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.

Robinhood

PayPal

Financial technology has taken the world by storm as one of the most important sectors of the economy. With the adoption of artificial intelligence (AI) and innovation in technology, the fintech sector is expanding at a rapid pace.

Budget Buys: 3 Under-$100 Fintech Stocks Fueling Digital Finance

SoFi Technologies Inc.'s stock continues to find defenders in the wake of the financial-technology company's capital-raise announcement last week.

Why this SoFi bull spies ‘opportunity in others' fear'

Apple

Block

The fintech sector saw top plays go down ahead of the 2022 market selloff that hit the technology sector quite hard. You could say the fintech pure-plays were the tech-driven early warning signs, as rate fears started to drag share prices of top technological innovators lower.

3 Stocks to Buy Before the Fintech Sector Starts to Sizzle Again

When considering a long-term framework, there's a lot to like about online personal finance company SoFi Technologies (NASDAQ: SOFI ). Throughout 2023, the company's brand equity has steadily grown among U.S. adults.

SoFi's Near-Term Nightmare: Can the Fintech Darling Weather the Storm?

PagerDuty

Unisys

In the stock market, giant companies dominate mainstream attention. However, hidden stocks, similar to treasures, wait to be unearthed.

3 Hidden Stocks Under $15 Poised to Transform $10,000 into $100,000

Shares of SoFi (NASDAQ: SOFI ) stock are in focus after Piper Sandler analyst Kevin Barker lowered his price target to $8 from $8.50 while maintaining a “neutral” rating. The analyst made the change after analyzing SoFi's Form 10-K and management commentary.

Piper Sandler Just Cut Its Price Target on SOFI Stock

Pinterest

Roku

ARK Innovation (NYSEARCA: ARKK ) has been selling some of its Cathie Wood stocks. Robust earnings boosted valuations to record highs.

3 Beaten-Down Cathie Wood Stocks Worth Betting On in March

SoFi's Financial Services segment has reached escape velocity, with revenue growth and operating leverage leading to a jump in profitability. The company's lending business still generates the majority of profits, but the Financial Services segment is growing rapidly and contributing to profits. SoFi's deposit growth provides a significant funding advantage over other fintech companies and traditional banks.

SoFi Shifts Gears

Amazon

Chevron

Microsoft

NVIDIA

Palantir Technologies

Holding a stock for a decade can generate impressive returns for you, but what if I told you some stocks can generate a decade's worth of returns in a year? The stock market is hitting new highs, and the Nasdaq is on a rally.

7 Stellar Stock Picks to Generate a Decade Worth of Returns in One Year

SoFi Technologies Inc.'s bid to raise capital sparked a record one-day selloff in its shares earlier this week. But what if Wall Street was misunderstanding the impact of that financial move?

SoFi's stock had a historic drop earlier this week. What if it was misguided?

Adyen NV

Global Payments

Nu Holdings

Visa

Fintech companies are spearheading a revolutionary shift in their niche, employing advanced technologies such as artificial intelligence to redefine security and efficiency. Businesses in the fintech space are becoming the go-to over traditional banking methods, with their innovative approaches to investing, borrowing, saving, and trading.

The Top 7 Fintech Stocks to Buy in March 2024

What's your best fintech pick for 2024? Look no further than SoFi Technologies (NASDAQ: SOFI ) stock.

Don't Dread the Fed! Get Ahead With SOFI Stock Now.

Sanmina-SCI

Sterling Construction

Three stocks under $20 may lead to explosive growth in the stock market. Investing in these stocks priced under $20 today could potentially be a 5X investment by 2027.

Golden Picks: 3 Under-$20 Stocks Set to Quintuple by 2027

Management of this excellent company expects earnings to soar over the next several years.

1 Spectacular Growth Stock Down 66% You'll Regret Not Buying on the Dip

SoFi (NASDAQ: SOFI ) stock is in the spotlight following buys from Cathie Wood's Ark Invest. On March 4, the Ark Fintech Innovation ETF (NYSEARCA: ARKF ) disclosed that it had acquired 782,646 shares of SoFi.

Cathie Wood Just Bought 1.9 Million Shares of SoFi Stock

On Tuesday, fintech SoFi announced plans to offer $750 million of convertible notes. Analysts were divided on the move.

SoFi Stock Just Had Its Worst Day Ever. Wall Street Mulls the Capital Raise.

Despite having a relatively steady 2023 and early 2024, the stock of financial technology company SoFi Technologies (NASDAQ: SOFI) has made a turn for the worse in the past several days, but experts remain cautiously optimistic regarding the SOFI price for the following 12 months.

Wall Street sets SoFi stock price for next 12 months

SoFi Technologies stock demonstrated a 15% plunge in one day after news regarding new convertible notes offering.

SoFi Technologies: The Market Is Wrong About Convertible Notes Offering

Alongside its fans, SoFi Technologies (NASDAQ: SOFI ) stock has its fair share of foes as well. Those skeptical of SOFI stock cite a myriad of concerns to back up their respective bull cases.

SOFI Stock Buy Alert: Why This Fintech Phenom Is Set to Outpace Big Banks

SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (“SoFi”) (NASDAQ: SOFI) today announced that it priced its private offering of 1.25% convertible senior notes due 2029 (the “notes”) in an aggregate principal amount of $750 million. The notes will be sold in a private offering only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). SoFi also granted the initial purchasers of the not.

SoFi Technologies, Inc. Prices $750 Million Convertible Senior Notes Offering Due 2029

SoFi surprised investors with a profit last month, driving its stock higher. SoFi announced a big debt offering today, pushing its stock right back down again.

Why SoFi Technologies Stock Got Slammed Today

Shares of SoFi Technologies (SOFI) tumbled 13% Tuesday, after the online financial services provider said it was planning to sell up to $862.5 million in convertible bonds.

SoFi Slumps on Plan To Sell Up To $862.5 Million in Convertible Bonds

SoFi (NASDAQ: SOFI ) stock is taking a tumble after the company announced a private offering of $750 million in convertible senior notes due in 2029. The initial purchasers of the note, which are limited to qualified institutional investors, will have an option to purchase an additional $112.5 million of the notes.

SOFI Stock: SoFi Is Selling $750 Million in Convertible Senior Notes

Albemarle

MicroStrategy Incorporated

Attractive financing rates and a strong stock market are pushing chief financial officers to issue more convertible bonds.

Convertible-Bond Sales Are Booming. MicroStrategy, SoFi, Albemarle Plan Deals.

SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (“SoFi”) (NASDAQ: SOFI) today announced its intention to offer, subject to market and other conditions, $750 million aggregate principal amount of convertible senior notes due 2029 (the “notes”) in a private offering only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). SoFi also intends to grant the initial purchasers of the notes.

News for SoFi Technologies Stock (SOFI)