SOFI
Income statement / Annual
Last year (2024), SoFi Technologies, Inc.'s total revenue was $3.70 B,
an increase of 27.82% from the previous year.
In 2024, SoFi Technologies, Inc.'s net income was $498.67 M.
See SoFi Technologies, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
| Operating Revenue |
$3.70 B |
$2.90 B |
$1.76 B |
$1.09 B |
$751.14 M |
$721.02 M |
$599.95 M |
$824.63 M |
| Cost of Revenue |
$1.12 B
|
$844.27 M
|
$243.61 M
|
$110.35 M
|
$185.61 M
|
$278.36 M
|
$330.55 M
|
$152.21 M
|
| Gross Profit |
$2.58 B
|
$2.05 B
|
$1.52 B
|
$977.30 M
|
$565.53 M
|
$442.66 M
|
$269.40 M
|
$506.71 M
|
| Gross Profit Ratio |
0.7
|
0.71
|
0.86
|
0.9
|
0.75
|
0.61
|
0.45
|
0.61
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$68.26 M
|
| General & Administrative Expenses |
$600.09 M
|
$511.01 M
|
$501.62 M
|
$498.53 M
|
$237.38 M
|
$152.28 M
|
$121.95 M
|
$131.20 M
|
| Selling & Marketing Expenses |
$796.29 M
|
$719.40 M
|
$617.82 M
|
$426.88 M
|
$276.58 M
|
$266.20 M
|
$212.60 M
|
$211.18 M
|
| Selling, General & Administrative Expenses |
$1.40 B
|
$1.23 B
|
$1.12 B
|
$925.41 M
|
$513.96 M
|
$418.47 M
|
$334.55 M
|
$380.82 M
|
| Other Expenses |
$950.90 M
|
$1.12 B
|
$718.48 M
|
$533.07 M
|
$380.10 M
|
$263.79 M
|
$188.20 M
|
$0.00
|
| Operating Expenses |
$2.35 B
|
$2.35 B
|
$1.84 B
|
$1.46 B
|
$894.05 M
|
$682.26 M
|
$522.76 M
|
$449.07 M
|
| Cost And Expenses |
$3.47 B
|
$3.20 B
|
$2.08 B
|
$1.57 B
|
$1.08 B
|
$960.62 M
|
$853.31 M
|
$456.63 M
|
| Interest Income |
$2.81 B
|
$2.05 B
|
$773.37 M
|
$355.02 M
|
$363.54 M
|
$608.19 M
|
$589.62 M
|
$0.00
|
| Interest Expense |
$1.09 B
|
$789.33 M
|
$189.28 M
|
$102.78 M
|
$185.61 M
|
$278.36 M
|
$330.55 M
|
$0.00
|
| Depreciation & Amortization |
$203.50 M
|
$201.42 M
|
$151.36 M
|
$101.57 M
|
$69.83 M
|
$15.96 M
|
$10.91 M
|
$8.15 M
|
| EBITDA |
$436.84 M |
-$99.74 M |
-$167.36 M |
-$379.61 M |
-$258.69 M |
-$223.64 M |
-$242.45 M |
$65.78 M |
| EBITDA Ratio |
0.12
|
-0.03
|
-0.09
|
-0.35
|
-0.34
|
-0.31
|
-0.4
|
0.08
|
| Operating Income Ratio |
0.06
|
-0.1
|
-0.18
|
-0.44
|
-0.44
|
-0.33
|
-0.42
|
0.07
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
-$7.55 M
|
| Income Before Tax |
$233.35 M
|
-$301.16 M
|
-$318.72 M
|
-$481.18 M
|
-$328.52 M
|
-$239.60 M
|
-$253.36 M
|
$50.08 M
|
| Income Before Tax Ratio |
0.06
|
-0.1
|
-0.18
|
-0.44
|
-0.44
|
-0.33
|
-0.42
|
0.06
|
| Income Tax Expense |
-$265.32 M
|
-$416.00 K
|
$1.69 M
|
$2.76 M
|
-$104.47 M
|
$98.00 K
|
-$958.00 K
|
$311.00 K
|
| Net Income |
$498.67 M
|
-$300.74 M
|
-$320.41 M
|
-$483.94 M
|
-$224.05 M
|
-$239.70 M
|
-$252.40 M
|
$49.77 M
|
| Net Income Ratio |
0.13
|
-0.1
|
-0.18
|
-0.44
|
-0.3
|
-0.33
|
-0.42
|
0.06
|
| EPS |
0.46 |
-0.36 |
-0.4 |
-1 |
-2.731295 |
-2.269601 |
-2.172995 |
1.62 |
| EPS Diluted |
0.39 |
-0.36 |
-0.4 |
-1 |
-2.731295 |
-2.269601 |
-2.172995 |
1.33 |
| Weighted Average Shares Out |
$1.05 B
|
$945.02 M
|
$900.89 M
|
$526.73 M
|
$116.15 M
|
$116.15 M
|
$116.15 M
|
$36.98 M
|
| Weighted Average Shares Out Diluted |
$1.10 B
|
$945.02 M
|
$900.89 M
|
$526.73 M
|
$116.15 M
|
$116.15 M
|
$116.15 M
|
$36.98 M
|
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