.9 % 35.7 % 39.3 % Financial Services Products (4) 10,125 10,990 11,760 12,735 13,786 14,862 16,090 17,535 19,328 21,288 23,242 QoQ % 6.8 % 8.5 % 7.0 % 8.3 % 8.2 % 7.8 % 8.3 % 9.0 % 10.2 % 10.1 % 9.2 % YoY % 41.8 % 39.2 % 32.8 % 34.3 % 36.2 % 35.2 % 36.8 % 37.7 % 40.2 % 43.2 % 44.4 %
Page 34
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 34 Segment Financials Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding. FY 2024 FY 2025 FY 2026 (in 000’s) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Q3’26 Lending Segment Student Loan Originations $ 751,680 $ 736,518 $ 943,584 $ 1,348,970 $ 1,191,463 $ 993,326 $ 1,491,724 $ 1,861,421 $ 2,613,708 $ 2,686,760 $ 2,922,068 Personal Loan Originations 3,278,882 4,192,114 4,892,040 5,251,949 5,536,841 6,968,746 7,488,879 7,501,068 8,340,249 10,718,359 12,622,140 Home Loan Originations 336,148 416,936 489,767 577,362 517,758 798,881 944,651 1,127,705 1,224,674 1,393,375 1,361,024 Small Business Loan Originations — — — — — — — — — — 27,051 Total Originations $ 4,366,710 $ 5,345,568 $ 6,325,391 $ 7,178,281 $ 7,246,062 $ 8,760,953 $ 9,925,254 $ 10,490,194 $ 12,178,631 $ 14,798,494 $ 16,932,283 Lending Products (4) 1,705 1,787 1,891 2,010 2,130 2,280 2,463 2,633 2,831 3,093 3,430 Adjusted Net Revenue - Lending (Non-GAAP) (2) $ 325,323 $ 339,052 $ 391,892 $ 422,783 $ 412,334 $ 446,798 $ 481,408 $ 486,466 $ 629,284 $ 711,672 $ 807,370 Directly Attributable Expenses (15) 117,604 141,114 152,964 176,825 173,399 202,088 219,808 214,811 246,898 312,639 352,436 Contribution Profit (16) $ 207,719 $ 197,938 $ 238,928 $ 245,958 $ 238,935 $ 244,710 $ 261,600 $ 271,655 $ 382,386 $ 399,033 $ 454,934 Technology Platform Segment Technology Platform accounts (12) 151,049 158,485 160,179 167,714 158,432 160,046 157,860 128,462 132,874 134,804 140,441 Net Revenue $ 94,366 $ 95,438 $ 102,539 $ 102,835 $ 103,427 $ 109,833 $ 114,578 $ 122,373 $ 75,086 $ 84,505 $ 87,368 Directly Attributable Expenses (15) 63,624 64,287 69,584 70,728 72,514 76,638 82,207 74,439 63,087 72,733 73,165 Contribution Profit (Loss) (16) $ 30,742 $ 31,151 $ 32,955 $ 32,107 $ 30,913 $ 33,195 $ 32,371 $ 47,934 $ 11,999 $ 11,772 $ 14,203 Financial Services Segment Financial Services products (4) — — — — — — — 63 240 388 23,242 Net Revenue $ 150,551 $ 176,132 $ 238,308 $ 256,520 $ 303,119 $ 362,533 $ 419,623 $ 456,741 $ 428,543 $ 466,278 $ 525,095 Provision for Credit Losses 7,165 11,634 6,008 6,852 5,639 10,031 9,199 5,460 8,890 13,756 14,737 Directly Attributable Expenses (15) 106,212 109,278 132,542 134,813 149,148 164,270 184,867 220,493 224,069 239,846 249,344 Contribution Profit (Loss) (16) $ 37,174 $ 55,220 $ 99,758 $ 114,855 $ 148,332 $ 188,232 $ 225,557 $ 230,788 $ 195,584 $ 212,676 $ 261,014
Page 35
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 35 Segment Financials Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding. Full Year (in 000’s) 2022 2023 2024 2025 Lending Segment Student Loan Originations $ 2,245,499 $ 2,630,040 $ 3,780,752 $ 5,537,934 Personal Loan Originations 9,773,705 13,801,065 17,614,985 27,495,534 Home Loan Originations 966,177 997,492 1,820,213 3,388,995 Total Originations $ 12,985,381 $ 17,428,597 $ 23,215,950 $ 36,422,463 Lending Products (4) 1,341 1,663 2,010 2,633 Adjusted Net Revenue - Lending (Non-GAAP) (2) $ 1,106,948 $ 1,336,346 $ 1,479,050 $ 1,827,006 Directly Attributable Expenses (15) 442,945 513,073 588,507 810,106 Contribution Profit (Loss) (16) $ 664,003 $ 823,273 $ 890,543 $ 1,016,900 Technology Platform Segment Technology Platform accounts (12) 130,704 145,425 167,714 128,462 Net Revenue $ 315,133 $ 352,340 $ 395,178 $ 450,211 Directly Attributable Expenses (15) 238,620 257,554 268,223 305,798 Contribution Profit (Loss) (16) $ 76,513 $ 94,786 $ 126,955 $ 144,413 Financial Services Segment Financial Services products (4) — — — 63 Net Revenue $ 167,676 $ 436,515 $ 821,511 $ 1,542,016 Provision for Credit Losses 54,332 54,945 31,659 30,329 Directly Attributable Expenses (15) 312,770 381,832 482,845 718,778 Contribution Profit (Loss) (16) $ (199,426) $ (262) $ 307,007 $ 792,909
Page 36
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 36 Segment Financials Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding. FY 2024 FY 2025 FY 2026 (in 000’s, except for product amounts) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Q3’26 Lending Segment Net interest income $ 266,536 $ 279,212 $ 316,268 $ 345,210 $ 360,621 $ 372,675 $ 427,973 $ 444,763 $ 500,231 $ 573,298 $ 670,230 Total noninterest income 63,940 61,493 79,977 72,586 52,752 70,837 65,409 53,919 142,189 151,500 151,115 Total net revenue 330,476 340,705 396,245 417,796 413,373 443,512 493,382 498,682 642,420 724,798 821,345 Adjusted net revenue - Lending (Non-GAAP) (2) 325,323 339,052 391,892 422,783 412,334 446,798 481,408 486,466 629,284 711,672 807,370 Contribution profit - Lending (16) 207,719 197,938 238,928 245,958 238,935 244,710 261,600 271,655 382,386 399,033 454,934 Lending Products (4) 1,705 1,787 1,891 2,010 2,130 2,280 2,463 2,633 2,831 3,093 3,430 Lending revenue per product $ 775 $ 763 $ 838 $ 831 $ 776 $ 778 $ 801 $ 758 $ 908 $ 937 $ 958 Lending adjusted revenue per product (5) $ 763 $ 759 $ 829 $ 841 $ 774 $ 784 $ 782 $ 739 $ 889 $ 920 $ 942 Technology Platform Segment Net interest income $ 501 $ 555 $ 629 $ 473 $ 413 $ 266 $ 432 $ 394 $ 355 $ 1,022 $ 1,030 Total noninterest income 93,865 94,883 101,910 102,362 103,014 109,567 114,146 121,979 74,731 83,483 86,338 Total net revenue 94,366 95,438 102,539 102,835 103,427 109,833 114,578 122,373 75,086 84,505 87,368 Contribution profit - Technology Platform (16) 30,742 31,151 32,955 32,107 30,913 33,195 32,371 47,934 11,999 11,772 14,203 Financial Services Segment Net interest income $ 119,713 $ 139,229 $ 154,143 $ 160,337 $ 173,199 $ 193,322 $ 203,660 $ 207,810 $ 227,740 $ 249,052 $ 281,254 Total noninterest income 30,838 36,903 84,165 96,183 129,920 169,211 215,963 248,931 200,803 217,226 243,841 Total net revenue 150,551 176,132 238,308 256,520 303,119 362,533 419,623 456,741 428,543 466,278 525,095 Contribution profit (loss) - Financial Services (16) 37,174 55,220 99,758 114,855 148,332 188,232 225,557 230,788 195,584 212,676 261,014 Corporate/Other Segment Net interest income (expense) $ 15,968 $ (6,412) $ (40,030) $ (35,851) $ (35,507) $ (48,426) $ (46,951) $ (35,688) $ (35,338) $ (35,177) $ (23,062) Total noninterest income (loss) 53,634 (7,245) 59 (7,175) (12,653) (12,508) (19,032) (17,057) (10,343) (21,728) (25,647) Total net revenue (loss) 69,602 (13,657) (39,971) (43,026) (48,160) (60,934) (65,983) (52,745) (45,681) (56,905) (48,709) Consolidated Net interest income $ 402,718 $ 412,584 $ 431,010 $ 470,169 $ 498,726 $ 517,837 $ 585,114 $ 617,279 $ 692,988 $ 788,195 $ 929,452 Total noninterest income 242,277 186,034 266,111 263,956 273,033 337,107 376,486 407,772 407,380 430,481 455,647 Total net revenue 644,995 598,618 697,121 734,125 771,759 854,944 961,600 1,025,051 1,100,368 1,218,676 1,385,099 Adjusted net revenue (Non-GAAP) (2) 580,648 596,965 689,445 739,112 770,720 858,230 949,626 1,012,835 1,087,232 1,205,550 1,371,124 Net income (loss) 88,043 17,404 60,745 332,473 71,116 97,263 139,392 173,549 166,731 156,592 240,989 Adjusted EBITDA (Non-GAAP) (7) 144,385 137,901 186,237 197,957 210,337 249,083 276,881 317,597 339,901 357,821 469,818
Page 37
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 37 Segment Financials Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding. Full Year (in 000’s) 2022 2023 2024 2025 Lending Segment Net interest income $ 531,480 $ 960,773 $ 1,207,226 $ 1,606,032 Total noninterest income 608,511 409,848 277,996 242,917 Total net revenue 1,139,991 1,370,621 1,485,222 1,848,949 Adjusted net revenue - Lending (Non-GAAP) (2) 1,106,948 1,336,346 1,479,050 1,827,006 Contribution profit - Lending (16) 664,003 823,273 890,543 1,016,900 Technology Platform Segment Net interest income $ — $ 1,514 $ 2,158 $ 1,505 Total noninterest income 315,133 350,826 393,020 448,706 Total net revenue 315,133 352,340 395,178 450,211 Contribution profit - Technology Platform (16) 76,513 94,786 126,955 144,413 Financial Services Segment Net interest income $ 92,574 $ 334,847 $ 573,422 $ 777,991 Total noninterest income 75,102 101,668 248,089 764,025 Total net revenue 167,676 436,515 821,511 1,542,016 Contribution profit (loss) - Financial Services (16) (199,426) (262) 307,007 792,909 Corporate/Other Segment Net interest income (expense) $ (39,958) $ (35,394) $ (66,325) $ (166,572) Total noninterest income (loss) (9,307) (1,293) 39,273 (61,250) Total net revenue (loss) (49,265) (36,687) (27,052) (227,822) Consolidated Net interest income $ 584,096 $ 1,261,740 $ 1,716,481 $ 2,218,956 Total noninterest income 989,439 861,049 958,378 1,394,398 Total net revenue 1,573,535 2,122,789 2,674,859 3,613,354 Adjusted net revenue (Non-GAAP) (2) 1,540,492 2,073,940 2,606,170 3,591,411 Net income (loss) (320,407) (300,742) 498,665 481,320 Adjusted EBITDA (Non-GAAP) (7) 143,346 431,737 666,480 1,053,898
Page 38
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 38 Net Interest Margin Components Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding. FY 2024 FY 2025 FY 2026 (in 000’s) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Q3’26 Average Balances Total interest-earning assets $ 27,428,608 $ 28,484,764 $ 30,779,049 $ 31,670,474 $ 33,647,318 $ 35,420,276 $ 39,728,007 $ 42,781,269 $ 47,321,417 $ 52,859,455 $ 60,083,602 Interest-bearing deposits 19,820,776 21,991,955 23,570,625 24,983,609 26,185,699 27,816,322 30,847,357 34,482,180 37,765,542 41,916,477 48,610,970 Debt 4,227,347 2,871,182 3,705,185 3,303,823 3,818,119 3,956,816 3,906,836 2,296,654 2,541,578 3,505,186 4,041,781 Total interest-bearing liabilities $ 24,053,127 $ 24,866,306 $ 27,276,498 $ 28,288,058 $ 30,004,397 $ 31,773,699 $ 34,754,733 $ 36,779,355 $ 40,307,631 $ 45,422,181 $ 52,653,252 Interest Income/Expense Total interest-earning assets $ 665,911 $ 674,595 $ 723,374 $ 743,937 $ 763,812 $ 792,405 $ 891,561 $ 927,421 $ 1,000,996 $ 1,140,528 $ 1,343,163 Interest-bearing deposits 211,451 231,815 248,292 238,596 225,399 233,232 264,901 290,511 287,229 320,463 376,339 Debt 51,742 30,196 44,072 35,172 39,687 41,336 41,546 19,631 20,779 31,870 37,372 Total interest-bearing liabilities $ 263,193 $ 262,011 $ 292,364 $ 273,768 $ 265,086 $ 274,568 $ 306,447 $ 310,142 $ 308,008 $ 352,333 $ 413,711 Average Rate Total interest-earning assets 9.76 % 9.53 % 9.35 % 9.34 % 9.21 % 8.97 % 8.90 % 8.60 % 8.58 % 8.65 % 8.87 % Interest-bearing deposits 4.29 % 4.24 % 4.19 % 3.80 % 3.49 % 3.36 % 3.41 % 3.34 % 3.08 % 3.07 % 3.07 % Debt 4.92 % 4.23 % 4.73 % 4.24 % 4.22 % 4.19 % 4.22 % 3.39 % 3.32 % 3.65 % 3.67 % Total interest-bearing liabilities 4.40 % 4.24 % 4.26 % 3.85 % 3.58 % 3.47 % 3.50 % 3.35 % 3.10 % 3.11 % 3.12 % Net Interest Margin 5.91 % 5.83 % 5.57 % 5.91 % 6.01 % 5.86 % 5.84 % 5.72 % 5.94 % 5.98 % 6.14 %
Page 39
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 39 Fair Value of Loans Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding. FY 2024 FY 2025 FY 2026 (in 000’s) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Q3’26 Personal Loans Unpaid principal $ 14,332,874 $ 15,040,190 $ 16,199,604 $ 16,589,623 $ 16,825,564 $ 18,416,674 $ 19,456,198 $ 20,243,217 $ 22,317,947 $ 26,101,759 $ 30,902,941 Accumulated interest 116,366 111,308 118,169 128,733 126,203 132,100 141,384 151,079 161,450 180,704 213,783 Cumulative FV adjustments 607,765 645,930 925,051 814,040 917,463 1,055,163 1,118,035 1,146,372 1,203,024 1,222,827 1,023,785 Fair value of loans on balance sheet $ 15,057,005 $ 15,797,428 $ 17,242,824 $ 17,532,396 $ 17,869,230 $ 19,603,937 $ 20,715,617 $ 21,540,668 $ 23,682,421 $ 27,505,290 $ 32,140,509 Student Loans Unpaid principal $ 6,559,211 $ 6,915,550 $ 7,437,305 $ 8,215,629 $ 9,053,359 $ 10,099,685 $ 11,143,322 $ 12,875,440 $ 14,510,630 $ 16,134,415 $ 18,067,482 Accumulated interest 27,414 29,957 34,956 44,603 49,501 57,581 49,228 58,277 69,285 81,501 102,620 Cumulative FV adjustments 247,536 249,255 404,406 337,136 468,597 584,375 635,437 723,861 756,905 704,648 348,553 Fair value of loans on balance sheet $ 6,834,161 $ 7,194,762 $ 7,876,667 $ 8,597,368 $ 9,571,457 $ 10,741,641 $ 11,827,987 $ 13,657,578 $ 15,336,820 $ 16,920,564 $ 18,518,655 Home Loans Unpaid principal $ 58,304 $ 94,673 $ 80,115 $ 149,862 $ 344,246 $ 359,360 $ 713,727 $ 1,133,329 $ 1,562,339 $ 2,067,122 $ 1,777,471 Accumulated interest 22 71 42 260 1,069 895 2,730 4,888 6,945 9,450 8,102 Cumulative FV adjustments 1,151 1,393 1,533 2,374 11,518 17,137 40,260 66,898 78,724 99,586 26,721 Fair value of loans on balance sheet $ 59,477 $ 96,137 $ 81,690 $ 152,496 $ 356,833 $ 377,392 $ 756,717 $ 1,205,115 $ 1,648,008 $ 2,176,158 $ 1,812,294 Total Unpaid principal $ 20,950,389 $ 22,050,413 $ 23,717,024 $ 24,955,114 $ 26,223,169 $ 28,875,719 $ 31,313,247 $ 34,251,986 $ 38,390,916 $ 44,303,296 $ 50,747,894 Accumulated interest 143,802 141,336 153,167 173,596 176,773 190,576 193,342 214,244 237,680 271,655 324,505 Cumulative FV adjustments 856,452 896,578 1,330,990 1,153,550 1,397,578 1,656,675 1,793,732 1,937,131 2,038,653 2,027,061 1,399,059 Fair value of loans on balance sheet $ 21,950,643 $ 23,088,327 $ 25,201,181 $ 26,282,260 $ 27,797,520 $ 30,722,970 $ 33,300,321 $ 36,403,361 $ 40,667,249 $ 46,602,012 $ 52,471,458
Page 40
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 40 90+ Day Delinquencies FY 2024 FY 2025 FY 2026 (in 000’s) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Q3’26 Personal Loans Total Unpaid principal $ 14,332,874 $ 15,040,190 $ 16,199,604 $ 16,589,623 $ 16,825,564 $ 18,416,674 $ 19,456,198 $ 20,243,217 $ 22,317,947 $ 26,101,759 $ 30,902,941 Unpaid principal 90+ day DQ 102,581 95,829 91,742 91,477 77,110 77,941 82,711 104,486 105,579 104,008 130,703 Accumulated interest 4,313 4,452 4,470 4,400 3,512 3,858 4,127 5,286 5,145 5,163 6,453 Cumulative FV adjustments (87,603) (79,035) (75,303) (75,390) (63,326) (63,942) (68,005) (85,843) (86,679) (85,488) (107,415) Fair value of loans on balance sheet $ 19,291 $ 21,246 $ 20,909 $ 20,487 $ 17,296 $ 17,857 $ 18,833 $ 23,929 $ 24,045 $ 23,683 $ 29,741 90+ Day Delinquency % 0.72 % 0.64 % 0.57 % 0.55 % 0.46 % 0.42 % 0.43 % 0.52 % 0.47 % 0.40 % 0.42 % Student Loans Total Unpaid principal $ 6,559,211 $ 6,915,550 $ 7,437,305 $ 8,215,629 $ 9,053,359 $ 10,099,685 $ 11,143,322 $ 12,875,440 $ 14,510,630 $ 16,134,415 $ 18,067,482 Unpaid principal 90+ day DQ 8,735 8,571 9,243 9,578 12,095 12,828 15,178 18,141 14,659 17,164 23,314 Accumulated interest 184 140 148 168 239 249 250 384 343 420 569 Cumulative FV adjustments (5,397) (5,978) (6,566) (6,760) (8,504) (9,082) (10,460) (13,512) (10,976) (12,874) (15,961) Fair value of loans on balance sheet $ 3,522 $ 2,733 $ 2,825 $ 2,986 $ 3,830 $ 3,995 $ 4,968 $ 5,013 $ 4,026 $ 4,710 $ 7,922 90+ Day Delinquency % 0.13 % 0.12 % 0.12 % 0.12 % 0.13 % 0.13 % 0.14 % 0.14 % 0.10 % 0.11 % 0.13 % Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding.
Page 41
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 41 Select Balance Sheet Information Assets Liabilities and Equity $ in thousands Q3'26 Q3'26 Cash & cash equivalents $ 2,809,582 Revolving credit facility $ 486,000 Restricted cash & cash equivalents 789,194 Personal loan warehouse facilities 1,092,886 Investment Securities 4,992,659 Student loan warehouse facilities 960,439 Risk retention warehouse facilities — Loans held for sale, at fair value Personal loan securitizations — Personal loans $ 32,140,509 Student loan securitizations 43,937 Home loans 1,812,294 Convertible Senior Notes, due 2026 428,022 Small business loans 11,990 Loans held for sale, at lower of cost or market Convertible Senior Notes, due 2029 862,500 Personal loans 50,198 Less: unamortized debt issuance costs and discounts (10,859) Loans held for investment, at fair value Total Debt $ 3,862,925 Student loans 18,518,655 Loans held for investment, at amortized cost Deposits $ 51,325,022 Secured loans 504,819 Residual interests classified as debt 474 Credit card loans 520,823 Accounts payable, accruals & other liabilities 1,167,208 Commercial and consumer banking loans 182,955 Operating lease liabilities 116,010 Total Loans $ 53,742,243 Total Liabilities $ 56,471,639 Servicing rights $ 364,617 Property, equipment and software 558,355 Goodwill 1,425,159 Intangible assets 208,093 Operating lease right-of-use assets 103,117 Other assets 2,773,757 Equity 11,295,137 Total Assets $ 67,766,776 Total Liabilities and Equity $ 67,766,776 Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding.
Page 42
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 42 Non-GAAP Financial Measures & Reconciliations FY 2024 FY 2025 FY 2026 (in 000’s) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Q3’26 Net Revenue (GAAP) $ 644,995 $ 598,618 $ 697,121 $ 734,125 $ 771,759 $ 854,944 $ 961,600 $ 1,025,051 $ 1,100,368 $ 1,218,676 $ 1,385,099 Servicing rights - changes in FMV(17) (5,226) (1,654) (4,362) 4,962 (1,074) 3,274 (11,989) (12,224) (13,163) (13,142) (13,952) Residual interests classified as debt - changes in FMV (18) 73 1 9 25 35 12 15 8 27 16 (23) Gain on Extinguishment of Corporate Debt (19) (59,194) — (3,323) — — — — — — — — Adjusted Net Revenue (Non-GAAP) (2) $ 580,648 $ 596,965 $ 689,445 $ 739,112 $ 770,720 $ 858,230 $ 949,626 $ 1,012,835 $ 1,087,232 $ 1,205,550 $ 1,371,124 Lending (Non-GAAP) (2) $ 325,323 $ 339,052 $ 391,892 $ 422,783 $ 412,334 $ 446,798 $ 481,408 $ 486,466 $ 629,284 $ 711,672 $ 807,370 Technology Platform (GAAP) 94,366 95,438 102,539 102,835 103,427 109,833 114,578 122,373 75,086 84,505 87,368 Financial Services (GAAP) 150,551 176,132 238,308 256,520 303,119 362,533 419,623 456,741 428,543 466,278 525,095 Corporate (Non-GAAP) (2) 10,408 (13,657) (43,294) (43,026) (48,160) (60,934) (65,983) (52,745) (45,681) (56,905) (48,709) Adjusted Net Revenue (Non-GAAP) (2) $ 580,648 $ 596,965 $ 689,445 $ 739,112 $ 770,720 $ 858,230 $ 949,626 $ 1,012,835 $ 1,087,232 $ 1,205,550 $ 1,371,124 Interest expense - corporate borrowings - add back (20) $ 10,711 $ 12,725 $ 12,871 $ 12,039 $ 11,428 $ 11,504 $ 11,595 $ 11,196 $ 10,651 $ 10,675 $ 10,800 Provision for credit losses (7,182) (11,640) (6,013) (6,877) (5,678) (10,035) (9,199) (5,407) (8,895) (13,755) (14,738) Non-interest expenses (439,792) (460,149) (510,066) (546,317) (566,133) (610,616) (675,141) (701,027) (749,087) (844,649) (897,368) Adjusted EBITDA (Non-GAAP) (7) $ 144,385 $ 137,901 $ 186,237 $ 197,957 $ 210,337 $ 249,083 $ 276,881 $ 317,597 $ 339,901 $ 357,821 $ 469,818 Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding.
Page 43
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 43 Non-GAAP Financial Measures & Reconciliations Full Year (in 000’s) 2022 2023 2024 2025 Net Revenue (GAAP) $ 1,573,535 $ 2,122,789 $ 2,674,859 $ 3,613,354 Servicing rights - changes in FMV(17) (39,651) (34,700) (6,280) (22,013) Residual interests classified as debt - changes in FMV (18) 6,608 425 108 70 Gain on Extinguishment of Corporate Debt (19) — (14,574) (62,517) — Adjusted Net Revenue (Non-GAAP) (2) $ 1,540,492 $ 2,073,940 $ 2,606,170 $ 3,591,411 Lending (Non-GAAP) (2) $ 1,106,948 $ 1,336,346 $ 1,479,050 $ 1,827,006 Technology Platform (GAAP) 315,133 352,340 395,178 450,211 Financial Services (GAAP) 167,676 436,515 821,511 1,542,016 Corporate (Non-GAAP) (2) (49,265) (51,261) (89,569) (227,822) Adjusted Net Revenue (Non-GAAP) (2) $ 1,540,492 $ 2,073,940 $ 2,606,170 $ 3,591,411 Interest expense - corporate borrowings - add back (20) $ 18,438 $ 36,833 $ 48,346 $ 45,723 Provision for credit losses (54,332) (54,945) (31,712) (30,319) Non-interest expenses (1,361,252) (1,624,091) (1,956,324) (2,552,917) Adjusted EBITDA (Non-GAAP) (7) $ 143,346 $ 431,737 $ 666,480 $ 1,053,898 Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding.
Page 44
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 44 Non-GAAP Financial Measures & Reconciliations FY 2024 FY 2025 FY 2026 (in 000’s) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Q3’26 Non-GAAP Reconciliations Net Revenue (GAAP) $ 644,995 $ 598,618 $ 697,121 $ 734,125 $ 771,759 $ 854,944 $ 961,600 $ 1,025,051 $ 1,100,368 $ 1,218,676 $ 1,385,099 Servicing rights - changes in FMV(17) (5,226) (1,654) (4,362) 4,962 (1,074) 3,274 (11,989) (12,224) (13,163) (13,142) (13,952) Residual interests classified as debt - changes in FMV (18) 73 1 9 25 35 12 15 8 27 16 (23) Gain on Extinguishment of Corporate Debt (19) (59,194) — (3,323) — — — — — — — — Adjusted Net Revenue (Non-GAAP) (2) $ 580,648 $ 596,965 $ 689,445 $ 739,112 $ 770,720 $ 858,230 $ 949,626 $ 1,012,835 $ 1,087,232 $ 1,205,550 $ 1,371,124 Net Income (Loss) (GAAP) $ 88,043 $ 17,404 $ 60,745 $ 332,473 $ 71,116 $ 97,263 $ 139,392 $ 173,549 $ 166,731 $ 156,592 $ 240,989 Non-GAAP Adjustments Interest expense - corporate borrowings (20) 10,711 12,725 12,871 12,039 11,428 11,504 11,595 11,196 10,651 10,675 10,800 Income tax expense (benefit) 6,183 (2,064) 3,110 (272,549) 8,666 14,929 9,159 11,783 32,821 47,717 76,843 Depreciation & amortization 48,539 49,623 51,791 53,545 55,283 56,743 59,245 62,880 67,578 73,106 81,251 Share-based expense 55,082 61,057 63,646 66,367 63,756 63,256 66,469 68,577 72,012 76,865 70,884 Impairment expense (21) — — — — — — — — — — — Transaction-related expense (22) — 615 — — — — — — 873 4,384 53 Restructuring charges (23) — — 1,275 255 851 36 41 20 1,960 682 2,654 Servicing rights - changes in FMV(17) (5,226) (1,654) (4,362) 4,962 (1,074) 3,274 (11,989) (12,224) (13,163) (13,142) (13,952) Residual interests classified as debt - changes in FMV (18) 73 1 9 25 35 12 15 8 27 16 (23) Gain on Extinguishment of Corporate Debt (19) (59,194) — (3,323) — — — — — — — — Foreign Currency Impact of Highly Inflationary Countries (24) 174 194 475 840 276 2,066 2,954 1,808 411 926 319 Adjusted EBITDA (Non-GAAP) (7) $ 144,385 $ 137,901 $ 186,237 $ 197,957 $ 210,337 $ 249,083 $ 276,881 $ 317,597 $ 339,901 $ 357,821 $ 469,818 Net Income (Loss) Margin (GAAP) 14 % 3 % 9 % 45 % 9 % 11 % 14 % 17 % 15 % 13 % 17 % Adjusted EBITDA Margin (Non-GAAP) (7) 25 % 23 % 27 % 27 % 27 % 29 % 29 % 31 % 31 % 30 % 34 % Incremental EBITDA Margin (Non-GAAP) (7) 57 % 56 % 56 % 12 % 35 % 43 % 35 % 44 % 41 % 31 % 46 % Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding.
Page 45
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 45 Non-GAAP Financial Measures & Reconciliations Full Year (in 000’s) 2022 2023 2024 2025 Non-GAAP Reconciliations Net Revenue (GAAP) $ 1,573,535 $ 2,122,789 $ 2,674,859 $ 3,613,354 Servicing rights - changes in FMV (17) (39,651) (34,700) (6,280) (22,013) Residual interests classified as debt - changes in FMV (18) 6,608 425 108 70 Gain on Extinguishment of Corporate Debt (19) — (14,574) (62,517) — Adjusted Net Revenue (Non-GAAP) (2) $ 1,540,492 $ 2,073,940 $ 2,606,170 $ 3,591,411 Net Income (Loss) (GAAP) $ (320,407) $ (300,742) $ 498,665 $ 481,320 Non-GAAP Adjustments Interest expense - corporate borrowings (20) 18,438 36,833 48,346 45,723 Income tax expense (benefit) 1,686 (416) (265,320) 44,537 Depreciation & amortization 151,360 201,416 203,498 234,151 Share-based expense 305,994 271,216 246,152 262,058 Impairment expense (21) — 248,417 — — Transaction-related expense (22) 19,318 142 615 — Restructuring charges (23) — 12,749 1,530 948 Servicing rights - changes in FMV (17) (39,651) (34,700) (6,280) (22,013) Residual interests classified as debt - changes in FMV (18) 6,608 425 108 70 Gain on Extinguishment of Corporate Debt (19) — (14,574) (62,517) — Foreign Currency Impact of Highly Inflationary Countries (24) — 10,971 1,683 7,104 Adjusted EBITDA (Non-GAAP) (7) $ 143,346 $ 431,737 $ 666,480 $ 1,053,898 Net Income (Loss) Margin (GAAP) (20) % (14) % 19 % 13 % Adjusted EBITDA Margin (Non-GAAP) (7) 9 % 21 % 26 % 29 % Incremental EBITDA Margin (Non-GAAP) (7) 21 % 54 % 44 % 39 % Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding.
Page 46
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 46 Non-GAAP Financial Measures & Reconciliations FY 2024 FY 2025 FY 2026 (in 000’s) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Q3’26 Non-GAAP Reconciliations Net Revenue - Lending (GAAP) $ 330,476 $ 340,705 $ 396,245 $ 417,796 $ 413,373 $ 443,512 $ 493,382 $ 498,682 $ 642,420 $ 724,798 $ 821,345 Servicing rights - changes in FMV(17) (5,226) (1,654) (4,362) 4,962 (1,074) 3,274 (11,989) (12,224) (13,163) (13,142) (13,952) Residual interests classified as debt - changes in FMV (18) 73 1 9 25 35 12 15 8 27 16 (23) Adjusted Net Revenue - Lending (Non-GAAP) (2) $ 325,323 $ 339,052 $ 391,892 $ 422,783 $ 412,334 $ 446,798 $ 481,408 $ 486,466 $ 629,284 $ 711,672 $ 807,370 Noninterest Income – Lending (GAAP) $ 63,940 $ 61,493 $ 79,977 $ 72,586 $ 52,752 $ 70,837 $ 65,409 $ 53,919 $ 142,189 $ 151,500 $ 151,115 Servicing rights - changes in FMV(17) (5,226) (1,654) (4,362) 4,962 (1,074) 3,274 (11,989) (12,224) (13,163) (13,142) (13,952) Residual interests classified as debt - changes in FMV (18) 73 1 9 25 35 12 15 8 27 16 (23) Adjusted Noninterest Income – Lending (Non-GAAP)(25) $ 58,787 $ 59,840 $ 75,624 $ 77,573 $ 51,713 $ 74,123 $ 53,435 $ 41,703 $ 129,053 $ 138,374 $ 137,140 Noninterest Income (GAAP) $ 242,277 $ 186,034 $ 266,111 $ 263,956 $ 273,033 $ 337,107 $ 376,486 $ 407,772 $ 407,380 $ 430,481 $ 455,647 Servicing rights - changes in FMV(17) (5,226) (1,654) (4,362) 4,962 (1,074) 3,274 (11,989) (12,224) (13,163) (13,142) (13,952) Residual interests classified as debt - changes in FMV (18) 73 1 9 25 35 12 15 8 27 16 (23) Gain on Extinguishment of Corporate Debt (19) (59,194) — (3,323) — — — — — — — — Adjusted Noninterest Income (Non-GAAP)(25) $ 177,930 $ 184,381 $ 258,435 $ 268,943 $ 271,994 $ 340,393 $ 364,512 $ 395,556 $ 394,244 $ 417,355 $ 441,672 Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding.
Page 47
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 47 Non-GAAP Financial Measures & Reconciliations FY 2024 FY 2025 FY 2026 (in 000’s) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Q3’26 Non-GAAP Reconciliations Net Income (Loss) (GAAP) $ 88,043 $ 17,404 $ 60,745 $ 332,473 $ 71,116 $ 97,263 $ 139,392 $ 173,549 $ 166,731 $ 156,592 $ 240,989 Income tax benefit from release of tax valuation allowance — — — (258,401) — — — — — — — Income tax benefit from restructuring — — — (13,042) — — — — — — — Restructuring charges — — — — — — — — — 682 2,654 Transaction-related expense — — — — — — — — — 4,384 53 Tax impact of adjustments — — — — — — — — — (1,252) (710) Adjusted net income (loss) (non-GAAP) (8) $ 88,043 $ 17,404 $ 60,745 $ 61,030 $ 71,116 $ 97,263 $ 139,392 $ 173,549 $ 166,731 $ 160,406 $ 242,986 Net Income (Loss) Margin (GAAP) 14 % 3 % 9 % 45 % 9 % 11 % 14 % 17 % 15 % 13 % 17 % Adjusted Net Revenue (Non-GAAP) (2) $ 580,648 $ 596,965 $ 689,445 $ 739,112 $ 770,720 $ 858,230 $ 949,626 $ 1,012,835 $ 1,087,232 $ 1,205,550 $ 1,371,124 Adjusted Net Income Margin (Non-GAAP) (26) 15 % 3 % 9 % 8 % 9 % 11 % 15 % 17 % 15 % 13 % 18 % Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding.
Page 48
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 48 Non-GAAP Financial Measures & Reconciliations Full Year (in 000’s) 2022 2023 2024 2025 Non-GAAP Reconciliations Net Income (Loss) (GAAP) $ (320,407) $ (300,742) $ 498,665 $ 481,320 Income tax benefit from release of tax valuation allowance — — (258,401) — Income tax benefit from restructuring — — (13,042) — Goodwill impairment expense — 247,174 — — Adjusted net income (loss) (non-GAAP) (8) $ (320,407) $ (53,568) $ 227,222 $ 481,320 Net Income (Loss) Margin (GAAP) (20) % (14) % 19 % 13 % Adjusted Net Revenue (Non-GAAP) (2) $ 1,540,492 $ 2,073,940 $ 2,606,170 $ 3,591,411 Adjusted Net Income Margin (Non-GAAP) (26) (21) % (3) % 9 % 13 % Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding.
Page 49
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 49 Non-GAAP Financial Measures & Reconciliations FY 2024 FY 2025 FY 2026 (in 000’s, except per share amounts) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Q3’26 Non-GAAP Reconciliations Numerator: Net income (loss) attributable to common stockholders — diluted (GAAP) $ 22,523 $ 7,954 $ 58,059 $ 332,473 $ 71,455 $ 97,614 $ 139,738 $ 173,893 $ 167,075 $ 156,645 $ 240,989 Non-GAAP adjustments: Income tax benefit from release of tax valuation allowance — — — (258,401) — — — — — — — Income tax benefit from restructuring — — — (13,042) — — — — — — — Restructuring charges — — — — — — — — — 682 2,654 Transaction-related expense — — — — — — — — — 4,384 53 Tax impact of adjustments — — — — — — — — — (1,252) (710) Adjusted net income (loss) attributable to common stockholders — diluted (non-GAAP) (3) $ 22,523 $ 7,954 $ 58,059 $ 61,030 $ 71,455 $ 97,614 $ 139,738 $ 173,893 $ 167,075 $ 160,459 $ 242,986 Denominator: W e i g h t e d a v e r a g e c o m m o n s t o c k o u t s t a n d i n g — d i l u t e d 1,042,477 1,065,171 1,104,450 1,151,047 1,185,466 1,182,877 1,291,011 1,346,110 1,378,011 1,351,990 1,357,811 Dilutive impact of convertible notes(27) — — — (24,857) (31,412) (25,857) (20,630) (20,402) (22,032) (27,412) (26,378) Adjusted weighted average common stock outstanding — diluted 1,042,477 1,065,171 1,104,450 1,126,190 1,154,054 1,157,020 1,270,381 1,325,707 1,355,979 1,324,578 1,331,432 E a r n i n g s ( l o s s ) p e r s h a r e — d i l u t e d ( G A A P ) $ 0.02 $ 0.01 $ 0.05 $ 0.29 $ 0.06 $ 0.08 $ 0.11 $ 0.13 $ 0.12 $ 0.12 $ 0.18 Impact of adjustments per share — — — (0.24) — — — — — — — A d j u s t e d e a r n i n g s ( l o s s ) p e r s h a r e — d i l u t e d ( n o n - GAAP) (3) $ 0.02 $ 0.01 $ 0.05 $ 0.05 $ 0.06 $ 0.08 $ 0.11 $ 0.13 $ 0.12 $ 0.12 $ 0.18 Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding.
Page 50
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 50 Non-GAAP Financial Measures & Reconciliations Full Year (in 000’s, except per share amounts) 2022 2023 2024 2025 Non-GAAP Reconciliations Numerator: Net income (loss) attributable to common stockholders — diluted (GAAP) $ (360,832) $ (341,167) $ 434,776 $ 482,700 Non-GAAP adjustments: Income tax benefit from release of tax valuation allowance — — (258,401) — Income tax benefit from restructuring — — (13,042) — Goodwill impairment expense — 247,174 — — Adjusted net income (loss) attributable to common stockholders — diluted (non-GAAP) (3) $ (360,832) $ (93,993) $ 163,333 $ 482,700 Denominator: W e i g h t e d a v e r a g e c o m m o n s t o c k o u t s t a n d i n g — d i l u t e d 900,886 945,024 1,101,390 1,251,767 Dilutive impact of convertible notes(27) — — (6,214) (23,377) Adjusted weighted average common stock outstanding — diluted 900,886 945,024 1,095,176 1,228,390 E a r n i n g s ( l o s s ) p e r s h a r e — d i l u t e d ( G A A P ) $ (0.40) $ (0.36) $ 0.39 $ 0.39 Impact of adjustments per share — 0.26 (0.24) — A d j u s t e d e a r n i n g s ( l o s s ) p e r s h a r e — d i l u t e d ( n o n - G A A P ) (3) $ (0.40) $ (0.10) $ 0.15 $ 0.39 Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding.
Page 51
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 51 Non-GAAP Financial Measures & Reconciliations Full Year FY 2025 FY 2026 (in 000’s, except per share amounts) 2022 2023 2024 2025 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Q3’26 Non-GAAP Reconciliations Numerator: Net income (loss) attributable to common stockholders — diluted (GAAP) $ (360,832) $ (341,167) $ 434,776 $ 482,700 $ 71,455 $ 97,614 $ 139,738 $ 173,893 $ 167,075 $ 156,645 $ 240,989 Non-GAAP adjustments: Income tax benefit from release of tax valuation allowance — — (258,401) — — — — — — — — Income tax benefit from restructuring — — (13,042) — — — — — — — — Goodwill impairment expense — 247,174 — — — — — — — — — Restructuring charges — — — — — — — — — 682 2,654 Transaction-related expense — — — — — — — — — 4,384 53 Tax impacts from adjustments — — — — — — — — — (1,252) (710) Adjusted net income (loss) attributable to common stockholders — diluted (non- GAAP) (11) $ (360,832) $ (93,993) $ 163,333 $ 482,700 $ 71,455 $ 97,614 $ 139,738 $ 173,893 $ 167,075 $ 160,459 $ 242,986 Denominator: Average permanent equity (GAAP) $ 5,024,073 $ 5,225,846 $ 5,871,366 $ 7,672,491 $ 6,613,905 $ 6,671,752 $ 8,150,876 $ 9,238,405 $ 10,443,188 $ 10,632,147 $ 11,293,982 Less: Goodwill (average) 1,457,763 1,559,183 1,393,505 1,393,505 1,393,505 1,393,505 1,393,505 1,393,505 1,393,505 1,395,673 1,418,505 Less: Intangibles (average) 425,955 406,927 331,132 264,012 288,825 271,397 255,724 239,873 225,933 208,843 215,350 Add: Related deferred tax liabilities (average) 123,075 72,132 32,551 49,822 38,886 45,711 53,833 49,822 46,232 44,785 43,518 Average tangible book value (non- GAAP) $ 3,263,430 $ 3,331,868 $ 4,179,280 $ 6,064,796 $ 4,970,461 $ 5,052,561 $ 6,555,480 $ 7,654,849 $ 8,869,982 $ 9,072,416 $ 9,703,645 Return on tangible common equity (non-GAAP) (11) (11.1) % (2.8) % 3.9 % 8.0 % 5.8 % 7.7 % 8.5 % 9.0 % 7.6 % 7.1 % 9.9 % Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding.
Page 52
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 52 Non-GAAP Financial Measures & Reconciliations FY 2024 FY 2025 FY 2026 (in 000’s, except per share data) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Q3’26 Non-GAAP Reconciliations Total permanent equity (GAAP) $ 5,825,605 $ 5,901,494 $ 6,121,481 $ 6,525,134 $ 6,678,514 $ 6,860,580 $ 8,779,963 $ 10,489,495 $ 10,811,591 $ 11,076,227 $ 11,295,137 Goodwill (1,393,505) (1,393,505) (1,393,505) (1,393,505) (1,393,505) (1,393,505) (1,393,505) (1,393,505) (1,393,505) (1,425,015) (1,425,159) Intangible assets (347,495) (331,446) (314,959) (297,794) (279,757) (263,522) (247,845) (231,919) (215,087) (226,528) (208,093) Related deferred tax liabilities 30,437 24,023 15,654 60,088 55,780 51,322 48,141 44,045 41,418 45,536 43,074 Tangible book value (as of period end) (non-GAAP) (10) $ 4,115,042 $ 4,200,566 $ 4,428,671 $ 4,893,923 $ 5,061,032 $ 5,254,875 $ 7,186,754 $ 8,908,116 $ 9,244,417 $ 9,470,220 $ 9,704,959 C o m m o n s t o c k o u t s t a n d i n g ( a s o f p e r i o d e n d ) 1,056,491 1,065,112 1,084,137 1,095,358 1,104,104 1,113,443 1,204,570 1,270,569 1,281,409 1,290,312 1,296,617 Book value per common share (GAAP) $ 5.51 $ 5.54 $ 5.65 $ 5.96 $ 6.05 $ 6.16 $ 7.29 $ 8.26 $ 8.44 $ 8.58 $ 8.71 Tangible book value per common share (non-GAAP) (10) $ 3.90 $ 3.94 $ 4.08 $ 4.47 $ 4.58 $ 4.72 $ 5.97 $ 7.01 $ 7.21 $ 7.34 $ 7.48 Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding.
Page 53
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 53 Non-GAAP Financial Measures & Reconciliations Full Year FY 2025 FY 2026 (in 000’s) 2021 2022 2023 2024 2025 Q3’25 Q3’26 Non-GAAP Reconciliations Total net revenue (GAAP) $ 984,872 $ 1,573,535 $ 2,122,789 $ 2,674,859 $ 3,613,354 $ 961,600 $ 1,385,099 Non-GAAP Adjustments: Net interest income 13,865 24,557 10,087 2,332 5,232 595 (2,679) Noninterest income Loan originations, sales, securitizations and servicing (370,582) (489,932) (254,736) 58,721 215,311 56,737 28,423 Loan platform fees (370) (3,711) (2,464) (20,582) (81,330) (24,071) (24,054) Technology products & solutions (4,640) 5,886 (4,365) 4,001 (352) 1,247 (250) Other 48 (146) (14,572) (62,518) 832 — (208) Total Noninterest income (375,544) (487,903) (276,137) (20,378) 134,461 33,913 3,911 Total adjustments (361,679) (463,346) (266,050) (18,046) 139,693 34,508 1,232 Cash revenue (non-GAAP)(9) $ 623,193 $ 1,110,189 $ 1,856,739 $ 2,656,813 $ 3,753,047 $ 996,108 $ 1,386,331 Note: See “Footnotes” section for detailed explanations and definitions. The sum of individual metrics may not always equal total amounts indicated due to rounding.
Page 54
Footnotes to Financial Statements
Page 55
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 55 Footnotes (1) We refer to our customers as “members”. We define a member as someone who has a lending relationship with us through origination and/or ongoing servicing, opened a financial services account, linked an external account to our platform, or signed up for our credit score monitoring service. Our members have continuous access to our certified financial planners, our member events, our content, educational material, news, and our tools and calculators, which are provided at no cost to the member. We view members as an indication not only of the size and a measurement of growth of our business, but also as a measure of the significant value of the data we have collected over time. Once someone becomes a member, they are always considered a member unless they are removed in accordance with our terms of service, in which case, we adjust our total number of members. This could occur for a variety of reasons—including fraud or pursuant to certain legal processes—and, as our terms of service evolve together with our business practices, product offerings and applicable regulations, our grounds for removing members from our total member count could change. The determination that a member should be removed in accordance with our terms of service is subject to an evaluation process, following the completion, and based on the results, of which, relevant members and their associated products are removed from our total member count in the period in which such evaluation process concludes. However, depending on the length of the evaluation process, that removal may not take place in the same period in which the member was added to our member count or the same period in which the circumstances leading to their removal occurred. For this reason, our total member count may not yet reflect adjustments that may be made once ongoing evaluation processes, if any, conclude. Beginning in the first quarter of 2024, we aligned our methodology for calculating member and product metrics with our member and product definitions to include co-borrowers, co-signers, and joint- and co-account holders, as applicable. Quarterly amounts for prior periods were determined to be immaterial and were not recast. (2) Adjusted net revenue is a non-GAAP measure. Adjusted net revenue is defined as total net revenue, adjusted to exclude the fair value changes in servicing rights and residual interests classified as debt due to valuation inputs and assumptions changes, which relate only to our Lending segment, as well as gains and losses on extinguishment of debt. (3) Adjusted diluted earnings (loss) per share (“adjusted EPS”) is a non-GAAP financial measure that adjusts GAAP diluted earnings (loss) per share. Adjusted EPS is computed by dividing net income (loss) attributable to common stockholders, adjusted to exclude, as applicable, transaction-related expenses, restructuring charges, goodwill impairment expense and certain income tax adjustments that are not expected to recur and are not indicative of our core operating performance, by the diluted weighted average number of shares of common stock outstanding during the period, excluding the dilutive impact of the 2026 and 2029 convertible notes under the if-converted method for which the 2026 and 2029 capped call transactions, respectively, would deliver shares to offset dilution. The exclusions of transaction-related expense and restructuring charges were effective beginning in the second quarter of 2026. The impact to prior periods was determined to be immaterial, and therefore prior periods were not recast. (4) Total products refers to the aggregate number of lending and financial services products that our members have selected on our platform since our inception through the reporting date, whether or not the members are still registered for such products. Total products is a primary indicator of the size and reach of our Lending and Financial Services segments. Management relies on total products metrics to understand the effectiveness of our member acquisition efforts and to gauge the propensity for members to use more than one product. In our Lending segment, total products refers to the number of personal loans, student loans and home loans that have been originated through our platform through the reporting date, inclusive of loans which we originate as part of our Loan Platform Business, whether or not such loans have been paid off. If a member has multiple loan products of the same loan product type, such as two personal loans, that is counted as a single product. However, if a member has multiple loan products across loan product types, such as one personal loan and one home loan, that is counted as two products. The account of a co-borrower or co-signer is not considered a separate lending product. In our Financial Services segment, total products refers to the number of SoFi Money accounts (inclusive of checking and savings accounts held at SoFi Bank and cash management accounts), SoFi Invest accounts, SoFi Credit Card accounts (including accounts with a zero dollar balance at the reporting date), referred loans (which are originated by a third-party partner to which we provide pre-qualified borrower referrals), SoFi At Work accounts, SoFi Relay accounts (with either credit score monitoring enabled or external linked accounts), and SoFi Crypto accounts that have been opened through our platform through the reporting date. Checking and savings accounts are considered one account within our total products metric. Our SoFi Invest service is composed of six products: IRA self-directed accounts, taxable self-directed accounts, IRA robo-advisory accounts, taxable robo-advisory accounts, taxable systematic accounts, and IRA systematic accounts. Our members can select any one or combination of the SoFi Invest products. If a member has multiple SoFi Invest accounts of the same products, such as one IRA self- directed account and one IRA robo-advisory account (or one tax-advantaged brokerage account and one taxable brokerage account), those are considered separate products. The account of a joint- or co-account holder is considered a separate financial services product. In the event a member is removed in accordance with our terms of service, as discussed in footnote 1 herein, the member’s associated products are also removed. Beginning in the first quarter of 2026, we updated our SoFi Invest product metric to reflect four products and beginning in the third quarter of 2026, we further updated our SoFi Invest product metric to include two new products to reflect our acquisition of Composer. Prior to this, our SoFi Invest service was composed of two products, self-directed accounts and robo-advisory accounts. Self-directed accounts were previously referred to as active investing accounts. The impact to prior periods was determined to be immaterial, and prior periods were not recast. In the fourth quarter of 2023, we transferred the crypto services provided by SoFi Digital Assets, LLC, and began closing existing digital assets accounts, which were included in Invest products. This process was completed in the first quarter of 2024. (5) Lending adjusted revenue per product is a non-GAAP measure. Lending adjusted revenue per product is defined as adjusted net revenue — Lending, divided by total Lending products. See ‘Adjusted Net Revenue’ above for a reconciliation of Lending segment adjusted net revenue. Management believes this measure is useful because it enables management and investors to assess how much revenue we generate per product and how much we monetize member relationships.
Page 56
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 56 Footnotes (6) Beginning in the first quarter of 2024, new member and new product addition metrics for the relevant period reflect actual growth or declines in members and products that occurred in that period whereas the total number of members and products reflects not only the growth or decline of each metric in the current period but also additions or deletions due to prior period factors, if any, described in footnotes 1 and 2 herein. (7) Adjusted EBITDA, adjusted EBITDA margin, and incremental adjusted EBITDA margin are non-GAAP measures. Adjusted EBITDA is defined as net income (loss), adjusted to exclude, as applicable: (i) corporate borrowing- based interest expense (our adjusted EBITDA measure is not adjusted for warehouse or securitization-based interest expense, nor deposit interest expense and finance lease liability interest expense, as these are direct operating expenses), (ii) income tax expense (benefit), (iii) depreciation and amortization associated with property, equipment and software and intangible assets, (iv) share-based expense (inclusive of equity-based payments to non-employees), (v) restructuring charges, (vi) impairment expense (inclusive of goodwill impairment and property, equipment and software abandonments), (vii) transaction-related expenses, (viii) foreign currency impacts related to operations in highly inflationary countries, (ix) fair value changes in each of servicing rights and residual interests classified as debt due to valuation assumptions, (x) gain on extinguishment of debt, (xi) certain legal matters, and (xii) other charges, as appropriate, that are not expected to recur and are not indicative of our core operating performance. Adjusted EBITDA margin is computed as adjusted EBITDA divided by adjusted net revenue, a non-GAAP measure (see footnote 2 herein). Incremental adjusted EBITDA margin is defined as the change in adjusted EBITDA, divided by change in adjusted net revenue. (8) Adjusted net income (loss) is a non-GAAP measure. Adjusted net income (loss) is defined as net income (loss), adjusted to exclude, as applicable, transaction-related expenses, restructuring charges, goodwill impairment expense, certain legal matters and certain income tax adjustments that are not expected to recur and are not indicative of our core operating performance. The exclusions of transaction-related expense and restructuring charges were effective beginning in the second quarter of 2026. The impact to prior periods was determined to be immaterial, and therefore prior periods were not recast. (9) Cash revenue is a non-GAAP measure. Cash revenue is defined as total net revenue, adjusted to exclude the following non-cash revenue: (i) certain net interest income (primarily deferred and long-term accrued interest); (ii) certain Loan originations, sales, securitizations and servicing revenue (primarily fair value adjustments and gross write-offs, as well as the portion of origination fees earned but not paid in period and hedge results); (iii) Loan platform fees (capitalized servicing asset); (iv) Technology and product & solutions revenue (primarily deferred revenue); and (v) Other (items such as gain on extinguishment of debt). (10) Tangible book value is defined as permanent equity, adjusted to exclude goodwill and intangible assets, net of related deferred tax liabilities. Tangible book value per common share represents tangible book value at period-end divided by common stock outstanding at period-end. (11) Return on tangible common equity ("ROTCE") is calculated as adjusted net income (loss) attributable to common stockholders — diluted, adjusted to exclude, as applicable, transaction-related expense, restructuring charges, goodwill impairment expense, certain legal matters and certain income tax benefits that are not expected to recur and are not indicative of our core operating performance, divided by average tangible book value, a non-GAAP measure (see footnote 10 herein), for the corresponding period. Average balances were calculated on daily carrying balances. (12) In our Technology Platform segment, total accounts refers to the number of open accounts at Galileo as of the reporting date. Total accounts is a primary indicator of the accounts dependent upon our technology platform to use virtual card products, virtual wallets, make peer-to-peer and bank-to-bank transfers, receive early paychecks, separate savings from spending balances, make debit transactions and rely upon real-time authorizations, all of which result in revenues for the Technology Platform segment. We do not measure total accounts for other products and solutions for which the revenue model is not primarily dependent upon being a fully integrated, stand-ready service. (13) Estimated. (14) Required minimums presented for risk-based capital ratios include the required capital conservation buffer. (15) In our determination of the contribution profit (loss) for our Lending, Technology Platform and Financial Services segments, we allocate certain expenses that are directly attributable to the corresponding segment. Directly attributable expenses primarily include compensation and benefits and sales and marketing, and vary based on the amount of activity within each segment. Directly attributable expenses also include loan origination and servicing expenses, professional services, product fulfillment, lead generation and occupancy-related costs. Expenses are attributed to the reportable segments using either direct costs of the segment or labor costs that can be attributed based upon the allocation of employee time for individual products. (16) The measure of contribution profit (loss) is the primary measure of segment profit and loss reviewed by SoFi in accordance with GAAP and is, therefore, only measured and presented herein for total reportable segments. SoFi does not evaluate contribution profit (loss) at the consolidated level. Contribution profit (loss) is defined as total net revenue for each reportable segment less fair value changes in servicing rights and residual interests classified as debt that are attributable to assumption changes, which impact the contribution profit within the Lending segment, provision for credit losses, and expenses directly attributable to the corresponding reportable segment.
Page 57
© 2026 Social Finance, Inc. Advisory services offered through SoFi Wealth LLC. SoFi Money® is offered through SoFi Securities LLC. SoFi Lending Corp., CFL #6054612. NMLS # 1121636. 57 Footnotes (17) Reflects changes in fair value inputs and assumptions on servicing rights, including conditional prepayment, default rates and discount rates. These assumptions are highly sensitive to market interest rate changes and are not indicative of our performance or results of operations. Moreover, these non-cash charges are unrealized during the period and, therefore, have no impact on our cash flows from operations. (18) Reflects changes in fair value inputs and assumptions on residual interests classified as debt, including conditional prepayment, default rates and discount rates. When third parties finance our consolidated securitization variable interest entities by purchasing residual interests, we receive proceeds at the time of the closing of the securitization and, thereafter, pass along contractual cash flows to the residual interest owner. These residual debt obligations are measured at fair value on a recurring basis, but they have no impact on our initial financing proceeds, our future obligations to the residual interest owner (because future residual interest claims are limited to contractual securitization collateral cash flows), or the general operations of our business. (19) Reflects gain on extinguishment of debt. Gains and losses are recognized during the period of extinguishment for the difference between the net carrying amount of debt extinguished and the fair value of equity securities issued. (20) Our adjusted EBITDA measure adjusts for corporate borrowing-based interest expense, as these expenses are a function of our capital structure. Corporate borrowing-based interest expense includes interest on our revolving credit facility, as well as interest expense and the amortization of debt discount and debt issuance costs on our convertible notes , and for 2021, interest on the seller note issued in connection with our acquisition of Galileo. (21) Impairment expense includes $247,174 related to goodwill impairment in the third quarter of 2023, and $1,243 related to a sublease arrangement in the first quarter of 2023, which are not indicative of our core operating performance. (22) Transaction-related expenses in 2026 primarily included financial advisory and professional services costs associated with our acquisitions of Composer and Peach . Transaction-related expenses in 2024 and 2023 primarily included financial advisory and professional services costs associated with our acquisition of Wyndham. Transaction-related expenses in 2022 primarily included financial advisory and professional services costs associated with our acquisition of Technisys. (23) Restructuring charges in 2026 included employee-related wages, benefits and severance associated with a small reduction in headcount in our Technology Platform segment, which do not reflect expected future operating expenses and are not indicative of our core operating performance. Restructuring charges in 2025 and 2024 relate to legal entity restructuring. Restructuring charges in 2023 primarily included employee-related wages, benefits and severance associated with a small reduction in headcount in our Technology Platform segment in the first quarter of 2023 and expenses in the fourth quarter of 2023 related to a reduction in headcount across the Company, which do not reflect expected future operating expenses and are not indicative of our core operating performance. (24) Foreign currency charges reflect the impacts of highly inflationary accounting for our operations in Argentina, which are related to our Technology Platform segment and commenced in the first quarter of 2022 with the Technisys Merger. For the year ended December 31, 2023, all amounts were reflected in the fourth quarter, as inter-quarter amounts were determined to be immaterial. (25) Adjusted noninterest income is a non-GAAP measure. Adjusted noninterest income is defined as noninterest income, adjusted to exclude the fair value changes in servicing rights and residual interests classified as debt due to valuation inputs and assumptions changes, which relate only to our Lending segment, as well as gains and losses on extinguishment of debt. (26) Adjusted net income margin and incremental adjusted net income margin are non-GAAP measures. Adjusted net income margin is defined as adjusted net income (loss), a non-GAAP measure (see footnote 7 herein), divided by adjusted net revenue, a non-GAAP measure (see footnote 2 herein). Incremental adjusted net income margin is defined as the change in adjusted net income (loss), divided by change in adjusted net revenue. (27) This non-GAAP adjustment excludes the dilutive impact of the 2026 and 2029 convertible notes, to the extent that the 2026 and 2029 capped call transactions, respectively, would deliver cash or shares to offset dilution.