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

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Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

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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.

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

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

2 Fintech Stocks Gapping Lower After Earnings

The financial services company is growing in all the right places in 2024.

Should You Buy SoFi Stock Before Oct. 29?

SoFi's personal-lending segment saw record originations in the third quarter.

SoFi's stock looks poised to keep roaring after earnings as loan volumes surge

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 third quarter ended September 30, 2024. Anthony Noto, CEO of SoFi Technologies, Inc. commented: “This quarter was the strongest quarter in our history. Our results reflect how SoFi is consistently achieving durable growth, how our innovation and brand.

SoFi Technologies Reports Net Revenue of $697 Million and Net Income of $61 Million for Q3 2024, Demonstrating Durable Growth and Strong Returns

Sentiment around SoFi stock has certainly changed in recent weeks.

Should You Buy SoFi Technologies Before Oct. 29?

Shares of the digital bank are up 44% just in October.

Is SoFi a Millionaire Maker?

SoFi Technologies stock has recently outperformed the market and its sector peers, spurring increased optimism. Investors have likely baked in a robust Q3 report and strong guidance for 2025. However, SOFI has suffered from significant volatility over the past year as the company must justify whether its business model is sustainable.

SoFi: Slam The Brakes Before It Goes Overboard

SoFi is down 62% from its peak. Here's why it could be a good buy today.

Is SoFi Stock a Buy?

SoFi Technologies, Inc. (SOFI) concluded the recent trading session at $10.99, signifying a +0.55% move from its prior day's close.

Why the Market Dipped But SoFi Technologies, Inc. (SOFI) Gained Today

The fintech is scheduled to file quarterly earnings on Oct. 29.

Lending Is Gaining Traction Again. Why That's a Plus for SoFi Stock.

LendingClub's improving delinquency trends suggest SoFi could see similar dynamics, an analyst says.

SoFi's stock set to extend surge — and this is what's driving recent optimism

Affirm

LendingClub

J.P. Morgan analysts notes the lender's management says they are seeing bank partners return to the loan marketplace for the first time in about six quarters.

LendingClub Stock Is Soaring. Strong Earnings May Bode Well for SoFi and Affirm.

Boeing

Tesla

The stock market is about to undergo a major global shift. Over the next decade, the generational wealth accumulated over the past ten years may shift into a stagnant phase, resembling Japan's "Lost Decade" for U.S. stocks.

Goldman's Lost Decade Forecast: These 3 Growth Stocks Can Win

SoFi Technologies' stock has surged 59.06% since mid-summer, driven by favorable Federal Reserve interest rate cuts and a growing deposit base, enhancing profitability. SoFi's core metrics, including three consecutive quarters of GAAP profitability and 22% revenue growth, showcase a clear path to sustained growth. Innovative offerings like the Directed Share Platform (DSP2.0) signal SoFi's expansion into high-margin, low-capital investment banking, diversifying its revenue streams.

SoFi: Business Turnaround Is Accelerating, 2025 Looks Amazing

Most investors would focus on banking stocks or even consumer discretionary stocks when realizing that the Federal Reserve (the Fed) has just started cutting interest rates at the most aggressive pace in 16 years. The reason is that, as financing becomes more flexible and available, consumer trends may strengthen, and they actually have.

Massive SoFi Stock Rally Incoming After Fortress News

This financial jack-of-all-trades stock could be a big winner for years to come.

1 Digital Banking Stock Down 61% to Buy and Hold Forever

In the most recent trading session, SoFi Technologies, Inc. (SOFI) closed at $9.87, indicating a -1.69% shift from the previous trading day.

SoFi Technologies, Inc. (SOFI) Registers a Bigger Fall Than the Market: Important Facts to Note

Intercorp Financial Services Inc

Investors interested in Financial - Miscellaneous Services stocks are likely familiar with Intercorp Financial Services Inc. (IFS) and SoFi Technologies, Inc. (SOFI). But which of these two stocks offers value investors a better bang for their buck right now?

News for SoFi Technologies Stock (SOFI)