Members

Revenue segments as reported by the company.

Lending

Technology Platform

Financial Services

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Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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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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Minority interest

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Book value per share

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Change in working capital

Cash from investing

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Change in stock

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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.

As earnings reports file in from some of the country's largest banks, Truist endorses the smaller financial services company that has had a stellar year.

SoFi Is a Winner as 'Banking Industry Fragments'

SoFi Technologies ( SOFI ) stock surged by 89% this year because of favorable business conditions, including the end of the student loan moratorium. Investors are divided over how to assess the business as a fintech or a conventional bank, because it provides a variety of monetary services.

Whether Fintech or Bank, Why SOFI Stock May Be Unstoppable

Morgan Stanley analysts downgraded shares of SoFi to Underweight from Equal Weight in a Thursday report.

SoFi Should Be Valued More Like a Bank, Analysts Say

That's the issue at hand for Morgan Stanley analyst Jeffrey Adelson as he evaluates SoFi Technologies Inc. SOFI, -1.25%.

SoFi's stock catches another downgrade: ‘It needs to be valued more like a bank.'

Goldman Sachs

JPMorgan Chase & Co

Bank stocks are on investors' radar after the recent Federal Reserve stress tests and previous issues with regional banks. Despite all that, many bank stocks have been trading well.

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SoFi Technologies (NASDAQ: SOFI ) stock is trending on social media today as shares sink by about 2% as of this writing. This drop comes after Morgan Stanley issued the equivalent of a “sell” rating on the stock.

Morgan Stanley Just Kicked SOFI Stock Down

Navient

SoFi, Navient, and SLM stand to benefit from payment resumption as some borrowers will need to extend and refinance their loans. The Biden administration is considering alternatives to provide relief to borrowers, which may affect the timing of student loan repayments.

These 3 Stocks Benefit From Student Loan Repayments, but Only 1 Is a Long-Term Buy

Shift4 Payments

LendingClub

Pagaya Technologies Ltd

PayPal

Upstart Holdings

Fintech stocks have been trending higher. All as investors become confident that with cooling inflation, the Federal Reserve will soon pause, then begin to pivot on interest rate hikes.

Why These 7 Stocks Are the Best Ways to Play Fintech Right Now

The CEO says it's a matter of if, not when, the financial services company becomes a top 10 financial institution in the country.

SoFi CEO on Student Loans, AI, and Banking

Fans of SoFi (NASDAQ: SOFI ) stock are eagerly awaiting the company's upcoming second-quarter earnings report, scheduled for Monday, July 31. With the student loan moratorium ending in less than two months, investors are excited for a taste of what's to come from the high-growth personal finance company.

Dear SOFI Stock Fans, Mark Your Calendars for July 31

SoFi's roots are in lending, but the market may be overlooking the company's progress in other areas. The company is close to GAAP profitability, thanks in large part to some savvy acquisitions.

Forget Student Loans: There Are a Number of Other Reasons to Buy SoFi

After a swift rally in SoFi Technologies (NASDAQ: SOFI ) stock, a pullback ensued but caution is still advised. Recent developments pertaining to student loan repayments, and the benefits that SoFi Technologies will gain, were already anticipated and factored into the SoFi Technologies share price.

Is It Too Late to Buy SOFI Stock Now?

Advanced Micro Devices

Palo Alto Networks

AMD's new MI300X chip makes the company a threat to Nvidia's AI dominance. SoFi could see a boost to its already massive growth as the student loan business makes a comeback.

3 Stocks Poised to Dominate the Second Half of 2023

SoFi stock is up over 70% year to date. This rapidly growing business is on the path to profitability.

1 Top Fintech Stock to Buy in July

It's probably not every day that a decision from the Supreme Court of the United States  affects your investment decisions. However, the Supreme Court's recent ruling on student loan repayments is certainly relevant to SoFi Technologies (NASDAQ: SOFI ) stock.

3 Reasons Why the Student Loan Decision Didn't Lift SoFi Stock (and Why That's OK)

SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), the digital personal finance company, today announced plans to host a conference call to discuss financial and operating results for the second quarter of 2023 on Monday, July 31, 2023, at 8 a.m. Eastern Time. SoFi also plans to release its second quarter 2023 results on the investor relations section of its website at https://investors.sofi.com at approximately 7 a.m. Eastern Time on Monday, July 31, 2023. Full session det.

SoFi Schedules Conference Call to Discuss Q2 2023 Results

The debt ceiling standoff ended with a provision to end the federal student loan repayment moratorium. The Supreme Court voted in late June to strike down President Biden's student loan forgiveness plan.

Why SoFi Technologies Stock Climbed 20.2% in June

StoneCo

These two financial services companies are experiencing fantastic top-line growth.

Best Stock to Buy: SoFi vs. StoneCo

Student loan refinancing might not have a major impact, but this type of lending could.

1 Big Reason SoFi's Growth Could Surprise Investors

Lemonade

SoFi's business will benefit from resumed student loan refinancing. Upstart's committed funding is positively turning the tide.

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The meme stock craze of 2021 has largely faded. Yet, retail investors continue to look for stocks in which they can execute a short squeeze.

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As the student-loan payment moratorium nears its end and in the wake of the Supreme Court's move to strike down President Joe Biden's plan to cancel up to $20,000 in student debt, Oppenheimer's Dominick Gabriele said that SoFi Technologies Inc. shares SOFI, -4.25% already reflect “much of this good news” around the opportunity to capture more refinancing business. Gabriele notes that the company largely targets graduate student loans given that these degrees tend to cost more than bachelor's and associate degrees.

SoFi's stock already bakes in most ‘good news' on student lending, analyst says

Investors aren't as familiar with the technology side of SoFi's business.

1 Big Part of SoFi's Business Wall Street May Be Overlooking

Robinhood

In the first half of 2023, amidst record inflation, a regional banking crisis, and signs of a bull market return, stocks surprisingly hit all-time highs, warranting attention to two particular stocks in the upcoming half amidst looming rate hikes and a potential global recession.

News for SoFi Technologies Stock (SOFI)