SoFi third quarter crypto transaction revenue hits $161.6 million, net profit at $1.6 million

SoFi Technologies, a digital bank and financial services provider, posted $161.6 million in crypto transaction revenue for the third quarter of 2026, according to its recent earnings report filed with the SEC. After accounting for a $160 million cost related to crypto transactions, the company’s net crypto transaction revenue stood at $1.6 million for the period. SoFi’s income statement lists the $1.6 million figure as “net crypto transaction revenue.” This amount represents just 1% of the gross crypto transaction revenue line and approximately 0.1% of SoFi’s total net revenue, which reached $1.385 billion for the quarter.

Also reported by The Defiant.

Source: CoinTurk News