Recent Updates — SOFI

SoFi Technologies reported record third-quarter 2026 results with adjusted net revenue increasing 44% year-over-year to $1.4 billion, driven by strong growth in lending originations and financial services products. The company achieved a record $470 million in adjusted EBITDA and reported diluted earnings per share of $0.18. SoFi raised its full-year 2026 guidance for adjusted net revenue to $5.04 billion, representing approximately 40% year-over-year growth, and introduced a 2027 outlook projecting $6.4 billion in adjusted net revenue and $0.90 of adjusted EPS. The company also highlighted member growth of 35% to 17.1 million and total loan originations reaching a record $16.9 billion. SoFi Technologies operates as a digital financial services platform offering lending, investing, banking, and insurance products.

SoFi Technologies reported second quarter 2026 results with record GAAP net revenue of $1.2 billion, a 43% year-over-year increase, and net income of $157 million. Adjusted net revenue rose 40% to $1.2 billion, while adjusted EBITDA increased 44% to $358 million. The company added 1.1 million new members, bringing the total to 15.8 million, and recorded record loan originations of $14.8 billion. SoFi raised its full-year 2026 adjusted net revenue guidance to a range of $4.75 billion to $4.85 billion. The company operates in the digital financial services industry, providing lending, investing, banking, and insurance products through its mobile platform.