SoFi 3Q 2026: Revenue $1.39B, EPS $0.18 — 10-Q Summary

What happened

SoFi reported third-quarter 2026 total net revenue of $1.39B, up 44% year over year, and diluted earnings per share of $0.18. Lending and Financial Services revenue grew, while Technology Platform revenue fell 24% after a large client exited the platform.

Confirmed

Global impact / market context

Higher loan originations and fee income more than offset weaker Technology Platform revenue, supporting overall growth. But increased expenses and income taxes also affected earnings, while the departing client and declining platform accounts show that growth is uneven across SoFi’s businesses.

Analyst inference

The figures point to a business relying on both lending and fee-generating services, alongside technology-platform revenue. Lending growth can raise interest income but also expands loan exposure; platform weakness can reduce revenue if client departures continue, making the mix of growth important to investors.

Analyst inference

What to watch

1. Whether loan originations and lending revenue continue growing, since further expansion could support net interest income but would also increase the volume of loans SoFi holds or services. Analyst inference
2. Whether Technology Platform revenue and enabled client accounts stabilize after a large client exited; continued declines could further offset growth in lending and financial services. Analyst inference
3. Whether member and product growth continues alongside deposits, which were $51.3 billion at quarter-end, up 37% from December 31, 2025. Confirmed

Evidence

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