SoFi Technologies (SOFI) Q3 2026 Earnings
How Did SOFI Stock React to Q3 2026 Earnings?
Did SOFI Beat Earnings? Q3 2026 Results
Yes. SoFi Technologies reported Q3 2026 earnings of $0.18 a share on Oct 27, 2026, beating the $0.17 consensus estimate by 7.0%. Revenue was $1.4B against a $1.3B estimate.
SoFi Technologies delivered a standout third quarter of fiscal 2026, beating Wall Street expectations on both the top and bottom lines and extending its adjusted EPS beat streak to six consecutive quarters. The digital financial services company posted adjusted diluted EPS of $0.18, topping the $0.17 consensus estimate by 7.02%, while revenue of $1.39 billion cleared the $1.26 billion consensus by 9.94% and grew 9.2% year over year. The primary engine behind the quarter was explosive lending activity, with record origination volume of $16.93 billion fueled by personal loans, a surge in student loan originations, and home loan growth, all while credit quality improved and net interest margin expanded to 6.14%. Fee-based revenue reached $570.63 million, or 42% of total revenue, underscoring the company's broadening monetization profile. Buoyed by the results, management raised full-year 2026 adjusted net revenue guidance to approximately $5.04 billion and introduced a 2027 outlook of approximately $6.40 billion in adjusted net revenue and $0.90 adjusted EPS, both figures described as well ahead of prior analyst estimates.
- Record loan originations of $16.9 billion, up 71% YoY
- Net interest income up 59% YoY to $929.5 million, driven by 51% growth in average interest-earning assets and 38 bp decrease in cost of funds
- Record member additions of 1.2 million in the quarter, reaching 17.1 million total members
- Record product additions of 2.2 million, reaching 26.7 million total products
- Products per member increased to 1.56 from 1.47 a year ago
- Fee-based revenue reached $570.6 million, representing 42% of total revenue
- Interchange fee revenue up 77% YoY
- Brokerage fee revenue up 47% YoY
- Loan origination fees up 158% YoY
- Deposits grew $5.8 billion to $51.3 billion
- Average deposits comprised 90% of average total liabilities, saving approximately $745 million annualized in interest expense vs warehouse facilities
- Net interest margin expanded to 6.14%, up 16 basis points sequentially
“We had exceptional Q3 results against the backdrop of any environment, but they are even more remarkable given how 2026 has unfolded.”
SoFi Technologies CEO, on the earnings call
What Is SoFi Technologies's Outlook?
Management raised full-year 2026 guidance to approximately $5.04 billion adjusted net revenue (~40% YoY growth), $1.66 billion adjusted EBITDA (~33% margin), $840 million net income, and $0.61 adjusted EPS. Management expects to grow total members by at least 30% in 2026. For 2027, management introduced guidance of approximately $6.4 billion adjusted net revenue (~27% growth), $2.24 billion adjusted EBITDA (~35% margin), $1.28 billion net income (~20% margin), and $0.90 adjusted EPS — all described as well ahead of analyst estimates. By 2030, SoFi targets 100 million products and plans to scale five businesses to over $1 billion in revenue, five to over $500 million, and five to over $100 million.
SOFI YoY Financials
| Metric | Q3 2026 | Q3 2025 | Year over year |
|---|---|---|---|
| Revenue | $1.4B | $1.3B | +9.2% |
| Net Income | $241.0M | $139.4M | +72.9% |
| Operating Income | $317.8M | $148.6M | +114.0% |
SOFI Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.