SoFi Technologies, Inc.
Financial Performance
SoFi Revenue & Financials
Revenue
$3.6B (FY2025)
Market Cap
$21.9B
Net Income
$481.3M
Employees
6,100
What is SoFi's revenue?
SoFi had $3.6B in revenue for fiscal year 2025, up 35.1% from 2024. Net income was $481.3M.
- Latest revenue
- $3.6B (FY2025)
- Year-over-year
- +35.1%
- Growth rate (CAGR)
- 41.9% over 6 years
- Peak revenue
- $3.6B (FY2025)
- Years of data
- 7
- Employees
- 6,100
- How much profit does SoFi make?
- SoFi reported net income of $481.3M for fiscal year 2025. sec.gov
- How many employees does SoFi have?
- SoFi has about 6,100 employees.
Financial Analysis
Revenue net of interest expense grew from $443M in 2019 to $3.61B in 2025. SoFi posted its first GAAP-profitable quarter in Q4 2023, earned $499M in FY2024 (helped by a tax benefit) and $481M in FY2025. Growth continued in 2026: Q1 revenue was about $1.1B with $167M net income, and Q2 adjusted net revenue was $1.2B with $157M net income and $358M adjusted EBITDA. Lending drove the gains, with record Q2 originations of $14.8B, while Technology Platform revenue fell year over year. SoFi Technologies, Inc. is a major American digital personal finance company and online bank, commanding a highly volatile market valuation generally hovering around $7 billion.
Revenue Trend Analysis
YoY Change
+35.1%
6-Year CAGR
+41.9%
Peak Year
2025
Trend
Consistent Growth
SoFi Technologies, Inc. has 7 full fiscal year figures on this page, compounding at +41.9% annually over 6 years. The most recent year saw a 35.1% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at $3.6B. Of 6 comparable year-over-year steps, 6 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2025 | $3.6B | $481.3M | +35.1% | SoFi Technologies, Inc. annual report (Form 10-K, SEC EDGAR, filed 2026-02-17) Fiscal year ended 2025-12-31. |
| FY2024 | $2.7B | $498.7M | +26.0% | SoFi Technologies, Inc. annual report (Form 10-K, SEC EDGAR, filed 2026-02-17) Fiscal year ended 2024-12-31. |
| FY2023 | $2.1B | -$300.7M | +34.9% | SoFi Technologies, Inc. annual report (Form 10-K, SEC EDGAR, filed 2026-02-17) Fiscal year ended 2023-12-31. |
| FY2022 | $1.6B | -$320.4M | +59.8% | SoFi Technologies, Inc. annual report (Form 10-K, SEC EDGAR, filed 2025-02-24) Fiscal year ended 2022-12-31. |
| FY2021 | $984.9M | -$483.9M | +74.1% | SoFi Technologies, Inc. annual report (Form 10-K, SEC EDGAR, filed 2024-02-27) Fiscal year ended 2021-12-31. |
| FY2020 | $565.5M | -$224.1M | +27.8% | SoFi Technologies, Inc. annual report (Form 10-K, SEC EDGAR, filed 2023-03-01) Fiscal year ended 2020-12-31. |
| FY2019 | $442.7M | -$239.7M | — | SoFi Technologies, Inc. annual report (Form 10-K, SEC EDGAR, filed 2022-03-01) Fiscal year ended 2019-12-31. |
Click any row to see year details.
Keep researching SoFi
SoFi Revenue and Financial FAQ
What was SoFi's total adjusted net revenue for FY2025?
SoFi Technologies generated adjusted net revenue exceeding $2.5 billion to $2.7 billion in fiscal year 2025, continuing steady 20%+ annual top-line expansion driven by Financial Services and Technology Platform growth.
When did SoFi achieve sustainable GAAP net income profitability?
After delivering its first profitable quarter in Q4 2023 ($48M GAAP net income), SoFi generated full-year GAAP net income profitability throughout fiscal 2024 and 2025, validating its digital banking business model.
What is SoFi's total consumer deposit base?
Customer deposits at SoFi Bank grew past $23 billion to $25 billion by 2025-2026, with over 90% of deposits coming from sticky, automated direct-deposit members.
What is SoFi's Net Interest Margin (NIM)?
SoFi Bank maintains a healthy Net Interest Margin between 5.8% and 6.2%, significantly higher than traditional commercial banks, driven by high personal loan yields funded by low-cost consumer deposits.
How much personal loan volume does SoFi originate quarterly?
Personal loan originations average between $3.5 billion and $4.5 billion quarterly, maintaining strict underwriting standards with average borrower FICO scores near 745 and average annual incomes above $160,000.
What is the revenue contribution of the Technology Platform (Galileo and Technisys)?
The Technology Platform generates approximately $90 million to $105 million in quarterly revenue (approaching $400M annualized), serving over 150 million enabled client accounts globally.
What is SoFi's Tangible Book Value per share?
SoFi's tangible book value expanded steadily to over $4.00 to $4.50 per share following bank charter integration, retained GAAP earnings, and disciplined balance sheet compounding.
How does SoFi manage credit loss provisions and charge-off rates?
SoFi provisions between 4.5% and 5.5% for annualized personal loan net charge-offs (NCO), keeping actual losses well below modeled stress levels by lending to prime, high-earning professionals.
How did the resumption of federal student loan payments affect loan demand?
When federal student loan interest resumed in late 2023, student loan refinancing originations rebounded to over $800M-$1.0B quarterly, providing an incremental tailwind alongside core personal loans.
What is SoFi's equity market capitalization under ticker SOFI?
SoFi trades on the NASDAQ under ticker SOFI with a market capitalization fluctuating between $8 billion and $12 billion+ depending on interest rate expectations and fintech banking multiples.
What are SoFi's capital adequacy ratios as a regulated bank?
SoFi Bank maintains a Tier 1 Risk-Based Capital Ratio of over 14% to 16%, substantially exceeding the regulatory minimum requirements for well-capitalized banking institutions.
What are management's medium-term earnings per share (EPS) targets?
CEO Anthony Noto and CFO Chris Lapointe targeted compounding adjusted EPS growth of 20% to 25% annually through 2027, driven by operating leverage across all three business divisions.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "SoFi Revenue & Financials." CorpDigest, https://corpdigest.com/company/sofi/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>SoFi reported $3.6B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/sofi/financials" target="_blank" rel="noopener">CorpDigest — SoFi financials</a></div>Related Financial Audits
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