SoFi's Record Q2 Revenue Isn't Enough — Shares Drop 6% on Flat EPS Outlook

SoFi posted record Q2 2026 revenue of $1.2 billion, up 40% YoY, and $157 million in net income. Yet shares fell 5.86% to $15.76 pre-market on July 29. Why? Management reaffirmed, rather than raised, its 60-cent full-year EPS forecast. Investors expected a profit upgrade after the earnings beat; they didn't get one.