TLDR
- SoFi Technologies (SOFI) stock rose 13% on Tuesday to close at $16.40, up $1.94, after third-quarter results.
- Adjusted net revenue rose 44% to $1.4 billion, and adjusted net income climbed 74% to $243 million.
- Members grew 35% to 17.1 million, and financial products rose 44% to 26.7 million.
- SoFi expects 2026 adjusted net revenue of $5.04 billion, up 40%, and targets $6.4 billion and $0.90 EPS in 2027.
- Crypto products were reported for the first time: 503,000 products and $161.6 million in gross crypto transaction revenue.
SoFi Technologies (SOFI) stock rose 13% on Tuesday to close at $16.40, up $1.94, after the company posted third-quarter results and raised its outlook. The stock traded as high as $16.76 and as low as $15.67 during the session. Earlier in the day, it was up nearly 15%.
The move came on the back of strong numbers. Adjusted net revenue rose 44% to $1.4 billion. Adjusted net income jumped 74% to $243 million.
Adjusted earnings per share came in at $0.18, up 64% from a year ago. SoFi also reported record quarterly net revenue of $1.39 billion.
📣 Thanks to our members and clients, we’ve reported strong Q3 results. More members are choosing SoFi and they are using more products than ever before.
In Q3, we delivered:
👉 $1.4B in adjusted net revenue, up 44%
👉 $470M in adjusted EBITDA, up 70%
👉 1.2M new members,… pic.twitter.com/9JNPi9xYXo— SoFi (@SoFi) October 27, 2026
CEO Anthony Noto kept the message simple. “We are adding more members, who are using more products, and generating more revenue per product,” he said.
Members and products keep climbing
SoFi added members at a fast pace. The count rose 35% to 17.1 million. Financial products grew 44% to 26.7 million.
The company is building what it calls an “everything app.” Users can save, invest and borrow in one place. The numbers suggest the plan is drawing people in.
SoFi Invest, its brokerage arm, grew 37% year over year to 4.18 million products as of Sept. 30. That sits alongside the new crypto line.
Crypto numbers show up for the first time
This was the first quarter SoFi broke out crypto in its product breakdown. It reported 503,000 crypto products at the end of September.
Gross crypto transaction revenue was $161.6 million, up 20% from the prior quarter. After associated costs, net crypto transaction revenue was just $1.6 million.
SoFi paused crypto services for two years before eyeing a return in May 2025. SoFi Crypto launched that November. Members can buy and hold dozens of tokens straight from FDIC-insured checking or savings accounts.
The company has since pushed into stablecoins, tokenized deposits and crypto infrastructure. So the crypto story is still early.
Guidance points to more growth
Management lifted its view for the full year. SoFi now sees 2026 adjusted net revenue growing 40% to $5.04 billion. It expects net income of $840 million and EPS of $0.61.
Looking to 2027, the company expects adjusted net revenue of $6.4 billion. It also guided to EPS of $0.90.
Noto said his confidence is high. “Our conviction in the opportunity ahead has never been greater,” he said.
Even after Tuesday’s jump, the stock is still down about 40% so far this year. The 52-week range runs from $13.86 to $32.73.
SoFi’s market cap stands at about $21.18 billion. Its gross margin is 62.02%. Tuesday’s close came at $16.40 on the Nasdaq.
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