SoFi Technologies, Inc. (SOFI) Q1 2025 Earnings Call Transcript


SoFi Technologies, Inc. (NASDAQ:SOFI) Q1 2025 – Earnings Conference Call April 29, 2025 8:00 AM ET

Company Participants

Anthony Noto – CEO
Chris Lapointe – CFO

Conference Call Participants

Andrew Jeffrey – William Blair
Kyle Peterson – Needham and Co.
Dan Dolev – Mizuho
Jeff Adelson – Morgan Stanley
Reggie Smith – JPMorgan
Terry Ma – Barclays

Operator

Good morning. My name is Adam, and I will be your conference operator today. At this time, I would like to welcome everyone to the SoFi Technologies Q1 2025 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question and answer session. [Operator Instructions].

Thank you. And with that, you may begin your conference.

Unidentified Company Representative

Thank you, and good morning. Welcome to SoFi’s first quarter 2025 earnings conference call. Joining me today to talk about our results and recent events are Anthony Noto, CEO and Chris Lapointe, CFO.

You can find the presentation accompanying our earnings release on the Investor Relations section of our website. Unless otherwise stated, we’ll be referring to adjusted results for the first quarter of 2025 versus the first quarter of 2024. Our remarks today will include forward-looking statements that are based on our current expectations and forecasts and involve risks and uncertainties. These statements include, but are not limited to, our competitive advantage and strategy, macroeconomic conditions and outlook, future products and services and future business and financial performance. Our GAAP consolidated income statement and all reconciliations can be found in today’s earnings release and the subsequent 10-Q filing, which will be made available next month.

Our actual results may differ materially from those contemplated by these forward-looking statements. Factors that could cause these results to differ materially are described in today’s



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