SoFi Technologies, Inc. financial data

Symbol
SOFI on Nasdaq
Industry
Finance Services
Location
234 1 St Street, San Francisco, CA
State of incorporation
DE
Fiscal year end
December 31
Former names
Social Capital Hedosophia Holdings Corp. V (to 5/28/2021)
Latest financial report
10-K - Q4 2024 - Feb 24, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 451 % +11.5%
Return On Equity 8.18 %
Return On Assets 1.48 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1.1B shares
Common Stock, Shares, Outstanding 1.1B shares +12.2%
Entity Public Float 6.7B USD -9.46%
Common Stock, Value, Issued 109K USD +12.4%
Weighted Average Number of Shares Outstanding, Basic 1.05B shares +11.1%
Weighted Average Number of Shares Outstanding, Diluted 1.1B shares +16.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 503M USD +19.4%
Cost of Revenue 462M USD +21.5%
Research and Development Expense 552M USD +7.89%
Selling and Marketing Expense 796M USD +10.7%
General and Administrative Expense 600M USD +17.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 233M USD +17.1%
Income Tax Expense (Benefit) -265M USD -63679%
Net Income (Loss) Attributable to Parent 499M USD +594%
Earnings Per Share, Basic 0.46 USD/shares +675%
Earnings Per Share, Diluted 0.39 USD/shares +675%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.54B USD -17.7%
Operating Lease, Right-of-Use Asset 81.2M USD -9.39%
Intangible Assets, Net (Excluding Goodwill) 298M USD -18.2%
Goodwill 1.39B USD 0%
Assets 36.3B USD +20.5%
Contract with Customer, Liability, Current 7.47M USD +30.7%
Liabilities 29.7B USD +21.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax -8.37M USD -592%
Retained Earnings (Accumulated Deficit) -1.31B USD +27.6%
Stockholders' Equity Attributable to Parent 6.53B USD +24.7%
Liabilities and Equity 36.3B USD +20.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 738M USD
Net Cash Provided by (Used in) Financing Activities 1.06B USD -68.8%
Net Cash Provided by (Used in) Investing Activities -1.26B USD -3041%
Common Stock, Shares Authorized 3.1B shares 0%
Common Stock, Shares, Issued 1.1B shares +12.2%
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 532M USD -52.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.71B USD -25.1%
Deferred Tax Assets, Valuation Allowance 30.7M USD -91.1%
Deferred Tax Assets, Gross 441M USD +5.11%
Operating Lease, Liability 97.4M USD -10.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 492M USD +585%
Lessee, Operating Lease, Liability, to be Paid 117M USD -12%
Lessee, Operating Lease, Liability, to be Paid, Year Two 24.1M USD +3.93%
Lessee, Operating Lease, Liability, to be Paid, Year One 25.5M USD +3.82%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Income Tax Expense (Benefit) -967K USD -1522%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 20M USD -19.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 17.7M USD -17.5%
Deferred Tax Assets, Operating Loss Carryforwards 193M USD -18.5%
Unrecognized Tax Benefits 36.2M USD +22.1%
Lessee, Operating Lease, Liability, to be Paid, Year Four 16.3M USD +3.16%
Additional Paid in Capital 7.84B USD +11.3%
Depreciation, Depletion and Amortization 48.5M USD +7.1%
Deferred Tax Assets, Net of Valuation Allowance 410M USD +455%
Share-based Payment Arrangement, Expense 246M USD -9.24%
Interest Expense 917M USD +204%