SoFi reports Q3 net income of $241 million, up 73% year over year, and raises 2026 guidance while issuing its first-ever 2027 outlook.

According to the third quarter 2026 earnings report released by SoFi Technologies (NASDAQ: SOFI), the company reported GAAP net revenues of $1.385 billion, up 44% year-over-year; net income of $241 million, up 73% year-over-year; and diluted earnings per share of $0.18. Adjusted EBITDA reached $470 million, up 70% year-over-year, representing a margin of 34%. The active member base increased to 17.1 million, up 35% year-over-year, with 1.2 million net additions during the quarter; total products reached 26.7 million, up 44% year-over-year. Loan originations totaled $16.9 billion for the quarter, up 71% year-over-year, including $12.6 billion in personal loans, $2.9 billion in student loans, and $1.4 billion in home loans. Total deposits at quarter-end stood at $51.3 billion, an increase of $5.8 billion from the prior quarter. The company raised its full-year 2026 adjusted net revenue guidance to approximately $5.04 billion, adjusted EBITDA guidance to approximately $1.66 billion, adjusted net income to approximately $840 million, and adjusted EPS to approximately $0.61. The company also issued its first-ever 2027 outlook, projecting adjusted net revenue of approximately $6.4 billion, adjusted EBITDA of approximately $2.24 billion, adjusted net income of approximately $1.28 billion, and adjusted EPS of approximately $0.90.