-
Income Statement
-
Balance Sheet
-
Cashflow Statement
-
Profitability
-
Ratios
SoFi Technologies's Income Statement
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Revenue |
|
$751.14 M | $1.09 B | $1.76 B | $2.90 B | $3.70 B |
| Cost of Revenue |
|
$185.61 M | $110.35 M | $243.61 M | $844.27 M | $1.12 B |
| Gross Profit |
|
$565.53 M | $977.30 M | $1.52 B | $2.05 B | $2.58 B |
| Research & Development |
|
- | - | - | - | - |
| Selling,General & Administrative |
|
$513.96 M | $925.41 M | $1.12 B | $1.23 B | $1.40 B |
| Operating Expense |
|
$894.05 M | $1.46 B | $1.84 B | $2.35 B | $2.35 B |
| Operating Income |
|
-$328.52 M | -$481.18 M | -$318.72 M | -$301.16 M | $233.35 M |
| Net Income |
|
-$224.05 M | -$483.94 M | -$320.41 M | -$300.74 M | $498.67 M |
SoFi Technologies's Assets vs Liabilities & Equity
SoFi Technologies's Balance Sheet
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents |
|
$872.58 M | $689.62 M | $1.46 B | $3.59 B | $4.34 B |
| Inventories |
|
- | - | - | - | - |
| Total Current Assets |
|
$890.51 M | $833.04 M | $1.66 B | $3.87 B | $5.21 B |
| Property,Plant and Equipment |
|
$198.35 M | $227.06 M | $267.24 M | $306.54 M | $369.09 M |
| Goodwill |
|
$899.27 M | $898.53 M | $1.62 B | $1.39 B | $1.39 B |
| Total Assets |
|
$8.56 B | $9.18 B | $19.01 B | $30.07 B | $36.25 B |
| Total Liabilities |
|
$5.51 B | $4.48 B | $13.48 B | $24.52 B | $29.73 B |
| Retained Earnings |
|
-$699.18 M | -$1.18 B | -$1.50 B | -$1.80 B | -$1.31 B |
| Total Shareholder Equity |
|
$3.05 B | $4.70 B | $5.53 B | $5.55 B | $6.53 B |
| Common Stock |
|
- | $83.00 K | $93.00 K | $97.00 K | $109.00 K |
SoFi Technologies's Cash flow
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Depreciation & Amortization |
|
$69.83 M | $101.57 M | $151.36 M | $201.42 M | $203.50 M |
| Dividends Payout |
|
-$40.54 M | -$40.43 M | -$40.43 M | -$40.43 M | -$16.50 M |
| Capital Expenditures (Capex) |
|
-$24.55 M | -$52.26 M | -$103.73 M | -$121.19 M | -$163.62 M |
| Free Cash Flow (FCF) |
|
-$503.89 M | -$1.40 B | -$7.36 B | -$7.35 B | -$1.28 B |
SoFi Technologies's Profitability
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Gross Profit |
|
$565.53 M | $977.30 M | $1.52 B | $2.05 B | $2.58 B |
| Gross Profit Margin (%) |
|
75.29% | 89.85% | 86.18% | 70.86% | 69.68% |
| Operating Income |
|
-$328.52 M | -$481.18 M | -$318.72 M | -$301.16 M | $233.35 M |
| Operating Income Margin (%) |
|
-43.74% | -44.24% | -18.08% | -10.39% | 6.30% |
| Net Income |
|
-$224.05 M | -$483.94 M | -$320.41 M | -$300.74 M | $498.67 M |
| Net Income Margin (%) |
|
-29.83% | -44.49% | -18.18% | -10.38% | 13.46% |
| EBITDA |
|
-$258.69 M | -$379.61 M | -$167.36 M | -$99.74 M | $436.84 M |
| EBITDA Margin (%) |
|
-34.44% | -34.90% | -9.49% | -3.44% | 11.79% |
SoFi Technologies's Ratios
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) |
|
-7.34% | -10.30% | -5.80% | -5.41% | 7.64% |
| Return on Assets (ROA) |
|
-2.62% | -5.27% | -1.69% | -1.00% | 1.38% |
| Debt to Equity |
|
165.61% | 89.29% | 101.92% | 96.54% | 49.11% |
| Debt to total asset |
|
59.05% | 45.71% | 29.64% | 17.83% | 8.84% |
| Enterprise value to revenue |
|
7.49 | 11.06 | 4.75 | 4.03 | 4.55 |
| Enterprise value to EBITDA |
|
-21.76 | -31.68 | -49.99 | -117.11 | 38.55 |
| Enterprise value |
|
$5.63 B | $12.03 B | $8.37 B | $11.68 B | $16.84 B |
| Tax Rate (%) |
|
31.80% | -0.57% | -0.53% | 0.14% | -113.70% |
Frequently Asked Questions
