SoFi Reports Third Quarter 2026 with Record Net Revenue of $1.4 Billion, Net Income of $241 Million and Raises Full-Year Guidance
SoFi Technologies reported record third-quarter 2026 net revenue of $1.4 billion and net income of $241 million. The strong performance prompted management to raise the full-year guidance for the fintech firm. Profit, revenue, and total memberships all jumped during the period, driven by growth in deposits and fees as existing members added more products. More than half of all new product openings originated from existing users, pushing revenue up 44 percent year over year and sending the company stock higher following the earnings surprise.
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- ✓ SoFi reported record third-quarter 2026 net revenue of $1.4 billion and net income of $241 million.
- ✓ The company raised its full-year guidance following the strong third-quarter performance.
- ✓ Profit, revenue, and memberships all jumped during the third quarter of 2026.
- ✓ More than half of new product openings came from existing members.
What changed
SoFi reported record third-quarter 2026 financial results and raised its full-year guidance.
Live updates
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SoFi Posts Record Q3 Revenue and Lifts Outlook
SoFi Technologies reported record third-quarter 2026 net revenue of $1.4 billion and net income of $241 million. The strong performance prompted management to raise the full-year guidance for the fintech firm. Profit, revenue, and total memberships all jumped during the period, driven by growth in deposits and fees as existing members added more products. More than half of all new product openings originated from existing users, pushing revenue up 44 percent year over year and sending the company stock higher following the earnings surprise.
Why it matters
The strong third-quarter results validate the company's financial model and cross-selling strategy among existing account holders. Growth in deposits and fee income demonstrates deeper engagement from the user base. Consequently, management adjusted its outlook upward for the remainder of the year.
What is confirmed
- SoFi reported record third-quarter 2026 net revenue of $1.4 billion and net income of $241 million.
- The company raised its full-year guidance following the strong third-quarter performance.
- Profit, revenue, and memberships all jumped during the third quarter of 2026.
- More than half of new product openings came from existing members.
- Revenue increased by 44 percent.
What to watch next
- Monitor fourth-quarter performance to see if the company meets its upgraded full-year guidance.
- Track ongoing membership growth and product adoption rates among existing users.
confidence 100%Sources used for this update (10)
- finance.yahoo.com — Yahoo Finance - Stock Market Live, Quotes, Business & Finance News
- 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
- Yahoo Finance — SoFi (NASDAQ:SOFI) surprises with strong Q3 2026, stock soars
- 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.
- Barchart.com — Ahead of SoFi Earnings, Here's What Barchart Data Says Comes Next for SOFI Stock
- thecryptobasic.com — Broadcom Stock Rises as $63B AI Financing Backs Anthropic
- finviz.com — SoFi Reports Third Quarter 2026 with Record Net Revenue of $1 ...
- finance.yahoo.com — SoFi Posts Record Third-Quarter Revenue of $1.4 Billion ...
- www.pymnts.com — PYMNTS | SoFi Grows Deposits and Fees as Members Add Products
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