SoFi Technologies, Inc. (SOFI) income statement
NASDAQ · Financial Services · Financial - Credit Services · 6,100 employees · CEO Anthony J. Noto
- Price
- $16.76 -4.83%
- Market cap
- $21.6B
- Enterprise value
- $22.8B
- Last report
- Q3 '26 filed 2026-10-27
- Next report
- 2027-01-29
SoFi Technologies, Inc. (SOFI) reported revenue of $1.8B for Q3 '26 (+41.9% year on year), operating income of $318M (17.7% of revenue) and net income of $241M. Over the last four quarters revenue was $6.11B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $856M | $849M | $861M | $986M | $1.01B | $1.04B | $1.13B | $1.27B | $1.34B | $1.41B | $1.57B | $1.8B | |
| Cost of revenue | $268M | $270M | $274M | $298M | $281M | $271M | $285M | $316M | $316M | $317M | $366M | $428M | |
| Gross profit | $589M | $579M | $587M | $688M | $727M | $766M | $845M | $952M | $1.02B | $1.09B | $1.2B | $1.37B | |
| Research & development | $0 | $131M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $188M | $191M | $0 | |
| Sales & marketing | $175M | $167M | $185M | $215M | $229M | $238M | $265M | $287M | $306M | $336M | $392M | $444M | |
| General & administrative | $132M | $145M | $145M | $149M | $161M | $156M | $165M | $188M | $194M | $198M | $217M | $399M | |
| Other operating expenses | $231M | $40.9M | $242M | $260M | $277M | $292M | $303M | $329M | $334M | $171M | $200M | $210M | |
| Operating expenses | $538M | $484M | $572M | $624M | $667M | $686M | $733M | $804M | $834M | $892M | $1B | $1.05B | |
| Operating income | $51.2M | $94.2M | $15.3M | $63.9M | $59.9M | $79.8M | $112M | $149M | $185M | $200M | $204M | $318M | |
| Interest income | $645M | $666M | $675M | $723M | $744M | $764M | $792M | $892M | $927M | $1B | $1.14B | $1.34B | |
| Interest expense | $256M | $263M | $262M | $292M | $274M | $265M | $275M | $306M | $310M | $308M | $352M | $414M | |
| Other non-operating income (gains on investments, FX ...) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$414M | |
| Income before tax | $51.2M | $94.2M | $15.3M | $63.9M | $59.9M | $79.8M | $112M | $149M | $185M | $200M | $204M | $318M | |
| Income tax | $3.25M | $6.18M | -$2.06M | $3.11M | -$273M | $8.67M | $14.9M | $9.16M | $11.8M | $32.8M | $47.7M | $76.8M | |
| Net income | $47.9M | $88M | $17.4M | $60.7M | $332M | $71.1M | $97.3M | $139M | $174M | $167M | $157M | $241M | |
| EPS (basic) | $0.04 | $0.08 | $0.01 | $0.05 | $0.32 | $0.06 | $0.09 | $0.12 | $0.14 | $0.13 | $0.12 | $0.19 | |
| EPS (diluted) | $0.04 | $0.02 | $0.01 | $0.05 | $0.30 | $0.06 | $0.08 | $0.11 | $0.13 | $0.12 | $0.12 | $0.18 | |
| Shares (basic, weighted) | 963M | 983M | 1.06B | 1.07B | 1.09B | 1.1B | 1.1B | 1.17B | 1.22B | 1.28B | 1.28B | 1.29B | |
| Shares (diluted, weighted) | 1.03B | 1.04B | 1.07B | 1.1B | 1.15B | 1.19B | 1.18B | 1.29B | 1.35B | 1.38B | 1.35B | 1.36B | |
| Depreciation & amortization | $53.4M | $48.5M | $49.6M | $51.8M | $53.5M | $55.3M | $56.7M | $59.2M | $62.9M | $67.6M | $73.1M | $0 | |
| EBITDA | $105M | $143M | $65M | $116M | $113M | $135M | $169M | $208M | $248M | $267M | $277M | $732M |
| Income statement | Trend | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $825M | $600M | $721M | $751M | $1.09B | $1.76B | $2.9B | $3.7B | $4.77B | |
| Cost of revenue | $152M | $331M | $278M | $186M | $110M | $244M | $844M | $1.12B | $1.19B | |
| Gross profit | $507M | $269M | $443M | $566M | $977M | $1.52B | $2.05B | $2.58B | $3.58B | |
| Research & development | $68.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Sales & marketing | $211M | $213M | $266M | $277M | $427M | $618M | $719M | $796M | $1.1B | |
| General & administrative | $131M | $122M | $152M | $237M | $499M | $502M | $511M | $600M | $704M | |
| Other operating expenses | $0 | $188M | $264M | $380M | $533M | $718M | $1.12B | $951M | $1.26B | |
| Operating expenses | $449M | $523M | $682M | $894M | $1.46B | $1.84B | $2.35B | $2.35B | $3.06B | |
| Operating income | $57.6M | -$253M | -$240M | -$329M | -$481M | -$319M | -$301M | $233M | $526M | |
| Interest income | $0 | $590M | $608M | $364M | $355M | $773M | $2.05B | $2.81B | $3.38B | |
| Interest expense | $0 | $331M | $278M | $186M | $103M | $189M | $789M | $1.09B | $1.16B | |
| Total non-operating income | -$7.55M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income before tax | $50.1M | -$253M | -$240M | -$329M | -$481M | -$319M | -$301M | $233M | $526M | |
| Income tax | $311K | -$958K | $98K | -$104M | $2.76M | $1.69M | -$416K | -$265M | $44.5M | |
| Net income | $49.8M | -$252M | -$240M | -$224M | -$484M | -$320M | -$301M | $499M | $481M | |
| EPS (basic) | $1.62 | -$2.17 | -$2.27 | -$2.73 | -$1.00 | -$0.40 | -$0.36 | $0.46 | $0.42 | |
| EPS (diluted) | $1.33 | -$2.17 | -$2.27 | -$2.73 | -$1.00 | -$0.40 | -$0.36 | $0.39 | $0.39 | |
| Shares (basic, weighted) | 37M | 116M | 116M | 116M | 527M | 901M | 945M | 1.05B | 1.15B | |
| Shares (diluted, weighted) | 37M | 116M | 116M | 116M | 527M | 901M | 945M | 1.1B | 1.25B | |
| Depreciation & amortization | $8.15M | $10.9M | $16M | $69.8M | $102M | $151M | $201M | $203M | $234M | |
| EBITDA | $65.8M | -$242M | -$224M | -$259M | -$380M | -$167M | -$99.7M | $437M | $760M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02