SoFi Shares Decline, Overshadows Strong Revenue Beat.SoFi Technologies IncBATS:SOFIKalaGhaziSoFi shares fall as cautious guidance overshadows revenue beat. SoFi Technologies (NASDAQ:SOFI) shares fell more than 13% after the company issued underwhelming guidance despite a first quarter revenue beat. The fintech company reported first-quarter 2026 revenue of $1.1 billion, above analyst expectations of $1.05 billion and up 43% year-over-year. Earnings per share came in at $0.12, in line with estimates, marking SoFi’s tenth consecutive quarter of GAAP profitability. Net income for the quarter was $166.7 million.Adjusted EBITDA rose 62% year over year to a record $339.9 million, with margins of 31%, supported by growth in lending, financial services, and improved funding efficiency. Net interest income increased 39% to $693 million, driven by higher average interest-earning assets and a lower cost of funds. The company also highlighted a reduction in funding costs, noting that deposit growth continued to improve its balance sheet mix. On a segment basis, total fee-based revenue rose 23% to $386.8 million, supported by contributions from the loan platform business, interchange fees, brokerage fees, and referral revenue. Combined revenue from the Financial Services and Technology Platform segments increased 24% year over year to $503.6 million. SoFi also reported continued expansion in its user base, with members increasing 35% year over year to 14.7 million and total products rising 39% to 22.2 million. Loan originations reached a record $12.2 billion during the quarter.“We had an excellent Q1 delivering another quarter of durable growth and strong returns, fueled by our relentless focus on innovation and brand building. Members grew 35% and products increased 39%, with 43% of new products coming from existing members, as more people choose SoFi as their trusted partner for major financial decisions and all the days in between,” SoFi CEO Anthony Noto said in a statement. Despite these record operational metrics, investor sentiment weakened following the company’s outlook. Management projected second-quarter 2026 adjusted net revenue growth of approximately 30% and an adjusted EBITDA margin near 30%, alongside an adjusted net income margin of 12% to 13%. For the full year, SoFi maintained guidance for roughly 30% revenue growth, targeting $4.655 billion in adjusted net revenue, $1.6 billion in adjusted EBITDA, and about $825 million in adjusted net income, or approximately $0.60 per share in adjusted EPS. reparaphase this and make it longer