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.

There's more to like than just the growth rates.

SoFi Stock Down 25% in 2024: 1 Huge Reason SoFi Is a Buy-Now Stock

Since March 2022, SoFi Technologies (NASDAQ: SOFI ) stock has traded in a tight range between $5 and $10. The fintech's share price almost reached double digits at the end of 2023, its highest level since last July's 52-week high of $11.70.

To Buy or Not to Buy: Decoding SOFI Stock's Potential in 2024

Shares of SoFi (NASDAQ: SOFI ) stock are in the red after Mizuho analyst Dan Dolev, a prominent bull of the company, lowered his price target to $12 from $15 while maintaining his “buy” rating. In late December, Dolev mentioned SOFI as one of his top five stock picks for 2024.

Mizuho Just Slashed Its Price Target on SoFi (SOFI) Stock

If you like to invest in future-forward, industry-disruptive businesses, then SoFi Technologies (NASDAQ: SOFI ) stock should be right up your alley. As SoFi Technologies continues to threaten traditional, boring banks, investors should consider buying a few shares and holding them for years.

Last Chance! Buy SOFI Stock Before It Breaks Through $10.

MercadoLibre

Shopify

To say that AI stocks are popular with investors in 2024 would be an understatement.  In mid-December, Bloomberg published an article entitled The Year of Nvidia, AI Stocks and Lofty Valuations.

AI Ambassadors: 3 Stocks Leading the Intelligent Tech Revolution

SAN FRANCISCO--(BUSINESS WIRE)---- $SOFI--SoFi (NASDAQ: SOFI), the digital personal finance company, announced today the expansion of its new small business marketplace within the SoFi product experience. With this addition, SoFi will now be able to better support millions of American small business owners' financing needs by connecting them to SoFi's network of providers. “SoFi is on a mission to help its members achieve financial independence to realize their ambitions,” said Anthony Noto, CEO of SoFi.

SoFi Launches Small Business Financing Marketplace

Despite challenges, SoFi Technologies (NASDAQ: SOFI ) stock thrived in 2023, rising 85% on record revenue and member growth. The end of student loan forbearance boosted earnings, and SoFi stock 480,000 members and 847,000 products in Q3, showcasing effective cross-selling and customer retention.

2 Reasons to Be Optimistic About SOFI Stock

SoFi Technologies (NASDAQ: SOFI ) stock presents a compelling buying opportunity for investors seeking upside in 2024. The company has several catalysts for investors to hone in on, including the resumption of student loan payments and continued ecosystem growth with the company's expanding portfolio of products.

Here's Why SOFI Stock Could Be a Big Winner in 2024

SoFi declined 16% last week after an analyst downgraded the stock, citing valuation concerns and potential growth headwinds due to falling interest rates. I believe the downgrade is wrong for two key reasons.

This Analyst Is Dead Wrong About SoFi. Here's Why.

SoFi offers a differentiated banking experience that's all digital and meant to address consumer pain points. Its expansion strategy is generating strong growth and helping it edge closer toward net profitability.

SoFi Stock Doubled in 2023. Can It Do It Again in 2024?

SoFi Technologies, Inc. (SOFI) closed the most recent trading day at $8.48, moving +1.92% from the previous trading session.

Why SoFi Technologies, Inc. (SOFI) Outpaced the Stock Market Today

Ally Financial

Capital One

The Fed suggested that interest rates could be cut in 2024. This should improve demand for consumer lending products.

Here's Why SoFi, Ally Financial, and Capital One Stock Jumped Higher Last Month

Is this a necessary step toward profitability, or is there more to the story?

SoFi Layoffs to Hit 7% of the Workforce? What Investors Should Know

Affirm

Ares Management

Coinbase

Datadog

D.R. Horton

Floor & Decor Holdings

KB Home

Marriott

Rapid7

SentinelOne

Symbotic Inc

Tesla

Wingstop

XPO Logistics

Analysts are giving a "buy" recommendation to the fewest number of stocks in over three years.

15 Stocks With Overdue Upgrade Potential

Visa

Financial technology can help transform an economy and it has emerged as a strong sector in 2023. The industry did face some volatility throughout the year, but with inflation easing, it looks like better days are ahead.

The 3 Best Fintech Stocks to Buy in January 2024

SoFi is reporting strong growth and increasing consumer engagement. Its expansion into multiple categories hedges its business in difficult times and generates higher sales.

Why SoFi Stock Gained 116% in 2023

PayPal

SoFi is a true banking disruptor with incredible momentum and lots of room to grow. PayPal is doing a great job of maximizing the value of its business and is trading very cheaply.

Got $4,000 to Invest? These 2 Top Fintech Stocks Could Make You Rich in 10 Years.

Amazon

BYD Company Limited

Li Auto Inc.

Microsoft

NVIDIA

The start of a new year is the time to take a look at your portfolio and make the necessary changes. While it may not be possible for you to sell stocks unless you are making a profit on them, it can certainly be possible for you to keep a watch on the best stocks of 2024 that have the potential to make big gains this year.

The 7 Best Stocks to Invest In for Big Gains in 2024

SAN FRANCISCO--(BUSINESS WIRE)--Today, SoFi (NASDAQ: SOFI), the digital personal finance company, received three 2024 Best-Of Awards from NerdWallet, Inc., a platform that provides financial guidance to consumers and small and mid-sized businesses (SMBs). SoFi was recognized by NerdWallet and selected as the Best Checking Account Overall and Best Checking Account for Overdraft Fee Avoidance for SoFi Checking & Savings, as well as Best Personal Loan Overall for SoFi Loans. A team of trusted.

SoFi Takes Home Three Awards in NerdWallet's 2024 Best-Of Awards

CrowdStrike

JD.com

In the tech investment space, three stocks stand poised to rewrite the rules of growth and profitability. These three companies have sparked widespread interest and speculation, projecting a potential leap of 3X by 2026.

3 Tech Stocks on the Brink of a 300% Jump by 2026

This is a list I usually make for myself each year, although not with the clever title. I try to make at least a watchlist of assets I want to invest in for the coming year.

24 Assets to Invest in for 2024: Part 1

Wall Street analyst Mike Perito downgraded SoFi stock this week. He worries that falling interest rates could pressure SoFi's reported revenue and earnings this year.

Why SoFi Stock Dropped 16% This Week

It hasn't been a good start to the new year for SoFi (NASDAQ: SOFI ), as shares of the fintech company are down by about 14% so far. However, SoFi has confirmed that it will report its fourth-quarter earnings on Monday, Jan. 29, before the market open.

Dear SOFI Stock Fans, Mark Your Calendars for Jan. 29

SoFi Stock Is Down 18% in 2024. A Reason to Panic?

SoFi has found outstanding success in a very competitive industry. Management expects to post positive net income in Q4 2023.

News for SoFi Technologies Stock (SOFI)