SoFi Technologies posted record third-quarter revenue and lifted its full-year outlook, with membership climbing 35% to 17.1 million.
SoFi Technologies reported record third-quarter results on Tuesday, with adjusted net revenue rising 44% year over year to about $1.4 billion, and raised its full-year guidance above Wall Street expectations.
The fintech said GAAP net income reached $241 million, or $0.18 per diluted share, while adjusted EBITDA climbed 70% to $469.8 million. Membership grew 35% from a year earlier to a record 17.1 million, after SoFi added 1.2 million members in the quarter, its largest single-quarter addition. The company lifted its full-year adjusted net revenue forecast to about $5.04 billion, up from a previous range of $4.75 billion to $4.85 billion, and introduced preliminary 2027 guidance of $6.4 billion in adjusted net revenue and $0.90 in adjusted earnings per share.
The results landed after a difficult run for the stock, which had fallen roughly 45% so far in 2026 through Monday even as the business kept setting records. Chief executive Anthony Noto said the quarter was exceptional against the backdrop of how 2026 has unfolded, crediting a simple formula of adding members who use more products and generate more revenue per product.
SoFi's own third-quarter release, carried by Business Wire, is the source of the revenue, profit and guidance figures, and Reuters' reporting of the results matches the release on each of them, including the $1.25 billion revenue consensus the company beat. The membership and guidance figures are likewise consistent across the release and independent coverage, so the record quarter is reported here as the company stated it.
The stakes are in whether the member-growth engine keeps compounding. The 2027 outlook sits above FactSet estimates of about $6 billion in revenue and $0.82 per share, so the next test is whether SoFi converts its growing base into the $6.4 billion it has now promised, with its fourth-quarter results the next checkpoint. SoFi has also said it is expanding its crypto business and building stablecoin payment infrastructure, a line of growth that will matter more if traditional lending cools.