SoFi Technologies Stock Surges Up to 8% After Q3 Revenue Beats by More Than $140M and Full-Year Guidance Raised

SoFi Technologies posted record third-quarter 2026 results on October 27, sending shares up as much as 8% in early trading. Adjusted net revenue reached $1.39 billion, well above the FactSet consensus estimate of $1.25 billion and up 44% year over year. Adjusted EPS came in at $0.18, beating the $0.16 estimate, marking the company's 12th consecutive profitable quarter.

The quarter also produced record adjusted EBITDA of $470 million, representing a 34% margin, and record adjusted net income of $243 million, an 18% margin. Loan originations hit a record $16.9 billion, and fee-based revenue rose 21% sequentially to $571 million, accounting for 42% of adjusted net revenue. SoFi also extended its streak to 20 consecutive quarters exceeding the Rule of 40.

Off the strong results, SoFi raised its full-year 2026 adjusted net revenue guidance to approximately $5.04 billion, up from the prior range of $4.75 billion to $4.85 billion, implying roughly 30% annual growth. Adjusted EPS guidance for 2026 was lifted to $0.61, above the prior consensus estimate of $0.59. The company also issued its first formal 2027 outlook, targeting compounded annual growth in adjusted net revenue of at least 30% from 2025 to 2028 and compounded annual EPS growth of 38% to 42% over the same period.