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.

I maintain a "Buy" rating on SoFi Technologies due to its robust growth potential and unique personal finance-focused business model. SoFi has consistently beaten consensus forecasts, with Q1 and Q2 results surpassing expectations, driving positive stock performance. Despite its seemingly high valuation, I believe SoFi's growth in deposits will continue to fuel business expansion in upcoming quarters.

SoFi Technologies Is Still A Great GARP Pick Today

From a technical perspective, SoFi Technologies, Inc. (SOFI) is looking like an interesting pick, as it just reached a key level of support. SOFI's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.

SoFi Technologies, Inc. (SOFI) Now Trades Above Golden Cross: Time to Buy?

The market can stay irrational longer than you can stay solvent.

SoFi Stock Won't Stay Under $10 Forever

Not all of her investment picks are expensive.

Opinion: This Is Cathie Wood's Best Stock for Under $10

Lower interest rates should boost growth.

Where Will SoFi Stock Be in 1 Year?

SAN FRANCISCO & LONDON--(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, and PrimaryBid Technologies Inc., a leading capital markets fintech firm, today announced the launch of DSP2.0, an advanced Directed Share Platform (DSP) that offers a modern and streamlined approach to equity program management for companies looking to raise capital in the U.S. DSP.

SoFi Launches Directed Share Platform for U.S. IPOs and Capital Raises, Powered by PrimaryBid

California fintech giant SoFi is teaming up with British capital markets platform PrimaryBid Technologies to expand its initial public offering share placement business, the company told Reuters.

SoFi debuts platform for companies to offer expanded early access to IPOs

Nu Holdings

These two digital banking businesses are finding outsize success.

The Smartest Fintech Stocks to Buy With $1,000 Right Now

The Fed's interest rate cuts should only fuel the fire for this hypergrowth fintech.

The Best Rate-Cut Stock to Invest $1,000 in Right Now

Dublin, Oct. 01, 2024 (GLOBE NEWSWIRE) -- The "Robo Advisory Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.

Robo Advisory Market Forecast Report and Competitive Analysis to 2030, Featuring Betterment, Fincite, Wealthfront, The Vanguard Group, Ellevest, Wealthify, SoFi Technologies & SigFig Wealth Management

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, today announced plans to host a conference call to discuss financial and operating results for the third quarter of 2024 on Tuesday, October 29, 2024, at 8 a.m. Eastern Time. SoFi also plans to release its third quarter 2024 results on the investor relations section of its website at https:/.

SoFi Schedules Conference Call to Discuss Q3 2024 Results

SoFi Technologies is a one-stop-shop financial platform with increasing revenue and gross margins but remains unprofitable with a high P/E ratio. CEO Anthony Noto has built a strong narrative appealing to Millennials, who are set to inherit significant wealth and prefer digital financial solutions. Major risks include a high P/E ratio, negative RoE and FCF, and competition from larger financial institutions adapting to Millennial needs.

SoFi Technologies: Full Service And Automation Is What The Next Generation Wants

SoFi's customer bank account deposits have risen to over $23 billion over the past few years. SoFi has posted three consecutive profitable quarters as it grows its bank and scales up its technology business.

Should You Buy SoFi Technologies While It's Trading Below $10?

SoFi has expanded into a large array of financial services beyond lending. The non-lending segments are growing faster than the lending segment.

Prediction: SoFi Stock Will Soar Over the Next 5 Years. Here's 1 Reason Why.

Chesapeake Energy

NIKE

iShares 20+ Year Treasury Bond ETF

The stock market is about to make a major shift, this time driven by the shift in monetary policy set on by the Federal Reserve (the Fed). After the most recent meeting to decide the new path of interest rates for the United States, Jerome Powell (the Fed chairman) cut interest rates by the most aggressive pace in 16 years.

4 Stocks Set to Benefit from Recent Interest Rate Cuts

SoFi Technologies, Inc. has experienced significant revenue growth since going public, yet its stock remains undervalued, presenting a strong buying opportunity for investors. CEO Anthony Noto predicts increased loan demand due to Fed interest rate cuts, further boosting SoFi's growth prospects. SoFi's future revenue growth is expected to re-accelerate, with forecasts of 20-25% compound annual growth and substantial EPS growth through 2026.

SoFi: Don't Give Up Now

In the most recent trading session, SoFi Technologies, Inc. (SOFI) closed at $7.73, indicating a -1.28% shift from the previous trading day.

Why SoFi Technologies, Inc. (SOFI) Dipped More Than Broader Market Today

SALT LAKE CITY--(BUSINESS WIRE)--Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc. (NASDAQ: SOFI), announced the launch of Secured Credit with Dynamic Funding. Built to help fintechs, banks and other businesses address the needs of underbanked and underserved customers, Galileo Secured Credit with Dynamic Funding simplifies the secured credit process, making it easier for consumers to manage their debit and credit accounts. This streamlined.

Galileo Launches Secured Credit with Dynamic Funding Empowering Banks and Fintechs to Simplify Credit-Building for Consumers

Cathie Wood's fintech company, SoFi Technologies, is a must-buy as rate cuts bode well for its lending business, which of late is growing at a slower pace.

Fed Rate Cuts Make This Beaten-Down Cathie Wood Stock a Buy Now

SOFI's recent business expansion looks exceptional to me, particularly in light of the high-rate environment. Further, with rates going down, we should see even better results, in my view. The management anticipates FY2024 membership growth of at least 30%, or 2.3 million. The company is placing significant strategic emphasis on member expansion and diversification of product offerings. From what I see today, SoFi appears to be well-positioned for growth and profitability for the rest of this year and beyond.

SoFi Stock Is Undervalued And Poised To Soar

Flutter Entertainment PLC

Stock Yards Bancorp

SYBT, SOFI and FLUT made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 20, 2024.

Best Momentum Stock to Buy for September 20th

In the latest trading session, SoFi Technologies, Inc. (SOFI) closed at $8.11, marking a +0.62% move from the previous day.

SoFi Technologies, Inc. (SOFI) Rises Higher Than Market: Key Facts

NEW YORK, Sept. 16, 2024 (GLOBE NEWSWIRE) -- SoFi, a leading provider of thematic and income ETFs, today announced monthly distributions on the SoFi Enhanced Yield ETF (THTA).

SoFi Announces Monthly Distributions on $THTA (9.00%)

SoFi's strong revenue growth and efficient marketing strategies position it well as a financial one-stop-shop, benefiting from the shift towards digital banking. The expected monetary easing from the Fed and decreasing inflation are bullish catalysts for SoFi, likely spurring loan demand and accelerating growth. SoFi's valuation appears attractive compared to peers like Revolut and traditional banks, suggesting significant upside potential given its disruptive fintech model.

SoFi Technologies: Poised To Thrive From The Fed's Pivot

PayPal

Block

A long-term, buy-and-hold approach to investing is a simple and dependable way to achieve long-term returns. SoFi, PayPal, and Block are three financial technology companies looking to build on their strong growth.

News for SoFi Technologies Stock (SOFI)