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SoFi Technologies, Inc. (SOFI)
NASDAQ: SOFI · Real-Time Price · USD
13.17
-0.15 (-1.13%)
At close: May 29, 2025, 4:00 PM
13.08
-0.09 (-0.68%)
After-hours: May 29, 2025, 7:59 PM EDT

SoFi Technologies Revenue by Segment
Period Ending Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020
Lending
1.57B 1.49B 1.42B 1.37B 1.36B 1.37B 1.35B 1.30B
Lending Growth
14.96% 8.37% 5.57% 5.77% 11.43% 20.23% 31.21% 38.99%
Financial Services
974.08M 821.51M 704.11M 584.05M 506.01M 436.56M 362.27M 292.97M
Financial Services Growth
92.50% 88.18% 94.36% 99.35% 124.66% 160.36% 190.24% 231.11%
Technology Platform
404.24M 395.18M 389.25M 376.63M 368.80M 352.32M 341.06M 335.92M
Technology Platform Growth
9.61% 12.17% 14.13% 12.12% 11.01% 11.80% 20.61% 35.33%
Other
-144.81M -27.05M 42.23M 62.27M 47.82M -45.69M -93.93M -85.43M

Operating Metrics

Period Ending Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019
Galileo Accounts
158.43M 168.00M 160.00M 158.00M 151.00M 145.00M 137.00M 129.00M
Galileo Accounts Growth
4.92% 15.86% 16.79% 22.48% 19.84% 10.94% 10.48% 10.26%
Total Products
57.09M 53.00M 49.40M 46.20M 42.82M 39.54M 36.30M 33.05M
Total Products Growth
33.32% 34.03% 36.10% 39.78% 41.73% 43.69% 46.37% 51.13%
Financial Products
13.79M 12.74M 11.76M 10.99M 10.13M 9.48M 8.85M 7.90M
Financial Products Growth
36.15% 34.35% 32.82% 39.17% 41.85% 44.63% 49.59% 47.28%
Members
10.92M 10.13M 9.37M 8.77M 8.13M 7.54M 6.96M 6.20M
Members Growth
34.23% 34.27% 34.73% 41.52% 43.78% 44.40% 46.68% 43.55%
Lending Products
2.13M 2.01M 1.89M 1.79M 1.71M 1.66M 1.59M 1.50M
Lending Products Growth
24.92% 20.87% 18.63% 18.82% 20.41% 24.01% 24.53% 25.12%

Contribution Profit by Segment
Period Ending Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020
Lending
921.76M 890.54M 870.70M 835.72M 821.09M 823.26M 805.95M 782.56M
Lending Growth
12.26% 8.17% 8.03% 6.79% 10.77% 23.98% 43.85% 57.34%
Financial Services
418.17M 307.01M 217.21M 120.71M 61.19M -215.00K -68.86M -124.75M
Financial Services Growth
583.34% - - - - - - -
Technology Platform
127.13M 126.96M 125.43M 124.67M 110.72M 94.83M 81.13M 68.47M
Technology Platform Growth
14.82% 33.87% 54.61% 82.07% 51.43% 23.94% 1.87% -9.72%

Loan Origination by Type
Period Ending Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019
Personal Loans
19.87B 17.61B 15.59B 14.58B 14.13B 13.80B 13.04B 11.97B
Personal Loans Growth
40.66% 27.63% 19.48% 21.82% 32.05% 41.21% 45.68% 53.74%
Student Loans
4.22B 3.78B 3.22B 3.20B 2.86B 2.63B 2.25B 1.78B
Student Loans Growth
47.76% 43.75% 43.45% 79.26% 59.83% 17.12% -31.97% -53.21%
Home Loans
2.00B 1.82B 1.55B 1.42B 1.24B 997.49M 794.11M 654.66M
Home Loans Growth
60.94% 82.48% 95.41% 116.55% 67.28% 3.24% -47.69% -68.75%

Operating Expense Breakdown
Period Ending Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021
Sales and Marketing
867.10M 796.29M 741.74M 713.55M 711.61M 719.40M 718.40M 693.81M
Sales and Marketing Growth
21.85% 10.69% 3.25% 2.85% 8.67% 16.44% 25.19% 31.73%
General and Administrative
611.25M 600.09M 570.85M 546.39M 532.56M 511.01M 492.41M 494.15M
General and Administrative Growth
14.77% 17.43% 15.93% 10.57% 8.95% 1.87% -4.14% 15.47%
Technology and Development
577.07M 551.79M 544.62M 530.60M 525.28M 511.42M 482.88M 467.89M
Technology and Development Growth
9.86% 7.89% 12.78% 13.40% 19.27% 26.20% 34.77% 45.30%
Cost of Operations
497.09M 461.63M 437.43M 411.97M 396.15M 380.00M 356.67M 341.49M
Cost of Operations Growth
25.48% 21.48% 22.64% 20.64% 21.26% 21.32% 18.18% 18.44%
Provision for Credit Losses
30.21M 31.71M 36.93M 52.75M 53.72M 54.95M 57.80M 52.29M
Provision for Credit Losses Growth
-43.77% -42.28% -36.11% 0.87% 7.92% 1.13% 31.14% 73.43%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.