SoFi Technologies, Inc. (SOFI) — Financial statements
Income statement, balance sheet, and cash flow for SoFi Technologies, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 4,770↑28.8% | 3,704↑27.8% | 2,898↑64.4% | 1,763↑62.1% | 1,088 | |
| Cost of Revenue | 1,187↑5.7% | 1,123↑33.0% | 844↑246.6% | 244↑120.8% | 110 | |
| Gross Profit | 3,583↑38.8% | 2,581↑25.7% | 2,053↑35.2% | 1,519↑55.4% | 977 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 704↑17.4% | 600↑17.4% | 511↑1.9% | 502↑0.6% | 499 | |
| Selling & Marketing Expenses | 1,095↑37.6% | 796↑10.7% | 719↑16.4% | 618↑44.7% | 427 | |
| SG&A Expenses | 1,800↑28.9% | 1,396↑13.5% | 1,230↑9.9% | 1,119↑21.0% | 925 | |
| Other Expenses | 1,257↑32.2% | 951↓15.4% | 1,124↑56.4% | 718↑34.8% | 533 | |
| Operating Expenses | 3,057↑30.2% | 2,347↓0.3% | 2,354↑28.1% | 1,838↑26.0% | 1,458 | |
| Total Costs & Expenses | 4,244↑22.3% | 3,470↑8.5% | 3,199↑53.7% | 2,082↑32.7% | 1,569 | |
| Operating Results | ||||||
| Operating Income | 526↑125.4% | 233↑177.5% | -301↑5.5% | -319↑33.8% | -481 | |
| Depreciation & Amortization | 234↑15.1% | 203↑1.0% | 201↑33.1% | 151↑49.0% | 102 | |
| EBITDA | 760↑74.0% | 437↑538.0% | -100↑40.4% | -167↑55.9% | -380 | |
| EBIT | 526↑125.4% | 233↑177.5% | -301↑5.5% | -319↑33.8% | -481 | |
| Interest & Other Income | ||||||
| Net Interest Income | 2,219↑29.3% | 1,716↑36.0% | 1,262↑116.0% | 584↑131.6% | 252 | |
| Interest Income | 3,375↑20.2% | 2,808↑36.9% | 2,051↑165.2% | 773↑117.8% | 355 | |
| Interest Expense | 1,156↑5.9% | 1,091↑38.3% | 789↑317.0% | 189↑84.2% | 103 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 526↑125.4% | 233↑177.5% | -301↑5.5% | -319↑33.8% | -481 | |
| Income Tax Expense | 45↑116.8% | -265↓63678.8% | -0.42↓124.7% | 2↓38.9% | 3 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 481↓3.5% | 499↑265.8% | -301↑6.1% | -320↑33.8% | -484 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 481↓3.5% | 499↑265.8% | -301↑6.1% | -320↑33.8% | -484 | |
| Bottom-Line Net Income | 481↓3.5% | 499↑246.2% | -341↑5.4% | -361↑31.2% | -524 | |
| EPS (Basic) | 0.42↓8.7% | 0.46↑227.8% | -0.36↑10.0% | -0.40↑60.0% | -1.00 | |
| EPS (Diluted) | 0.39↑0.0% | 0.39↑208.3% | -0.36↑10.0% | -0.40↑60.0% | -1.00 | |
| Weighted Average Shares | 1,150↑9.5% | 1,050↑11.1% | 945↑4.9% | 901↑71.0% | 527 | |
| Weighted Average Diluted Shares | 1,252↑13.7% | 1,101↑16.5% | 945↑4.9% | 901↑71.0% | 527 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.