SoFi Posts Modest Crypto Revenue Despite Large Product Count

SoFi Technologies has reported $1.183 million in net crypto transaction revenue for Q2, despite listing 388,336 cumulative crypto products on its platform as of June 30.

The company's filing shows a gross revenue line of $134.267 million from crypto transactions, but also $133.084 million in transaction costs, leaving only $0.183 million in net revenue as a profit margin.

This is the second quarter since SoFi launched consumer crypto trading on November 11, 2025, and it shows an increase of about 38.8% from Q1's net revenue of $852,000.