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Cash Flow Overview

Change in Cash
-$1,595,522K
Free Cash flow
-$2,382,545K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Net change in deposits
    • Proceeds from sales of available...
    • Changes in loans previously clas...
    • Others
Negative Cash Flow Breakdown
    • Changes in loans held for sale, ...
    • Other changes in loans held for ...
    • Purchases of available-for-sale ...
    • Others

Cash Flow
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Net income
166,731 173,549 139,392 97,263
Share-based compensation expense
72,012 68,577 66,469 63,256
Depreciation and amortization
67,578 62,880 59,245 56,743
Goodwill impairment
NaN 0 NaN NaN
Deferred debt issuance and discount expense
2,898 2,968 3,000 2,924
Gain on extinguishment of convertible debt
NaN 0 0 0
Provision for credit losses
8,895 5,407 9,199 10,035
Deferred income taxes
28,897 -10,370 7,389 10,375
Fair value changes in loans held for investment
39,715 80,493 51,868 119,843
Fair value changes in securitization investments
220 381 445 253
Other
3,402 -4,363 -7,621 2,172
Changes in loans held for sale, net
2,661,367 1,288,779 1,538,381 1,844,465
Changes in accrued interest on loans
24,317 24,474 3,461 17,377
Changes in loans previously classified as held for sale, net
-227,274 -200,014 -159,570 -271,256
Changes in servicing assets
-10,275 -5,347 8,519 -14,774
Changes in other assets
136,682 79,451 227,300 -3,470
Changes in other liabilities
-33,851 -30,335 72,215 98,576
Net cash (used in) provided by operating activities
-2,314,994 -991,178 -1,305,874 -1,466,908
Purchases of property, equipment and software
67,551 66,397 59,978 63,465
Capitalized software development costs
1,226 1,322 3,180 2,527
Purchases of available-for-sale investments
1,379,614 543,841 270,862 514,764
Proceeds from sales of available-for-sale investments
605,815 272,494 44,711 204,777
Proceeds from maturities and paydowns of available-for-sale investments
167,321 210,542 101,293 117,597
Purchases of loans held for investment
86,908 643,146 1,439,681 NaN
Proceeds from sales of loans held for investment
NaN 0 392,607 NaN
Other changes in loans held for investment, net
1,649,112 1,339,932 241,387 1,456,492
Proceeds from securitization investments
24,135 28,668 20,589 17,292
Proceeds from non-securitization investments
956 25,563 6,749 7,291
Purchases of non-securitization investments
8,150 39,581 10,325 32,180
Acquisition of businesses, net of cash acquired
NaN 0 NaN NaN
Net cash used in investing activities
-2,394,334 -2,096,952 -1,459,464 -1,722,471
Net change in deposits
3,034,493 4,147,211 3,334,880 2,285,840
Proceeds from issuance of common stock
87,387 1,485,273 1,688,581 11,764
Payment of common stock issuance costs
115 1,658 1,620 NaN
Net change in debt facilities
0 -897,515 -1,227,384 898,968
Proceeds from other debt issuances
NaN 0 0 0
Repayment of other debt
3,204 4,006 2,896 4,175
Payment of debt issuance costs
250 975 1,612 94
Purchase of capped calls
NaN 0 0 0
Unwind of capped calls
NaN 0 0 0
Taxes paid related to net share settlement of share-based awards
5,895 45,137 9,958 4,299
Proceeds from stock option exercises
2,366 288 5,852 600
Proceeds from issuance of common stock under the espp
NaN 14,469 11,764 NaN
Payment of redeemable preferred stock dividends
NaN 0 0 0
Redemption of series 1 preferred stock
NaN 0 0 0
Finance lease principal payments
202 199 197 195
Net cash provided by financing activities
3,114,580 4,697,751 3,797,410 3,188,409
Effect of exchange rates on cash and cash equivalents
-774 705 -228 -563
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents
-1,595,522 1,610,326 1,031,844 -1,533
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period
5,356,773 3,746,447 2,714,603 2,716,136
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period
3,761,251 5,356,773 3,746,447 2,714,603
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Net change indeposits$3,034,493K (104.95%↑ Y/Y)Proceeds from issuance ofcommon stock$87,387K Proceeds from stockoption exercises$2,366K (1113.33%↑ Y/Y)Net cash provided byfinancing activities$3,114,580K (118.45%↑ Y/Y)Canceled cashflow$9,666K Net increase(decrease) in cash, cash...-$1,595,522K (-23646.66%↓ Y/Y)Canceled cashflow$3,114,580K Proceeds from sales ofavailable-for-sale investments$605,815K Proceeds from maturitiesand paydowns of...$167,321K (39.29%↑ Y/Y)Proceeds fromsecuritization investments$24,135K (109.41%↑ Y/Y)Proceeds fromnon-securitization investments$956K (-58.33%↓ Y/Y)Changes in loanspreviously classified as...-$227,274K (6.54%↑ Y/Y)Net income$166,731K (134.45%↑ Y/Y)Share-based compensationexpense$72,012K (12.95%↑ Y/Y)Depreciation andamortization$67,578K (22.24%↑ Y/Y)Deferred income taxes$28,897K (228.60%↑ Y/Y)Changes in servicingassets-$10,275K (-121.56%↓ Y/Y)Provision for creditlosses$8,895K (56.66%↑ Y/Y)Deferred debt issuanceand discount...$2,898K (18.62%↑ Y/Y)Taxes paid related tonet share...$5,895K (5.42%↑ Y/Y)Repayment of other debt$3,204K (-82.19%↓ Y/Y)Payment of debt issuancecosts$250K (-16.67%↓ Y/Y)Finance lease principalpayments$202K (15.43%↑ Y/Y)Payment of common stockissuance costs$115K Net cash used ininvesting activities-$2,394,334K (-66.25%↓ Y/Y)Canceled cashflow$798,227K Net cash (used in)provided by operating...-$2,314,994K (-10866.41%↓ Y/Y)Effect of exchangerates on cash and cash...-$774K (-187.73%↓ Y/Y)Canceled cashflow$584,560K Other changes in loansheld for investment,...$1,649,112K (41.99%↑ Y/Y)Purchases ofavailable-for-sale investments$1,379,614K (307.21%↑ Y/Y)Purchases of loans held forinvestment$86,908K Purchases of property,equipment and software$67,551K (28.41%↑ Y/Y)Purchases ofnon-securitization investments$8,150K (-58.55%↓ Y/Y)Capitalized softwaredevelopment costs$1,226K (-25.43%↓ Y/Y)Changes in loans held forsale, net$2,661,367K (344.12%↑ Y/Y)Changes in other assets$136,682K (167.46%↑ Y/Y)Fair value changes inloans held for...$39,715K (-59.88%↓ Y/Y)Changes in otherliabilities-$33,851K Changes in accruedinterest on loans$24,317K Other$3,402K (186.19%↑ Y/Y)Fair value changes insecuritization investments$220K (-75.11%↓ Y/Y)

SoFi Technologies, Inc. (SOFI)

SoFi Technologies, Inc. (SOFI)