SoFi Technologies SOFI financials
Payments & Fintech ยท Statements and segments from its SEC filings, 2019 to 2025.
SoFi Technologies revenue, gross and operating margin, net income, free cash flow, cash and debt by quarter and by fiscal year, and revenue by segment, read from the company's own filings with the US Securities and Exchange Commission. Free to everyone; the Risk & Quality report that scores the company is the paid step.
- revenue by segment: Lending, Technology Platform, Financial Services, Other / unallocated
- revenue by region: United States, All foreign countries
The numbers
Annual figures
| Line | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| 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 |
| EPS (diluted) | -$4.02 | -$4.30 | -$1.00 | -$0.40 | -$0.36 | $0.39 | $0.39 |
| Operating cash flow | -$54.7M | -$479.3M | -$1.4B | -$7.3B | -$7.2B | -$1.1B | -$3.7B |
| Free cash flow | -$92.3M* | -$503.9M* | -$1.4B* | -$7.3B* | -$7.3B* | -$1.3B* | -$4B* |
| Cash & equivalents | $499.5M | $872.6M | $494.7M | $1.4B | $3.1B | $2.5B | $4.9B |
| Total debt | - | $4.8B | $3.9B | $5.5B | - | - | - |
| Gross margin | -2473.6% | -73.1% | -3.7% | 16.9% | 9.8% | 8.2% | 1.7% |
| Net margin | -5303.0% | -216.8% | -195.4% | -85.0% | -71.4% | 99.1% | 77.7% |
Latest quarters
| Line | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $131.2M | $135.5M* | $140.4M | $151.9M | $156.8M | $170.3M* | $129.5M | $153.6M |
| Gross profit | $7.5M* | $7.4M* | $4.9M* | $1.5M* | -$4.6M* | $8.7M* | -$41.6M* | -$46.6M* |
| Net income | $60.7M | $332.5M* | $71.1M | $97.3M | $139.4M | $173.5M* | $166.7M | $156.6M |
| EPS (diluted) | $0.05 | $0.31* | $0.06 | $0.08 | $0.11 | $0.14* | $0.12 | $0.12 |
| Operating cash flow | -$1.2B* | -$200.1M* | $21.5M | -$1.5B* | -$1.3B* | -$991.2M* | -$2.3B | -$3.9B* |
| Free cash flow | -$1.2B* | -$242.4M* | -$31.1M* | -$1.5B* | -$1.4B* | -$1.1B* | -$2.4B* | -$4B* |
| Cash & equivalents | $2.4B | $2.5B | $2.1B | $2.1B | $3.2B | $4.9B | $3.4B | $3.1B |
| Gross margin | 5.7% | 5.4% | 3.5% | 1.0% | -3.0% | 5.1% | -32.1% | -30.3% |
| Net margin | 46.3% | 245.4% | 50.7% | 64.0% | 88.9% | 101.9% | 128.7% | 102.0% |
Revenue by segment
| Line | FY2023* | FY2024 | FY2025 |
|---|---|---|---|
| Lending | $1.4B | $1.5B | $1.8B |
| Technology Platform | $324M | $351.7M | $360.8M |
| Financial Services | $97.5M | $151.4M | $258.6M |
| Other / unallocated | $330.7M* | - | - |
Not all revenue is allocated to a segment; the parts add up to less than the total.
Revenue by region
| Line | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| United States | $564.8M | $981.7M | $1.5B | $2B | $2.6B | $3.4B |
| All foreign countries | $781K | $3.2M | $68.9M | $94.7M | $98.4M | $248.7M |
* derived: a fourth quarter as the year less the three filed quarters, or a remainder as the total less the parts. All other figures are as filed.
About this page
Every figure on this page is read from SoFi Technologies's own SEC filings: the statement lines from the SEC's XBRL company-facts feed, the revenue splits from the segment and revenue notes of each 10-K and 10-Q. Nothing is typed in or estimated. The cache refreshes daily.
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