SoFi Reports 503,000 Crypto Users and 20% Revenue Growth in Q3 2026
Current overview (not historical)
SoFi disclosed that it now has 503,000 crypto product users, a first‑time disclosure, and that crypto revenue grew 20% year‑over‑year to $162 million in the third quarter of fiscal 2026. The company’s net crypto revenue for the quarter was $1.616 million, representing 0.1% of total revenue. The earnings announcement lifted SoFi’s share price 15% to a record high, and the company also became the first national bank to launch a stable‑coin‑based cross‑border settlement service. While the crypto user count and revenue figures were highlighted as milestones, the impact on overall financial performance remains modest, with crypto revenue accounting for only a tiny fraction of the firm’s total earnings.
Written with AI from the reporting · updated 10/27/2026
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- 1Unclassified fact stationOct 27, 00:00recorded Oct 27, 23:42
SoFi discloses 503,000 crypto products as gross crypto reven
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- Subject：
- SoFi
- Action：
- discloses crypto products
- Object：
- 503,000 crypto products
- Occurred (fact side)：
- Oct 27, 00:00
- Published (valid side)：
- Oct 27, 23:35
- First seen (known side)：
- Oct 27, 23:42
- Published (valid side)：
- Oct 27, 23:56
- First seen (known side)：
- Oct 28, 00:44
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- Bitcoin MagazineSoFi Shares Surge 15% After Record Q3 2026 Earnings and 503,070 Crypto Products
Report first recorded Oct 28, 00:44
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.
Read original source ↗ - The BlockSoFi Reports 503,000 Crypto Users and $162 Million in Crypto Revenue for Q3 2026
Report first recorded Oct 27, 23:42
SoFi disclosed that its crypto offerings now serve 503,000 users, up from 400,000 in the prior quarter. Gross crypto revenue rose 20% year‑over‑year to $162 million, while the company’s total net revenue reached a record $1.39 billion. The data reflect SoFi’s expanding role in the consumer finance‑crypto ecosystem and its growing contribution to overall earnings.
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