SoFi Technologies, Inc. (SOFI)

SoFi Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	3,024	2,808	2,051	773.37	355.02	363.54
Total Interest Expense	1,106	1,091	789.33	189.28	102.78	185.61
Net Interest Income	1,918	1,716	1,262	584.1	252.24	177.93
Other Revenue	886.18	702.51	489.24	424.07	249.86	16.28
Revenue Before Loan Losses	3,058	2,675	2,123	1,574	984.87	565.53
Provision for Loan Losses	28.6	31.71	54.95	54.33	7.57	-
Revenue	3,029	2,643	2,068	1,519	977.3	565.53
Revenue Growth (YoY)	29.27%	27.82%	36.11%	55.45%	72.81%	27.76%
Salaries & Employee Benefits	232.69	232.69	260.55	288.16	227.27	93.8
Cost of Services Provided	2,480	2,176	1,861	1,530	1,204	800.25
Total Operating Expenses	2,713	2,409	2,122	1,819	1,431	894.05
Operating Income	316.37	233.96	-53.84	-299.4	-453.84	-328.52
EBT Excluding Unusual Items	316.37	233.96	-53.84	-299.4	-453.84	-328.52
Impairment of Goodwill	-	-	-247.17	-	-	-
Pretax Income	315.75	233.35	-301.16	-318.72	-481.18	-328.52
Income Tax Expense	-245.84	-265.32	-0.42	1.69	2.76	-104.47
Net Income	561.6	498.67	-300.74	-320.41	-483.94	-224.05
Preferred Dividends & Other Adjustments	19.53	19.53	40.43	40.43	40.43	93.19
Net Income to Common	542.07	479.14	-341.17	-360.83	-524.36	-317.25
Shares Outstanding (Basic)	1,091	1,050	945	901	527	74
Shares Outstanding (Diluted)	1,172	1,101	945	901	527	74
Shares Change (YoY)	18.55%	16.55%	4.90%	71.03%	613.23%	12.54%
EPS (Basic)	0.50	0.46	-0.36	-0.40	-1.00	-4.30
EPS (Diluted)	0.49	0.39	-0.36	-0.40	-1.00	-4.30
Free Cash Flow	-	-1,274	-7,339	-7,349	-1,402	-503.89
Free Cash Flow Per Share	-	-1.16	-7.76	-8.16	-2.66	-6.82
Operating Margin	10.44%	8.85%	-2.60%	-19.71%	-46.44%	-58.09%
Profit Margin	17.89%	18.13%	-16.50%	-23.75%	-53.65%	-56.10%
Free Cash Flow Margin	-	-48.20%	-354.89%	-483.74%	-143.51%	-89.10%

Updated Jul 29, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q