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SoFi Technologies, Inc. (SOFI)

For the quarter ending 2025-06-30, SOFI made $854,944K in revenue. $98,028K in net income. Net profit margin of 11.47%.

Overview

Revenue
$854,944K
Net Income
$98,028K
Net Profit Margin
11.47%
EPS
$0.08
Unit: Thousand (K) dollars
Revenue Breakdown
    • Loans and securitizations
    • Deposits
    • Loan platform fees
    • Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Total net revenue854,944 771,759 697,121 598,618
Goodwill impairment- - - -
Sales and marketing264,744 238,176 214,904 184,762
Technology and product development152,146 156,206 139,714 132,167
General and administrative165,390 156,397 148,921 145,006
Cost of operations150,437 135,520 123,714 109,703
Total noninterest expense732,717 686,299 633,266 583,278
Provision for credit losses10,035 5,678 6,013 11,640
Income before income taxes112,192 79,782 63,855 15,340
Income tax (expense) benefit14,929 8,666 3,110 -2,064
Net income97,263 71,116 60,745 17,404
Foreign currency translation adjustments, net-563 -269 563 -136
Unrealized gains on available-for-sale securities, net1,328 11,462 9,029 741
Total other comprehensive income (loss)765 11,193 9,592 605
Comprehensive income98,028 82,309 70,337 18,009
Earnings per share - basic (in dollars per share)0.09 0.06 0.06 0.01
Earnings per share - diluted (in dollars per share)0.08 0.06 0.05 0.01
Weighted average common stock outstanding - basic (in shares)1,107,006,000 1,097,994,000 1,071,159,746 1,058,591,943
Weighted average common stock outstanding - diluted (in shares)1,182,877,000 1,185,466,000 1,104,450,416 1,065,171,357
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Loans andsecuritizations$738,862K (18.97%↑ Y/Y)Other$53,543K (0.02%↑ Y/Y)Total interest income$792,405K (17.46%↑ Y/Y)Loan origination,sales,...$70,855K Loan platform fees$127,405K Technology products andsolutions$90,796K (5.74%↑ Y/Y)Other$48,051K (24.37%↑ Y/Y)Net interest income$517,837K (25.51%↑ Y/Y)Total noninterestincome$337,107K (81.21%↑ Y/Y)Total interestexpense$274,568K (4.79%↑ Y/Y)Total net revenue$854,944K (42.82%↑ Y/Y)Corporate borrowings$11,504K (-9.60%↓ Y/Y)Securitizations and warehouses$29,650K (70.78%↑ Y/Y)Deposits$233,232K (0.61%↑ Y/Y)Other$182K (66.97%↑ Y/Y)Income before incometaxes$112,192K (631.37%↑ Y/Y)Unrealized gains onavailable-for-sale securities, net$1,328K (79.22%↑ Y/Y)Provision for creditlosses$10,035K (-13.79%↓ Y/Y)Total noninterestexpense$732,717K (25.62%↑ Y/Y)Net income$97,263K (458.85%↑ Y/Y)Total othercomprehensive income (loss)$765K (26.45%↑ Y/Y)Income tax (expense)benefit$14,929K (823.30%↑ Y/Y)Foreign currencytranslation adjustments,...-$563K (-313.97%↓ Y/Y)Cost of operations$150,437K (37.13%↑ Y/Y)General andadministrative$165,390K (14.06%↑ Y/Y)Technology and productdevelopment$152,146K (15.12%↑ Y/Y)Sales and marketing$264,744K (43.29%↑ Y/Y)Comprehensive income$98,028K (444.33%↑ Y/Y)