Overview
- SoFi reported record third-quarter results on Oct. 27, 2026, with adjusted net revenue up about 44% to roughly $1.4 billion and adjusted EPS of $0.18, beating Street estimates.
- The company raised its full-year 2026 outlook to $5.04 billion in adjusted net revenue and set 2027 targets that include $6.4 billion in adjusted net revenue and $0.90 in adjusted EPS.
- Membership exceeded 17 million and total products grew about 44%, which management says drove higher revenue per product and improved profitability.
- SoFi expanded crypto and tokenized-deposit offerings, launching SoFiUSD stablecoin settlement on Mastercard’s network and a tokenized deposit product called SoFi Earn with a 4.40% APY and FDIC insurance.
- Markets reacted positively with shares up about 9% premarket and bullish options flows, while analysts remain split between new Buy ratings and continued Sell views, leaving investor sentiment mixed but firmer.