SoFi Beats Estimates, Raises 2026 & 2027 Guidance

SoFi Technologies announced outstanding financial results for its third quarter ended September 30, 2026. The company raised its 2026 guidance, now expecting approximately $5.04 billion in adjusted net revenue, a 40% year-over-year increase. Further bolstering future projections, SoFi introduced 2027 guidance of approximately $6.4 billion in adjusted net revenue.

The quarter marked record adjusted net revenue of $1.4 billion, surging 44% from the previous year. Adjusted EBITDA also saw significant growth, increasing 70% to $469.8 million. This consistent performance highlights SoFi's 12th consecutive profitable quarter.

Member growth remains a key driver, with SoFi adding a record 1.2 million members in the third quarter, bringing the total to 17.1 million, a 35% increase year-over-year. Total products also grew substantially, up 44% to 26.7 million, indicating deeper member engagement.

Record loan originations reached $16.9 billion. The Lending segment saw revenue increase by 68%, driven by strong personal loan demand. The Financial Services segment also grew, with revenue up 25%, boosted by SoFi Money and Relay products.

Looking ahead, SoFi aims for ambitious 2030 goals, including reaching 100 million products and scaling multiple businesses to over $1 billion in revenue. This strategic vision positions SoFi for continued expansion and market leadership.