SoFi Technologies, Inc.SOFIEarnings & Financial Report
SoFi Technologies, Inc. is an American financial technology company. Founded in 2011 by Stanford University students, it operates as a nationally chartered online bank and is a technology provider to other financial institutions. SoFi is the largest U.S. based online lender, and has 13.7 million customers as of 2025.
Revenue
$156.8M
Gross Profit
$-4.6M
Operating Profit
$148.6M
Net Profit
$139.4M
Gross Margin
-3.0%
Operating Margin
94.7%
Net Margin
88.9%
YoY Growth
19.5%
EPS
$0.11
Financial Flow
SoFi Technologies, Inc. Q3 2025 Financial Summary
SoFi Technologies, Inc. reported revenue of $156.8M (up 19.5% YoY) for Q3 2025, with a net profit of $139.4M (up 129.5% YoY) (88.9% margin). Cost of goods sold was $161.4M.
Key Financial Metrics
| Total Revenue | $156.8M |
|---|---|
| Net Profit | $139.4M |
| Gross Margin | -3.0% |
| Operating Margin | 94.7% |
| Report Period | Q3 2025 |
Revenue Breakdown
SoFi Technologies, Inc. Q3 2025 revenue of $156.8M breaks down across 7 segments, led by Technology Services at $88.0M (56.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Technology Services | $88.0M | 56.1% |
| Interchange | $29.1M | 18.6% |
| Referrals Loan Platform | $18.0M | 11.5% |
| Brokerage | $12.3M | 7.8% |
| Financial Service Other | $4.1M | 2.6% |
| Other | $3.7M | 2.4% |
| Technology Platform Other | $1.6M | 1.0% |
SoFi Technologies, Inc. Revenue by Segment — Quarterly Trend
SoFi Technologies, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Technology Services and Interchange) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Technology Services | — | $88.0M | — | — |
| Interchange | $35.9M | $29.1M | $26.5M | $22.8M |
| Referrals Loan Platform | $19.7M | $18.0M | $22.5M | $19.7M |
| Brokerage | $12.9M | $12.3M | $7.5M | $7.0M |
| Financial Service Other | $4.1M | $4.1M | $2.2M | $1.7M |
SoFi Technologies, Inc. Annual Revenue by Year
SoFi Technologies, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $619.4M).
| Year | Annual Revenue |
|---|---|
| 2025 | $619.4M |
| 2024 | $503.1M |
| 2023 | $421.5M |
| 2022 | $377.1M |
SoFi Technologies, Inc. Quarterly Revenue & Net Profit History
SoFi Technologies, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $170.3M | +25.7% | $173.5M | 101.9% |
| Q3 2025 | $156.8M | +19.5% | $139.4M | 88.9% |
| Q2 2025 | $151.9M | +25.8% | $97.3M | 64.0% |
| Q1 2025 | $140.4M | +21.4% | $71.1M | 50.7% |
| Q4 2024 | $135.5M | +16.5% | $332.5M | 245.4% |
| Q3 2024 | $131.2M | +25.0% | $60.7M | 46.3% |
| Q2 2024 | $120.8M | +15.4% | $17.4M | 14.4% |
| Q1 2024 | $115.6M | +21.1% | $88.0M | 76.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $115.6M | $120.8M | $131.2M | $135.5M | $140.4M | $151.9M | $156.8M | $170.3M |
| YoY Growth | 21.1% | 15.4% | 25.0% | 16.5% | 21.4% | 25.8% | 19.5% | 25.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $31.31B | $32.64B | $34.38B | $36.25B | $37.75B | $41.11B | $45.29B | $50.66B |
| Liabilities | $25.16B | $26.74B | $28.26B | $29.73B | $31.07B | $34.25B | $36.51B | $40.17B |
| Equity | $5.83B | $5.90B | $6.12B | $6.53B | $6.68B | $6.86B | $8.78B | $10.49B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $738.2M | $-484.4M | $-1.17B | $-200.1M | $21.5M | $-1.47B | $-1.31B | $-991.2M |