For the year ending 2025-12-31, SOFI has $50,660,478K in assets. $40,170,983K in debts. $4,929,452K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 4,929,452 | 2,538,293 | 3,085,020 | 1,421,907 |
| Restricted cash and restricted cash equivalents | 427,321 | 171,067 | 530,558 | 424,395 |
| Investment securities (includes available-for-sale securities of 2,454,453 and 1,804,043 at fair value with associated amortized cost of 2,434,627 and 1,807,686, as of december31, 2025 and 2024, respectively) | 2,575,607 | 1,895,689 | 701,935 | 396,769 |
| Unpaid principal balance | - | - | - | 13,155,622 |
| Accumulated interest | - | - | - | 75,257 |
| Cumulative fair value adjustments | - | - | - | 326,195 |
| Loans held for sale (includes 22.7 billion and 17.7 billion at fair value, as of december31, 2025 and 2024, respectively) | 22,862,749 | 17,684,892 | 15,396,771 | 13,557,074 |
| Loans held for investment, at fair value | 13,657,578 | 8,597,368 | 6,725,484 | - |
| Loans held for investment (less allowance for credit losses on loans at amortized cost of 54,695 and 40,788 as of december31, 2023 and 2022, respectively) | - | - | 836,159 | 307,957 |
| Loans held for investment, at amortized cost (less allowance for credit losses of 50,934 and 46,684 as of december31, 2025 and 2024, respectively) | 1,516,736 | 1,246,458 | - | - |
| Servicing rights | 378,178 | 342,128 | 180,469 | 149,854 |
| Equity method investments | - | - | - | 0 |
| Property, equipment and software | 416,448 | 287,869 | 216,908 | 170,104 |
| Goodwill | 1,393,505 | 1,393,505 | 1,393,505 | 1,622,991 |
| Intangible assets | 231,919 | 297,794 | 364,048 | 442,155 |
| Operating lease right-of-use assets | 93,941 | 81,219 | 89,635 | 97,135 |
| Accounts receivable, net | - | - | 169,852 | - |
| Prepaid expenses and capitalized contract costs | - | - | 112,748 | - |
| Credit default swap | - | - | 103,204 | - |
| Restricted investments | - | - | 83,551 | - |
| Investments in equity securities | - | - | 22,920 | - |
| Digital assets safeguarding asset | - | - | 9,292 | - |
| Derivative financial instruments | - | - | 6,916 | - |
| Other | - | - | 45,883 | - |
| Other assets (less allowance for credit losses of 2,998 and 2,444 as of december31, 2025 and 2024, respectively) | 2,177,044 | 1,714,669 | 554,366 | 417,334 |
| Total assets | 50,660,478 | 36,250,951 | 30,074,858 | 19,007,675 |
| Savings deposits | 32,461,228 | 22,838,858 | 12,902,033 | 4,383,953 |
| Demand deposits | 3,685,409 | 2,205,377 | 2,663,335 | 1,912,452 |
| Time deposits | 1,240,713 | 817,165 | 3,003,625 | 969,387 |
| Interest-bearing deposits | 37,387,350 | 25,861,400 | 18,568,993 | 7,265,792 |
| Noninterest-bearing deposits | 118,045 | 116,804 | 51,670 | 76,504 |
| Total deposits | 37,505,395 | 25,978,204 | 18,620,663 | 7,342,296 |
| Accrued expenses | - | - | 202,259 | - |
| Credit default swap | - | - | 103,204 | - |
| Accounts payable | - | - | 93,301 | - |
| Accrued interest | - | - | 66,614 | - |
| Deferred tax liabilities, net | - | - | 40,229 | - |
| Finance lease liability | - | - | 13,172 | - |
| Digital assets safeguarding liability | - | - | 9,292 | - |
| Deferred revenue | - | - | 5,718 | - |
| Derivative financial liabilities | - | - | 4,604 | - |
| Other | - | - | 11,355 | - |
| Accounts payable, accruals and other liabilities | 743,716 | 556,923 | 549,748 | 516,215 |
| Operating lease liabilities | 106,190 | 97,389 | 108,649 | 117,758 |
| Total, before unamortized debt issuance costs, premiums and discounts | 1,830,629 | 3,114,283 | 5,259,584 | - |
| Less unamortized debt issuance costs, premiums and discounts | 15,467 | 21,591 | 26,168 | - |
| Debt | 1,815,162 | 3,092,692 | 5,233,416 | 5,485,882 |
| Residual interests classified as debt | 520 | 609 | 7,396 | 17,048 |
| Total liabilities | 40,170,983 | 29,725,817 | 24,519,872 | 13,479,199 |
| Redeemable preferred stock, 0.00 par value 100,000,000 and 100,000,000 shares authorized 3,234,000 and 3,234,000 shares issued and outstanding as of december31, 2023 and 2022, respectively | - | - | 320,374 | 320,374 |
| Common stock, 0.00 par value 3,100,000,000 and 3,100,000,000 shares authorized 1,270,568,878 and 1,095,357,781 shares issued and outstanding as of december31, 2025 and 2024, respectively | 126 | 109 | 97 | 93 |
| Additional paid-in capital | 11,302,668 | 7,838,988 | 7,039,987 | 6,719,826 |
| Accumulated other comprehensive income (loss) | 10,979 | -8,365 | -1,209 | -8,296 |
| Accumulated deficit | -824,278 | -1,305,598 | -1,804,263 | -1,503,521 |
| Total permanent equity | 10,489,495 | 6,525,134 | 5,234,612 | 5,208,102 |
| Total liabilities and permanent equity | 50,660,478 | 36,250,951 | 30,074,858 | 19,007,675 |
SoFi Technologies, Inc. (SOFI)
SoFi Technologies, Inc. (SOFI)