SoFi Technologies, Inc.

The following table presents the components of our total noninterest income:

Total noninterest income increased by $79.2 million, or 21%, and $306.9 million, or 31%, for the three and nine months ended September 30, 2026, respectively, compared to the three and nine months ended September 30, 2025.

Loan Origination, Sales, Securitizations and Servicing

Three Months. The increase in loan origination, sales, securitizations and servicing of $86.9 million, or 133%, for the three months ended September 30, 2026 compared to the three months ended September 30, 2025 was primarily driven by (i) higher gains ($672.3 million) on interest rate swaps we use to hedge the interest rate risk on our personal, student and home loans, as benchmark interest rates increased during period and (ii) higher origination fees ($165.9 million) primarily driven by increased loan originations compared to the year ago quarter.

These increases were partially offset by (i) net fair value losses on personal and student loans driven by weighted average mark decreases ($708.1 million), primarily reflecting higher discount rates resulting from the increase in benchmark interest rates, the impact of which was offset by the gains on our interest rate swaps, (ii) net fair value losses on home loans driven by lower marks ($60.5 million) and (iii) net higher loan write-offs ($45.5 million) driven by balance sheet growth.

Nine Months. The increase in loan origination, sales, securitizations and servicing of $255.8 million, or 135%, for the nine months ended September 30, 2026 compared to the nine months ended September 30, 2025 was primarily driven by (i) gains ($1.2 billion) during the 2026 period compared to losses in the 2025 period on interest rate swaps we use to hedge the interest rate risk on our personal, student and home loans, as benchmark interest rates increased during period and (ii) higher origination fees ($279.9 million) primarily driven by increased loan originations compared to the year ago period.

These increases were partially offset by (i) net fair value losses on personal loans and student loans driven by weighted average mark decreases ($1.2 billion), primarily reflecting higher discount rates resulting from the increase in benchmark interest rates, the impact of which was offset by the gains on our interest rate swaps, (ii) net fair value losses on home loans driven by lower marks ($40.0 million) and (iii) net higher loan write-offs ($119.9 million) driven by balance sheet growth.

Technology Products and Solutions

Three Months. Technology products and solutions decreased by $34.0 million, or 38%, for the three months ended September 30, 2026 compared to the three months ended September 30, 2025. These results reflected the exit of a large client who fully transitioned off our platform in 2025.

Nine Months. Technology products and solutions decreased by $109.5 million, or 41%, for the nine months ended September 30, 2026 compared to the nine months ended September 30, 2025. These results reflected the exit of a large client who fully transitioned off our platform in 2025.

Loan Platform Fees and Related Servicing

Three Months. Loan platform fees and related servicing decreased by $14.5 million, or 9%, for the three months ended September 30, 2026 compared to the three months ended September 30, 2025. This was driven by a decrease in rates, partially offset by an increase of $422.7 million of Loan Platform Business originations.

Nine Months. Loan platform fees and related servicing increased by $42.9 million, or 11%, for the nine months ended September 30, 2026 compared to the nine months ended September 30, 2025. This was driven by an increase of $2.5 billion of Loan Platform Business originations.

The following table presents the components of noninterest income associated with our Loan Platform Business:

(1)Recorded within noninterest income—loan platform feesin the condensed consolidated statements of operations and comprehensive income, and the Financial Services reportable segment.

(2)Recorded within noninterest income—loan origination, sales, securitizations and servicingin the condensed consolidated statements of operations and comprehensive income, and the Lending reportable segment. Amounts reflect revenue from our servicing agreements on loans which we did not originate, excluding the impacts of changes in fair value inputs and assumptions on related servicing rights as they were immaterial for all periods presented.

Net crypto transaction revenue

Three Months. Net crypto revenue was $1.6 million for the three months ended September 30, 2026, driven by the launch of SoFi Crypto in the fourth quarter of 2025.

Nine Months. Net crypto revenue was $3.7 million for the nine months ended September 30, 2026, driven by the launch of SoFi Crypto in the fourth quarter of 2025.

Other

Three Months. Other noninterest income increased by $38.4 million, or 68%, for the three months ended September 30, 2026 compared to the three months ended September 30, 2025. The increase was driven by higher interchange income as a result of increased spending volumes across SoFi Money and Credit Card, higher brokerage income reflecting growing engagement and higher monetization, and SoFi Plus subscription revenue.

Nine Months. Other noninterest income increased by $111.5 million, or 77%, for the nine months ended September 30, 2026 compared to the nine months ended September 30, 2025. The increase was driven by higher interchange income as a result increased spending volumes across SoFi Money and Credit Card, and higher brokerage income reflecting growing engagement and higher monetization, and SoFi Plus subscription revenue.