SoFi Technologies
SOFI Nasdaq Consumer Finance Financials FY2019–FY2025
SoFi Technologies' revenue rose 35.1% to $3.6 billion in fiscal 2025. Net income was $481 million, down 3.5%. Its return on equity was 5.7%, down from 8.5% a year earlier. Its efficiency ratio was 84.6%, down from 90.1% a year earlier. The diluted share count rose 13.7%.
About these figures. SoFi carries most of its loans at fair value, separately from the loans it holds at cost, and its filings tag no total, so loans and the ratios built on them are left blank.
What SoFi Technologies does
SoFi is a digital bank for consumers, mostly in the United States. Through one mobile app, its members can take out personal, student and home loans, keep checking and savings accounts, use a credit card, buy and sell stocks and crypto, and get tools for tracking their money. SoFi says it has served about 13.6 million members since it started. It also sells banking software to other companies.
SoFi reports three segments. Lending earns interest and fees on the loans it makes; it can keep loans on its books or sell them to large financial institutions and through securitizations, which bundle loans into bonds. Financial Services covers the checking and savings accounts, investing, credit cards and services for employers and partner lenders. Technology Platform, built on its Galileo and Technisys businesses, rents out payment and core banking systems to banks, government bodies and other firms, mainly in North and Latin America.
SoFi is a bank holding company, and its national bank, SoFi Bank, now makes all its new loans. Deposits there give it a cheaper way to fund loans than borrowing, and accounts can get federal deposit insurance of up to $3 million through a network of banks. At the end of 2025 it had about 6,100 employees, 82% of them in the United States.
- Legal name
- SoFi Technologies, Inc.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 17, 2026
- Accession · CIK
- 0001818874-26-000013
0001818874
Revenue and margins
SoFi Technologies had $3.6B of revenue in fiscal 2025, up 35.1% on the year before.
Net income and earnings per share
Loss periods are shown in red.
Returns and efficiency
For banks, return on equity and the efficiency ratio (costs as a share of revenue) say most about how well the business runs.
Dividends, buybacks and share count
SoFi Technologies returned $0.0M to shareholders in fiscal 2025. The diluted share count rose 13.7%.
Value SoFi Technologies yourself
Change the assumptions and see what they imply per share. These are models, not forecasts or price targets — the answer depends entirely on what you put in.
Earnings multiple
Value per share
—
Reference multiples: today 29.8x · peers 8.4x · sector 13.7x.
Balance sheet
Loans, deposits and capital at each fiscal year end.
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Deposits | $0.0M | $7.3B | $18.6B | $26.0B | $37.5B |
| Total assets | $9.2B | $19.0B | $30.1B | $36.3B | $50.7B |
| Shareholders' equity | $4.4B | $5.2B | $5.2B | $6.5B | $10.5B |
| Goodwill | $899M | $1.6B | $1.4B | $1.4B | $1.4B |
| Intangible assets | $285M | $442M | $364M | $298M | $232M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.7M
1 insider
Sold, 12 months
$3.2M
3 insiders
Of sales under plans
99%
$3.2M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Oct 20, 2026 | Kelli KeoughEVP, Gbul, Sips | Sold plan | 10,203 | $14.72 | $0.2M | Form 4 |
| Sep 21, 2026 | Jeremy RishelChief Technology Officer | Sold plan | 18,624 | $17.50 | $0.3M | Form 4 |
| Sep 21, 2026 | Kelli KeoughEVP, Gbul, Sips | Sold plan | 10,203 | $16.99 | $0.2M | Form 4 |
| Aug 20, 2026 | Kelli KeoughEVP, Gbul, Sips | Sold plan | 11,286 | $18.00 | $0.2M | Form 4 |
| Jul 20, 2026 | Kelli KeoughEVP, Gbul, Sips | Sold plan | 10,954 | $17.19 | $0.2M | Form 4 |
| Jun 22, 2026 | Kelli KeoughEVP, Gbul, Sips | Sold plan | 10,954 | $17.35 | $0.2M | Form 4 |
| Jun 18, 2026 | Robert S LavetGeneral Counsel | Sold | 1,188 | $17.55 | $0.0M | Form 4 |
| Jun 17, 2026 | Jeremy RishelChief Technology Officer | Sold plan | 102,123 | $17.78 | $1.8M | Form 4 |
| Jun 16, 2026 | Anthony NotoChief Executive Officer, Director | Bought | 13,888 | $18.06 | $0.3M | Form 4 |
| May 20, 2026 | Kelli KeoughEVP, Gbul, Sips | Sold plan | 10,037 | $15.53 | $0.2M | Form 4 |
| May 11, 2026 | Anthony NotoChief Executive Officer, Director | Bought | 15,545 | $16.00 | $0.2M | Form 4 |
| May 8, 2026 | Anthony NotoChief Executive Officer, Director | Bought | 15,878 | $15.73 | $0.2M | Form 4 |
Similar companies
Each company's latest fiscal year. Fiscal years end in different months, so periods don't line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score | |
|---|---|---|---|---|---|---|---|---|
| SoFi Technologies SOFI | $18.3B | 35.1% | — | — | — | 29.8x | — | |
| SLM SLM | $4.1B | 7.3% | — | — | — | 7.1x | — | Compare → |
| Ally Financial ALLY | $12.2B | −3.3% | — | — | — | 9.2x | — | Compare → |
| Synchrony Financial SYF | $27.5B | −2.8% | — | — | — | 7.7x | — | Compare → |
| Capital One COF | $109.0B | 36.6% | — | — | — | 12.1x | — | Compare → |
7 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | $443M | $566M | $985M | $1.6B | $2.1B | $2.7B | $3.6B |
| Net interest income | $330M | $178M | $252M | $584M | $1.3B | $1.7B | $2.2B |
| Noninterest income | $113M | $388M | $733M | $989M | $861M | $958M | $1.4B |
| Noninterest expense | $682M | $894M | $1.5B | $1.8B | $2.4B | $2.4B | $3.1B |
| Provision for credit losses | — | $0.0M | $7.6M | $54.3M | $54.9M | $31.7M | $30.3M |
| Pretax income | −$240M | −$329M | −$481M | −$319M | −$301M | $233M | $526M |
| Income tax | $0.1M | −$105M | $2.8M | $1.7M | −$0.4M | −$265M | $44.5M |
| Net income | −$240M | −$224M | −$484M | −$320M | −$301M | $499M | $481M |
| Net income to common | −$264M | −$317M | −$524M | −$361M | −$341M | $479M | $481M |
| Diluted EPS | −$4.02 | −$4.30 | −$1.00 | −$0.40 | −$0.36 | $0.39 | $0.39 |
| Diluted shares | 0.07B | 0.07B | 0.53B | 0.90B | 0.95B | 1.10B | 1.25B |
| Cash flow | |||||||
| Stock-based compensation | $60.9M | $99.9M | $239M | $306M | $271M | $246M | $262M |
| Share buybacks | $8.8M | $0.0M | $0.5M | $0.0M | $0.0M | $0.0M | $0.0M |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Dividends and buybacks | $8.8M | $0.0M | $0.5M | $0.0M | $0.0M | $0.0M | $0.0M |
| Balance sheet | |||||||
| Deposits | — | — | $0.0M | $7.3B | $18.6B | $26.0B | $37.5B |
| Goodwill | $15.7M | $899M | $899M | $1.6B | $1.4B | $1.4B | $1.4B |
| Intangible assets | $0.0M | $355M | $285M | $442M | $364M | $298M | $232M |
| Total assets | — | $8.6B | $9.2B | $19.0B | $30.1B | $36.3B | $50.7B |
| Preferred stock | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | −$339M | −$120M | $4.4B | $5.2B | $5.2B | $6.5B | $10.5B |
| Margins | |||||||
| Net margin | −54.2% | −39.6% | −49.1% | −20.4% | −14.2% | 18.6% | 13.3% |
| Net interest share of revenue | 74.5% | 31.5% | 25.6% | 37.1% | 59.4% | 64.2% | 61.4% |
| Efficiency ratio | 154.1% | 158.1% | 148.9% | 116.8% | 111.6% | 90.1% | 84.6% |
| Returns | |||||||
| Return on equity | — | — | −22.7% | −6.7% | −5.8% | 8.5% | 5.7% |
| Return on assets | — | — | −5.5% | −2.3% | −1.2% | 1.5% | 1.1% |
| Return on tangible equity | — | 36.7% | −57.6% | −11.4% | −10.3% | 11.5% | 7.0% |
| Growth | |||||||
| Revenue growth | — | 27.8% | 74.2% | 59.8% | 34.9% | 26.0% | 35.1% |
| Net income growth | — | — | — | — | — | — | −3.5% |
| EPS growth | — | — | — | — | — | — | 0.0% |
| Share count change | — | 12.5% | 613.2% | 71.0% | 4.9% | 16.6% | 13.7% |
| Capital allocation | |||||||
| Stock comp / revenue | 13.8% | 17.7% | 24.3% | 19.5% | 12.8% | 9.2% | 7.3% |
Source: SEC EDGAR XBRL filings (CIK 0001818874). Data updated October 11, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.