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

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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.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Is SoFi Technologies, Inc. (SOFI) a Buy as Wall Street Analysts Look Optimistic?

The banking disruptor reported stellar revenue, loan, and deposit growth in a very challenging economic climate.

Down 20% After Excellent Earnings, Could SoFi Be a Massive Long-Term Opportunity?

When so-called “King of SPACs” Chamath Palihapitiya was in his heyday, I jokingly compared him with Prof. Harold Hill, the conman-hero of The Music Man.

Chamath Palihapitiya's Crumbling SPAC Empire: Where His Top 5 Deals Are Today

SoFi Technologies continued to add members at an impressive rate in Q1 2023. 97% of SOFI's deposits are insured after raising the insured deposits limit from $250 thousand to $2 million.

SoFi: A Golden Shot To Capitalize On The Banking Crisis

Axos Financial Inc.

Central Pacific Financial

Live Oak Bancshares

Bank of N.T. Butterfield & Son

PacWest Bancorp

StoneCo

The sharp rise in interest rates has flipped the banking model on its head for some banks.

Banking Crisis 2023: Before Buying or Selling Bank Stocks, Do This

NerdWallet

A spate of earnings reports rolled in through the past week, and a rough parity between gaining stocks and decliners held the FinTech IPO Index to a 1.4% gain. NerdWallet shares plunged 30% through the past five sessions.

NerdWallet and SoFi Earnings Blunt FinTech IPO Gains as Index Adds 1.4%

Capital One

Upstart Holdings

SoFi delivered an earnings beat in Q1, but the market is concerned about its balance sheet dynamics. One of Upstart's key origination partners entered into a consent order with the FDIC.

Why Shares of Capital One, Upstart, and SoFi Are Falling This Week

ARK Fintech Innovation ETF

Global X FinTech ETF

Fintech is revolutionizing the banking sector. In fact, artificial intelligence (AI), and blockchain could lead to a far more efficient and accessible system.

Banking Sector Revolution: 3 Fintech Stocks to Watch

First Republic

Shares of SoFi Technologies (NASDAQ: SOFI ) plummeted 25% this week after the New York Stock Exchange announced it was delisting rival First Republic Bank from the exchange. The stocks of PacWest (NYSE: PACW ), Western Alliance Bancorporation (NYSE: WAL ) and SoFi would shed a combined $2.5 billion within days.

SOFI Stock: First Republic Creates a Stunning $5 Entry Price

Investors seem to be concerned about the number of loans sitting on SoFi's balance sheet. SoFi's full-year guidance raise didn't seem to impress anyone.

3 Reasons Why SoFi's Beat-and-Raise Quarter Didn't Impress Investors

Sofi reported fiscal 2023 first-quarter earnings that sent its stock down.

Is Sofi Stock Price Crash After Earnings Justified?

Toast

Wix.com

Since the beginning of this year, growth stocks have seen a spectacular run-up after a bloody 2022. Though the anticipated recession and interest rate hikes will make growth stocks riskier, truly good growth companies will always be rewarded and outperform during recessions.

3 Spectacular Growth Stocks to Buy in May 2023

Mr. Market didn't care for SOFI's Q1 earnings or 2023 outlook and the stock has declined more than -20% in 2 days. SOFI continues to deliver top and bottom-line growth and management increased 2023's guidance again.

SoFi Technologies Triple Beat Led To A Selloff, An Opportunity If You Believe The Thesis

SoFi beat top and bottom line estimates for the first-quarter on Monday. Yet, shares sold off. SoFi maintained considerable acquisition momentum in terms of new accounts and raised guidance for FY 2023.

SoFi Technologies: A Gift Below $5 After Q1 Earnings

SAN FRANCISCO--(BUSINESS WIRE)--Nearly two thirds of women (65%) report that personal finances impact their mental health a lot or somewhat, according to a new survey conducted by SoFi, the digital personal finance company and all-in-one app. And nearly two thirds (65%) disclosed they are not comfortable with the amount of money currently in their savings account. To help women get their money right and do so with confidence, SoFi is teaming up with investor and entrepreneur Sophia Amoruso to l.

SoFi Launches “Making Money On Your Money: Sophia Amoruso's Guide to Financial Independence” To Help Women Get Their Money Right

Thinking about divesting all of your bank stocks? Don't be too hasty, as there will be winners in the financial sector even as some banks fall by the wayside.

Not All Bank Stocks Are Toxic. Why SOFI Is a Prime Pick for 2023.

SoFi Technologies Inc.'s stock was poised to extend its slide Tuesday as Wall Street continued to digest the company's mixed earnings report.

SoFi's stock selloff builds as lull in loan sales sparks continue

SoFi stock dropped over 12% today after posting what looked like a strong earnings report. Let's dig in and see if SoFi stock is a buy now.

Why Is SoFi Stock Down After Earnings? Is SoFi Stock a Buy Now?

Earnings and revenue beat estimates. Management also raised guidance.

Why Shares of SoFi Fell Today

SoFi's latest quarterly results underscore a continued demand for personal loans — and a platform model that supports a continuum of spending, saving and direct deposits. Earnings materials show that during the quarter, the company added 433,000 members, bringing the total membership base to 5.7 million, up 46% year on year.

SoFi's Membership Rosters Surge 46% Year on Year

One of the most intriguing intraday movers today is SoFi Technologies (NASDAQ: SOFI ). After reporting an earnings beat this morning before the bell, shares of SOFI stock initially opened higher.

Why Is SOFI Stock Down Today?

Valley National

The banking sector was once again in the headlines due to the FDIC takeover of First Republic Bank. SoFi Technologies initially saw its stock rise after reporting strong financial results, but shares then turned lower.

These 2 Banks Are Pulling the Nasdaq Down

SoFi Technologies, Inc. (NASDAQ:SOFI ) Q1 2023 Earnings Conference Call May 1, 2023 8:00 AM ET Company Participants Maura Cyr - IR Anthony Noto - CEO Chris Lapointe - CFO Conference Call Participants Mihir Bhatia - Bank of America Jeff Adelson - Morgan Stanley Kevin Barker - Piper Sandler John Hecht - Jefferies Eugene Simuni - MoffettNathanson Reggie Smith - JP Morgan Moshe Orenbuch - Credit Suisse Dominick Gabriele - Oppenheimer Robert Wildhack - Autonomous Arren Cyganovich - Citigroup Matthew O'Neil - ST Partners Operator Good morning, and thank you for attending today's SoFi First Quarter 2023 Earnings Conference call. All lines will be muted during the presentation portion of the call with an opportunity for questions-and-answers at the end.

SoFi Technologies, Inc. (SOFI) Q1 2023 Earnings Call Transcript

SoFi Technologies Inc (NASDAQ:SOFI) stock has reversed its earlier surge, down 5.5% to trade at $5.88 at last glance.

SoFi Technologies Stock Pulls Back After Earnings

SoFi Technologies posted first quarter results that topped expectations on the top and bottom lines on strong year-over-year growth in both members and products. However, this wasn't enough to impress investors with shares of the San Francisco-based financial services provider sliding by more than 7% after the market opened on Monday.

News for SoFi Technologies Stock (SOFI)