SoFi Technologies, Inc.: Beat — EPS $0.18, Revenue $1.39B
Earnings BeatQ3 2026 · Pre-market
Did SoFi Technologies, Inc. (SOFI) beat earnings today?
Yes, SoFi Technologies, Inc. (SOFI) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+5.88% surprise
$0.18Actual
Expected: $0.17
vs. year ago +64.0%
Total Revenue+9.93% surprise
$1.39BActual
Expected: $1.26B
vs. year ago +44.0%
Released Oct 27 · 7:00 AM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $1.39B | $961.60M | +44.0% |
| Revenue detail — reported lines | |||
| └─Financial Services | $525.10M | $419.62M | +25.0% |
| └─Technology Platform | $87.37M | $114.58M | -24.0% |
| └─Lending | $821.35M | $493.38M | +66.0% |
| GAAP Basic EPS | $0.19 | $0.12 | - |
| GAAP Diluted EPS | $0.18 | $0.11 | +64.0% |
| Adjusted Diluted EPS | $0.18 | $0.11 | +64.0% |
| Net income | $240.99M | $139.39M | +73.0% |
Financial Outlook / Guidance
| Metric | Next Quarter Outlook | FY2026 & FY2027 Outlook |
|---|---|---|
| Adjusted net revenue | — | $5.04B (FY2026); ~$6.4B (FY2027) |
| Adjusted EBITDA | — | $1.66B (FY2026); ~$2.24B (FY2027) |
| Adjusted net income | — | ~$840M (FY2026); ~$1.28B (FY2027) |
| Adjusted EPS | — | ~$0.61 (FY2026); ~$0.90 (FY2027) |
| Total members | — | at least +30% YoY (FY2026) |
Business Highlights
- ➤Added a record 1.2 million members during the quarter.
- ➤Added a record 2.2 million products during the quarter.
- ➤51% of new products were opened by existing members.
- ➤Relaunched SoFi Plus with enhanced benefits and a paid subscription model.
- ➤Expanded SoFi Invest metrics following the Composer acquisition.
- ➤Launched SoFi Crypto in the fourth quarter of 2025.
- ➤Completed a $460 million co-contributor Loan Platform Business securitization.
- ➤Executed the eighth SCLP securitization of new Loan Platform Business collateral since 2021.
- ➤Set a 2030 ambition of 100 million products.
- ➤Targets scaling five businesses above $1 billion in revenue by 2030.
- ➤Technology Platform client transition was completed before December 31, 2025.
- ➤Banks, fintechs and brands use SoFi Tech Solutions for over 140 million global accounts.
Management Commentary
Anthony Noto, CEO
“We had exceptional Q3 results against the backdrop of any environment, but they are even more remarkable given how 2026 has unfolded. Our focus is simple. We are adding more members, who are using more products, and generating more revenue per product to create the most value for our shareholders over the long run. In less than a decade, we have transformed SoFi from a single-product company into an everything financial app with eight different businesses each generating over $100 million in annualized revenue. Our conviction in the opportunity ahead has never been greater.”