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.

360 Finance Inc - ADR

Now appears to be an ideal time to invest in these popular technology services companies after launching their IPOs in recent years.

2 Up and Coming Technology Services Companies to Invest in Now

SoFi Technology (SOFI) stock has become a fallen angel despite its strong growth metrics and positioning at the intersection of finance and technology. Although it has risen by over 75% from its lowest point in 2023, it remains 74% below the highest point in 2021 as fintech stocks surged.

SoFi stock is cheap; comeback could be epic

A broken stock is not the same as a broken company.

SoFi Stock: The Calm Before the Storm?

SoFi Technologies is experiencing significant member growth, doubling its member base in the last two years. The fintech raised its forecast for 2024 in both EBITDA and net revenues, showing successful growth plans. SoFi Technologies is undervalued and has the potential to rerate to a higher sales multiple, presenting a strong investment opportunity.

SoFi Technologies: A No-Brainer Fintech Buy

Redfin

Lower rates could kick-start the slow real estate market, boosting companies like Redfin. With a deposit base that has grown rapidly, SoFi could be a big winner of lower funding costs.

Prediction: When the Federal Reserve Starts Cutting Rates, These 2 Stocks Will Be Massive Winners

In recent years, SoFi's personal lending activity has picked up in a major way. In an adverse economic scenario, SoFi's losses could rise as borrowers stop making payments.

Warning: Don't Buy SoFi Stock Before You Know This 1 Key Risk

Palantir Technologies

Uber

Money makes money grow. As investors, we are always on the lookout for different ways to grow our money at minimal risk.

3 Stocks That Look Like They Can Double Your Money by 2030

SoFi's stock has declined due to valuation, not business performance. The company could grow for many years on three key catalysts.

Is SoFi Technologies a Millionaire-Maker?

The banking disruptor just reported its second-quarter results, and here's what investors need to know.

Here's What All SoFi Investors Need to Know in 2024

Archer Aviation

Celsius Holdings

NVIDIA

Paramount Global

Super Micro Computer

SoundHound AI Inc

Don't expect “meme mania” to make a comeback soon, but there may be good reason to consider a few of the meme stocks to buy on the dip. Largely, stocks that have experienced meme-like rallies, but aren't primarily in the meme stocks categories.

7 Meme Stocks to Buy on the Dip: August 2024

NEW YORK, Aug. 14, 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 (13.00%)

SoFi Technologies (NASDAQ: SOFI ) can't catch a break. After the fintech doubled in 2023, SOFI stock lost a third of its value so far in 2024.

Buy Alert: Why SOFI Stock Can Double From Here

Amazon

Microsoft

The tech sector is filled with companies that have outperformed the S&P 500. In fact, more than a quarter of the S&P 500 consist of tech companies.

3 Tech Stocks with Promising Innovation Pipelines

PayPal

Visa

SoFi continues adding new customers and expanding profitability. PayPal's new leadership is turning the company around.

Prediction: These Could Be the Best-Performing Fintech Stocks Through 2030

Global-e Online Ltd

Roku

Global-e has a growing, niche e-commerce business. Roku's accounts and streaming hours continue to increase.

Nasdaq Sell-Off: 3 Smart Stocks to Buy Right Now

Surpassing market estimates with its most recent earnings report, fintech company SoFi Technologies (NASDAQ: SOFI ) saw a steep 10% decline last week. Despite trading 74% below its peak, SoFi continues to showcase strong financial health, though the market appears to continue to focus on the company's headwinds.

Why SOFI Could Be the Fintech Stock to Buy Now

Alphabet

The second-quarter earnings season has been a mixed bag, with several companies beating estimates but issuing a lower-than-expected guidance. Ongoing concerns about recession and the delay in Fed rate cut have also put investors in worry.

3 Standout Stocks to Snag After Stellar Quarterly Results

SoFi is following Robinhood into the subscription market.

SoFi's Next Massive Growth Product

Semrush Holdings

Upwork Inc

You don't have to spend a lot of money to buy a share in a successful company. Some stocks are priced below $50 per share and present a respectable upside for long-term investors.

The 3 Best Under $50 Stocks to Buy in August 2024

Remaining one of the most reputable fintech stocks in the market, SoFi Technologies (NASDAQ: SOFI ) is boosted by its diverse financial services, banking and investment products. In Q1 of fiscal year 2024, the firm achieved a $581 million adjusted net revenue, which is a 26% increase from the prior year of 2023.

SOFI Stock Alert: Is This the Right Time to Buy?

As a young and growing bank stock, SoFi is sensitive to changes in interest rates. The company is a disruptive tech stock, so investors want to see high growth.

Why SoFi Stock Jumped 14% in July

SoFi Technologies demonstrates impressive revenue growth, outpacing projections for the fintech industry. The company's profitability profile is improving in line with revenue growth, with a strong potential for sustained growth. SoFi's intrinsic value is 41% higher than its current market capitalization, indicating a compelling potential upside.

SoFi Technologies: A Fintech Superstar Available At A Deep Discount

Fintech giant SoFi Technologies (NASDAQ: SOFI ) silenced its skeptics again by posting another stellar quarterly report and blowing past expectations across both lines. Yet, SOFI stock remains surprisingly unmoved, having shed more than 10% in the past week alone.

Why SOFI Stock Is Positioned for a Rebound

Pfizer

Finding the right stocks for investment can be a tricky game. While there are thousands of stocks to choose from, only a few can pass the test of time.

3 Cheap Stocks to Buy in August for Under $50

Enovix Corporation

Rivian Automotive

The story of the video game retailer GameStop (NYSE: GME ) shook up the information space and gave small investors faith in their ability to beat the industry giants. Over time, the list of best meme stocks has changed, and the very definition of the term has changed along with it.

News for SoFi Technologies Stock (SOFI)