Quick wins for a faster PC:
Repair Windows errors before they cause bigger problemsFix Now →Scan for outdated or missing drivers - takes under a minuteDriver Scan →Clear out junk files and repair common Windows errorsFree Scan →iTechGuides is reader-supported. When you buy through links on our site, we may earn an affiliate commission. As an Amazon Associate I earn from qualifying purchases. Learn more
SoFi reported 503,070 crypto products opened through its platform as of September 30, 2026, while recording $161.606 million in gross crypto transaction revenue for the third quarter. That headline revenue was almost entirely offset by $159.973 million in associated costs, leaving $1.633 million in net crypto transaction revenue. The account figure is not a count of people, active traders, funded balances or assets under custody.
What does SoFi’s 503,070 crypto products figure actually count?
It counts SoFi Crypto accounts opened through the platform by the reporting date. SoFi includes those accounts in its broader Financial Services product totals; the company does not say that each product belongs to a different person.
| Reported item | Q3 2026 value | What it means |
|---|---|---|
| Crypto products | 503,070 | Accounts opened through SoFi’s platform through September 30, 2026 |
| Financial Services products | 23,241,525 | All Financial Services products, including Crypto |
| Total members | 17,074,272 | SoFi’s reported member count; members can hold multiple products |
| Total products | 26,671,579 | Aggregate lending and Financial Services products under SoFi’s definitions |
Crypto products therefore represented about 2.2% of SoFi’s Financial Services products, calculated from the company’s quarter-end figures. The filing also says its product definitions can include joint or co-accounts where applicable, another reason the product total should not be read as a customer total.
Is SoFi’s $162 million crypto revenue really profit?
No. The $161.606 million figure is gross crypto transaction revenue. After SoFi recorded $159.973 million of crypto transaction cost, net crypto transaction revenue was $1.633 million.
Popular on Amazon
- Powerful Turbo Fan:CAGIWIRU Electric Air Duster have reached speed up to 130000RPM,Can efficient remove dust and debris.With LED light and Three Adjustable Speed to meet with different cleaning tasks.
- With Attached USB C Fasting Charging cable.Charing 3 hours,Enjoy up to 240 minutes of use on the lowest setting, For third speed can use for 25mins.with four charging options to meet with your needs.
- Wide Application: attached 5 different nozzles,making it suitable for a variety of scenes, such as car,pet, pc, keyboards, and other electronic devices. It also serves for office and home clean duster.
- Handy Design & Portable:Cordless air duster electric nozzle is Light weight and small size, design and comfortable to hold and space saving, convenient to carry around. You can put it in your room or inside the car without taking up space.
- Economical &Reusable: Built durable materials with a long-lasting battery,our CAGIWIRU air duster it's a sustainable alternative to disposable air cans.
| Q3 2026 crypto line | Amount | Interpretation |
|---|---|---|
| Gross crypto transaction revenue | $161.606 million | Revenue before the associated crypto transaction cost |
| Cost of crypto transaction revenue | $159.973 million | Cost reported in SoFi’s unaudited operations table |
| Net crypto transaction revenue | $1.633 million | Gross revenue less the reported cost |
The net amount was about 1.0% of gross revenue, calculated as $1.633 million divided by $161.606 million. That ratio is not a stated profit margin: SoFi’s filing does not provide a separate crypto operating-expense allocation, taxes, or a standalone crypto profit figure.
Why is SoFi’s net crypto revenue only $1.6 million?
SoFi says net crypto transaction revenue primarily consists of transaction fees earned by facilitating members’ buy and sell orders. The filing reports a large cost line alongside that fee revenue, but it does not publicly identify how the $159.973 million is divided among execution, liquidity, inventory, principal-trading or other components. It is therefore not supportable to label the gross figure as money SoFi kept or to assign the cost to a specific counterparty without another source.
The nine-month figures show the same presentation. Through September 30, 2026, SoFi reported $417.466 million of gross crypto transaction revenue, $413.798 million of crypto transaction cost and $3.668 million of net crypto transaction revenue. Those are cumulative nine-month amounts, not a forecast for the full year.
The Tool Desk
Outbyte PC Repair FREERepair Windows errors before they cause bigger problemsFix Now →Outbyte Driver Updater FREEScan for outdated or missing drivers - takes under a minuteDriver Scan →Also popular on Amazon
- Screen Cleaner is Your Screen’s New Bestfriend! - EVEO is proud to present a screen cleaner that’s perfectly suited for your TV. Meet your new screen cleaner, computer screen cleaner, laptop cleaner, iPad cleaner, Macbook,tv cleaner or any other electronic device. Our screen cleaner spray and wipe along with the included plush microfiber cloth, easily removes dust, fingerprints & other smudges on the screen’s surface. Clean effectively for a streak-free screen
- Gentle on your Screens - Our screen cleaner spray and wipes is compatible to be used even for the most sensitive LCD, LED, CRT, and OLED screens in proper use. Be at ease knowing that this product is compatible with all the major brands: LG, SONY, Samsung, Sharp, iPad, iPhone, Android screens, Kindle, PC monitors - we’ve got you covered! Can be used as LCD screen cleaner, tv cleaner, smart tv screen cleaner, and more
- Premium Super Soft Plush Microfiber Cloth - Included in this efficient screen cleaning kit. This screen cleaner spray and wipe has our signature plush microfiber cloth specially designed to comply with screens and monitors and leave them streak-free. Has been shown to effectively absorbs stubborn stains, zero streaks, and no fiber shedding. Always use this together with our screen cleaner for the best results
- Easy-to-Use Screen Cleaner Kit + microfiber cleaning cloth - The EVEO Screen Cleaning Kit will easily be your new favorite tool when it comes to taking care of the things you love most, quick and easy solution for a streak-free screen. Simply screw on the sprayer gun on the screen cleaner bottle. Spray the cleaning liquid onto the microfiber cloth, then wipe the screen until desired cleanliness & shine is achieved.
- Quality Screen Care Kit Worth Purchasing - Enjoy a convenient Screen Cleaner anytime, anywhere you need it. Your satisfaction is our top priority. We stand behind the quality of our products and that’s why, you shouldn’t be worrying at all. We manufacture the Best Screen Cleaner. and can be used for laptop cleaning kit, laptop screen cleaner, tv screen cleaner for smart tv. MacBook screen cleaner, monitor cleaner or screen cleaner spray for electronic devices with microfiber cleaning cloth
How fast are SoFi Crypto accounts growing?
SoFi reported 388,336 crypto products at June 30, 2026 and 503,070 at September 30. The increase was 114,734 products, or approximately 29.5% quarter over quarter.
| Quarter-end | Crypto products | Change |
|---|---|---|
| June 30, 2026 | 388,336 | — |
| September 30, 2026 | 503,070 | +114,734; approximately +29.5% |
This is growth in opened products, not proof that the same number of accounts traded during the quarter. SoFi does not disclose active crypto traders, transaction volume, average account balance or assets held in custody, so the filing cannot establish how frequently those products were used.
When did SoFi relaunch crypto trading, and what can members do?
SoFi says it returned to crypto investing with the launch of SoFi Crypto in the fourth quarter of 2025. The service allows members to buy, sell and hold digital assets. The Q3 2026 release does not list supported tokens, explain its custody arrangement, or specify availability by country or state.
Also popular on Amazon
- 【Large size】：Measuring 800 x 300 mm/ 31. 5×12 inches, which is wider and taller than others. Large mouse pad can perfectly fit your keyboard and mouse of any size, and there is also ample space for peripherals such as phones, tablets, etc.
- 【LED backlight mouse pad】：Blade Hawks RGB mouse pad provides 7 static modes and 7 dynamic modes will give you the options you are looking for. Power-off memory function remembers the last lighting mode you selected. The super glow fiber Chroma will give you a colorful gaming setup that you want.
- 【Anti-slip rubber base】：Made from Natural rubber, this gaming mousepad will firmly grip your desktop, allowing you to enjoy the ultimate precision in the games you are most passionate about. It also comes with a texture that enhances this ability even further.
- 【Smooth and waterproof surface】: Micro-textured cloth surface, for extremely precise mouse control and a smooth movement. When liquid splashes on the gaming mouse pad, it forms water droplets and slides down. Will not delay your work or gameplay.
- 【Plug and play】: This mouse and keyboard pad is powered by USB, plug and play, no driver required. One button control light modes. Press one time to change the lighting mode, press twice to change the brightness, press and hold about 3 seconds turn ON/OFF.
Because the product launched less than a year before the September 2026 count, the quarter-end total reflects a relatively early stage of the relaunch. However, the release supplies no cohort data showing how many accounts remained open, funded or active after opening.
What does the filing leave unanswered?
- It does not disclose the number of active crypto traders.
- It does not report crypto assets under custody or customer balances.
- It does not identify the digital assets available for trading.
- It does not provide a detailed breakdown of the crypto transaction-cost line.
- It does not state a standalone crypto profit, operating margin or take rate.
- It does not provide a geographic availability table for SoFi Crypto.
Those omissions matter when evaluating the business. An opened-account count measures distribution, while balances, trading activity and net revenue would show engagement and economics. The Q3 release provides the first measure and the gross-versus-net revenue presentation, but not the others.
How did investors and the market react?
The Block reported that Crypto appeared in SoFi’s earnings product breakdown for the first time and that SoFi shares traded nearly 15% higher after the release. That is contemporaneous market context, not evidence that the crypto operation alone caused the share move.
Also popular on Amazon
- 【Softer and More Comfortable】Vaydeer wrist rest has unique diamond pattern, which is the combination of softness and aesthetics. The materials of wrist rest are improved into higher quality memory foam and covered with silky smooth lycra. The computer wrist rest makes you as comfortable and cushiony as like rest your wrists on clouds.
- 【Ergonomic Wrist Saver】The wrist rests for keyboard and mouse comes with a 17.32×3.15×0.83 inch keyboard wrist pad and a 5.94×3.15×0.83 inch mouse wrist support. Based on ergonomic design, the unique concave shape is the perfect fit for your wrist joints. The wrist rest pad fits most computer keyboards and laptops, improve hand and wrist posture, release your wrist and arm stress.
- 【Non-Slip Rubber Bottom】Featuring an anti-skid silicone base on the bottom, this wrist keyboard support stays firmly in place on your desk, preventing the padding from sliding around, ensuring stable and consistent wrist support during extended computer sessions.
- 【Better Experience & Pain Relief】Our keyboard arm rest is beneficial to alleviate the soreness caused by direct contact and friction between your arm and a hard desk surface, reducing the risk of wrist fatigue or carpal tunnel. The soft texture of memory foam can evenly distribute the pressure around your wrists and provide good support with just enough give.
- 【Helpful in Multiple Scenarios】Whether you're working, studying, writing, typing, gaming, this keyboard and mouse rest combo is an essential accessory to add comfort and support to your hands and wrists. It’s also a great gift for men, women, family, friend, coworker, gamer, teacher, etc.
SoFi’s official Q3 release reported $1.385 billion in total net revenue and $240.989 million in net income for the quarter. CEO Anthony Noto said, “We had exceptional Q3 results against the backdrop of any environment, but they are even more remarkable given how 2026 has unfolded.” Crypto was one newly visible product line within those broader company results, rather than a separately reported profit center.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What is the responsible takeaway from SoFi’s crypto numbers?
Three measurements should be kept separate: product distribution, gross transaction revenue and net transaction revenue. SoFi’s 503,070 products show how many Crypto accounts had been opened by the reporting date; $161.606 million shows the gross transaction-revenue line; and $1.633 million is what remained after the associated cost recorded in the same table.
Do these 3 things before closing this tab:
1Repair Windows errors before they cause bigger problems2Fix the driver behind crashes, sound loss and screen glitches3Clear out junk files and repair common Windows errorsReaders assessing future quarters should look for disclosure of active accounts, balances, trading volume and a clearer explanation of transaction costs. Until those figures appear, the Q3 filing supports a conclusion about rapid account growth and a very low net contribution relative to gross crypto revenue, but not a conclusion about crypto profitability or customer assets.
Also popular on Amazon
- 【No Drill Mounted】Cable management tray can be assembled in as little as 3 minutes or less-simply. Side clips easily clampe the edge of desk, pass through the holes on the sides, and secure excess cables with baskets. Desk cable management supports inward or outward installation to meet your needs in different scenarios, and provides you with great convenience when collecting and organizing wires.
- 【Rubber Pad Protects Desk】Wire organizer under desk built-in soft rubber pads on the clamp protect your desk from scratches, so you will not damage your furniture or office.
- 【Sturdy and Beautiful】Cord management under desk is made of high-quality carbon steel and holds about 15 lbs. The wire basket has 2 holes on each side of the tray to enable your cables to pass freely. Cable baskets are suitable for desk thickness use from 0.4" to 2.4".
- 【Space Saving & Keep Organized】Desk cable management tray holds all your power cords, outlet strips, USB hubs and computer transformers hidden from your feet, and the data cables will not enter the vacuum cleaner to keep your desk clean and tidy. Desk wire organizer is also suitable for use in the kitchen and outdoors.
- 【Reduce Safety Risks】Cable tray under desk keeps all plugs away from your kids, no more worry about tripping. Using 2 holes wire tray saves extra space, helps you easily cabling and wire protection. The mesh design is not easy to accumulate dust, but avoids safety accidents caused by messy wires.
Frequently Asked Questions
Can SoFi’s Q3 crypto revenue be annualized from one quarter?
Not reliably. Trading activity and digital-asset prices can vary sharply between quarters, and SoFi provided no full-year crypto forecast or seasonality adjustment. The nine-month totals are the only cumulative figures in the release.
Where does Crypto appear in SoFi’s financial reporting?
The company added Crypto to its Financial Services product breakdown and separately listed crypto transaction revenue and cost in the unaudited consolidated operations table. That presentation makes the line visible without creating a separate crypto segment.
What additional disclosure would show whether the accounts are economically valuable?
Active-account counts, customer balances, transaction volume and net revenue per active account would indicate engagement and monetization more directly than openings alone. SoFi did not provide those measures in the Q3 release.
Does the account count reveal how many people hold cryptocurrency at SoFi?
No. The filing counts products opened through the platform and allows for members with multiple products, including joint or co-accounts where applicable. It also does not say how many accounts held a balance on September 30.
Quick Recap
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
