Company research
SoFi Technologies, Inc.
CIK 1818874Updated Sep 24, 2026
SecuritySOFI · NASDAQ · equity
Historical securities (1)
SOFIW · NASDAQ · warrant · closed Dec 7, 2021Name history
Social Capital Hedosophia Holdings Corp. V · through May 28, 2021
SOFI price & chart
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NASDAQ:SOFI on TradingView ↗In the news
SoFi Technologies Investors Should Contact Block & Leviton to Possibly Recover Losses Through The Firm’s Investigation ↗
SOFI ALERT: Securities Fraud Investigation by Block & Leviton Could Allow SoFi Technologies Investors to Recover Losses ↗
Templum to Offer Premier Private Market Investment Opportunities in Perplexity AI, OpenAI, and Colossal Biosciences to SoFi Members ↗
Recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 50,660,478,000Source | 36,250,951,000Source | 30,074,858,000Source | 19,007,675,000Source |
| GoodwillUSD | 1,393,505,000Source | 1,393,505,000Source | 1,393,505,000Source | 1,622,991,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 231,919,000Source | 297,794,000Source | 364,048,000Source | 442,155,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 4,929,452,000Source | 2,538,293,000Source | 3,085,020,000Source | 1,421,907,000Source |
| Accounts Receivable | — | — | — | — |
| Operating Lease, Right-of-Use AssetUSD | 93,941,000Source | 81,219,000Source | 89,635,000Source | 97,135,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 40,170,983,000Source | 29,725,817,000Source | 24,519,872,000Source | 13,479,199,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 126,000Source | 109,000Source | 97,000Source | 93,000Source |
| Additional Paid in CapitalUSD | 11,302,668,000Source | 7,838,988,000Source | 7,039,987,000Source | 6,719,826,000Source |
| Retained Earnings (Accumulated Deficit)USD | -824,278,000Source | -1,305,598,000Source | -1,804,263,000Source | -1,503,521,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 10,979,000Source | -8,365,000Source | -1,209,000Source | -8,296,000Source |
| Stockholders' Equity Attributable to ParentUSD | 10,489,495,000Source | 6,525,134,000Source | 5,234,612,000Source | 5,208,102,000Source |
| Liabilities and EquityUSD | 50,660,478,000Source | 36,250,951,000Source | 30,074,858,000Source | 19,007,675,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 21,426,000Source | 20,164,000Source | 40,229,000Source | 56,482,000Source |
| Dividends PayableUSD | — | — | 0Source | — |
| Long-term DebtUSD | — | — | — | 5,485,882,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 234,151,000Source | 203,498,000Source | 201,416,000Source | 151,360,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 262,058,000Source | 246,152,000Source | 271,216,000Source | 305,994,000Source |
| Deferred Income Tax Expense (Benefit)USD | 16,188,000Source | -286,917,000Source | -15,828,000Source | -3,498,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -3,742,458,000Source | -1,119,807,000Source | -7,227,139,000Source | -7,255,858,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 0Source | 0Source | 72,301,000Source | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -6,719,107,000Source | -4,820,990,000Source | -1,889,864,000Source | -106,333,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 64,986,000Source | 22,601,000Source | 15,300,000Source | 8,983,000Source |
| Payments for Repurchase of Common StockUSD | — | — | 0Source | 0Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 13,109,333,000Source | 5,034,577,000Source | 10,885,602,000Source | 8,439,485,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 2,647,413,000Source | -906,218,000Source | 1,769,276,000Source | 1,077,865,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 5,356,773,000Source | 2,709,360,000Source | 3,615,578,000Source | 1,846,302,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 1,146,248,000Source | 1,118,032,000Source | 720,163,000Source | 150,866,000Source |
| Income Taxes Paid, NetUSD | 28,912,000Source | 26,910,000Source | 14,326,000Source | 2,567,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -355,000Source | 2,000Source | 677,000Source | 571,000Source |
| Additional Financial Items | ||||
| Accretion ExpenseUSD | — | — | — | 0Source |
| Share-based Payment Arrangement, ExpenseUSD | 262,058,000Source | 246,152,000Source | 271,216,000Source | 305,994,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 11,335,000Source | 13,478,000Source | 20,104,000Source | 18,292,000Source |
| Amortization of Intangible AssetsUSD | 74,579,000Source | 75,494,000Source | 104,919,000Source | 93,016,000Source |
| Capitalized Computer Software, AmortizationUSD | 6,917,000Source | 9,647,000Source | 4,246,000Source | 737,000Source |
| Dividends PayableUSD | — | — | 0Source | — |
| Fair Value, Option, Changes in Fair Value, Gain (Loss)USD | -2,097,000Source | -4,696,000Source | -2,969,000Source | -586,000Source |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | 30,319,000Source | 31,712,000Source | 54,945,000Source | 54,332,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | 62,517,000Source | 14,574,000Source | — |
| General and Administrative ExpenseUSD | 704,436,000Source | 600,089,000Source | 511,011,000Source | 501,618,000Source |
| GoodwillUSD | 1,393,505,000Source | 1,393,505,000Source | 1,393,505,000Source | 1,622,991,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 247,174,000Source | 0Source |
| Impairment of Intangible Assets, Finite-livedUSD | 0Source | 0Source | 0Source | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | 44,537,000Source | -265,320,000Source | -416,000Source | 1,686,000Source |
| Net Income (Loss) Attributable to ParentUSD | 481,320,000Source | 498,665,000Source | -300,742,000Source | -320,407,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 481,320,000Source | 479,136,000Source | -341,167,000Source | -360,832,000Source |
| Proceeds from Issuance of Common StockUSD | 3,185,618,000Source | — | — | 0Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 549,555,000Source | 807,804,000Source | 153,828,000Source | 15,240,000Source |
| Proceeds from Stock Options ExercisedUSD | 6,935,000Source | 21,407,000Source | 1,145,000Source | 2,610,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 619,353,000Source | 503,123,000Source | 421,454,000Source | 377,096,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 525,857,000Source | 233,345,000Source | -301,158,000Source | -318,721,000Source |
| Income Tax Expense (Benefit)USD | 44,537,000Source | -265,320,000Source | -416,000Source | 1,686,000Source |
| Net Income (Loss) Attributable to ParentUSD | 481,320,000Source | 498,665,000Source | -300,742,000Source | -320,407,000Source |
| Earnings Per Share, BasicUSD per share | 0.42Source | 0.46Source | -0.36Source | -0.4Source |
| Earnings Per Share, DilutedUSD per share | 0.39Source | 0.39Source | -0.36Source | -0.4Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 1,150,140,000Source | 1,050,219,000Source | 945,024,160Source | 900,886,113Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 1,251,767,000Source | 1,101,390,000Source | 945,024,160Source | 900,886,113Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 74,579,000Source | 75,494,000Source | 104,919,000Source | 93,016,000Source |
| Capitalized Computer Software, AmortizationUSD | 6,917,000Source | 9,647,000Source | 4,246,000Source | 737,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0Source | 0Source | — | — |
| Current Income Tax Expense (Benefit)USD | 28,349,000Source | 21,597,000Source | 15,412,000Source | 5,184,000Source |
| Fair Value, Option, Changes in Fair Value, Gain (Loss)USD | -2,097,000Source | -4,696,000Source | -2,969,000Source | -586,000Source |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | 30,319,000Source | 31,712,000Source | 54,945,000Source | 54,332,000Source |
| General and Administrative ExpenseUSD | 704,436,000Source | 600,089,000Source | 511,011,000Source | 501,618,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 247,174,000Source | 0Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 581,509,000Source | 292,326,000Source | -131,899,000Source | -299,751,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | 0Source | 0Source |
| Interest ExpenseUSD | — | — | 789,327,000Source | 189,275,000Source |
| InterestExpenseOperatingUSD | 1,156,243,000Source | 1,091,336,000Source | — | — |
| Interest Income (Expense), NetUSD | 2,218,956,000Source | 1,716,481,000Source | 1,261,740,000Source | 584,096,000Source |
| Interest Income, OperatingUSD | 3,375,199,000Source | 2,807,817,000Source | 2,051,067,000Source | 773,371,000Source |
| Interest Income, OtherUSD | 228,903,000Source | 205,829,000Source | 106,939,000Source | 13,867,000Source |
| Labor and Related ExpenseUSD | 1,142,145,000Source | 927,258,000Source | 894,720,000Source | 830,298,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 481,320,000Source | 479,136,000Source | -341,167,000Source | -360,832,000Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | — | — | 40,425,000Source | 40,425,000Source |
| Research and Development ExpenseUSD | 648,332,000Source | 551,787,000Source | 511,419,000Source | 405,257,000Source |
| Selling and Marketing ExpenseUSD | 1,095,412,000Source | 796,293,000Source | 719,400,000Source | 617,823,000Source |