‘One-Stop Shop’ SoFi Posts 129% Q3 Net Income Surge, Achieves Five New Records

TradingKey - SoFi Technologies (SOFI), a leading fintech company championing a “one-stop shop” strategy, delivered another strong earnings report on Tuesday, setting all-time highs across five core metrics: total revenue, net profit, fee-based income, membership, and product. SoFi shares rose about 3% in pre-market trading.

On Tuesday, October 28, ahead of U.S. markets opening, SoFi, the member-focused digital financial services platform, reported its Q3 2025 results for the period ending September 30. The company posted:

• Revenue: $962 million, up 38% YoY — above the expected $889 million
• GAAP Net Income: $139 million, up 129% YoY
• EPS: $0.11, up 120% YoY — beating expectations of $0.08

In its earnings release, SoFi highlighted six key achievements:

• Non-GAAP net revenue: +38% YoY to a record $950 million
• Non-GAAP net income: +49% YoY to a record $277 million
• Fee-based revenue: +50% YoY to a record $109 million
• Membership: +35% YoY to a record 12.6 million
• Product volume: +36% YoY to a record 18.6 million products
• Raised full-year 2025 guidance

CEO Anthony Noto said:

“SoFi delivered an exceptional third quarter, fueled by the strength of our innovation and the power of our one-stop shop strategy.”

SoFi's three core businesses—the Lending segment, Technology Platform segment, and Financial Services segment—all delivered robust revenue growth in the third quarter.

During the July-September period, SoFi's Lending segment saw its GAAP net revenue rise 25% year-over-year (YoY) to $493.4 million, primarily driven by a 35% increase in net interest income. 

Benefiting from sustained strong member demand for personal, student, and home loans, SoFi reported a record $9.9 billion in loan originations for the third quarter, representing a 57% annual increase.

The Technology Platform segment, which includes Galileo and Technisys, generated $114.6 million in revenue for the quarter, a 12% annual increase, and contributed $32.4 million in profit.

The Financial Services segment was the fastest-growing division, with its revenue surging 76% YoY to $419.6 million in the third quarter, fueled by a rise in consumer deposits.

SoFi noted that it is leveraging cryptocurrency and AI to transform the future of finance. The company has already launched SoFi Pay, a blockchain-based service for fast, low-cost international money transfers, and is set to introduce SoFi Crypto later this year to support token buying, selling, and storage. 

Its AI-powered financial assistant is helping members optimize cash management, with more innovative features scheduled to roll out next year.

Given the strong growth momentum across multiple areas, SoFi raised its full-year 2025 total revenue forecast from the previous $3.375 billion to $3.54 billion, increasing the annual growth rate projection from 30% to 36%. 

It also lifted its forecast for adjusted EBITDA from $960 million to $1.035 billion, projecting a 29% margin; and raised its earnings per share (EPS) guidance from $0.31 to $0.37.

As of October 27, SoFi's stock price has climbed approximately 95% year-to-date. According to the TradingKey stock rating tool, analysts have a "Hold" rating on SoFi, with an average price target of $23.02, suggesting a downside of roughly 20% from the current level.