Quick ReadSOFI fell 37% YTD while Q1 2026 net income jumped 134% YoY, leaving the stock at a rare PEG ratio of 0.81. SoFi's 14.8% profit margin and 18.3% operating margin crush LC and UPST, which hold no bank charter or deposit base. SoFi Technologies (NASDAQ:SOFI) enters its July 29 Q2 earnings report with a sharp disconnect between its stock and its business. Sofi Stock Is Falling While Profits Climb 135%Q1 2026 delivered record loan originations of $12.18 billion, up 68% YoY, GAAP net income of $166.73 million, up 134.45% YoY, and operating income up 150.12%. A 28x P/E Looks Cheap Against 38% to 42% EPS GrowthSoFi trades at a forward P/E of 28 with a PEG ratio of 0.81.