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

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Current assets

Cash & equivalents

Receivables

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Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

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Non-current liabilities

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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.

The recent banking crisis prompted us to take a closer look at SOFI Bank through the standard metrics. Our deep dive further bolstered our confidence in its forward execution and profitability, significantly sweetened by its rapid growth thus far.

SoFi: An Outperformer Through The Banking Crisis

There's positive news for some of SoFi Technologies' (NASDAQ: SOFI ) customers today. Members with checking and savings accounts will have access to up to $2 million of Federal Deposit Insurance Corporation (FDIC) insurance.

SOFI Stock Pops on Increased FDIC Insurance News

SoFi Technologies, Inc.'s latest results point to growth in deposits and stabilization of liquidity ratios. The bank seems safe in the currently prevalent global banking turmoil.

SoFi: Last Chance To Board

SoFi Technologies Inc. SOFI, +3.93% said Wednesday that those with its checking or savings accounts will be able to access up to $2 million of Federal Deposit Insurance Corporation (FDIC) insurance, versus the standard $250,000 amount. “SoFi Checking and Savings is able to offer additional FDIC insurance through the SoFi FDIC Insurance Network, a newly created partnership with multiple banks designed to provide the best benefits to SoFi members,” the company said in a release.

SoFi says it will let members opt to increase their FDIC insurance to $2 million for checking and savings

SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, announced that its SoFi Checking and Savings members will be able to protect their deposits with access to up to $2 million of FDIC insurance¹, increased from the industry standard $250,000 per account.

SoFi Checking and Savings to Offer Access to Up to $2 Million in FDIC Insurance

Anthony Noto, the CEO of SoFi SOFI, +6.70% , said the company decided to sue over the pause on federal student-loan payments in part to protect shareholder value.

SoFi CEO Anthony Noto on suing over student-loan payment pause: ‘I'm also protecting our shareholders'

SoFi Technologies, Inc. (NASDAQ:SOFI ) Bank of America's 2023 Electronic Payments Symposium Conference Transcript March 21, 2023 2:30 PM ET Executives Anthony Noto - Chief Executive Officer Analysts Mihir Bhatia - Bank of America Operator Ladies and gentlemen, the program is about to begin. Reminder that you can submit questions at any time via the Ask Questions tab on the webcast page.

SoFi Technologies, Inc. (SOFI) Management Presents at Bank of America's 2023 Electronic Payments Symposium Conference (Transcript)

Although SoFi Technologies Inc. ( SOFI , Financial) is not impervious to the challenges affecting the wider economy and some of its business segments are facing difficulties, the company has demonstrated its capacity to surpass expectations and maintain stability, as demonstrated by its solid execution amid macro headwinds.

SoFi Is Being Treated Unfairly in the Banking Crisis

We forecasted the company's Lending segment to increase from $1.1 bln in 2022 to $1.48 bln by 2025. We expect Technisys to drive Technology Platform growth by 103.1% in 2023 and we expect SoFi's Technology Platform revenue to increase to $963 mln by 2025.

SoFi Technologies: Financial Services Driving Superb Growth

Based on the average brokerage recommendation (ABR), SoFi Technologies, Inc. (SOFI) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric.

Brokers Suggest Investing in SoFi Technologies, Inc. (SOFI): Read This Before Placing a Bet

SOFI offers a 4% APY on savings and 1.2% APY on checking making them a possible destination for deposits on the move during the banking crisis. SOFI trades at a discount to book value, and their equity trades at a discount to their current market cap.

SoFi Technologies: The SVB Meltdown Could Be Positive For Q1 2023 Earnings

SoFi's shares have come under renewed selling pressure lately. Investors should focus on core operating fundamentals and less on market news related to recent bank failures. SoFi's long-term projections regarding revenue growth have proven to be very accurate.

SoFi Technologies: I've Been Waiting For This Opportunity For Months

Doximity

Soaring interest rates have shares of the best and worst growth stocks under a lot of pressure. SoFi Technologies is a digital bank that trades below its book value even though it's growing by leaps and bounds.

2 Top Growth Stocks to Buy Before the Next Bull Rally

In 2018, a group of recent student loan borrowers gathered on a rooftop at a swanky hotel in Williamsburg, Brooklyn, to celebrate paying off their debt.

‘Enough, it's hurting our business': SoFi's campaign to stop the student-loan payment pause that helps its own customers

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While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

5 Former Sizzling IPOs That Are Buy-Rated and Trading Under $10

SOFI plummeted nearly 40% from its post-earnings highs in February toward its recent lows. We cautioned investors in our recent article to avoid buying back then. Investors who were patient enough have managed to avoid the recent pain.

SoFi Technologies: The Gift Has Arrived

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Charles Schwab

It's been an interesting week following the collapse of SVB Financial Group (NASDAQ: SIVB ) subsidiary Silicon Valley Bank. The stock market received a major blessing after it was announced that government agencies would backstop and insure the bank's deposits, even above the Federal Deposit Insurance Corporation (FDIC) limit of $250,000.

SOFI... SCHW… The 5 Stocks Insiders Are Betting Big On This Week

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MVB Financial

Insiders of bank stocks have absolutely taken advantage of the recent volatility in the industry following the downfall of SVB Financial Group (NASDAQ: SIVB ) subsidiary Silicon Valley Bank. The collapse of the bank marked the second-largest of its kind in U.S. history and the largest since Washington Mutual in 2008.

Insiders Are Doubling Down on These 8 Bank Stocks

SoFi Technologies Inc. Chief Executive Anthony Noto is continuing his buying spree, scooping up another $240,000 worth of the financial-technology company's stock Thursday amid pressure on banking names.

SoFi CEO Noto continues loading up on stock with new $240,000 purchase

Green Dot

Block

Investors should consider finding which are the best bank stocks to buy amid this instability. Banking and insurance segments are fast-tracking digital transformation efforts to meet the rising demand for more efficient, personalized financial services.

The 3 Best Bank Stocks to Buy as Digital Transformation Accelerates

The main factors that led to Silicon Valley Bank's failure were diminishing deposits, deposit concentration, duration risk of assets, and poor risk management. SoFi, by contrast, sees strength in each of these individual areas.

Silicon Valley Bank's Failures Highlight SoFi's Exemplary Execution

Silicon Valley Bank was placed into receivership on March 10 and bank stocks have been under pressure since. Shares of SoFi Technologies are down around 17% since Silicon Valley Bank warned investors it was having liquidity issues on March 8.

This Beaten-Down Growth Stock Looks Like a Bargain Now

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I'll put it bluntly: Wall Street hates falling stocks.

PACW

The investing punditry has been buzzing over the collapse of SVB Financial Group's ( SIVB , Financial) Silicon Valley Bank and its economic implications. Bank contagion fears have led to a major sell-off in bank stocks, including SoFi Technologies Inc. ( SOFI , Financial).

SoFi: The Comparison to Silicon Valley Bank Doesn't Add Up

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The Executive Vice President of the Dish Network (NASDAQ: DISH ) is Jim DeFranco. He also happens to be a co-founder of the satellite TV provider.

News for SoFi Technologies Stock (SOFI)