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 achieved record revenue and adjusted EBITDA, with 67% of growth coming from non-lending businesses. The company added 717,000 new members and experienced its highest quarter ever of new products. SoFi raised its full-year 2023 guidance, expecting continued strong growth and profitability.

SoFi Technologies: Emerging From Unprofitability

SoFi (NASDAQ: SOFI ) reported solid third-quarter results, and I'm much less worried about the company's loan portfolio than I was. Still, SOFI stock remains overvalued, making the name unattractive for investors to buy at this point.

Caution! Why SOFI Stock Is Too Hot to Touch

SoFi Technologies (NASDAQ: SOFI ) is a leading online platform that provides a range of financial products and services, such as personal loans, mortgages, student loans, investments, banking and insurance. The company has grown since the Great Recession, which saw many traditional banks retreating from certain financial products, including unsecured personal lending and mortgages.

3 Stocks Set to Be the Next SoFi

Nu Holdings

The market was up through mid-day trading on Tuesday as Wall Street attempts to end November on an upbeat note and shake out of its sideways movement over the last few weeks. The recent chop is, however, a sign that Wall Street is acting somewhat rationally following the huge rebound since markets never go straight up.

Exploring the Best Cheap Stocks Under $10 to Buy in December

Bank of America

Morgan Stanley

Bank stocks continue to lag the overall market and are not sharing in the current rally. Year-to-date (YTD), the S&P Bank index is down 13% compared to a 19% gain in the benchmark S&P 500 index.

3 Sorry Bank Stocks to Sell in December

ASML Hld

Confluent

At least some part of the technology you're using to read this article was likely made using equipment supplied by ASML Holding. Confluent isn't a household name, but its technology is something nearly all households benefit from.

Got $3,000? 3 Growth Stocks to Double Up on Right Now

Visa

Mastercard

PayPal

Block

Visa and Mastercard are competitively advantaged companies with high levels of profitability. PayPal and Block shares are trading at ridiculously cheap valuations.

You Don't Have to Pick a Winner in Fintech. Here's Why

With numerous industry leaders' stocks hitting their new 52-week highs in the previous days, SoFi Technologies (NASDAQ: SOFI) shares recorded gains in the last period, with positive momentum building, with the stock up nearly 50% this year.

Jim Cramer is bullish on SOFI stock and ‘remains a buyer'

IonQ

A well-known pair of billionaire hedge-fund managers excited about the future of quantum computing recently acquired millions of IonQ shares. Another pair of billionaire fund managers stuffed their portfolios with millions of shares of SoFi Technologies.

2 Growth Stocks Billionaires Are Buying Hand Over Fist

SoFi's Net Interest Margins are expanding due to increased lending rates and a higher share of low-cost deposits. The company is benefiting from a surge in student loan refinancing following the resumption of student loan payments. Despite rising economy-wide delinquency rates, SoFi's improved loan book quality mitigates some risk, leading to a Hold rating for the company.

Holding Steady: Evaluating SoFi Technologies Amidst Financial Shifts And Market Dynamics

Copa Hlds

Marathon Petroleum

Opera Ltd - ADR

Perion Network

TORM

In the ever-evolving landscape of investments, the hunt for hidden gems that promise exponential growth and transformative potential is a pursuit cherished by all. A treasure trove of seven undervalued stocks shimmering with untapped possibilities, each poised to revolutionize the market.

Game Changers: 7 Undervalued Stocks With Unbelievable Potential

SoFi continues to report high growth, with accelerating member sign-ups. As customers engage with more products, it's leading to scaling and improved profitability.

1 Unstoppable Stock Down 73% to Buy Hand Over Fist Before It Skyrockets

Costco

MercadoLibre

SoFi is attracting new clients, and its new array of services is leading to improved profitability. MercadoLibre is the dominant e-commerce player in its markets, and sales growth is accelerating again.

3 Stocks That Could Make You Rich

ARM Holdings PLC

Datadog

Netflix

Palantir Technologies

Zoom Video

As we end the year and look ahead to 2024, it's instructive to consider which growth stocks are likely to outperform moving forward. Third-quarter earnings season provided some clues as several technology companies issued impressive results and gave bullish outlooks for the coming year.

7 Steady Growth Stocks to Buy Before 2024

SoFi (NASDAQ: SOFI ) CEO Anthony Noto has continued his trend of persistent insider buys this year. In the month of November, there have been three insider sales and three insider buys of SOFI stock.

CEO Anthony Noto Just Bought 22,500 Shares of SOFI Stock

The financial sector has had a tough time since the beginning of 2023. With inflation and the banking crisis, it has been tough for banks and financial companies to win the trust of consumers.

Fintech Front-Runners- 3 Smart Stocks to Snap Up Now

SoFi (NASDAQ: SOFI ) stock has been among the most-researched stocks recently, and that's mostly due to the fact that it may be at an inflection point. But first, let's roll back the clock and see how we got here in the first place.

Is SOFI Stock a Hidden Gem or Fool's Gold? Here's the Answer.

AstraZeneca

Li Auto Inc.

QUALCOMM

This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here.

5 Growth Stocks to Buy for 2024

Despite recent declines, the fintech stock is having a stellar year.

SoFi Stock Drops Amid Loan Valuation Debate

SoFi Technologies continues to report strong growth but trades at a low valuation, disconnected from its results. The company hiked adjusted EBITDA guidance for 2023 by 16%, yet SoFi now trades lower. The stock trades at only 11x '24 adjusted EBITDA targets, which are equivalent to adjusted profits.

SoFi: Another Gift

SoFi is growing the top line rapidly, but it might be increasing the riskiness of the business.

Huge News for SoFi Stock Investors!

Regarding SoFi Technologies (NASDAQ: SOFI ), the California fintech building a financial ecosystem to compete with the biggest players in financial services, I'm bullish about SOFI stock. However, it always helps to be the devil's advocate occasionally to become a better investor.

Caution! Don't Count on Student Loans to Make SOFI Stock a Success.

Advanced Micro Devices

Chevron

Disney

Penn Entertainment

In the tumultuous sea of the stock market, navigating waves of uncertainty often demands a keen eye for resilient investment opportunities. Amid market dips and fluctuations, strategic choices can be the life raft that keeps portfolios afloat.

Bargain Bonanza: The Top 7 Stocks to Snap Up During Market Dips

Upstart Holdings

Palantir could bring eye-popping productivity gains to its customers. SoFi stands out by combining technology with traditional banking.

Got $3,000 and 10 Years? These 3 Stocks Could Make You Rich

SoFi buyers are attempting to defend a pivotal level, but a return to May 2023 lows could be possible if it fails. Despite a tepid market reaction, I believe the worst for SoFi is likely over, with solid Q3 results and raised guidance for FY23. SoFi's financial services segment is expected to play a more prominent role, with positive contribution profit in Q3 and continued growth expected.

News for SoFi Technologies Stock (SOFI)