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SoFi Technologies, Inc. (SOFI)
NASDAQ: SOFI · Real-Time Price · USD
21.49
-0.91 (-4.06%)
Jul 30, 2025, 3:02 PM - Market open

SoFi Technologies Revenue by Segment

Period EndingMar 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
1.57B1.49B1.42B1.37B1.36B1.37B1.35B1.30B
Lending Growth
14.96%8.37%5.57%5.77%11.43%20.23%31.21%38.99%
Financial Services
974.08M821.51M704.11M584.05M506.01M436.56M362.27M292.97M
Financial Services Growth
92.50%88.18%94.36%99.35%124.66%160.36%190.24%231.11%
Technology Platform
404.24M395.18M389.25M376.63M368.80M352.32M341.06M335.92M
Technology Platform Growth
9.61%12.17%14.13%12.12%11.01%11.80%20.61%35.33%
Other
-144.81M-27.05M42.23M62.27M47.82M-45.69M-93.93M-85.43M

Operating Metrics

Period EndingMar 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
158.43M168.00M160.00M158.00M151.00M145.00M137.00M129.00M
Galileo Accounts Growth
4.92%15.86%16.79%22.48%19.84%10.94%10.48%10.26%
Total Products
57.09M53.00M49.40M46.20M42.82M39.54M36.30M33.05M
Total Products Growth
33.32%34.03%36.10%39.78%41.73%43.69%46.37%51.13%
Financial Products
13.79M12.74M11.76M10.99M10.13M9.48M8.85M7.90M
Financial Products Growth
36.15%34.35%32.82%39.17%41.85%44.63%49.59%47.28%
Members
10.92M10.13M9.37M8.77M8.13M7.54M6.96M6.20M
Members Growth
34.23%34.27%34.73%41.52%43.78%44.40%46.68%43.55%
Lending Products
2.13M2.01M1.89M1.79M1.71M1.66M1.59M1.50M
Lending Products Growth
24.92%20.87%18.63%18.82%20.41%24.01%24.53%25.12%

Contribution Profit by Segment

Period EndingMar 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
921.76M890.54M870.70M835.72M821.09M823.26M805.95M782.56M
Lending Growth
12.26%8.17%8.03%6.79%10.77%23.98%43.85%57.34%
Financial Services
418.17M307.01M217.21M120.71M61.19M-215.00K-68.86M-124.75M
Financial Services Growth
583.34%-------
Technology Platform
127.13M126.96M125.43M124.67M110.72M94.83M81.13M68.47M
Technology Platform Growth
14.82%33.87%54.61%82.07%51.43%23.94%1.87%-9.72%

Loan Origination by Type

Period EndingMar 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
19.87B17.61B15.59B14.58B14.13B13.80B13.04B11.97B
Personal Loans Growth
40.66%27.63%19.48%21.82%32.05%41.21%45.68%53.74%
Student Loans
4.22B3.78B3.22B3.20B2.86B2.63B2.25B1.78B
Student Loans Growth
47.76%43.75%43.45%79.26%59.83%17.12%-31.97%-53.21%
Home Loans
2.00B1.82B1.55B1.42B1.24B997.49M794.11M654.66M
Home Loans Growth
60.94%82.48%95.41%116.55%67.28%3.24%-47.69%-68.75%

Operating Expense Breakdown

Period EndingMar 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
867.10M796.29M741.74M713.55M711.61M719.40M718.40M693.81M
Sales and Marketing Growth
21.85%10.69%3.25%2.85%8.67%16.44%25.19%31.73%
General and Administrative
611.25M600.09M570.85M546.39M532.56M511.01M492.41M494.15M
General and Administrative Growth
14.77%17.43%15.93%10.57%8.95%1.87%-4.14%15.47%
Technology and Development
577.07M551.79M544.62M530.60M525.28M511.42M482.88M467.89M
Technology and Development Growth
9.86%7.89%12.78%13.40%19.27%26.20%34.77%45.30%
Cost of Operations
497.09M461.63M437.43M411.97M396.15M380.00M356.67M341.49M
Cost of Operations Growth
25.48%21.48%22.64%20.64%21.26%21.32%18.18%18.44%
Provision for Credit Losses
30.21M31.71M36.93M52.75M53.72M54.95M57.80M52.29M
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.