SoFi Technologies Reports Record Q3 2026 Results and Raises Full-Year Guidance
SoFi Technologies, Inc. (SOFI) delivered a strong third quarter for 2026, characterized by record adjusted net revenue of $1.4 billion, representing a 44% year-over-year increase. Growth was primarily fueled by the Lending and Financial Services segments, with personal loan originations surging 69% to $12.6 billion. The company also saw significant expansion in its user base, reaching 17.1 million total members. Reflecting this momentum, management raised its full-year 2026 revenue guidance and introduced a preliminary 2027 outlook targeting $6.4 billion in revenue and $0.90 in adjusted EPS. While Technology Platform revenue saw a decline due to a specific client transition, the company's shift toward capital-light, fee-based revenue models remains robust, with total deposits growing to $51.3 billion.
Tickers: $SOFI
Topics: earnings report EPS beat guidance raise lending performance revenue growth