SoFi Technologies, Inc. financial data

Symbol
SOFI on Nasdaq
Industry
Finance Services
Location
234 1 St Street, San Francisco, CA
State of incorporation
DE
Fiscal year end
December 31
Former names
Social Capital Hedosophia Holdings Corp. V (to 5/28/2021)
Latest financial report
10-Q - Q2 2024 - Aug 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 450 % +54.7%
Return On Equity -2.06 % +45.2%
Return On Assets -0.37 % +61.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1.07B shares +12.2%
Common Stock, Shares, Outstanding 1.07B shares +12.2%
Entity Public Float 7.4B USD +85%
Common Stock, Value, Issued 106K USD +12.8%
Weighted Average Number of Shares Outstanding, Basic 1.06B shares +13%
Weighted Average Number of Shares Outstanding, Diluted 1.07B shares +13.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 458M USD +13.9%
Cost of Revenue 412M USD +20.6%
Research and Development Expense 531M USD +13.4%
Selling and Marketing Expense 714M USD +2.85%
General and Administrative Expense 546M USD +10.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -106M USD +46.6%
Income Tax Expense (Benefit) 7.12M USD -16%
Net Income (Loss) Attributable to Parent -113M USD +42.2%
Earnings Per Share, Basic -0.16 USD/shares +36%
Earnings Per Share, Diluted -0.22 USD/shares +12%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.33B USD -22.6%
Operating Lease, Right-of-Use Asset 83.4M USD -11.8%
Intangible Assets, Net (Excluding Goodwill) 331M USD -19.6%
Goodwill 1.39B USD -15.1%
Assets 32.6B USD +27.7%
Contract with Customer, Liability, Current 7.08M USD +3.74%
Liabilities 26.7B USD +33.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.48M USD +71%
Retained Earnings (Accumulated Deficit) -1.7B USD -7.15%
Stockholders' Equity Attributable to Parent 5.9B USD +12.2%
Liabilities and Equity 32.6B USD +27.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 738M USD
Net Cash Provided by (Used in) Financing Activities 1.06B USD -68.8%
Net Cash Provided by (Used in) Investing Activities -1.26B USD -3041%
Common Stock, Shares Authorized 3.1B shares 0%
Common Stock, Shares, Issued 1.07B shares +12.2%
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 532M USD -52.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.73B USD -22%
Deferred Tax Assets, Valuation Allowance 346M USD +8.54%
Deferred Tax Assets, Gross 420M USD -1.98%
Operating Lease, Liability 101M USD -12.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -110M USD +43.3%
Lessee, Operating Lease, Liability, to be Paid 133M USD -9.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 23.2M USD +4.31%
Lessee, Operating Lease, Liability, to be Paid, Year One 24.5M USD -2.33%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +19.2%
Deferred Income Tax Expense (Benefit) -967K USD -1522%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 24.8M USD -16%
Lessee, Operating Lease, Liability, to be Paid, Year Three 21.5M USD +3.9%
Deferred Tax Assets, Operating Loss Carryforwards 236M USD -17.7%
Unrecognized Tax Benefits 29.7M USD +25.1%
Lessee, Operating Lease, Liability, to be Paid, Year Four 15.8M USD -19%
Additional Paid in Capital 7.6B USD +11%
Depreciation, Depletion and Amortization 48.5M USD +7.1%
Deferred Tax Assets, Net of Valuation Allowance 73.9M USD -32.5%
Share-based Payment Arrangement, Expense 247M USD -14.4%
Interest Expense 917M USD +204%