secwatch.observer — SEC 8-K summary
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Issuer:     SoFi Technologies, Inc. (SOFI)
CIK:        0001818874
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0001818874-22-000236
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SoFi Q3 GAAP revenue $424M (+56% YoY), adj. EBITDA record $44M, raised FY guidance
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- Q3 GAAP net revenue $424M, up 56% YoY; adjusted net revenue $419M, up 51%.
- Record adjusted EBITDA $44M, up 332% YoY and 118% sequentially.
- Added nearly 424,000 new members; total members 4.7M, up 61% YoY.
- Total products 7.2M, up 69% YoY, with over 635,000 new product adds.
- Raised full-year 2022 guidance; net loss $74M ($0.09 loss per share).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818874/000181887422000236/0001818874-22-000236-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818874/000181887422000236/sofi-20221101.htm
  HTML page:      https://secwatch.observer/filing/0001818874-22-000236

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer