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

On October 27, according to Q3 2026 financial results released by SoFi Technologies (NASDAQ: SOFI), the company reported GAAP net revenue of $1.385 billion, up 44% year over year; net income of $241 million, up 73% year over year; and diluted EPS of $0.18. Adjusted EBITDA was $470 million, up 70% year over year, with a margin of 34%.

Total members increased to 17.1 million, up 35% year over year, with 1.2 million new members added this quarter; total products held reached 26.7 million, up 44% year over year. Quarterly loan originations totaled $16.9 billion, up 71% year over year, comprising $12.6 billion in personal loans, $2.9 billion in student loans, and $1.4 billion in home loans. Total deposits at the end of the quarter stood at $51.3 billion, an increase of $5.8 billion from the previous 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 diluted EPS to approximately $0.61. The company also issued its first-ever outlook for 2027: 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 diluted EPS of approximately $0.90.