Earnings live updates: SoFi stock surges on 'exceptional' quarter, raised outlook
SoFi Technologies reported record Q3 revenue of $1.4 billion and net income of $241 million, beating expectations. The company raised its 2026 revenue forecast. Loan originations jumped 71% and membership grew by 1.2 million. SoFi's lending engine drove the strong results.
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- ✓ SoFi reported record Q3 revenue of $1.4 billion
- ✓ SoFi's net income was $241 million
- ✓ Loan originations jumped 71%
- ✓ SoFi added 1.2 million members
What changed
SoFi raised its 2026 revenue forecast and reported record quarterly revenue.
Live updates
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SoFi stock surges on 'exceptional' quarter, raised outlook
SoFi Technologies reported record Q3 revenue of $1.4 billion and net income of $241 million, beating expectations. The company raised its 2026 revenue forecast. Loan originations jumped 71% and membership grew by 1.2 million. SoFi's lending engine drove the strong results.
Why it matters
SoFi's performance reflects the company's growth in consumer lending. The fintech industry has seen significant expansion in recent years. SoFi's results may quiet skeptics about its business model. The company's raised outlook suggests confidence in its future prospects.
What is confirmed
- SoFi reported record Q3 revenue of $1.4 billion
- SoFi's net income was $241 million
- Loan originations jumped 71%
- SoFi added 1.2 million members
- SoFi raised its 2026 revenue forecast
What to watch next
- SoFi's 2027 growth targets
- Q4 2026 earnings report
- Progress on 2026 revenue goals
confidence 100%Sources used for this update (13)
- finance.yahoo.com — Yahoo Finance - Stock Market Live, Quotes, Business & Finance News
- stocktwits.com — Stocktwits - Stock Market Live Quotes, Social Community...
- SoFi Investor Relations — SoFi Reports Third Quarter 2026 with Record Net Revenue of $1.4 Billion, Net Income of $241 Million and Raises Full-Year Guidance
- WSJ — SoFi Lifts Outlook After Profit, Revenue and Memberships Jump
- Investor's Business Daily — SoFi Stock: SoFi Earnings Top Views. Fintech Hikes 2026 Revenue Guidance.
- Yahoo Finance — Earnings live updates: SoFi stock surges on 'exceptional' quarter, raised outlook
- Barron's — SoFi Posts Another Beat-and-Raise Quarter. Earnings May Quiet the Skeptics.
- Yahoo Finance — SoFi stock jumps as consumer lending boom kicks into higher gear
- Yahoo Finance — SoFi: 3 Key Takeaways for Long-Term Investors
- finance.yahoo.com — SOFI Stock On Track To Post Best Day This Quarter After ...
- finance.yahoo.com — SoFi stock jumps as consumer lending boom kicks into higher gear
- financebuzz.com — SoFi Surges on Record Q3 Earnings - 6 Details Every Investor ...
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