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

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General and administrative

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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.

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Cost of revenue

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SG&A

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EBITDA

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Minority interest

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Change in stock

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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 delivered strong Q3 2023 results, beating expectations and showing continued momentum across its business segments. The company is on track to achieve GAAP profitability in Q4 2023, undermining the bearish thesis. SoFi's diversified revenue streams and prudent risk management have helped it weather macroeconomic headwinds.

SoFi's Q3: Short Sellers' Worst Nightmare

SoFi Technologies Inc. shares saw muted gains Monday after the company delivered an upbeat earnings report, but they were enjoying a far stronger rally Tuesday.

SoFi's stock gains as a onetime skeptic changes his tune

Following some rough sessions for the financial technology (fintech) powerhouse, SoFi Technologies (NASDAQ: SOFI ) sparked optimism after delivering strong results for its third-quarter earnings report. Subsequently, analysts at Morgan Stanley upgraded SOFI stock to “equal weight” from “underweight,” citing that risks are now more than priced in.

SOFI Stock Pops Following Morgan Stanley Upgrade

Shares of SoFi Technologies (SOFI) gained ground Monday after the fintech company raised its full-year guidance following a quarter in which it achieved record new memberships and product enrollment, as well as a big increase in student loan volume.

SoFi Shares Gain as FinTech Company Reports Record Memberships, Boosts Guidance

SoFi Technologies Inc (NASDAQ: SOFI) opened in the green this morning after reporting solid results for its fiscal third quarter. SoFi raised guidance on Monday The stock is being rewarded also because the management raised its guidance for the full year.

SoFi CEO says student loans were not the primary driver of strong Q3

SoFi Technologies, Inc. (NASDAQ:SOFI ) Q3 2023 Earnings Conference Call October 30, 2023 8:00 AM ET Company Participants Maura Cyr - IR Anthony Noto - CEO Christopher Lapointe - CFO Conference Call Participants Andrew Jeffrey - Truist John Hecht - Jefferies Dan Dolev - Mizuho Mihir Bhatia - Bank of America Kevin Barker - Piper Sandler Ashwin Shirvaikar - Citigroup Jeffrey Adelson - Morgan Stanley Michael Ng - Goldman Sachs Dominick Gabriele - Oppenheimer Vincent Caintic - Stephens Operator Good morning, and thank you for attending SoFi's Third Quarter 2023 Earnings Conference Call. All lines will be muted during the presentation portion of the call, with an opportunity for questions-and-answers at the end.

SoFi Technologies, Inc. (SOFI) Q3 2023 Earnings Call Transcript

SoFi earnings lauded a surge in student loan demand ahead of repayments that resumed this fall, marking its highest quarterly pace of originations in more than a year. Earnings materials from the company noted that new membership momentum carried over into the most recent quarter as this metric gained 47% year on year to 717,000.

SoFi Student Loan Originations Soar 101% Year Over Year as Repayments Resume

SoFi beat on the top and bottom lines this morning. SoFi didn't actually earn any profit in Q3 -- but it says it will earn a profit in Q4.

Why SoFi Stock Exploded 15% Higher This Morning

SoFi (NASDAQ: SOFI ) stock is trending on social media and climbing 3% in early trading. The company hiked its guidance after its revenue from student loans sharply rebounded, and its fintech platform grew significantly.

Student Loans Are Taking SOFI Stock Higher

SoFi stock is up after the company reported Q3 earnings. Is the stock a buy right now?

Why Are SoFi Shares Soaring After Earnings?

SoFi Technologies, Inc. (SOFI) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.09 per share a year ago.

SoFi Technologies, Inc. (SOFI) Reports Q3 Loss, Tops Revenue Estimates

Blackrock Inc

SAN FRANCISCO--(BUSINESS WIRE)---- $SOFI--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, today announced an agreement to place a $375 million personal loan securitization exclusively with funds and accounts managed by BlackRock (NYSE: BLK) investment advisors. “Our access to different sources of capital is a critical component to growing our lending capabilities and better servi.

SoFi and BlackRock Partner on $375 Million Personal Loan Securitization

SoFi Technologies Inc shares jumped 8.6% after reporting a tenth consecutive quarter of revenue growth as it delivered “record financial results.” The one-stop shop for digital financial services said in the quarter ended September 30, revenue jumped 27% to $537.2 million from $424.0 million.

SoFi Technologies shares jump on record quarterly revenue

SoFi Technologies Inc. shares surged 7% in Monday's premarket action after the financial-technology company posted a large revenue beat for the latest quarter and gave an upbeat outlook.

SoFi's stock pops 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, 2023. “We delivered another quarter of record financial results and generated our tenth consecutive quarter of record adjusted net revenue of $531 million. We saw record new member adds of 717,000 and accelerating gro.

SoFi Technologies, Inc. Reports Third Quarter 2023 Results

Last summer, with the resolution of the “student loan repayment saga,” shares in SoFi Technologies (NASDAQ: SOFI ) stock spiked above $10 but since has slid but has since slid below $7. Jitters about spiking interest rates have played a role as has waning enthusiasm for the student loan catalyst.

Eyes on SoFi: Why This Fintech Giant Is More Than Meets the Eye

Fintech growth stocks have thrived, offering cost-effective and convenient solutions through digital platforms. SoFi Technologies (NASDAQ: SOFI ) stock stands out with its comprehensive financial services, becoming a go-to hub.

Why Now Is the Time to Buy SOFI Stock

SoFi Technologies (NASDAQ: SOFI ) stock is a challenging banking proposition. The company took away the buildings and most of the people.

Why SoFi is the Millennial Financial Institution to Watch in 2023

SOFI Technologies (SOFI) is likely to witness a year-over-year increase in earnings and revenues in the third quarter of 2023.

Here's What to Expect From SOFI Technologies' (SOFI) Q3 Earnings

SoFi Technologies is expected to have a strong earnings report for Q3 2023, potentially leading to a profit beat and momentum for the stock. The fintech's member growth momentum is likely to have continued in Q3, and the resumption of student loan payments presents an opportunity for profit growth. SoFi Technologies may raise its guidance for 2023, further boosting investor sentiment and potential for stock price growth.

Why SoFi Technologies Could Rally After Q3 Earnings (Upgrade)

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Block

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McDonald's

ON Semiconductor

Before U.S. markets opened on Thursday, the U.S. Bureau of Economic Analysis reported that U.S.

Earnings Previews for Monday Morning Reports From McDonald's, Jinko Solar, ON Semiconductor, SoFi Technologies

Adyen NV

Fintech growth stocks have been on an incredible run over the past few years. By harnessing the power of digital platforms, data analytics and artificial intelligence, these companies are carving out a path for cost-effective, convenient solutions for both individuals and businesses.

Fintech Marvels: 3 Growth Stock Picks in Financial Innovation

Palantir Technologies

Snap

While symbolizing one of the riskiest mechanisms to acquire profits in the capital markets, targeting short-squeeze stocks can sometimes yield tremendous returns. That's because these short-squeeze candidates play on the emotion of panic; that is, bullish contrarians attempt to drive prices of heavily targeted securities higher, thus panicking the bears.

3 Stocks to Buy for a Massive Short-Squeeze Rally: October 2023

From facilitating student loan repayments to offering crucial business services, SoFi Technologies (NASDAQ: SOFI ) serves a broad range of clients. I've been optimistic about the company and SOFI stock for a while, but this may be a time to exercise caution.

News for SoFi Technologies Stock (SOFI)