SoFi earnings topped estimates in the third quarter of 2026, with revenue rising 44% from a year earlier to $1.4 billion and earnings per share reaching $0.18. The digital financial services company released its results on October 27 for the quarter ended September 30.

Key Takeaways

  • Revenue exceeded the $1,255.86 million estimate, while earnings per share topped the $0.17 estimate.
  • Adjusted EBITDA rose 70% to $469.8 million.
  • SoFi added 1.2 million members during the quarter, bringing its total to 17.1 million.

SoFi earnings and revenue exceed estimates

Total net revenue increased from $961.6 million in the third quarter of 2025. Adjusted net income was approximately $243 million, which translated into earnings per share of $0.18.

Adjusted EBITDA reached $469.8 million, with an adjusted EBITDA margin of 34%. The adjusted measure is separate from net income and does not represent bottom-line profit.

Membership and lending activity expand

SoFi said it added a record 1.2 million members in the quarter. Its total membership increased 35% from 12.6 million a year earlier, while the number of products rose 44% to 26.7 million from 18.6 million.

Loan originations totaled $16.9 billion for the quarter. SoFi offers lending, banking and investing services to consumers, while its Galileo and Technisys platforms serve fintech and financial institution clients.

Chief Executive Anthony Noto said the company was focused on adding members who use more products and generate more revenue per product.

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