SoFi Technologies Q3 adjusted revenue beats on member and product growth
SOFI•SoFi Technologies’ third-quarter adjusted revenue rose 44% to $1.37 billion, beating the $1.25 billion consensus, while adjusted EPS of $0.18 topped estimates of $0.16. The company raised its 2026 outlook and introduced 2027 targets of $6.4 billion in adjusted revenue, $2.24 billion in adjusted EBITDA and $0.90 EPS.
1. Quarterly results
SoFi Technologies reported third-quarter adjusted revenue of $1.37 billion, up 44% and above analyst expectations of $1.25 billion. Adjusted EPS was $0.18, beating the $0.16 consensus. Net income was $240.99 million.
2. Growth drivers
The company said record additions of members and products drove revenue and profitability. Record loan originations, especially in personal and student loans, and growth in fee-based revenue from origination fees, interchange and brokerage fees also supported results.
3. Raised outlook
SoFi raised its 2026 outlook to $5.04 billion in adjusted net revenue and $1.66 billion in adjusted EBITDA. It introduced 2027 targets of $6.4 billion in adjusted net revenue, $2.24 billion in adjusted EBITDA and $0.90 EPS, and expects total members to increase by at least 30% year over year in 2026.
