SOFINasdaqFinance ServicesFiscal year ends December 31
SoFi Technologies, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$14.30−0.25 (-1.72%)
Close on Oct 19, 2026
- Market cap
- $19.33B
- P/E (TTM)
- 29.8
- Dividend yield
- 0.00%
Margins
Share of revenue, fiscal years 2018 to 2025
Gross margin
1.7%+74.8 pts over 5 years
Net margin
77.7%+294.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +23.1% | +18.0% | +43.1% | – | |
| Gross profit | -75.0% | -45.5% | – | – | |
| Net income | -3.5% | – | – | – | |
| EPS, diluted | 0.0% | – | – | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 97.6% | 5.7% | |
| Return on assets | – | – | 1.1% | |
| Capex to revenue | – | 23.8% | 39.1% | |
| Diluted shares | – | 74M | 1.25B |
Where the cash went
Fiscal 2021 to 2025, five years combined
SoFi Technologies generated $20.70B from operations and spent $654.11M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$20.70B
Used
$654.11M
Capital expenditure$653.58M100%Dividends$00%Share buybacks$526.00K0%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin77.7%
×Asset turnover0.01×
×Equity multiplier5.11×
=Return on equity, FY20255.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 77.7% | 0.01× | 5.11× | 5.7% |
| FY2024 | 99.1% | 0.02× | 5.64× | 8.5% |
| FY2023 | -71.4% | 0.02× | 4.70× | -5.8% |
| FY2022 | -85.0% | 0.03× | 2.94× | -6.7% |
| FY2021 | -195.4% | 0.03× | 4.17× | -22.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$481.32M
- Cash generatingOperating cash flow above zero-$3.74B
- Return on assets improvedROA up on the prior year1.7% → 1.3%
- Earnings backed by cashOperating cash flow above net income-$3.74B vs $481.32M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise1.10B → 1.25B
- Gross margin improvedGross margin up on the prior year8.25% → 1.67%
- More efficientAsset turnover rose0.02 → 0.02