SoFi Technologies, Inc. (SOFI) Financials

$16.48

north_east
$0.49 (3.03%)
Day's range
$16.11
Day's range
$16.67

SOFI Income statement / Annual

Last year (2024), SoFi Technologies, Inc.'s total revenue was $2.81 B, an increase of 35.78% 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 $2.81 B $2.07 B $1.52 B $977.30 M $565.53 M $442.66 M $269.40 M $506.71 M
Cost of Revenue $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Gross Profit $2.81 B $2.07 B $1.52 B $977.30 M $565.53 M $442.66 M $269.40 M $506.71 M
Gross Profit Ratio 1 1 1 1 1 1 1 1
Research and Development Expenses $551.79 M $515.66 M $405.26 M $276.09 M $201.20 M $147.46 M $99.32 M $68.26 M
General & Administrative Expenses $600.09 M $788.52 M $623.58 M $536.16 M $352.82 M $242.53 M $182.47 M $131.20 M
Selling & Marketing Expenses $796.29 M $692.62 M $593.65 M $410.74 M $268.53 M $262.01 M $210.30 M $211.18 M
Selling, General & Administrative Expenses $1.40 B $1.74 B $1.51 B $1.17 B $715.16 M $563.79 M $433.87 M $380.82 M
Other Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Operating Expenses $1.95 B $2.26 B $1.91 B $1.45 B $916.36 M $711.25 M $533.19 M $449.07 M
Cost And Expenses $1.95 B $2.26 B $1.91 B $1.45 B $916.36 M $711.25 M $533.19 M $449.07 M
Interest Income $0.00 $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 $0.00 $201.42 M $151.36 M $101.57 M $69.83 M $15.96 M $10.91 M $8.15 M
EBITDA $0.00 $11.91 M -$240.07 M -$371.38 M -$280.99 M -$252.64 M -$252.88 M $65.78 M
EBITDA Ratio 0 0 0.01 -0.39 -0.46 -0.51 0.33 -0
Operating Income Ratio 0.31 0.12 -0.07 -0.35 0 0.05 0.13 0.45
Total Other Income/Expenses Net -$626.30 M -$111.65 M $72.71 M -$8.23 M $22.30 M $28.99 M $10.43 M -$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 $376.15 M
Income Before Tax Ratio 0.08 -0.14 -0.2 -0.49 -0.58 -0.54 -0.94 0.46
Income Tax Expense $265.32 M -$416,000.00 $1.69 M $2.76 M -$104.47 M $98,000.00 -$958,000.00 $368.00 M
Net Income $498.67 M -$300.74 M -$320.41 M -$483.94 M -$224.05 M -$239.70 M -$252.40 M $50.08 M
Net Income Ratio 0.18 -0.14 -0.2 -0.49 -0.4 -0.54 -0.94 0.06
EPS 0.47 -0.36 -0.4 -1 -2.73 -2.27 -2.17 1.35
EPS Diluted 0.45 -0.36 -0.4 -1 -2.73 -2.27 -2.17 1.35
Weighted Average Shares Out $1.05 B $945.02 M $900.89 M $526.73 M $116.15 M $100.63 M $100.63 M $100.63 M
Weighted Average Shares Out Diluted $1.10 B $945.02 M $900.89 M $526.73 M $116.15 M $100.63 M $100.63 M $100.63 M
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