SoFi Shares Surge 15% After Record Q3 2026 Earnings and 503,070 Crypto Products

SoFi Technologies reported record third‑quarter 2026 results, with revenue of $1.37 billion and adjusted earnings per share of $0.18, beating consensus estimates. The company’s crypto division added 503,070 products and generated $161.6 million in transaction revenue, though after costs the net crypto revenue was only $1.6 million—0.1% of total net revenue. For the first nine months of 2026, net crypto revenue totaled $3.7 million on $417.5 million in gross volume. Member trading activity rose 14% in September, with 218,469 trades, 18% more buy trades, and 8% more sell trades than August. Bitcoin accounted for 39% of trading volume. SoFi also became the first U.S. nationally chartered bank to offer retail crypto trading and the first to enable stablecoin settlement across Mastercard’s global payments network. The stock closed at $16.56, up 14.59% on the day, marking a 15% intraday gain to a new record high.