SoFi Technologies Reports Q3 Earnings Beat and Raises FY26 Outlook
SoFi Technologies (SOFI) reported third-quarter financial results that exceeded analyst expectations for both top-line revenue and bottom-line earnings. The company achieved a non-GAAP EPS of $0.18, surpassing estimates by $0.01, while revenue surged 44% year-over-year to reach $1.4 billion, beating projections by $140 million. The fintech firm demonstrated strong operational momentum with adjusted EBITDA rising 70% to a record $470 million. Additionally, SoFi's member base grew by 35% to a record 17.1 million members. Following these robust results, the company has raised its financial outlook for fiscal year 2026.
Tickers: $SOFI