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.

SoFi is demonstrating steady revenue and profit growth in a heated fintech atmosphere. However, volatility in the company's quarterly results may have investors perplexed about the long-term prospects.

Should You Buy the Dip in SoFi Stock?

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The U.S. stock market could now be at a pivotal point, which some may call a top. After potentially pricing in the proposed Federal Reserve's (the Fed's) interest rate cuts, the broader market indexes could be set up for a major disappointment.

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At the end of April, Bloomberg reported that C6, a Brazilian digital bank backed by JP Morgan Chase (NYSE: JPM ), delivered its first quarterly profit in the first quarter of 2024. While it's not a public company yet, there are digital bank stocks to buy that are.

3 Digital Bank Stocks to Buy Now

SoFi Technologies (NASDAQ: SOFI ) stock is down 27% in 2024. That's a reversal from 2023, when it gained 116%.

SOFI Stock Analysis: Why SoFi Technologies Is the Ultimate Long-Term Winner

SoFi Technologies reported another solid earnings report, beating expectations across the board. The online bank targets students and young professionals who will drive years of future growth.

This Magnificent Fintech Stock Is Down 30% This Year, but 1 Wall Street Analyst Sees It Going 72% Higher

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If you're on the hunt for stocks to buy for the next bull market, look no further. Uncovering opportunities is essential in tech and finance to take advantage of the upcoming wave of industry expansion.

Next Bull Wave: 7 Stocks Ready to Dominate in the Upcoming Rally

SoFi Technologies Inc (NASDAQ: SOFI) was one of the most popular and anticipated IPOs of 2020. After making a debut above $10, the stock quickly rocketed to levels above $25.

SoFi Technologies CEO is buying more stock at depressed levels: Should you too?

According to the company, 2024 is a “transitional year” for SoFi Technologies (NASDAQ: SOFI ) stock. SoFi is shifting away from lending and toward other financial services and SoFi's technology platform.

SoFi Stock: How Long Until $10? Not Long!

American Express

Bank of America

Fiserv

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Money is a core pillar of the economy, and many firms have positioned themselves to profit from the strong demand for capital. Consumers spend, save and invest money.

The 7 Best Fintech Stocks to Buy in May 2024

SoFi's (NASDAQ: SOFI ) most prominent insider buyer is back after a roughly six-month hiatus. CEO Anthony Noto, who made his last insider purchase on Nov. 21, just disclosed purchasing 28,775 shares worth $198,548.

CEO Anthony Noto Just Bought Nearly $200,000 Worth of SoFi Stock

I was wrong about SoFi Technologies (NASDAQ: SOFI ) stock. After three years of waiting for a return on my investment, I sold my shares recently, at a loss.

Time to Cut Your Losses on SOFI Stock? Why This Former Bull Is Waving the White Flag.

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In the current stock market, companies poised for a notable turnaround frequently present prospects for profitable investments. This is a fascinating story of three undervalued comeback stocks offering unique investment potential.

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Stock market crashes present opportunities for long-term investors who can handle volatility and paper losses. You only lose money on a stock when you sell it, and some companies stand to reward patient investors who stay strong during the dips.

Stock Market Crash Alert: 3 Must-Buy Fintech Stocks When Prices Plunge

SoFi Technologies shares dropped over 10% after Q1 earnings, despite beating revenue and EPS expectations and increasing 2024 guidance. The market is focused on Q2 guidance, which indicates a decline in SoFi's top and bottom line, rather than the long-term potential of the company. SoFi's engagement across its ecosystem is expanding, with record member growth, increased deposits, and a growing number of products used by members.

SoFi Technologies: Sell-Off After Double Beat, Guidance Hike, Another Opportunity

The high-profile fintech took the wraps off its latest set of quarterly results. It demonstrated solid revenue growth, and flipped to a profit on the bottom line.

Why SoFi Stock Was Plummeting This Week

SoFi posted its second consecutive profitable quarter in a row. Its lending segment saw falling growth, while its technology and financial services more than made up for the decline.

SoFi Plunged 10% Following Its Earnings. Here Are 3 Things Investors Need to Know.

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Financial technology, or fintech stocks, is a relatively new and fast-growing sector in which to invest. The sector encompasses many of the facets of modern banks, including payment facilitation, wallets, checking accounts, saving accounts, credit cards and even loan facilities.

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Financial disruption is pervading the banking sector as fintech stocks to buy take on traditional banks. Indeed, these companies are offering superior value and gradually grabbing market share.

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Beyond artificial intelligence ( AI ), there are plenty of interesting things happening in technology. From video games and streaming to financial technology and cybersecurity, there's lots of exciting change taking place in just about every corner of tech.

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SoFi just reported solid Q1 earnings with a triple-beat on analyst estimates. The average SoFi Member uses less than two products, presenting cross-sell opportunities. SoFi added 622K New Members in Q1 with marketing efficiency up 50% YoY.

SoFi: The Selloff Doesn't Bother Me One Bit

SoFi stock is down close to 30% this year.

SoFi Stock: I'm Buying Shares for This Simple Reason

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Tech stocks launched a comeback early Thursday as the sector was seemingly buoyed by Federal Reserve Chairman Jerome Powell's comments.

Microsoft, AMD, SoFI, Amazon, and Other Tech Stocks in Focus Today

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The earnings season has helped the stock market move out of a slump. However, with several companies yet to report earnings, we could expect a market rally in the short term.

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Machine learning stocks are on everyone's radar, if nothing else, for the potentially $80 billion market opportunity up for grabs. Underscoring the enormity of the situation, President Joe Biden has signed an executive order to ensure America, which is expected to have a $21 billion market in 2024, does not get left behind in this race, considering machine learning will impact almost every major market segment.

Shhh! 3 Secret Machine Learning Stocks Flying Below Wall Street's Radar

SoFi Technologies (NASDAQ: SOFI ) is once again one of today's top movers for all the wrong reasons. Shares of the fintech stock are down another 4% in today's session after SOFI stock plunged roughly 10% yesterday following the company's earnings report.

News for SoFi Technologies Stock (SOFI)