SoFi Technologies, Inc. SOFI

Financials SIC 6199 - Finance Services NAICS Finance and Insurance › Securities, Commodity Contracts, and Other Financial Investments and Related Activities › Other Financial Investment Activities derived Nasdaq

We are a mission driven company designed to help our members achieve financial independence in order to realize their ambitions. To us, financial independence does not mean being wealthy, but rather represents the ability of our members to have the financial means to achieve their personal objectives at each stage of life, such as owning a home, having a family, or having a career of their choice — more simply stated, to have enough money to do what they want. We were founded in 2011 and have developed a suite of financial products that offers the speed, selection, content and convenience that only an integrated digital platform can provide. In order for us to achieve our mission, we have to help people get their money right, which means providing them with the ability to borrow better, save better, spend better, invest better and protect better. Everything we do today is geared toward helping our members "Get Your Money Right" and we strive to innovate and build ways for our members to achieve this goal.

Last close 14.62 2026-10-23
Market cap $18.88B 2026-06-30 share count
52-week range 13.86 - 32.73

Valuation FY2025 figures against the last close

P/S30.5x
P/E37.5x
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS0.39

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Revenue $619.4M$503.1M$421.5M$377.1M$247.7M$103.3M$4.5M—
Cost of revenue $609.0M$461.6M$380.0M$313.2M$257.0M$178.9M$116.3M—
Gross profit $10.4M$41.5M$41.5M$63.9M-$9.3M-$75.6M-$111.8M—
R&D $648.3M$551.8M$511.4M$405.3M$276.1M$201.2M$147.5M—
SG&A $704.4M$600.1M$511.0M$501.6M$498.5M$237.4M$152.3M—
Interest expense $2.22B$1.72B$1.26B$584.1M$102.8M$185.6M$278.4M—
Pre-tax income $525.9M$233.3M-$301.2M-$318.7M-$481.2M-$328.5M-$239.6M—
Income tax $44.5M$265.3M$416.0K$1.7M$2.8M$104.5M$98.0K—
Net income $481.3M$498.7M-$300.7M-$320.4M-$483.9M-$224.1M-$239.7M—
EPS, basic 0.420.46-0.36-0.40-1.00-4.30-4.02—
EPS, diluted 0.390.39-0.36-0.40-1.00-4.30-4.02—
Shares, diluted (wtd. avg.) 1.25B1.10B945.0M900.9M526.7M73.9M65.6M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Cash and equivalents $4.93B$2.54B$3.09B$1.85B$768.4M$1.32B$690.2M$537.0M
Total current assets —————$1.1M——
Goodwill $1.39B$1.39B$1.39B$1.62B$898.5M$899.3M$15.7M—
Other intangibles $231.9M$297.8M$364.0M$442.2M$284.6M$355.1M——
Total assets $50.66B$36.25B$30.07B$19.01B$9.18B$8.56B——
Total current liabilities —————$183.4K——
Long-term debt ———$5.49B$3.95B$4.80B——
Total liabilities $40.17B$29.73B$24.52B$13.48B$4.48B$5.51B——
Retained earnings -$824.3M-$1.31B-$1.80B-$1.50B-$1.18B-$699.2M——
Total equity $10.49B$6.53B$5.23B$5.21B$4.38B-$120.1M-$339.1M-$68.4M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Operating cash flow -$3.74B-$1.12B-$7.23B-$7.26B-$1.35B-$479.3M-$54.7M—
Depreciation and amortisation $234.2M$203.5M$201.4M$151.4M$101.6M$69.8M$16.0M—
Stock-based compensation $262.1M$246.2M$271.2M$306.0M$239.0M$99.9M$60.9M—
Capital expenditure $242.4M$154.3M$111.4M$93.2M$52.3M$24.5M$37.6M—
Investing cash flow -$6.72B-$4.82B-$1.89B-$106.3M$110.2M$258.9M$114.9M—
Financing cash flow $13.11B$5.03B$10.89B$8.44B$685.0M$853.8M$93.1M—
Buybacks ——$0$0$526.0K$40.0K$8.8M—

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001818874-26-000032.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -500M 0 500M 1B Revenue, FY2019: 4.5M Gross profit, FY2019: -111.8M Net income, FY2019: -239.7M Revenue, FY2020: 103.3M Gross profit, FY2020: -75.6M Net income, FY2020: -224.1M Revenue, FY2021: 247.7M Gross profit, FY2021: -9.3M Net income, FY2021: -483.9M Revenue, FY2022: 377.1M Gross profit, FY2022: 63.9M Net income, FY2022: -320.4M Revenue, FY2023: 421.5M Gross profit, FY2023: 41.5M Net income, FY2023: -300.7M Revenue, FY2024: 503.1M Gross profit, FY2024: 41.5M Net income, FY2024: 498.7M Revenue, FY2025: 619.4M Gross profit, FY2025: 10.4M Net income, FY2025: 481.3M FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — $4.5M $103.3M $247.7M $377.1M $421.5M $503.1M $619.4M
Gross profit — -$111.8M -$75.6M -$9.3M $63.9M $41.5M $41.5M $10.4M
Net income — -$239.7M -$224.1M -$483.9M -$320.4M -$300.7M $498.7M $481.3M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Other event Item 8.01
  • Other event Item 8.01
  • Officer or director change Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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