SOFI
SoFi Technologies Inc.
NASDAQ: SOFI · FINANCIAL SERVICES · CREDIT SERVICES
$15.53
-15.44% today
Updated 2026-04-29
Market cap
$19.89B
P/E ratio
34.50
P/S ratio
5.09x
EPS (TTM)
$0.45
Dividend yield
—
52W range
$12 – $33
Volume
66.9M
SoFi Technologies Inc. (SOFI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $824.63M | $599.95M | $442.66M | $751.14M | $1.09B | $1.76B | $2.05B | $2.61B | $4.77B |
| Revenue growth (YoY) | — | -27.2% | -26.2% | +69.7% | +44.8% | +62.1% | +16.4% | +27.4% | +82.6% |
| Cost of revenue | $152.21M | $330.55M | $279.74M | $185.61M | $110.35M | $243.61M | $1.09B | $-30.80M | $1.49B |
| Gross profit | $506.71M | $269.40M | $442.66M | $565.53M | $977.30M | $1.52B | $2.05B | $2.61B | $3.28B |
| Gross margin | 61.4% | 44.9% | 100.0% | 75.3% | 89.9% | 86.2% | 100.0% | 100.0% | 68.7% |
| R&D | $68.26M | $99.32M | $147.46M | $201.20M | $276.09M | $405.26M | $511.42M | $551.79M | $648.33M |
| SG&A | $131.20M | $121.95M | $152.28M | $237.38M | $498.53M | $501.62M | $511.01M | $600.09M | $704.44M |
| Operating income | $57.63M | $-253.36M | $-239.60M | $-328.52M | $-481.18M | $-318.72M | $-300.33M | $859.65M | $1.68B |
| Operating margin | 7.0% | -42.2% | -54.1% | -43.7% | -44.2% | -18.1% | -14.6% | 32.9% | 35.3% |
| EBITDA | $65.78M | $-242.44M | $-223.64M | $-258.69M | $-379.61M | $-167.36M | $-300.33M | $436.84M | $1.92B |
| EBITDA margin | 8.0% | -40.4% | -50.5% | -34.4% | -34.9% | -9.5% | -14.6% | 16.7% | 40.2% |
| EBIT | $57.63M | $-253.36M | $-239.60M | $-328.52M | $-481.18M | $-318.72M | $-300.33M | $233.34M | $1.68B |
| Interest expense | $0.00 | $330.55M | $278.36M | $185.61M | $102.78M | $189.28M | $789.33M | $1.09B | $1.16B |
| Income tax | $311000.00 | $-958000.00 | $98000.00 | $-104.47M | $2.76M | $1.69M | $416000.00 | $265.32M | $44.54M |
| Effective tax rate | 0.6% | 0.4% | -0.0% | 31.8% | -0.6% | -0.5% | -0.1% | 34.7% | 8.5% |
| Net income | $49.77M | $-252.40M | $-239.70M | $-224.05M | $-483.94M | $-320.41M | $-300.74M | $498.67M | $481.32M |
| Net income growth (YoY) | — | -607.1% | +5.0% | +6.5% | -116.0% | +33.8% | +6.1% | +265.8% | -3.5% |
| Profit margin | 6.0% | -42.1% | -54.1% | -29.8% | -44.5% | -18.2% | -14.7% | 19.1% | 10.1% |