SoFi books $161.6M in gross crypto revenue in Q3, keeps $1.6M of it

The fintech's relaunched crypto platform is moving serious volume, but nearly all of the gross figure is offset by the cost of the trades themselves SoFi Technologies reported $161.6 million in gross crypto transaction revenue for the third quarter. After costs, it kept $1.6 million. That gap is the whole story. The headline number looks like a crypto business rivaling a mid-sized exchange. The net number looks like a rounding error on a fintech that just posted a $241 million profit. SoFi (NASDAQ: SOFI) released its Q3 results on October 27, 2026, covering the quarter that ended September 30, 2026.
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