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.

Aramark

Darling Ingredients

Five Below

Oshkosh

Texas Roadhouse

Essential Utilities

Now looks like a good time to consider undervalued mid-cap stocks. According to Franklin Templeton, the grouping of companies with market capitalizations between $2 billion to $10 billion is due for further improvement.

The 7 Most Undervalued Mid-Cap Stocks to Buy in September 2023

American Superconductor

BlackBerry

Lithium Americas Corp

Moderna

Cassava Sciences Inc

Super Micro Computer

Given the horrendous performance of meme kings like AMC Entertainment (NYSE: AMC ) and GameStop (NYSE: GME ) lately, searching for the best meme stocks may be the last thing on your mind right now. In fact, considering GME's continued declines, and AMC's capitulation in recent weeks, you may think that the meme stock phenomenon has completely gone the way of the dodo.

The 7 Best Meme Stocks to Buy Now: September 2023

SoFi CEO Anthony Noto discussed the digital banking and personal finance company's growth with CNBC's Jim Cramer.

SoFi CEO talks second-quarter growth and 'stealing share' from big banks

Instacart (Maplebear Inc.)

SoFi has successfully expanded its business with a large suite of financial services. It has also been involved in recent high-profile IPOs, a potential boon for customers.

Instacart Is Going Public. Why That Means You Should Buy SoFi Stock

Upstart Holdings

I'm enthusiastically bullish on SoFi Technologies (NASDAQ: SOFI ) stock because the company is both a legitimate bank and a modern financial-sector pioneer. Yet, SoFi Technologies isn't the only fintech firm you should consider in 2023.

Top Fintech Stock Picks: The AI-Driven Duo You Can't Ignore in 2023

Shares of SoFi Technologies (NASDAQ: SOFI ) stock are jumping higher amid a soft session on Wall Street. Enthusiasm seems to be running high as the company seeks to transition to a full-service financial institution.

SOFI Stock Alert: The Instacart IPO Could Be Make-or-Break for SoFi

WASHINGTON , Sept. 12, 2023 /PRNewswire/ -- RiskExec, Inc. ("RiskExec") a subsidiary of Asurity Technologies, LLC ("Asurity"), today, announced that SoFi – the digital personal finance company – will rely on RiskExec's software for compliance and reporting purposes.

SoFi Selects Asurity Technologies' RiskExec® SaaS Platform For Community Reinvestment Act Data Management and Analysis

Goldman Sachs

SoFi Bank is gaining traction and attracting deposits from the 5 large money centers. SoFi's technology platform and capabilities make it an attractive option for potential customers and potential partnerships with large institutions. SoFi's long-term potential lies in its ability to expand its product offerings, become a top financial institution, and generate significant revenue from its technology segment.

SoFi Technologies: Anthony Noto's Fireside Chat At The Goldman Sachs Conference Confirms Positive Speculations

Pinterest

Zillow

Pinterest, Zillow, and SoFi are all down significantly from their 2021 highs. Despite their poor stock performance, all three of these businesses are making smart moves.

These 3 Stocks Are Still Down More Than 50% -- but I Think They Could Be Some of the Stock Market's Best Performers Over the Next Decade

NVIDIA

You might be familiar with the term “hyper growth stocks,” often associated with major large-cap technology companies. While these firms certainly have a significant impact on the market, growth stocks aren't limited to this pocket of the market.

Hold On! 3 Hyper Growth Stocks That May Get a Second Wind

Eli Lilly

Novo Nordisk

Due to what could be an unsustainable rally for equities, you may be looking for Nasdaq stocks to sell now. We've had an incredible run this year, but there are some additional indiciations that our luck has come to an end.

3 Nasdaq Stocks to Sell in September Before They Crash & Burn

SoFi Technologies (NASDAQ: SOFI ) stock has had a wild year. The member-focused financial technology platform offers a comprehensive range of digital financial services to over 6.2 million members.

Why SOFI Stock Could Double Before the End of the Year

SoFi Technologies, Inc. (NASDAQ:SOFI ) Goldman Sachs Communacopia + Technology Conference Transcript September 6, 2023 4:05 PM ET Executives Anthony Noto - Chief Executive Officer Analysts Mike Ng - Goldman Sachs Mike Ng How are you doing? Anthony Noto Good.

SoFi Technologies, Inc. (SOFI) Management Presents at Goldman Sachs Communacopia + Technology Conference (Transcript)

Several SoFi (NASDAQ: SOFI ) insiders have sold shares on the open market this year and Chief Technology Officer (CTO) Jeremy Rishel just added another sale to the list. On Sept. 1, Rishel sold 53,532 shares at an average price of $8.88 per share.

Is CTO Jeremy Rishel Giving Up on SOFI Stock?

Previously, I recommended waiting for SoFi Technologies (NASDAQ: SOFI ) stock to come down. Lately, however, I've been getting more and more bullish about SoFi Technologies.

It's Time to Bet on SOFI Stock BEFORE Its Upcoming Breakout

Palantir Technologies

Finding stocks with high potential for remarkable growth can be thrilling and rewarding. As the stock market fluctuates, investors constantly look for opportunities that promise stable growth and substantial returns.

3 High-Potential Stocks You Can Snag on Sale Now

Airbnb

Chipotle

AllianceBernstein Hld

American Express

Boston Properties

Cameco

Centene

Domino's Pizza

Con Ed

Lincoln National

Lowe's

Lululemon Athletica

Lamb Weston Hlds

MongoDB

Newell Brands

Paychex

Scotts Miracle-Gro

Stryker

Toll Brothers

Warner Bros Discovery Inc

Here are some of the tickers on my radar for Tuesday, Sept. 5, taken directly from my reporter's notebook.

Here are 19 stocks Jim Cramer is watching, including Chipotle, LULU and Airbnb

SoFi is a wonderful business and is making all the right moves to increase their total number of members while also increasing the lifetime value of those members. That being said, the company remains unprofitable and is trading at an aggressive valuation. We would wait until SoFi is GAAP profitable and is trading at a forward P/E of 19 or lower before turning bullish.

SoFi Technologies: A Bank Without The Profits

Apple

Lemonade

Mastercard

PayPal

Block

Visa

Payments businesses can be fertile hunting ground for solid investment ideas. There is no shortage of companies focused on singular areas within financial services.

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

Some safety-seeking investors prefer to hold big bank stocks. As an alternative, I invite them to consider SoFi Technologies (NASDAQ: SOFI ) stock.

How SOFI Stock Is Defying Skeptics as a Stormy Market Standout

SoFi has been demonstrating high growth and improving profitability. It has expanded into new products in new categories, and customers are drawn to its easy-to-use and low-fee services.

Why SoFi Stock Lost 24% in August

Equitrans Midstream

Plug Power

Peloton

Rackspace Technology, Inc.

While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

5 Well-Known Stocks Under $10 That Wall Street Loves Have Vast Upside Potential

News for SoFi Technologies Stock (SOFI)