---
schema_version: "secwatch.filing_event.v1"
accession: "0001818874-24-000229"
form_type: "8-K"
ticker: "SOFI"
cik: "0001818874"
company_name: "SoFi Technologies, Inc."
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T09:22:38.968560+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SoFi Q3 net rev $697M, net income $61M, EPS $0.05; raises FY24 guidance

## Summary
- Total net revenue $697M (+30% YoY); net income $61M vs loss $267M last year.
- Adjusted net revenue $689M (+30%); adjusted EBITDA $186M (+90% YoY).
- Financial Services & Tech Platform combined revenue up 64% YoY, now 49% of adj net revenue.
- Members grew 35% YoY; capital-light fee-based revenue $174M.
- Management raised FY2024 guidance; CEO calls quarter strongest in company history.

## SEC filing metadata
- accession: 0001818874-24-000229
- form_type: 8-K
- ticker: SOFI
- cik: 0001818874
- company_name: SoFi Technologies, Inc.
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818874/000181887424000229/0001818874-24-000229-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818874/000181887424000229/sofi-20241029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001818874-24-000229
- JSON: https://secwatch.observer/filing/0001818874-24-000229.json
- Plain text: https://secwatch.observer/filing/0001818874-24-000229.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.