Members

Revenue segments as reported by the company.

Lending

Technology Platform

Financial Services

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Technology and product development

Sales and marketing

Cost of operations

General and administrative

Provision for credit losses

Goodwill impairment

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

SoFi Technologies

SoFi Technologies, Inc. operates as a financial technology company. The Company offers financial services platform for borrowing, saving, spending, and investing. SoFi Technologies serves customers in the United States.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

SoFi reports record Q4 earnings, poised for continued growth

SoFi's exceptional performance in 2022, strong balance sheet, and strategic growth initiatives position the company for continued success.
While facing challenges such as market uncertainties and operational transitions, SoFi's focus on quality, growth, and innovation drives opportunities for expansion.
With a positive outlook for 2023, SoFi's emphasis on financial milestones, client relationships, and product diversification sets a solid foundation for future growth.
The company's achievements over the past five years reflect a commitment to excellence and innovation, reinforcing its position in the digital financial services sector.

SoFi Technologies excels in Q1, eyes growth in student loans

SoFi Technologies reported a stellar Q1 performance with record revenue and positive GAAP net income, driven by strong growth in key segments.
While facing challenges in managing loan margins and loss expectations, SoFi is well-positioned to capitalize on opportunities in product expansion and the student loan market.
Overall, SoFi's performance reflects operational excellence, financial strength, and a strategic focus on enhancing member experience and financial outcomes.

SoFi reports record Q2 earnings, eyes sustained growth opportunities

SoFi's Q2 performance reflects strong financial metrics, member growth, and revenue diversification, underlining a resilient business model.
While facing challenges in market dynamics and regulatory changes, SoFi's strategic focus on growth areas and operational efficiency presents opportunities for sustained success.
The earnings call highlighted SoFi's commitment to innovation, customer-centric strategies, and team-driven success, positioning the company for continued growth and market leadership.

SoFi reports record Q3 revenue and member growth, eyes profitability

SoFi's Q3 performance showcased strong revenue growth, improved margins across all segments, and significant member and product expansion. The company is focused on driving profitability, sustaining growth momentum, and capitalizing on opportunities in the financial services sector.

SoFi Technologies reports robust 2023 performance and eyes growth opportunities

SoFi Technologies delivered a strong performance in 2023, achieving profitability, robust member growth, and revenue diversification across its segments.
While facing challenges such as potential increased losses and marketing spend limitations, the company is well-positioned to capitalize on opportunities in loan demand and revenue growth.
By focusing on credit underwriting adjustments, margin expansion, and monitoring economic conditions, SoFi aims to maintain its competitive edge and drive long-term profitability.
Overall, SoFi's strategic investments in the Tech Platform and commitment to financial strength underscore its resilience and growth potential in the digital financial services landscape.

SoFi Technologies excels in Q1 2024, eyes growth opportunities

SoFi Technologies reported robust financial performance in Q1 2024, driven by strong revenue growth, member expansion, and positive contributions from various business segments. While facing challenges in the Lending segment, the company is well-positioned to capitalize on opportunities in deposit growth, brand awareness, and Credit Card business.

SoFi Technologies reports stellar Q2 results, eyes diversification for growth

SoFi Technologies had a standout Q2, demonstrating robust financial performance, strong member growth, and revenue records in key segments. While facing potential challenges in loan loss assumptions, the company is optimistic about its future prospects and growth opportunities.

SoFi reports record Q3 revenue, eyes growth in key sectors

SoFi Technologies demonstrated exceptional performance in Q3 2024, achieving record revenue and profitability milestones while focusing on innovation and customer acquisition.
The company's strengths lie in its robust revenue growth, expanding customer base, and strategic initiatives to drive sustained growth across key business segments.
Challenges include maintaining growth momentum, optimizing key business areas, and navigating external factors that could impact performance and profitability.
Amidst challenges, SoFi has ample opportunities to capitalize on key growth areas, drive innovation, and solidify its position in the competitive financial services landscape.

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Cost of revenue

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SG&A

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EBITDA

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Minority interest

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Change in stock

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Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

SoFi Technologies, Inc. is a financial service platform, which engages in the provision of student loan refinancing options to the private student loan market. It offers home loans, personal loans, and credit cards. It operates through the following segments: Lending, Technology Platform, and Financial Services. The Lending segment includes personal loan, student loan, home loan products, and related servicing activities. The Technology Platform segment focuses on technology products and solutions revenue. The Financial Services segment includes the SoFi Money product, SoFi Invest product, SoFi Credit Card product, SoFi Relay personal finance management product, and other financial services such as lead generation and content for other financial services institutions. The company was founded in 2011 and is headquartered in San Francisco, CA.

Social Capital Hedosophia Holdings Corp. V

Online finance company SoFi will offer its customers the ability to invest in initial public offerings before trading begins, an option traditionally reserved for large institutional investors. The post SoFi Breaks New Ground By Offering IPO Investing To Retail Investors appeared first on Investor's Business Daily.

SoFi Breaks New Ground By Offering IPO Investing To Retail Investors

One of the big knocks on traditional IPOs has been the lack of access that retail investors have. That process could change with SoFi announcing plans to give its customers access to IPOs early.

SoFi Offers Customers Early Access To IPOs: What Investors Should Know

Financial technology firm SoFi announced on Friday that it will be allowing its users to directly invest into initial public offerings, an opportunity usually reserved for institutional investors.  Retail traders at present are not able to buy stocks of newly listed companies until they start trading, unlike Wall Street investors or high net-worth individuals. SoFi's new initiative will be considered a win for retail traders as shares often trade higher when they debut in what is commonly known as a first-day pop.

Fintech firm SoFi to allow users to buy directly into IPOs

A pair of fintech companies plan to bring real IPO investing to the masses.

Want to Buy the Hottest IPOs? It's About to Get Much Easier

The online finance startup SoFi is bucking Wall Street tradition by giving amateur investors an easier way to purchase shares in companies as they go public. As CNBC reported on Friday (March 26), these shares are traditionally reserved for institutional investors or people who boast a high net-worth, leaving retail investors paying substantially higher prices […]

SoFi Offers Amateur Investors Early IPO Access

Online finance start-up SoFi is lowering the barrier for amateur investors to buy shares of companies as they goes public.

SoFi to give amateur investors early access to IPOs in break from Wall Street tradition

SAN FRANCISCO--(BUSINESS WIRE)--SoFi announced today that it will be offering its members the ability to invest in IPOs for companies going public.

SoFi to Break Down the Barriers and Offer Members Early Access to IPOs

The fintech startup is set to go public within months. Should you invest?

Will SoFi Be a Long-Term Winner for SPAC Investors?

LendingClub

Both fintechs are big consumer lenders and have already secured or are securing a bank charter.

Better Buy: SoFi vs. LendingClub

After beginning as a student-loan platform, Social Finance Inc., better known as SoFi, is aiming to be a hub for all things personal finance as it heads for the public markets.

IPO Report: Five things to know about SoFi as it goes public

SoFi will likely be able to operate with a banking charter later this year. While it's not a traditional bank, it will have a lot of attractive banking characteristics.

SoFi Gets Intriguing When You Look at It Like a Bank Stock

SoFi is buying a bank. The acquisition of Golden Pacific Bancorp will speed up SoFi's application for a national bank charter.

SoFi: Fintech Goes Traditional With A National Bank Charter

The US-based alt lender is acquiring Golden Pacific Bancorp Inc., a California community lender, for $22 million to become a nationally chartered bank, The Wall Street Journal  reports . Upon receiving regulatory approval for the Golden Pacific purchase, SoFi will contribute an additional $750 million into the bank to further drive Golden Pacific's national and digital expansion. The pending transaction follows SoFi's January 2021  announcement  that it will go public later in Q1—through which it expects to raise up to $2.4 billion in cash proceeds. The alt lender is wasting no time bolstering its current banking offering in the interim,  launching  its first ever credit card yesterday as well.

Why SoFi's bank buy might rewrite the bank charter playbook for fintechs

Fintech company SoFi announced an acquisition on Tuesday that could help its growth road map for the future.  What Happened: SoFi, which is merging with Social Capital Hedosophia Holdings VCorp (NYSE: IPOE), announced Tuesday it is acquiring Golden Pacific Bancorp (OTC: GPBI).

Why SoFi Acquiring A Bank Is Important For Investors

"When we have a bank charter, we'll be able to determine what interest rate that we want to provide," SoFi CEO Anthony Noto told CNBC.

SoFi CEO promises higher interest rates for users as fintech firm pushes to become a bank

SoFi, more formally known as Social Finance, announced today that it has agreed to acquire Golden Pacific Bancorp (GPB) for about $22.3 million. The dollar amount is not staggering.

SoFi acquires community bank Golden Pacific Bancorp to speed up its national bank charter process

The soon-to-be-public fintech just made a significant acquisition and investment in the banking space.

SoFi Has Big Banking Ambitions -- and Is Committing $750 Million to Them

The SPAC's acquisition target just gave investors some exciting news.

Here's Why This Chamath Palihapitiya SPAC Is Soaring Today

FinTech startup Social Finance (SoFi) is acquiring Golden Pacific Bancorp (GPB), a community bank in Sacramento, California, for $22.3 million. “We believe that by pursuing a national bank charter, we will be able to help even more people get their money right with enhanced value and more products and services,” Anthony Noto, CEO of SoFi, […]

SoFi Signs $22.3 Million Acquisition Deal For Golden Pacific Bank

Social Finance Inc. plans to acquire a small community bank as it seeks to "accelerate" its own process of obtaining a bank charter.

SoFi plans to acquire community bank to speed up bank-charter process

SoFi recently signed a definitive agreement to go public with Chamath Palihapitiya's SPAC. The deal values the company at $8.65 billion.

SoFi: A Growing Fintech Company

The stock price of Social Capital Hedosophia Holdings VCorp (NYSE: IPOE) increased over 50% this past week as the stock price went from $12.30 as of January 4 morning to $18.67 (as of 12:09 PM today). This is why it happened.

IPOE Stock Price Increased Over 50% This Past Week: Why It Happened

Six years ago I invested in SoFi. Now that it's poised to go public, I'm in no hurry to sell

3 Reasons To Buy SoFi Stock After Its SPAC IPO

On Thursday, Social Finance, Inc. (“SoFi”), a leading next-generation financial services platform, entered into a definitive agreement with Social Capital Hedosophia Holdings Corp. V (“SCH”) (NYSE: IPOE), a publicly-traded special purpose acquisition company, to bring a major consumer-focused financial technology business to the public markets. The transaction values the Company at an equity value of [.

SoFi Becoming Publicly-Traded via Merger with Social Capital Hedosophia

SoFi agrees to a business combination with the Chamath SPAC IPOE. The fintech forecasts 2021 revenue of $990 million.

News for SoFi Technologies Stock (SOFI)