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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

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.

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The stock market can feel like easy money when every investment rises. However, the stock market is volatile and periodically goes through sharp corrections.

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SoFi Technologies (SOFI) shares plunged Monday after the financial tech (fintech) firm gave worse-than-expected current quarter guidance and called 2024 a period of change.

SoFi Technologies Stock Falls 10% Following Weak Guidance

Investors in SoFi Technologies (NASDAQ: SOFI ) have certainly had it rough over the past year. Shares of SOFI stock are down more than 25% year-to-date (YTD), vastly underperforming most of the firm's tech peers.

Why Is SoFi (SOFI) Stock Down 10% Today?

SoFi reported earnings this morning -- twice as much as expected. Investors are worried about Q2 growth predictions, but full-year sales and earnings growth look solid.

Why SoFi Technologies Stock Dropped 10% on Earnings Monday

SoFi Technologies Inc. NASDAQ: SOFI posted solid first quarter numbers and raised its full-year 2024 guidance. But you wouldn't know that by looking at SOFI stock.

What Bulls and Bears May Be Getting Wrong about SOFI Stock

SoFi Technologies, Inc (NASDAQ:SOFI ) Q1 2024 Earnings Call Transcript April 29, 2024 8:00 AM ET Company Participants Maura Cyr - IR Anthony Noto - CEO Christopher Lapointe - CFO Conference Call Participants John Hecht - Jefferies Mark Devries - Deutsche Bank Dan Dolev - Mizuho Kyle Peterson - Needham & Company Reginald Smith - J.P. Morgan Peter Christiansen - Citigroup Jeffrey Adelson - Morgan Stanley Mihir Bhatia - Bank of America Terry Ma - Barclays Jill Shea - UBS Operator Good morning.

SoFi Technologies, Inc (SOFI) Q1 2024 Earnings Call Transcript

SoFi Technologies' latest quarterly earnings results released Monday (April 29) showed a surge in direct deposit activity — and that more customers are using SoFi Money accounts for those direct deposits. CEO Anthony Noto observed on a conference call with analysts that total deposits were up 16% year over year during the first quarter to $21.6 billion.

SoFi Deposits Grow 16% Over Last Year Amid ‘Cross-Buy' Opportunities

Fintech name SoFi Technologies Inc  (NASDAQ:SOFI) reported first-quarter adjusted earnings and revenue of 2 cents per share and $581 million, respectively, both of which beat Wall Street estimates.

Fintech Stock Falls Despite Upbeat Earnings

SoFi (NASDAQ: SOFI ) stock is one of the top-trending tickers today after reporting its first-quarter results this morning. While it was up slightly in pre-market trading, it cratered down about 10% after the opening bell.

SoFi Just Delivered Its Second Consecutive Profitable Quarter. Watch SOFI Stock

SoFi Technologies Inc. on Monday reported a profit beat for the latest quarter while boosting its full-year outlook.

SoFi rides surge in home-loan originations to a profit beat, and its stock gains

SoFi Technologies Inc is up 6.0% on Monday after reporting market-beating financial results for its first quarter.  SoFi stock pops on upbeat future guidance Investors are cheering also because the personal finance company issued upbeat guidance for the future.

SoFi reports a strong Q1 and raises full-year guidance

SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, reported financial results today for its first quarter ended March 31, 2024. Anthony Noto, CEO of SoFi Technologies, Inc. commented: “Our first quarter was an exceptionally strong start to 2024, demonstrating significant momentum as we responsibly grow revenue and diversify toward our Financ.

SoFi Technologies Reports Q1 2024 Net Revenue of $645 Million and Net Income of $88 Million, Marking Second Consecutive Quarter of GAAP Profitability

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SoFi is modernizing banking by building an entirely digital platform. The company is profitable, and management is calling for steady top- and bottom-line growth for the next several years.

Can SoFi Stock Help You Retire a Millionaire?

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SoFi Technologies (NASDAQ: SOFI ) stock has failed to rebound. While the Nasdaq and S&P500 enjoyed a great rally at the end of Q1, SOFI shares had plummeted 26.6% over the same period.

Don't Be Fooled by the Q2 Bounce, 3 Reasons Why SOFI Stock Is NOT a Buy

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Given the better-than-expected macroeconomic conditions to start 2024, SoFi could revise forecasts higher.

Should You Buy SoFi Stock Before Earnings?

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SoFi Technologies (NASDAQ: SOFI ) stock is up 32% on the year. The company projected net income of $95-105 million for 2024, driven by the end of the student loan moratorium which boosted loan repayments.

SoFi Stock: The Smart Play for Investors Seeking the Next Fintech Gem?

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We expect SoFi Technologies (SOFI) to report strong top and bottom lines in the first quarter of 2024.

Should You Buy SoFi Technologies (SOFI) Ahead of Q1 Earnings?

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As long as the business and management execute, the stock will follow.

News for SoFi Technologies Stock (SOFI)