SoFi Technologies Inc. (NASDAQ: SOFI) shares soared 5.08% in pre-market trading on Tuesday after the fintech company reported better-than-expected first-quarter results and raised its full-year guidance for 2025.

The company posted earnings of $0.06 per share for Q1, doubling analyst expectations of $0.03 per share. Adjusted net revenue came in at $770.72 million, significantly beating the consensus estimate of $739 million and representing a 33% year-over-year increase. This marked SoFi's highest revenue growth rate in five quarters.

CEO Anthony Noto cited "durable growth and strong returns" in the quarter, driven by the company's focus on product innovation and brand building. Notable highlights include:

• Record fee-based revenue of $315 million, up 67% year-over-year
• Financial Services segment revenue more than doubled to $303 million
• Total loan originations reached $7.2 billion, with personal loan originations up 69%
• Added a record 800,000 new members, bringing the total to 10.9 million

Following the strong Q1 performance, SoFi raised its full-year 2025 guidance. The company now expects adjusted net revenue of $3.235 billion to $3.310 billion, up from the previous range of $3.200 billion to $3.275 billion. Adjusted EBITDA guidance was increased to $875-$895 million, while GAAP EPS is now projected at $0.27 to $0.28 per share.

The positive results and optimistic outlook have fueled investor enthusiasm, driving the stock's pre-market rally. SoFi's ability to deliver strong growth across its diverse business segments, coupled with improved profitability, appears to be resonating well with the market.