SoFi Edges Robinhood on Q2 Growth, Stock Dips on Guidance

SoFi posted stronger Q2 growth than Robinhood, with revenue of $1.21B (up 43%), 15.8M members and SoFi Plus surpassing 200k subscribers, while Robinhood reported $1.31B in revenue (up 32%) and 28.4M funded customers. SoFi edged ahead on growth metrics, but both stocks slid after the report as SoFi kept EBITDA guidance flat and Robinhood faced crypto headwinds; year-to-date, SoFi is down ~42% and Robinhood down ~20%, though retail sentiment leaned bullish for both.