SoFi Technologies, Inc. (SOFI) Financial Statements

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SoFi Technologies financial statements at a glance

SoFi Technologies reported revenue of $3.61 billion for fiscal year 2025 (ended December 31, 2025), up 38.3% from fiscal year 2024. Net income was $481.32 million, a net margin of 13.3%, and diluted earnings per share were $0.39.

At the end of fiscal year 2025 it had total assets of $50.66 billion, total liabilities of $40.17 billion and shareholders' equity of $10.49 billion, with cash of $4.93 billion and total debt of $1.93 billion.

Its operations brought in -$3.74 billion of cash; capital spending was $251.12 million, leaving free cash flow of -$3.99 billion.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

SOFI logo

SoFi Technologies, Inc.

SOFIUnited States
Financial Services
USD (Local)

Income Statement

Annual • USD

Total Revenue
3.61B
Prev Year: 2.61B
YoY: +38.3%
Net Interest Income
2.22B
Prev Year: 1.72B
YoY: +29.3%
Interest Income
3.38B
Prev Year: 2.81B
YoY: +20.2%
Interest Expense
1.16B
Prev Year: 1.09B
YoY: +5.9%
Provision for Credit Losses
-
Prev Year: -31.71M
Selling General and Administrative
1.80B
Prev Year: 1.40B
YoY: +28.9%
General and Administrative Expense
704.44M
Prev Year: 600.09M
YoY: +17.4%
Selling and Marketing Expense
1.10B
Prev Year: 796.29M
YoY: +37.6%
Other Noninterest Expense
1.25B
Prev Year: 1.01B
YoY: +23.7%
Special Income Charges
-8.05M
Prev Year: 58.69M
YoY: -113.7%
Non Interest Expense
-
Prev Year: 2.41B
Restructuring and Mergers Acquisition
8.05M
Prev Year: 3.83M
YoY: +110.3%
Pre-tax Income
525.86M
Prev Year: 233.34M
YoY: +125.4%
Provision for Income Taxes
44.54M
Prev Year: -265.32M
YoY: +116.8%
Net Income Common Stockholders
481.32M
Prev Year: 479.14M
YoY: +0.5%
Net Income
481.32M
Prev Year: 498.67M
YoY: -3.5%
Net Income Including Non-Controlling Interests
481.32M
Prev Year: 498.67M
YoY: -3.5%
Net Income from Continuing Operations
481.32M
Prev Year: 498.67M
YoY: -3.5%
Diluted NI Available to Com Stockholders
482.70M
Prev Year: 434.78M
YoY: +11.0%
Net Income from Continuing and Discontinued Operation
481.32M
Prev Year: 498.67M
YoY: -3.5%
Normalized Income
488.69M
Prev Year: 452.30M
YoY: +8.0%
Reconciled Depreciation
234.15M
Prev Year: 203.50M
YoY: +15.1%
Net Income from Continuing Operation Net Minority Interest
481.32M
Prev Year: 498.67M
YoY: -3.5%
Total Unusual Items Excluding Goodwill
-8.05M
Prev Year: 58.69M
YoY: -113.7%
Total Unusual Items
-8.05M
Prev Year: 58.69M
YoY: -113.7%
Tax Rate for Calcs
0.085
Prev Year: 0
Interest Income After Provision for Loan Loss
-
Prev Year: 1.68B
Tax Effect of Unusual Items
-684.4K
Prev Year: 12.32M
YoY: -105.6%
Weighted Average Shares (diluted)
1.25B
Prev Year: 1.10B
YoY: +13.7%
Weighted Average Shares (basic)
1.15B
Prev Year: 1.05B
YoY: +9.5%
Diluted EPS
0.39
Prev Year: 0.39
YoY: 0.0%
Basic EPS
0.42
Prev Year: 0.46
YoY: -8.7%
Average Dilution Earnings
1.38M
Prev Year: -44.36M
YoY: +103.1%
Other General and Administrative
704.44M
Prev Year: 600.09M
YoY: +17.4%
Operating Revenue
3.61B
Values in USD

SoFi Technologies key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$3.6B$2.6B$2.1B$1.6B$984.9M
Net income$481.3M$479.1M-$341.2M-$360.8M-$524.4M
Diluted EPS$0.39$0.39-$0.36-$0.40-$1.00
Total assets$50.7B$36.3B$30.1B$19.0B$9.2B
Total liabilities$40.2B$29.7B$24.5B$13.5B$4.5B
Shareholders' equity$10.5B$6.5B$5.6B$5.5B$4.7B
Cash$4.9B$2.5B$3.1B$1.4B$494.7M
Total debt$1.9B$3.2B$5.4B$5.6B$4.2B
Operating cash flow-$3.7B-$1.1B-$7.2B-$7.3B-$1.4B
Capital spending$251.1M$163.6M$121.2M$103.7M$52.3M
Free cash flow-$4.0B-$1.3B-$7.3B-$7.4B-$1.4B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2018.

Questions and answers

What was SoFi Technologies's revenue in fiscal year 2025?

$3.61 billion, up 38.3% from $2.61 billion in fiscal year 2024.

How much profit does SoFi Technologies make?

SoFi Technologies reported net income of $481.32 million for fiscal year 2025 (13.3% of revenue).

How much cash and debt does SoFi Technologies have?

At the end of fiscal year 2025: cash of $4.93 billion and total debt of $1.93 billion.

What is SoFi Technologies's free cash flow?

-$3.99 billion in fiscal year 2025 (operating cash flow of -$3.74 billion minus capital spending of $251.12 million).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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