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.

SoFi Technologies Inc (NASDAQ:SOFI) stock is plummeting today, down 13.1% at $8.39 at last glance, after a downgrade from Keefe, Bruyette & Woods (KBW) to "underperform" from "market perform," with a price-target cut to $6.50 from $7.50.

SoFi Technologies Stock Sharply Lower After Downgrade

SoFi Technologies Inc. shares more than doubled last year in what was their best annual performance since the financial-technology company went public in 2021. But one analyst worries that momentum won't carry into 2024.

SoFi's stock could follow record year with a sharp plunge, this new bear warns

Investment bankers Keefe, Bruyette & Woods (KBW), a unit of financial conglomerate Stifel (NYSE: SF ), cut its rating on SoFi (NASDAQ: SOFI ) to “underperform.” The price target was lowered to $6.50 per share.

KBW Just Issued a Warning on SoFi (SOFI) Stock

SoFi (NASDAQ: SOFI) stock price retreated sharply on Wednesday as American equities continued their slump. The stock crashed by more than 4% after receiving a downgrade from an analyst at Keefe Bruyette.

SoFi stock forecast: short-term turbulence, uptrend is intact

KBW analysts cut their rating on the fintech to Underperform ahead of a pivotal quarterly earnings report.

SoFi Stock Tumbles on Downgrade. Lower Rates Might Not be a Good Thing.

If you have been following SoFi Technologies Inc.'s (SOFI, Financial) evolution, you might recognize it as embodying the remarkable trajectory of a disruptive fintech company.

Measuring SoFi's Meteoric Rise as It Revolutionizes Finance

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Financial technology has become the focal point of our economy. Consumers are losing faith in traditional banks and fintech companies are making the most of it.

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SoFi Technologies is developing innovative solutions for household finances that are fueling growth.

Where Will SoFi Stock Be in 2024?

CrowdStrike

A well-capitalized balance sheet and a loyal young customer base are key positives for SoFi. CrowdStrike stands to benefit as enterprises switch from multiple vendors to a single integrated cybersecurity platform.

Nasdaq Could See a Major Rally in 2024: 2 Growth Stocks to Buy Now

SoFi has been incredibly successful at growing its business in recent years. Despite the impressive progress it has already made, SoFi could still have tremendous room to grow.

Could SoFi Be a Millionaire-Maker Stock?

With 2023 in the books, we now set our sights ahead to 2024. What type of market will it be? Will the bull market continue?

2 Stocks I Think Will Double in 2024

SoFi Technologies, Inc. (SOFI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About SoFi Technologies, Inc. (SOFI) Rating Upgrade to Buy

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We're days away from the end of an incredible year on Wall Street. All the major indexes are up by double-digit percentages as we close out 2023.

Market Movers: 3 Unstoppable Stocks Set to Soar in 2024

SoFi Technologies has numerous growth opportunities set for 2024.

Why SoFi Stock Could Have an Amazing 2024

Just like traditional banks that have been around for decades, SoFi Technologies (NASDAQ: SOFI ) is a legitimate lender that deserves respect. At the same time, SoFi Technologies is a banking industry disruptor with amazing growth potential.

Bull Stampede! SOFI Stock Will Give Investors More in 2024.

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As stock markets evolve, discerning tomorrow's millionaire-makers among a sea of investment options becomes a strategic pursuit. The landscape is teeming with companies showcasing exponential growth trajectories and disruptive market approaches.

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The financial technology sector is highly dynamic, and it is growing at a rapid pace. With the adoption of digital assets, cashless payments, and cryptocurrencies, fintech companies are booming.

Fintech Innovators: 3 Stocks Disrupting Traditional Banking

SoFi Technologies is a diverse financial technology firm that offers a wide range of services, including loans, credit cards, and investment products. The company has experienced significant growth in revenue and user base, with net revenue nearly tripling from 2020 to 2022 and the number of members growing to 6.96 million recently. While the company faces challenges in generating profits, its long-term prospects are promising, especially considering the potential for increased demand from younger generations and the ongoing wealth transfer.

SoFi Technologies: Rapid Growth Might Be Worth The Risk

Amazon

Alphabet

Li Auto Inc.

Microsoft

NVIDIA

As we wind down the year, it's time to consider which long-term stocks for 2024 should be on your buy list. You might be able to make quick money in the short term through buying and selling, but if you want to build a portfolio for retirement or want to leave a legacy for your children, long-term investment is the way forward.

Why These 7 Long-Term Stocks Should Be on Your Radar in 2024

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But as with every year, my portfolio saw some winners and losers.

2 Stocks That Saved My Portfolio in 2023

Airbnb

SoFi's digital financial services are growing sales and adding new members at a rapid pace. Airbnb's solid revenue momentum and excellent margins make it a top pick for investors.

A Bull Market Is Coming: 2 Growth Stocks Down 61% and 32% to Buy Right Now

How can SoFi Technologies (NASDAQ: SOFI ) stock go from hated in 2022 to loved in 2023? It's all about central bank policy and the market's expectations.

Let SOFI Stock Cool Off Before Hitting the ‘Buy' Button

SoFi has been originating far more personal loans in recent times. Should economic conditions deteriorate, SoFi might see higher defaults.

Is This SoFi's Biggest Risk in 2024?

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As the macro picture appears increasingly brighter, fintech stocks are coming back in vogue among investors. In recent weeks, many financial technology stocks have soared, in anticipation of possible interest rate cuts by the Federal Reserve in 2024.

Why These 7 Fintech Stocks Should Be on Your Radar in 2024

Let me say this clearly: fintech is here to stay and will change our lives. With the rise of cashless transactions, digital payments, and Buy Now, Pay Later, a huge transition is happening in the finance world.

News for SoFi Technologies Stock (SOFI)