SoFi Quarterly Income Statements Chart
Quarterly
|
Annual
SoFi Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| interest income | |||||||||||||||||
| loans and securitizations | 738,862,000 | 712,876,000 | 688,723,000 | 671,976,000 | 621,061,000 | 620,228,000 | |||||||||||
| other | 53,543,000 | 50,936,000 | 55,214,000 | 51,398,000 | 53,534,000 | 45,683,000 | 46,278,000 | 24,343,000 | 25,150,000 | 11,168,000 | 7,109,000 | 3,881,000 | 1,608,000 | 1,269,000 | 815,000 | 758,000 | 636,000 |
| total interest income | 792,405,000 | 763,812,000 | 743,937,000 | 723,374,000 | 674,595,000 | 665,911,000 | 645,237,000 | 564,270,000 | 469,996,000 | 371,564,000 | 307,408,000 | 198,039,000 | 149,512,000 | 118,412,000 | 94,783,000 | 93,601,000 | 84,108,000 |
| interest expense | |||||||||||||||||
| securitizations and warehouses | 29,650,000 | 28,144,000 | 23,022,000 | 31,093,000 | 17,362,000 | 40,921,000 | 62,989,000 | 63,847,000 | 63,060,000 | 54,324,000 | 50,969,000 | 20,653,000 | 18,599,000 | 19,906,000 | 15,067,000 | 19,360,000 | 26,250,000 |
| deposits | 233,232,000 | 225,399,000 | 238,596,000 | 248,292,000 | 231,815,000 | 211,451,000 | 182,612,000 | 145,563,000 | 106,529,000 | 73,116,000 | 40,670,000 | 14,149,000 | 4,543,000 | 431,000 | |||
| corporate borrowings | 11,504,000 | 11,428,000 | 12,039,000 | 12,871,000 | 12,725,000 | 10,711,000 | 9,882,000 | 9,784,000 | 9,167,000 | 8,000,000 | 7,069,000 | 5,270,000 | 3,450,000 | 2,649,000 | 2,593,000 | 1,366,000 | 1,378,000 |
| total interest expense | 274,568,000 | 265,086,000 | 273,768,000 | 292,364,000 | 262,011,000 | 263,193,000 | 255,596,000 | 219,307,000 | 178,870,000 | 135,554,000 | 98,824,000 | 40,189,000 | 26,783,000 | 23,479,000 | 18,206,000 | 21,226,000 | 28,096,000 |
| net interest income | 517,837,000 | 498,726,000 | 470,169,000 | 431,010,000 | 412,584,000 | 402,718,000 | 389,641,000 | 344,963,000 | 291,126,000 | 236,010,000 | 208,584,000 | 157,850,000 | 122,729,000 | 94,933,000 | 76,577,000 | 72,375,000 | 56,012,000 |
| noninterest income | |||||||||||||||||
| loan origination, sales, securitizations and servicing | 70,855,000 | ||||||||||||||||
| technology products and solutions | 90,796,000 | 86,437,000 | 88,376,000 | 90,896,000 | 85,866,000 | 85,672,000 | 87,026,000 | 81,856,000 | 82,289,000 | 72,801,000 | 81,339,000 | 82,035,000 | 81,670,000 | 59,857,000 | |||
| loan platform fees | 127,405,000 | 92,750,000 | 63,235,000 | 55,641,000 | |||||||||||||
| total noninterest income | 337,107,000 | 273,033,000 | 263,956,000 | 266,111,000 | 186,034,000 | 242,277,000 | 225,763,000 | 192,246,000 | 206,892,000 | 236,148,000 | 248,095,000 | 266,135,000 | 239,798,000 | 235,411,000 | 209,031,000 | 199,631,000 | 175,262,000 |
| total net revenue | 854,944,000 | 771,759,000 | 734,125,000 | 697,121,000 | 598,618,000 | 644,995,000 | 615,404,000 | 537,209,000 | 498,018,000 | 472,158,000 | 456,679,000 | 423,985,000 | 362,527,000 | 330,344,000 | 285,608,000 | 272,006,000 | 231,274,000 |
| yoy | 42.82% | 19.65% | 19.29% | 29.77% | 20.20% | 36.61% | 34.76% | 26.70% | 37.37% | 42.93% | 59.90% | 55.87% | 56.75% | ||||
| qoq | 10.78% | 5.13% | 5.31% | 16.46% | -7.19% | 4.81% | 14.56% | 7.87% | 5.48% | 3.39% | 7.71% | 16.95% | 9.74% | 15.66% | 5.00% | 17.61% | |
| benefit from credit losses | 10,035,000 | 5,678,000 | 6,877,000 | 6,013,000 | 11,640,000 | 7,182,000 | 12,092,000 | 21,831,000 | 12,615,000 | 8,407,000 | 14,945,000 | 16,323,000 | 10,103,000 | 12,961,000 | 4,686,000 | 2,401,000 | 486,000 |
| noninterest expense | |||||||||||||||||
| technology and product development | 152,146,000 | 156,206,000 | 148,986,000 | 139,714,000 | 132,167,000 | 130,920,000 | 141,817,000 | 125,698,000 | 126,845,000 | 117,059,000 | 113,281,000 | 110,702,000 | 99,366,000 | 81,908,000 | 66,316,000 | 74,434,000 | 69,389,000 |
| sales and marketing | 264,744,000 | 238,176,000 | 229,261,000 | 214,904,000 | 184,762,000 | 167,366,000 | 174,705,000 | 186,719,000 | 182,822,000 | 175,154,000 | 173,702,000 | 162,129,000 | 143,854,000 | 138,138,000 | 129,705,000 | 114,985,000 | 94,951,000 |
| cost of operations | 150,437,000 | 135,520,000 | 128,155,000 | 123,714,000 | 109,703,000 | 100,061,000 | 103,947,000 | 98,258,000 | 93,885,000 | 83,908,000 | 80,615,000 | 83,083,000 | 79,091,000 | 70,437,000 | 69,195,000 | 69,591,000 | 60,624,000 |
| general and administrative | 165,390,000 | 156,397,000 | 160,922,000 | 148,921,000 | 145,006,000 | 145,240,000 | 131,685,000 | 124,457,000 | 131,180,000 | 123,689,000 | 113,085,000 | 126,199,000 | 125,829,000 | 136,505,000 | 125,160,000 | 40,461,000 | 171,216,000 |
| total noninterest expense | 732,717,000 | 686,299,000 | 642,489,000 | 633,266,000 | 583,278,000 | 550,769,000 | 564,246,000 | 804,137,000 | 547,347,000 | 508,217,000 | 495,628,000 | 498,436,000 | 458,243,000 | 439,949,000 | 395,062,000 | 301,872,000 | 396,666,000 |
| income before income taxes | 112,192,000 | 79,782,000 | 59,924,000 | 63,855,000 | 15,340,000 | 94,226,000 | 51,158,000 | -266,928,000 | -49,329,000 | -36,059,000 | -38,949,000 | -74,451,000 | -95,716,000 | -109,605,000 | -109,454,000 | -29,866,000 | -165,392,000 |
| income tax benefit | -14,929,000 | 272,549,000 | -3,110,000 | 2,064,000 | -6,183,000 | -3,245,000 | 244,000 | 1,780,000 | 1,637,000 | -1,057,000 | 242,000 | -119,000 | -1,558,000 | -181,000 | 78,000 | ||
| net income | 97,263,000 | 71,116,000 | 332,473,000 | 60,745,000 | 17,404,000 | 88,043,000 | 47,913,000 | -266,684,000 | -47,549,000 | -34,422,000 | -40,006,000 | -74,209,000 | -95,835,000 | -110,357,000 | -111,012,000 | -30,047,000 | -165,314,000 |
| yoy | 458.85% | -19.23% | 593.91% | -122.78% | -136.60% | -355.78% | -219.76% | 259.37% | -50.38% | -68.81% | -63.96% | 146.98% | -42.03% | ||||
| qoq | 36.77% | -78.61% | 447.33% | 249.03% | -80.23% | 83.76% | -117.97% | 460.86% | 38.14% | -13.96% | -46.09% | -22.57% | -13.16% | -0.59% | 269.46% | -81.82% | |
| net income margin % | 11.38% | 9.21% | 45.29% | 8.71% | 2.91% | 13.65% | 7.79% | -49.64% | -9.55% | -7.29% | -8.76% | -17.50% | -26.44% | -33.41% | -38.87% | -11.05% | -71.48% |
| other comprehensive income | |||||||||||||||||
| unrealized gains on available-for-sale securities | 1,328,000 | 11,462,000 | -16,228,000 | 9,029,000 | 741,000 | -700,000 | -2,284,000 | 5,616,000 | 830,000 | 2,248,000 | |||||||
| foreign currency translation adjustments | -563,000 | -269,000 | -246,000 | 563,000 | -136,000 | -179,000 | 475,000 | 103,000 | 392,000 | -293,000 | 204,000 | 325,000 | -56,000 | -38,000 | 188,000 | 204,000 | -266,000 |
| total other comprehensive income | 765,000 | 11,193,000 | -16,474,000 | 9,592,000 | 605,000 | -879,000 | -1,809,000 | 5,719,000 | 1,222,000 | 1,955,000 | -2,032,250 | -1,589,000 | -73,000 | 54,000 | |||
| comprehensive income | 98,028,000 | 82,309,000 | 315,999,000 | 70,337,000 | 18,009,000 | 87,164,000 | -165,580,000 | ||||||||||
| earnings per share | |||||||||||||||||
| earnings per share – basic | 0.09 | 0.06 | 0.32 | 0.06 | 0.01 | 0.08 | |||||||||||
| earnings per share – diluted | 0.08 | 0.06 | 0.31 | 0.05 | 0.01 | 0.02 | |||||||||||
| weighted-average common stock outstanding – basic | 1,107,006 | 1,097,994 | 1,050,219 | 1,071,159,746 | 1,058,591,943 | 982,617,492 | 945,024,160 | 951,183,107 | 936,569,420 | 929,270,723 | 900,886,113 | 916,762,973 | 910,046,750 | 852,853,596 | 526,730,261 | 800,565,830 | 365,036,365 |
| weighted-average common stock outstanding – diluted | 1,182,877 | 1,185,466 | 1,101,390 | 1,104,450,416 | 1,065,171,357 | 1,042,476,501 | 945,024,160 | 951,183,107 | 936,569,420 | 929,270,723 | 900,886,113 | 916,762,973 | 910,046,750 | 852,853,596 | 526,730,261 | 800,565,830 | 365,036,365 |
| loan origination, sales, and securitizations | 48,358,000 | 73,913,000 | 70,085,000 | 54,872,000 | 57,000,000 | ||||||||||||
| servicing | 4,447,000 | -1,316,000 | 9,927,000 | 6,659,000 | 6,974,000 | 7,525,000 | 8,009,000 | 9,052,000 | 12,742,000 | 13,544,000 | 7,296,000 | 10,471,000 | 12,236,000 | 9,594,000 | 458,000 | -224,000 | |
| income tax expense | -8,666,000 | -752,000 | |||||||||||||||
| goodwill impairment | 247,174,000 | ||||||||||||||||
| loans | 334,369,000 | 537,947,000 | 442,187,000 | 357,342,000 | 297,824,000 | 191,525,000 | 145,337,000 | 114,385,000 | 91,119,000 | 89,844,000 | 79,678,000 | ||||||
| securitizations | 1,923,250 | 1,980,000 | 2,659,000 | 3,054,000 | 2,475,000 | 2,633,000 | 2,567,000 | 2,758,000 | 2,849,000 | 2,999,000 | 3,794,000 | ||||||
| loan origination and sales | 77,814,500 | 81,683,000 | 103,064,000 | 126,511,000 | 139,588,000 | 163,697,000 | 144,414,000 | 157,704,000 | 135,415,000 | 142,147,000 | 109,719,000 | ||||||
| comprehensive loss | 46,104,000 | -260,965,000 | -46,327,000 | -32,467,000 | -38,702,000 | -75,798,000 | -97,882,000 | -114,850,000 | -112,025,000 | -29,993,000 | |||||||
| loss per share | |||||||||||||||||
| loss per share – basic | 0.04 | -0.29 | -0.06 | -0.05 | -0.05 | -0.09 | -0.12 | -0.14 | -0.06 | -0.05 | -0.48 | ||||||
| loss per share – diluted | 0.04 | -0.29 | -0.06 | -0.05 | -0.05 | -0.09 | -0.12 | -0.14 | -0.06 | -0.05 | -0.48 | ||||||
| related party notes | |||||||||||||||||
| other comprehensive loss | |||||||||||||||||
| unrealized losses on available-for-sale securities | 1,100,000 | -1,914,000 | -1,991,000 | -4,455,000 | -1,201,000 | -150,000 | |||||||||||
| total other comprehensive loss | -2,047,000 | -4,493,000 | -266,000 | ||||||||||||||
| technology platform fees | 51,287,000 | 49,951,000 | 44,950,000 |
We provide you with 20 years income statements for SoFi stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of SoFi stock. Explore the full financial landscape of SoFi stock with our expertly curated income statements.
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