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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	3,192	2,808	2,051	773.37	355.02	363.54
Total Interest Expense	1,120	1,091	789.33	189.28	102.78	185.61
Net Interest Income	2,072	1,716	1,262	584.1	252.24	177.93
Other Revenue	1,011	702.51	489.24	424.07	249.86	16.28
Revenue Before Loan Losses	3,322	2,675	2,123	1,574	984.87	565.53
Provision for Loan Losses	31.79	31.71	54.95	54.33	7.57	-
Revenue	3,291	2,643	2,068	1,519	977.3	565.53
Revenue Growth (YoY)	30.62%	27.82%	36.11%	55.45%	72.81%	27.76%
Salaries & Employee Benefits	246.05	232.69	260.55	288.16	227.27	93.8
Cost of Services Provided	2,644	2,176	1,861	1,530	1,204	800.25
Total Operating Expenses	2,890	2,409	2,122	1,819	1,431	894.05
Operating Income	401.06	233.96	-53.84	-299.4	-453.84	-328.52
EBT Excluding Unusual Items	401.06	233.96	-53.84	-299.4	-453.84	-328.52
Impairment of Goodwill	-	-	-247.17	-	-	-
Pretax Income	400.45	233.35	-301.16	-318.72	-481.18	-328.52
Income Tax Expense	-239.8	-265.32	-0.42	1.69	2.76	-104.47
Net Income	640.24	498.67	-300.74	-320.41	-483.94	-224.05
Preferred Dividends & Other Adjustments	-	19.53	40.43	40.43	40.43	93.19
Net Income to Common	640.24	479.14	-341.17	-360.83	-524.36	-317.25
Shares Outstanding (Basic)	1,116	1,050	945	901	527	74
Shares Outstanding (Diluted)	1,208	1,101	945	901	527	74
Shares Change (YoY)	15.07%	16.55%	4.90%	71.03%	613.23%	12.54%
EPS (Basic)	0.57	0.46	-0.36	-0.40	-1.00	-4.30
EPS (Diluted)	0.54	0.39	-0.36	-0.40	-1.00	-4.30
Free Cash Flow	-3,170	-1,274	-7,339	-7,349	-1,402	-503.89
Free Cash Flow Per Share	-2.63	-1.16	-7.76	-8.16	-2.66	-6.82
Operating Margin	12.19%	8.85%	-2.60%	-19.71%	-46.44%	-58.09%
Profit Margin	19.46%	18.13%	-16.50%	-23.75%	-53.65%	-56.10%
Free Cash Flow Margin	-96.33%	-48.20%	-354.89%	-483.74%	-143.51%	-89.10%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q