The Economic Times

Why did SoFi Technologies (NASDAQ:SOFI) stock crash 9% after $1.1B earnings beatheres why the stock is falling despite strong Q1 results

Why did SoFi Technologies (NASDAQ:SOFI) stock crash 9%? The sharp fall in SoFi Technologies stock shocked investors. SoFi Technologies (NASDAQ:SOFI) stock crashed 9% even after posting a strong $1.1 billion revenue beat in Q1 2026. Growth looked powerful on the surface. Revenue jumped 43%. Net income surged 134%. Members reached 14.7 million. Yet markets focused elsewhere. The real trigger was weak forward guidance. Full-year revenue outlook missed expectations. Q2 growth hinted at slowdown near 30%.