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SoFi Technologies Inc. (SOFI) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

FINANCIAL SERVICES · CREDIT SERVICES · DATA UPDATED 2026-08-06

SoFi Technologies Inc. (SOFI) operates in the CREDIT SERVICES industry and is headquartered in San Francisco, United States with about 6,100 employees. Its market capitalization is roughly $22 billion. In the fiscal year ended 2025-12-31, SOFI reported $4.8B in revenue and $481M in net income.

SoFi Technologies, Inc. provides various financial services in the United States, Latin America, Canada, and Hong Kong. The company operates through three segments: Lending, Technology Platform, and Financial Services.

Interactive charts & full statements → Open the SOFI valuation workbench →

SOFI Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Total Revenue$5.6B$4.8B$2.6B$2.1B$1.8B$1.1B$751M$443M$600M$825M
Gross Profit$4.3B$3.6B$2.6B$2.1B$1.5B$977M$566M$443M$269M$507M
Gross Margin %76.5%75.1%100.0%100.0%86.2%89.8%75.3%100.0%44.9%61.5%
Operating Income (EBIT)$738M$526M$860M($300M)($319M)($481M)($329M)($240M)($253M)$58M
Operating Margin %13.2%11.0%32.9%-14.6%-18.1%-44.2%-43.7%-54.1%-42.2%7.0%
Net Income$637M$481M$499M($301M)($320M)($484M)($224M)($240M)($252M)$50M
Net Margin %11.4%10.1%19.1%-14.7%-18.2%-44.5%-29.8%-54.1%-42.1%6.0%
EBITDA$927M$760M$437M($300M)($167M)($380M)($259M)($224M)($242M)$66M
Earnings Per Share (EPS)$0.48$0.38$0.45$-0.32$-0.36$-0.92$-0.48$-0.52$-0.54$1.35
Shares Outstanding (M)1,352M1,252M1,101M945M901M527M465M465M37M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

SOFI Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$1.6B$1.4B$1.3B$1.3B$1.1B$1.0B$1.0B$986M
Gross Profit$1.2B$1.1B$1.0B$952M$845M$766M$727M$688M
Gross Margin %76.7%77.5%76.4%75.1%74.8%73.9%72.2%69.7%
Operating Income (EBIT)$204M$200M$185M$149M$112M$80M$60M$64M
Operating Margin %13.0%14.2%13.9%11.7%9.9%7.7%5.9%6.5%
Net Income$157M$167M$174M$139M$97M$71M$332M$61M
Net Margin %10.0%11.8%13.0%11.0%8.6%6.9%33.0%6.2%
EBITDA$204M$267M$248M$208M$169M$135M$113M$116M
Earnings Per Share (EPS)$0.12$0.12$0.13$0.11$0.08$0.06$0.29$0.06
Shares Outstanding (M)1,352M1,378M1,346M1,291M1,184M1,185M1,151M1,104M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

SOFI Free Cash Flow History

Cash flowTTM → 2026-03-312025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Cash from Operations (CFO)($2.3B)($3.7B)($1.1B)($7.2B)($7.3B)($1.4B)($479M)($55M)$1.0B$77M
Capital Expenditures (CapEx)$266M$242M$164M$121M$104M$52M$25M$38M$14M$12M
Free Cash Flow (FCF)($2.5B)($4.0B)($1.3B)($7.3B)($7.4B)($1.4B)($504M)($92M)$1.0B$65M
FCF Margin %-45.4%-83.5%-49.1%-358.3%-417.5%-129.0%-67.1%-20.9%168.3%7.9%
Dividends Paid$0M$17M$40M$40M$40M$10.2B$24M$24M$1M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

SOFI Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Cash from Operations (CFO)$119M($991M)$73M($1.5B)$22M($200M)($1.2B)($484M)
Capital Expenditures (CapEx)$69M$68M$63M$66M$54M$44M$46M$39M
Free Cash Flow (FCF)$50M($1.1B)$10M($1.5B)($33M)($244M)($1.2B)($524M)
FCF Margin %3.6%-79.3%0.8%-135.7%-3.2%-24.2%-123.6%
Dividends Paid$0M$0M$323M$17M$17M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

SOFI Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Total Assets$60.9B$50.7B$36.3B$30.1B$19.0B$9.2B$8.6B$7.3B$28M
Cash & Cash Equivalents$3.1B$4.9B$2.5B$3.1B$1.4B$495M$873M$499M$537M
Total Liabilities$49.9B$40.2B$29.7B$24.5B$13.5B$4.5B$5.5B$5.2B$6.7B
Total Debt (Short + Long-Term)$0M$1.8B$3.1B$5.2B$6.0B$4.5B$4.9B$5.0B$28M
Total Shareholders' Equity$11.1B$10.5B$6.5B$5.6B$5.5B$4.7B$3.1B$2.1B($6.7B)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive SOFI viewer.

SOFI Metric Deep Dives

Episode 12 of the Behind the Moat podcast

The best year in the company's history — $3.6 billion of revenue, up 38%, and a first full year of bottom-line profit — met Wall Street's most feared short-seller. Muddy Waters argues the $1.05 billion of adjusted EBITDA is largely manufactured and collapses to about $103 million; SoFi calls the report factually inaccurate and misleading. Whom you believe is the whole question.

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