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

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SG&A

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EBITDA

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Minority interest

Total liabilities & equity

Total debt

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Book value per share

Cash from operations

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Change in working capital

Cash from investing

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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.

The company has more than a few levers it can pull for growth.

1 Wall Street Analyst Thinks SoFi Stock Is Going to $13. Is It a Buy?

SoFi Technologies exceeded profit expectations in 3Q24, gaining 756,000 new members and raising its EBITDA forecast for the third time. The Financial Services segment grew its contribution profit by nearly 3,000% YoY and saw a 66% increase in net interest income. Although SoFi's forward profit multiple is high at 38.4x, the fintech's strong growth profile, with anticipated profit growth of 145% YoY next year, justifies this valuation.

SoFi: Firing On All Cylinders

SoFi Technologies (SOFI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why SoFi Technologies (SOFI) Might be Well Poised for a Surge

Cathie Wood has quietly built a large position in fintech darling SoFi Technologies.

1 Cathie Wood Stock to Buy Right This Instant That Has 36% Upside, According to Wall Street

This hot fintech stock was nearly cut in half after its public debut.

SoFi Technologies Stock: Buy, Sell, or Hold?

PayPal

SoFi or PayPal? Why Not Own Both Today?

SoFi Technologies' transition from an online banking company to a fintech firm, bolstered by acquisitions like Galileo and Technisys, positions it for significant growth opportunities. Its potential as a fintech company could lead to higher valuations based on tech-centric metrics. Risks include competition from other fintechs and traditional banks and the market potentially valuing SoFi as an online loan company if fintech diversification efforts falter.

The Fintech Shift: Why SoFi Technologies Is Poised For Growth

This excellent stock has a long growth runway, and it's sustainably profitable.

The Ultimate Growth Stock to Buy With $500 Right Now

The financial services company is expanding the services it offers, which is creating more value for customers.

Great News for SoFi Stock Investors!

Shares of SoFi fell yesterday after the company reported earnings.

Why Shares of SoFi Rebounded Today

SoFi Technologies Inc SOFI stock is trading higher after Needham analyst Kyle Peterson maintained a Buy rating and raised its price target from $10 to $13.

SoFi Impresses With Q3 Beat And Upgraded Guidance, Analysts Boost Price Forecasts On Loan Momentum

The online bank performed well, but that didn't stop the stock market from knocking it down.

SoFi Technologies Stock Fell Despite Outstanding Results. Is It a Bargain Now?

Financial services are becoming a massive business for SoFi, but that's not the only growing segment.

SoFi's Amazing Results Can't Stop Stock Drop

The financial services company is relieved that macroeconomic growth is much better than feared in 2024.

Should Investors Buy SoFi Stock on the Dip?

SoFi Technologies' cross-selling continues, and certain trends seem well in place as the interest rate environment becomes more benign. Members are accessing more products across the company's platform, and momentum in SoFi Money deposits continues to be underpinned by direct deposit members.

SoFi Money Accounts Surge 54% as Monetization Across All Products Continues

Earlier this morning, SoFi Technologies, Inc. reported strong Q3 2024 results, beating top and bottom-line estimates, and raised FY2024 guidance. Yet, the stock dropped over 10%. However, given SoFi's robust business fundamentals and attractive valuation, the classic post-ER price dip in SOFI stock is a buying opportunity for long-term investors. In this report, I share my analysis of SoFi's Q3 2024 report, and our updated valuation on this emerging fintech giant.

SoFi: The Customary Earnings Dip Is A Buying Opportunity

SoFi Technologies, Inc.'s recent earnings beat and strong Q3 performance, with $697 million in revenue and $0.05 GAAP EPS, highlight its growth potential. Despite a 10% stock drop post-earnings, SoFi's 40% six-month rally and robust financial services growth make it a compelling long-term buy. SoFi's shift to a capital-light, fee-based model and expected rate cuts will enhance profitability and loan book spreads.

SoFi Technologies Q3: Market Is Dead Wrong, Perfect Stock For Rate Cuts

Given the recent surge in SOFI shares, we evaluate the stock's current position to determine how to play it now.

SoFi Technologies Stock Rises 42% in a Month: Buy, Hold, or Sell?

SoFi Technologies, Inc. (NASDAQ:SOFI ) Q3 2024 Earnings Conference Call October 29, 2024 8:00 AM ET Company Participants Maura Cyr - IR Anthony Noto - CEO Chris Lapointe - CFO Conference Call Participants Dan Dolev - Mizuho Terry Ma - Barclays John Hecht - Jefferies Jeff Adelson - Morgan Stanley Kyle Peterson - Needham and Co. Mihir Bhatia - Bank of America Peter Christiansen - Citigroup Jill Shea - UBS Operator Good morning or good afternoon, all. My name is Adam, and I'll be your conference operator today.

SoFi Technologies, Inc. (SOFI) Q3 2024 Earnings Call Transcript

Despite the tough macro environment, this "bank stock" performs flawlessly.

Why Is SoFi Stock Plummeting Today?

SoFi stock retreated after the company posted strong result, but an analyst said key segment revenue growth was weak.

SoFi Stock Tumbles Despite Strong Results, Outlook

SoFi Technologies' shares dipped by as much as 11% on Tuesday morning open despite reporting impressive earnings before beginning to pare losses, as experts attributed the dip to a breather in the rally that the stock has witnessed heading into earnings.

Why did SoFi shares slide 11% despite reporting impressive quarterly earnings?

SoFi Technologies, Inc. reported strong Q3 earnings, beating revenue and EPS estimates, and raised its guidance for the year, indicating continued operational progress. Revenue growth was driven by the Financial Services and Tech Platforms segments, with Financial Services revenue up 102%, showcasing excellent scalability and efficient operations. Despite a 35% increase in member count, revenue per member declined slightly, but overall business growth remains strong with tight cost controls and innovative offerings.

SoFi Q3 Earnings: Excellent Growth

Why SoFi Technologies Stock Crashed 12.5% After Earnings

PayPal Holdings Inc  (NASDAQ:PYPL) and SoFi Technologies Inc (NASDAQ:SOFI) are fresh out of the earnings confessional.

News for SoFi Technologies Stock (SOFI)