Financials in USD. Standardized financial statements.
A compact view of how SoFi Technologies, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $4.77B | $3.70B | $2.90B | $1.76B | $1.09B | $751.14M | $721.02M | $599.95M | $824.63M |
| Revenue Growth? | +28.8% | +27.8% | +64.4% | +62.1% | +44.8% | +4.2% | +20.2% | -27.2% | 0.0% |
| Cost of Revenue? | $1.19B | $1.12B | $844.27M | $243.61M | $110.35M | $185.61M | $278.36M | $330.55M | $152.21M |
| Gross Profit? | $3.58B | $2.58B | $2.05B | $1.52B | $977.30M | $565.53M | $442.66M | $269.40M | $506.71M |
| Gross Margin? | +75.1% | +69.7% | +70.9% | +86.2% | +89.9% | +75.3% | +61.4% | +44.9% | +61.4% |
| Operating Expenses? | $3.06B | $2.35B | $2.35B | $1.84B | $1.46B | $894.05M | $682.26M | $522.76M | $449.07M |
| Operating Income? | $525.86M | $233.34M | -$301.16M | -$318.72M | -$481.18M | -$328.52M | -$239.60M | -$253.36M | $57.63M |
| EBITDA? | $760.01M | $436.84M | -$99.74M | -$167.36M | -$379.61M | -$258.69M | -$223.64M | -$242.44M | $65.78M |
| Income Before Tax | $525.86M | $233.34M | -$301.16M | -$318.72M | -$481.18M | -$328.52M | -$239.60M | -$253.36M | $50.08M |
| Income Tax Expense | $44.54M | -$265.32M | -$416,000 | $1.69M | $2.76M | -$104.47M | $98,000 | -$958,000 | $311,000 |
| Net Income? | $481.32M | $498.67M | -$300.74M | -$320.41M | -$483.94M | -$224.05M | -$239.70M | -$252.40M | $49.77M |
| EPS? | $0.42 | $0.46 | $-0.36 | $-0.40 | $-1.00 | $-2.73 | $-2.27 | $-2.17 | $1.62 |
| Diluted EPS? | $0.39 | $0.39 | $-0.36 | $-0.40 | $-1.00 | $-2.73 | $-2.27 | $-2.17 | $1.33 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality