SoFi posts record Q3, raises 2026 guidance and targets 90 cents EPS in 2027

SoFi Technologies posted record third-quarter revenue and profit, raised its full-year 2026 guidance and gave a first look at 2027, calling for about $6.4 billion of adjusted net revenue and 90 cents of earnings per share next year.

GAAP net revenue rose 44% to $1.385 billion, and net income climbed 73% to $241.0 million, or 18 cents per diluted share versus 11 cents a year earlier, according to the earnings release attached to its 8-K on Tuesday. Adjusted net revenue rose 44% to a record $1.371 billion, and adjusted EBITDA jumped 70% to a record $469.8 million.

"We are adding more members, who are using more products, and generating more revenue per product," CEO Anthony Noto said. He said SoFi now has eight businesses each generating more than $100 million in annualized revenue.

Members and products

Membership rose 35% to a record 17.1 million, and the number of products grew 44% to 26.7 million, the company said.

Guidance

SoFi now expects 2026 adjusted net revenue of $5.04 billion, up 40% from last year, along with adjusted EBITDA of $1.66 billion, net income of $840.0 million and EPS of 61 cents.

For 2027, the company introduced guidance of about $6.4 billion of adjusted net revenue, $2.24 billion of adjusted EBITDA, $1.28 billion of net income and 90 cents of EPS. That implies roughly 27% revenue growth and a net income margin of about 20%, SoFi said.

For the first nine months of 2026, net income rose 83% to $564.3 million.

By the numbers

• Q3 net revenue: $1.385 billion, up 44%
• Net income: $241.0 million, up 73%
• Diluted EPS: $0.18 vs. $0.11
• Members: 17.1 million, up 35%
• 2027 EPS outlook: $0.90

Sources

1. SoFi Technologies, Inc., Form 8-K with third quarter 2026 earnings release, filed Oct. 27, 2026 (accession 0001818874-26-000065)

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