SoFi third-quarter net profit 241000000 USD, raised 2026 annual revenue guidance

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BlockBeats reported that October 27, according to SoFi Technologies（NASDAQ: SOFI) released 2026 third-quarter financial results, the company’s GAAP net revenue reached 1385000000 USD, up 44%; net profit 241000000 USD, up 73%; diluted earnings per share 0.18 USD. Adjusted EBITDA was 470000000 USD, up 70%, with a margin of 34%.

Membership increased to 17100000, up 35%, with quarterly additions of 1200000; the number of products reached 26700000, up 44%. Quarterly loan originations reached 16900000000 USD, up 71%, of which personal loans accounted for 12600000000 USD, student loans 2900000000 USD, and home loans 1400000000 USD. Total deposits at quarter-end were 51300000000 USD, an increase of 5800000000 USD from the previous quarter.

The company will raise its adjusted net revenue guidance for 2026 to approximately 5040000000 USD, and adjusted EBITDA guidance to approximately 1660000000 USD, with adjusted net profit of approximately 840000000 USD and adjusted earnings per share of approximately 0.61 USD. The company also issued its initial outlook for 2027: adjusted net revenue of approximately 6400000000 USD, adjusted EBITDA of approximately 2240000000 USD, adjusted net profit of approximately 1280000000 USD and adjusted earnings per share of approximately 0.90 USD.

Original link https://m.theblockbeats.info/flash/373978

Key points

SoFi third quarter GAAP net revenue 1385000000 USD, up year on year 44%。
third-quarter net profit 241000000 USD, up year on year 73%; diluted earnings per share 0.18 USD。
membership increased to 17100000 the number of products reached 26700000; quarterly loan originations 16900000000 USD。
The company will 2026 raise its adjusted net revenue guidance for the year to approximately 5040000000 USD, and issue for the first time its 2027 outlook for the year.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

SoFi is a company that provides financial products. The disclosure shows that its third-quarter revenue, net income, membership, number of products, and loan originations all increased. The company also raised its 2026 performance guidance and announced its projected figures for 2027.

Why it matters to readers

Revenue and profit growth, together with the company's raised forward guidance, may affect the market's assessment of SoFi subsequent earnings growth. The evidence also shows that loan originations and deposits are increasing.

When reviewing this type of earnings report, first focus on whether revenue and profit are growing, then examine operating metrics such as users, loans, and deposits, as well as the company's forward guidance.

Risks and unknowns

The current evidence was relayed by BlockBeats and does not directly provide SoFi the link to the original announcement or earnings report.
The evidence provided no data on loan quality, funding costs, or credit losses.
2027 The annual outlook consists of the Company's estimates, and actual results may differ from the outlook.

SoFi third-quarter net profit 241000000 USD, raised 2026 annual revenue guidance

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