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.

Adaptive Biotechnologies

Cerus

Genius Sports

Rocket Lab USA

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.

Cathie Wood's ARK Funds Include 5 ‘Strong Buy' Stocks Under $10 With Huge Upside Potential

SoFi has overcome challenges and strengthened its position, with shares rallying over 100% since the Q1 2023 earnings selloff. The company has successfully diversified its revenue streams and grown its technology and financial services segments. SoFi's management has made strategic decisions, such as holding loans instead of selling them, to generate higher returns and increase interest income.

SoFi Technologies: Up Over 100% YTD, I Expect A Triple Beat On Monday Pre-Market

After a successful IPO in the previous bull market, SoFi Technologies' (NASDAQ: SOFI ) stock price surged significantly, but later gave back most of these gains. However, in 2023, it has rebounded impressively, increasing 96% this year.

Time to Bet Big on SOFI Stock? The Stunning Turnaround and Why You Should Join the Rally.

ON Semiconductor

After U.S. markets closed on Wednesday, Mattel beat earnings per share (EPS), posting a profit of $0.10 where a loss of $0.03 was expected, and revenue came in 8.7% above the consensus forecast.

Earnings Previews: ON Semiconductor, SoFi Technologies

NEW YORK--(BUSINESS WIRE)--Summer, a certified B Corporation that advises hundreds of thousands of student loan borrowers across the country, announced today that Dan Macklin is joining the executive leadership team as President. Macklin has an established history of leadership in financial wellness, including in the student loan space, and comes to Summer after co-founding SoFi and serving as the CEO of Salary Finance. During his tenure at SoFi, Macklin brought to market the SoFi at Work finan.

Dan Macklin, Co-founder of SoFi, Joins Summer as President to Help More Students and Families Navigate and Reduce Student Loans

SoFi is one of the leading U.S. fintech companies with a diversified financial services products portfolio. The company is well-positioned to capture the secular double-digit growth projected by BCG for the whole fintech industry. According to my analysis, the valuation looks very attractive at current stock price.

SoFi Technologies: A Stellar Secular Growth Play

SoFi has registered tremendous growth in recent years. SoFi offers three key lending products.

3 Things About SoFi That Smart Investors Know

Plenty of commentators are talking about the resumption of required federal student loan repayments and how it will affect SoFi Technologies (NASDAQ: SOFI ). Investors shouldn't overestimate the impact of this, however.

Wait for SOFI Stock to Fall 40% Before You Buy

SOFI Technologies (SOFI) is likely to have witnessed a year-over-year increase in earnings and revenues in the second quarter of 2023.

Here's What to Expect From SoFI Technologies' (SOFI) Q2 Earnings

SoFi Technologies, Inc. (SOFI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

SoFi Technologies, Inc. (SOFI) Expected to Beat Earnings Estimates: Should You Buy?

Up more than double in 2023, SoFi may be one of the best positioned banks in the U.S. for massive growth.

Up 107%, SoFi Is Still a Buy for This Reason (Hint: It's Not Student Loans)

PayPal

Upstart Holdings

Youth will be served. That's how I would explain the speed and pervasiveness with which financial technology (fintech) has disrupted the financial sector.

2 Fintech Stocks to Buy Now and 1 to Avoid

Investors have enjoyed a strong year with the Nasdaq Composite Index up 35%, but  SoFi Technologies (NASDAQ: SOFI ) is a fintech stock that has performed even better, doubling in value. Whether it's fintech stocks, AI stocks, or a range of other high-growth areas of the market, investors are clearly getting increasingly bullish on these sectors' prospects.

One to Buy: Why SOFI Stock Is a Compelling Pick in the Booming Fintech Space

Is the fast-growing fintech company worth more than a bank?

SoFi Stock Is Soaring but There's a Bigger Question to Ask

SoFi Technologies is one of the fastest-growing companies in the fintech space. Growth and profitability are on the right track. My DCF valuation implies a fair value of close to $20.

SoFi: The Bank Of The Future

SoFi is disrupting the world of finance through innovative technology.

1 Thing Smart Investors Know About SoFi Stock

Affirm

Robinhood

The major indices entered a new bull market in 2023, and investors are once again flocking to more speculative growth stocks. As such, some previously poor-performing fintech stocks have rebounded sharply.

Why These 3 Stocks Are the Worst Ways to Play Fintech Right Now

DISH Network

Holley

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

5 Stocks Under $10 With Massive Upside Potential and ARK's Cathie Wood Loves Two of Them

Shopify

Atlassian

While the overall market remains buoyant, there are pockets where troubled stocks are struggling to gain traction. One sector that is rife with problems is the software space.

3 Doomed Software Stocks Destined for Disaster

Lemonade

Positive inflation data was a catalyst for an uptrend on Wall Street. Some stocks suffered more than others as the result of economic headwinds and are rebounding from deep troughs.

Why Upstart, SoFi, and Lemonade Stocks Rallied This Week

As earnings reports file in from some of the country's largest banks, Truist endorses the smaller financial services company that has had a stellar year.

SoFi Is a Winner as 'Banking Industry Fragments'

SoFi Technologies ( SOFI ) stock surged by 89% this year because of favorable business conditions, including the end of the student loan moratorium. Investors are divided over how to assess the business as a fintech or a conventional bank, because it provides a variety of monetary services.

Whether Fintech or Bank, Why SOFI Stock May Be Unstoppable

Morgan Stanley analysts downgraded shares of SoFi to Underweight from Equal Weight in a Thursday report.

SoFi Should Be Valued More Like a Bank, Analysts Say

That's the issue at hand for Morgan Stanley analyst Jeffrey Adelson as he evaluates SoFi Technologies Inc. SOFI, -1.25%.

SoFi's stock catches another downgrade: ‘It needs to be valued more like a bank.'

Goldman Sachs

JPMorgan Chase & Co

Bank stocks are on investors' radar after the recent Federal Reserve stress tests and previous issues with regional banks. Despite all that, many bank stocks have been trading well.

News for SoFi Technologies Stock (SOFI)