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SoFi Technologies, Inc. (SOFI)
NASDAQ: SOFI · Real-Time Price · USD
14.67
-0.89 (-5.72%)
At close: Feb 21, 2025, 4:00 PM
14.77
+0.10 (0.67%)
After-hours: Feb 21, 2025, 7:59 PM EST

SoFi Technologies Revenue by Segment
Period Ending Dec 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
1.49B 1.42B 1.37B 1.36B 1.37B 1.35B 1.30B 1.22B
Lending Growth
8.37% 5.57% 5.77% 11.43% 20.23% 31.21% 38.99% 45.15%
Financial Services
821.51M 704.11M 584.05M 506.01M 436.56M 362.27M 292.97M 225.23M
Financial Services Growth
88.18% 94.36% 99.35% 124.66% 160.36% 190.24% 231.11% 199.68%
Technology Platform
395.18M 389.25M 376.63M 368.80M 352.32M 341.06M 335.92M 332.22M
Technology Platform Growth
12.17% 14.13% 12.12% 11.01% 11.80% 20.61% 35.33% 58.48%
Other
-27.05M 42.23M 62.27M 47.82M -45.69M -93.93M -85.43M -66.18M

Operating Metrics

Period Ending Dec 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
168.00M 160.00M 158.00M 151.00M 145.00M 137.00M 129.00M 126.00M
Galileo Accounts Growth
15.86% 16.79% 22.48% 19.84% 10.94% 10.48% 10.26% 14.55%
Total Products
53.00M 49.40M 46.20M 42.82M 39.54M 36.30M 33.05M 30.21M
Total Products Growth
34.03% 36.10% 39.78% 41.73% 43.69% 46.37% 51.13% 59.26%
Financial Products
12.74M 11.76M 10.99M 10.13M 9.48M 8.85M 7.90M 7.14M
Financial Products Growth
34.35% 32.82% 39.17% 41.85% 44.63% 49.59% 47.28% 51.10%
Members
10.13M 9.37M 8.77M 8.13M 7.54M 6.96M 6.20M 5.66M
Members Growth
34.27% 34.73% 41.52% 43.78% 44.40% 46.68% 43.55% 46.23%
Lending Products
2.01M 1.89M 1.79M 1.71M 1.66M 1.59M 1.50M 1.42M
Lending Products Growth
20.87% 18.63% 18.82% 20.41% 24.01% 24.53% 25.12% 24.32%

Contribution Profit by Segment
Period Ending Dec 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
890.54M 870.70M 835.72M 821.09M 823.26M 805.95M 782.56M 741.25M
Lending Growth
8.17% 8.03% 6.79% 10.77% 23.98% 43.85% 57.34% 66.73%
Financial Services
307.01M 217.21M 120.71M 61.19M -215.00K -68.86M -124.75M -174.15M
Technology Platform
126.96M 125.43M 124.67M 110.72M 94.83M 81.13M 68.47M 73.12M
Technology Platform Growth
33.87% 54.61% 82.07% 51.43% 23.94% 1.87% -9.72% 9.10%

Loan Origination by Type
Period Ending Dec 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
17.61B 15.59B 14.58B 14.13B 13.80B 13.04B 11.97B 10.70B
Personal Loans Growth
27.63% 19.48% 21.82% 32.05% 41.21% 45.68% 53.74% 61.93%
Student Loans
3.78B 3.22B 3.20B 2.86B 2.63B 2.25B 1.78B 1.79B
Student Loans Growth
43.75% 43.45% 79.26% 59.83% 17.12% -31.97% -53.21% -58.17%
Home Loans
1.82B 1.55B 1.42B 1.24B 997.49M 794.11M 654.66M 743.58M
Home Loans Growth
82.48% 95.41% 116.55% 67.28% 3.24% -47.69% -68.75% -70.90%

Operating Expense Breakdown
Period Ending Dec 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
796.29M 741.74M 713.55M 711.61M 719.40M 718.40M 693.81M 654.84M
Sales and Marketing Growth
10.69% 3.25% 2.85% 8.67% 16.44% 25.19% 31.73% 37.06%
General and Administrative
600.09M 570.85M 546.39M 532.56M 511.01M 492.41M 494.15M 488.80M
General and Administrative Growth
17.43% 15.93% 10.57% 8.95% 1.87% -4.14% 15.47% 3.27%
Technology and Development
551.79M 544.62M 530.60M 525.28M 511.42M 482.88M 467.89M 440.41M
Technology and Development Growth
7.89% 12.78% 13.40% 19.27% 26.20% 34.77% 45.30% 50.80%
Cost of Operations
461.63M 437.43M 411.97M 396.15M 380.00M 356.67M 341.49M 326.70M
Cost of Operations Growth
21.48% 22.64% 20.64% 21.26% 21.32% 18.18% 18.44% 21.07%
Provision for Credit Losses
31.71M 36.93M 52.75M 53.72M 54.95M 57.80M 52.29M 49.78M
Provision for Credit Losses Growth
-42.28% -36.11% 0.87% 7.92% 1.13% 31.14% 73.43% 142.42%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.