SoFi Technologies, Inc. financial data

Symbol
SOFI on Nasdaq
Industry
Finance Services
Location
234 1 St Street, San Francisco, California
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Social Capital Hedosophia Holdings Corp. V (to 5/28/2021)
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 432 % +87.7%
Return On Equity -3.34 % +28.9%
Return On Assets -0.62 % +55.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1.06 B shares +12.4%
Common Stock, Shares, Outstanding 1.06 B shares +12.4%
Entity Public Float 7.4 B USD +85%
Common Stock, Value, Issued 105 K USD +11.7%
Weighted Average Number of Shares Outstanding, Basic 983 M shares +5.74%
Weighted Average Number of Shares Outstanding, Diluted 1.04 B shares +12.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 442 M USD +11.6%
Cost of Revenue 396 M USD +21.3%
Research and Development Expense 525 M USD +19.3%
Selling and Marketing Expense 712 M USD +8.67%
General and Administrative Expense 533 M USD +8.95%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -171 M USD +30.3%
Income Tax Expense (Benefit) 7.4 M USD
Net Income (Loss) Attributable to Parent -178 M USD +27.1%
Earnings Per Share, Basic -0.23 USD/shares +25.8%
Earnings Per Share, Diluted -0.29 USD/shares +6.45%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.69 B USD +48.5%
Operating Lease, Right-of-Use Asset 87.4 M USD -7.34%
Intangible Assets, Net (Excluding Goodwill) 347 M USD -17.2%
Goodwill 1.39 B USD -14.1%
Assets 31.3 B USD +39.4%
Contract with Customer, Liability, Current 5.66 M USD -33.7%
Liabilities 25.2 B USD +48.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.09 M USD +67.1%
Retained Earnings (Accumulated Deficit) -1.72 B USD -11.6%
Stockholders' Equity Attributable to Parent 5.83 B USD +11.3%
Liabilities and Equity 31.3 B USD +39.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 738 M USD
Net Cash Provided by (Used in) Financing Activities 1.06 B USD -68.8%
Net Cash Provided by (Used in) Investing Activities -1.26 B USD -3041%
Common Stock, Shares Authorized 3.1 B shares 0%
Common Stock, Shares, Issued 1.06 B shares +12.4%
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 532 M USD -52.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 4.15 B USD +39.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 720 M USD +377%
Deferred Tax Assets, Valuation Allowance 346 M USD +8.54%
Deferred Tax Assets, Gross 420 M USD -1.98%
Operating Lease, Liability 106 M USD -8.13%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -174 M USD +28.9%
Lessee, Operating Lease, Liability, to be Paid 133 M USD -9.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 23.2 M USD +4.31%
Lessee, Operating Lease, Liability, to be Paid, Year One 24.5 M USD -2.33%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +19.2%
Deferred Income Tax Expense (Benefit) -967 K USD -1522%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 24.8 M USD -16%
Lessee, Operating Lease, Liability, to be Paid, Year Three 21.5 M USD +3.9%
Deferred Tax Assets, Operating Loss Carryforwards 236 M USD -17.7%
Deferred Federal Income Tax Expense (Benefit) 0 USD
Current Income Tax Expense (Benefit) 15.4 M USD +197%
Unrecognized Tax Benefits 29.7 M USD +25.1%
Lessee, Operating Lease, Liability, to be Paid, Year Four 15.8 M USD -19%
Operating Lease, Payments 27 M USD +24.5%
Additional Paid in Capital 7.54 B USD +11.3%
Current State and Local Tax Expense (Benefit) 8.64 M USD +102%
Current Federal Tax Expense (Benefit) 5.84 M USD
Amortization of Intangible Assets 105 M USD +12.8%
Depreciation, Depletion and Amortization 48.5 M USD +7.1%
Deferred Tax Assets, Net of Valuation Allowance 73.9 M USD -32.5%
Share-based Payment Arrangement, Expense 262 M USD -10.6%
Deferred State and Local Income Tax Expense (Benefit) -115 K USD -121%
Interest Expense 917 M USD +204%