SoFi Technologies, Inc. specializes in delivering a wide array of online financial solutions. The company's business is structured across three main divisions: Lending, Technology Platform, and Financial Services. Through its diverse offerings, SoFi empowers its members to manage their money comprehensively, facilitating borrowing, saving, spending, investing, and asset protection. Its lending portfolio includes student loans, personal loans for various needs like debt consolidation or home improvements, and home mortgages. Furthermore, SoFi provides services for cash management and investment, complemented by its robust technology services. This technology segment features Galileo, a platform serving both financial and non-financial institutions; Apex, a technology-driven platform for investment custody and clearing brokerage; and Technisys, a cutting-edge, cloud-native core banking platform designed for multiple products. Established in 2011, SoFi Technologies, Inc. is based in San Francisco, California.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.77B | $3.70B | $2.90B | $1.76B | $1.09B | $751.14M | $721.02M | $599.95M |
| Cost of Revenue | $1.49B | $1.12B | $844.27M | $243.61M | $110.35M | $185.61M | $278.36M | $330.55M |
| Gross Profit | $3.28B | $2.58B | $2.05B | $1.52B | $977.30M | $565.53M | $442.66M | $269.40M |
| Gross Margin | 68.73% | 69.68% | 70.86% | 86.18% | 89.85% | 75.29% | 61.39% | 44.90% |
| Operating Expenses | $1.60B | $2.35B | $2.35B | $1.84B | $1.46B | $894.05M | $682.26M | $522.76M |
| Operating Income | $1.68B | $233.34M | $-301.16M | $-318.72M | $-481.18M | $-328.52M | $-239.60M | $-253.36M |
| Operating Margin | 35.27% | 6.30% | -10.39% | -18.08% | -44.24% | -43.74% | -33.23% | -42.23% |
| Net Income | $481.32M | $498.67M | $-300.74M | $-320.41M | $-483.94M | $-224.05M | $-239.70M | $-252.40M |
| Net Margin | 10.09% | 13.46% | -10.38% | -18.18% | -44.49% | -29.83% | -33.24% | -42.07% |
| EPS (Basic) | $0.42 | $0.46 | $-0.36 | $-0.40 | $-1.00 | $-2.73 | $-2.27 | $-2.17 |
| EBITDA | $1.92B | $436.84M | $-99.74M | $-167.36M | $-379.61M | $-258.69M | $-223.64M | $-242.44M |
| Stock Option Compensation Expense | $262.06M | $246.15M | $271.22M | $305.99M | $239.01M | $99.87M | $61.42M | $43.46M |
| Price To Earnings Ratio | 62.56 | 32.43 | -31.27 | -12.96 | -17.21 | -6.45 | -5.08 | -4.82 |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |