SoFi lifts 2026 outlook after $1.4 billion revenue
Key points
- SoFi reported record third-quarter 2026 net revenue of $1.4 billion and net income of $241 million.
- The company raised its full-year 2026 guidance following its latest quarterly results.
- Higher revenue and earnings strengthen SoFi’s reported performance as it expands its financial services business.
SoFi Technologies, Inc. (NASDAQ:SOFI) raised its 2026 financial outlook after reporting $1.385 billion in third-quarter revenue and $241 million in net income.
Revenue increased 44% year-on-year, while net income rose 73%, and adjusted EBITDA climbed 70% to $470 million.
“We are adding more members, who are using more products, and generating more revenue per product,” SoFi CEO Anthony Noto said in a statement.
SoFi now expects $5.04 billion in 2026 adjusted net revenue, representing 40% annual growth, alongside $1.66 billion in adjusted EBITDA.
For 2027, management forecasts $6.4 billion in adjusted net revenue, $2.24 billion in adjusted EBITDA and $0.90 in earnings per share.
Membership grew 35% to 17.1 million, while total products increased 44% to 26.7 million, supported by record quarterly additions.
Loan originations reached $16.9 billion, while financial services revenue rose 25% year-on-year to $525.1 million.
Following the announcement, SoFi shares rose 13.42% at $16.40.
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