Isophoric News · Tuesday, October 27, 2026
SoFi reports third-quarter net revenue up 44% to $1.385 billion and raises its 2026 guidance
SoFi Technologies reported third-quarter GAAP net revenue of $1.385 billion, up 44% from a year earlier, and net income of $241.0 million, or 18 cents a share, in a release dated Tuesday, Oct. 27. Adjusted net revenue was $1.371 billion and adjusted EBITDA was $469.8 million, up 70%, according to the company. SoFi said it had 17.1 million members, up 35%, and record loan originations of $16.9 billion. The company raised its 2026 outlook to $5.04 billion in adjusted net revenue and introduced a 2027 outlook of about $6.4 billion in adjusted net revenue and $0.90 a share in earnings. SoFi said both outlooks are above analyst estimates compiled by FactSet as of Oct. 26. CEO Anthony Noto called the quarter "exceptional" in the release.