A feeding trial was conducted to determine the effects of soy lecithin supplementation on production performance of juvenile channel catfish, Ictalurus punctatus (mean ± SE; 5.8 ± 0 g). The basal diet consisted of a practical dietary formulation for channel catfish, containing 4.3% endogenous phospholipids (PL) from dietary ingredients, to which supplemental PL from soybean lecithin were added. The study diets were 1 control and 2 experimental diets to which 0, 2, or 4% supplemental lecithin was added, respectively. Soy lecithin inclusion did not affect survival, growth, feed consumption, whole‐body total lipid, innate immune response, plasma cholesterol or triglyceride concentrations, or hepatosomatic index. Feed conversion (gain/intake) improved in fish fed 4% supplemental lecithin compared with 0% lecithin. Whole‐body crude protein was greater in fish fed 2% supplemental lecithin compared with 0% lecithin, while 4% supplemental lecithin was intermediate. Phosphatidylcholine (PC) content was greater in fish fed 2 or 4% lecithin than 0% lecithin. Plasma concentrations of PC were inversely proportional to dietary concentrations. Liver glycogen was greater in fish fed 0% lecithin compared with 2 or 4% lecithin. Liver lipid and phospholipid were lower in fish fed 0% lecithin than 2 or 4% lecithin. The dietary phospholipid requirement, if any, of juvenile channel catfish for growth and survival is less than or equal to 4.3% (1.5% PC) of the diet. Feed conversion is improved in channel catfish fed diets supplemented with 4% soy lecithin (7.2% phospholipid; 5.1% PC), which might offset additional costs due to phospholipid supplementation. Dietary soy lecithin inclusion altered plasma and liver lipid composition, but it is unknown whether these effects can alter the ability of juvenile catfish to survive and grow under various conditions.