SoFi’s crypto business grows 38% in Q3 but remains 0.3% of financial services revenue

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Q3 proved to be a profitable one for SoFi Technologies (NASDAQ: SOFI), as the company reported record revenue of $1.4 billion on Tuesday, October 27, 2026. The figure was a 44% increase when calculated on a year-over-year basis. Also, its shares climbed by 11% in premarket trading. The revenue figures include crypto, the business relaunched by SoFi a year ago. A record quarter and a raised 2026 forecast It was a strong quarter in every respect. In Q3, GAAP revenue hit $1.39 billion, with a net income of $241 million and adjusted earnings of $0.18 per share. The revenue and profit numbers were well above estimates from Wall Street. The stock rose to $16.08 premarket after ending the prior session at $14.46.
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