SoFi raises 2026 outlook after revenue climbs 44% to record $1.4 billion

Share

SoFi Technologies raised its full-year outlook for 2026 and introduced its 2027 forecast after reporting record third-quarter results driven by lending growth and increased adoption of its financial products. Adjusted net revenue rose 44% year over year to approximately $1.4 billion, adjusted EBITDA increased 70% to nearly $470 million, and net income climbed 73% to $241 million. Membership exceeded 17 million, up 35% year over year, while the total number of products increased 44%. For 2026, SoFi now forecasts adjusted net revenue of $5.04 billion, adjusted EBITDA of $1.66 billion, and net income of $840 million; for 2027, it projects revenue of $6.4 billion and net income of $1.28 billion. The company is also expanding its crypto activities, including stablecoin payment infrastructure, and aims to reach 100 million products by 2030.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items