SOFI
Income statement / Annual
Last year (2023), SoFi Technologies, Inc.'s total revenue was $2.05 B,
an increase of 30.35% from the previous year.
In 2023, SoFi Technologies, Inc.'s net income was -$300.74 M.
See SoFi Technologies, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
| Operating Revenue |
$2.05 B
|
$1.57 B
|
$984.87 M
|
$565.53 M
|
$442.66 M
|
$269.40 M
|
$824.63 M
|
| Cost of Revenue |
$1.09 B |
$870.58 M |
$634.64 M |
$449.93 M |
$279.74 M |
$199.12 M |
$152.21 M |
| Gross Profit |
$958.23 M |
$702.96 M |
$350.24 M |
$115.61 M |
$162.92 M |
$70.28 M |
$672.42 M |
| Gross Profit Ratio |
0.47 |
0.45 |
0.36 |
0.2 |
0.37 |
0.26 |
0.82 |
| Research and Development
Expenses |
$511.42 M
|
$405.26 M
|
$276.09 M
|
$201.20 M
|
$147.46 M
|
-$0.42
|
$0.06
|
| General & Administrative
Expenses |
$511.01 M
|
$501.62 M
|
$498.53 M
|
$237.38 M
|
$152.28 M
|
$121.95 M
|
$131.20 M
|
| Selling & Marketing
Expenses |
$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 |
$1.23 B
|
$1.12 B
|
$925.41 M
|
$513.96 M
|
$418.47 M
|
$334.55 M
|
$380.82 M
|
| Other Expenses |
-$1.08 B |
-$967.34 M |
-$2.39 B |
-$1.41 B |
-$1.10 B |
-$526.75 M |
-$317.92 M |
| Operating Expenses |
$1.74 B |
$1.52 B |
-$1.47 B |
-$894.05 M |
-$682.26 M |
-$192.20 M |
$456.63 M |
| Cost And Expenses |
$1.74 B |
$1.52 B |
-$1.47 B |
-$894.05 M |
-$682.26 M |
-$192.20 M |
$456.63 M |
| Interest Income |
$861.05 M |
$773.37 M |
$355.02 M |
$363.54 M |
$608.19 M |
$589.62 M |
$0.00 |
| Interest Expense |
$789.33 M |
$189.28 M |
$102.78 M |
$185.61 M |
$278.36 M |
$330.55 M |
$0.00 |
| Depreciation &
Amortization |
$2.18 B
|
$1.89 B
|
$1.47 B
|
$894.05 M
|
$682.26 M
|
$522.76 M
|
$456.63 M
|
| EBITDA |
-$300.33 M
|
$21.91 M
|
-$379.61 M
|
-$258.69 M
|
-$223.64 M
|
$88.11 M
|
-$651,000.00
|
| EBITDA Ratio |
-0.15 |
0.01 |
-0.39 |
-0.46 |
-0.51 |
0.33 |
-0 |
| Operating Income Ratio
|
-0.15
|
-0.08
|
-0.49
|
-0.58
|
-0.54
|
0.29
|
0.01
|
| Total Other
Income/Expenses Net |
-$832,000.00
|
-$189.28 M
|
-$110.35 M
|
-$185.61 M
|
-$278.36 M
|
-$330.55 M
|
$100.63 M
|
| Income Before Tax |
-$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
|
-0.15
|
-0.2
|
-0.49
|
-0.58
|
-0.54
|
-0.94
|
0.46
|
| Income Tax Expense |
$416,000.00 |
$1.69 M |
$2.76 M |
-$104.47 M |
$98,000.00 |
-$958,000.00 |
$368.00 M |
| Net Income |
-$300.74 M |
-$320.41 M |
-$483.94 M |
-$224.05 M |
-$239.70 M |
-$252.40 M |
$50.08 M |
| Net Income Ratio |
-0.15 |
-0.2 |
-0.49 |
-0.4 |
-0.54 |
-0.94 |
0.06 |
| EPS |
-0.32 |
-0.36 |
-0.92 |
-3.03 |
-2.38 |
-2.17 |
1.35 |
| EPS Diluted |
-0.32 |
-0.36 |
-0.92 |
-3.03 |
-2.38 |
-2.17 |
1.35 |
| Weighted Average Shares
Out |
$945.02 M
|
$900.89 M
|
$526.73 M
|
$73.85 M
|
$100.63 M
|
$116.15 M
|
$36.98 M
|
| Weighted Average Shares
Out Diluted |
$945.02 M
|
$900.89 M
|
$526.73 M
|
$73.85 M
|
$100.63 M
|
$116.15 M
|
$36.98 M
|
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