SoFi Technologies, Inc. reported financial results for the third quarter ended September 30, 2026, highlighting record performance across several key metrics. The company announced adjusted net revenue of $1.37 billion for the quarter, a 44% increase year-over-year, while adjusted EBITDA reached $469.8 million, representing a 70% increase and a 34% margin. GAAP net income was reported at $241.0 million, with diluted earnings per share (EPS) of $0.18.
Member growth continued to accelerate, with the company adding a record 1.2 million members in the quarter to reach 17.1 million total members, a 35% increase from the prior year. Total products grew 44% to 26.7 million, driven by strong demand across Financial Services and Lending segments. The company noted that 51% of new products were opened by existing members.
SoFi raised its full-year 2026 guidance based on the strength of the third quarter. The company now projects $5.04 billion in adjusted net revenue and $1.66 billion in adjusted EBITDA for the full year, along with net income of $840.0 million and EPS of $0.61. Additionally, SoFi introduced a 2027 outlook, projecting approximately $6.4 billion in adjusted net revenue, $2.24 billion in adjusted EBITDA, $1.28 billion in net income, and EPS of $0.90.
On the lending side, total loan originations reached a record $16.9 billion, with Lending adjusted net revenue reaching approximately $807.4 million. Financial Services revenue increased 25% year-over-year to approximately $525.1 million, driven by growth in interchange fee revenue and brokerage fee revenue. The company also reported that its Technology Platform-enabled accounts decreased 11% year-over-year to 140 million.
