SoFi Technologies Reports Strong Q3 2026 Results with Increased Revenue Guidance
SoFi Technologies (SOFI) reported robust third-quarter 2026 financial results, characterized by a 44% year-over-year revenue increase to $1.37 billion and an earnings per share (EPS) rise of 63.6% to $0.18. These figures exceeded market estimates, driven largely by the company's successful cross-selling strategy which has increased products per member to 1.56. The company's diversification is evident as eight distinct business lines now each generate over $100 million in annual revenue, with most seeing year-over-year growth exceeding 30%. Based on this momentum, SoFi raised its 2026 revenue guidance to $5 billion and provided optimistic projections for 2027, targeting $6.4 billion in revenue.
Tickers: $SOFI
Topics: Cross-selling Strategy EPS Beat Financial Guidance Revenue Growth