SoFi Technologies, Inc. (SOFI) stock
SOFINasdaqFinance ServicesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 10/308% above fair value
$15.42−0.21 (-1.34%)
Close on Nov 13, 2026Market cap $19.92BP/E 28.0Yield 0.00%
SoFi Technologies r&d expenses
Research and development expenses are spending on new products and technology.
SoFi Technologies's R&D Expenses for the twelve months ending Sep 30, 2026 was $749.44M, up 20.0% year over year. For fiscal 2025 it was $648.33M, up 17.5% from the year before. The highest annual figure on record is $648.33M in fiscal 2025.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $648.33M | +17.5% |
| FY2024 | Dec 31, 2024 | $551.79M | +7.9% |
| FY2023 | Dec 31, 2023 | $511.42M | +26.2% |
| FY2022 | Dec 31, 2022 | $405.26M | +46.8% |
| FY2021 | Dec 31, 2021 | $276.09M | +37.2% |
| FY2020 | Dec 31, 2020 | $201.20M | +36.4% |
| FY2019 | Dec 31, 2019 | $147.46M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $197.66M | +18.3% |
| Q2 FY2026 | Jun 30, 2026 | $191.28M | +25.7% |
| Q1 FY2026 | Mar 31, 2026 | $187.68M | +20.1% |
| Q4 FY2025 | Dec 31, 2025 | $172.84M | +16.0% |
| Q3 FY2025 | Sep 30, 2025 | $167.14M | +19.6% |
| Q2 FY2025 | Jun 30, 2025 | $152.15M | +15.1% |
| Q1 FY2025 | Mar 31, 2025 | $156.21M | +19.3% |
| Q4 FY2024 | Dec 31, 2024 | $148.99M | +5.1% |
| Q3 FY2024 | Sep 30, 2024 | $139.71M | +11.2% |
| Q2 FY2024 | Jun 30, 2024 | $132.17M | +4.2% |
| Q1 FY2024 | Mar 31, 2024 | $130.92M | +11.8% |
| Q4 FY2023 | Dec 31, 2023 | $141.82M | +25.2% |
| Q3 FY2023 | Sep 30, 2023 | $125.70M | +13.5% |
| Q2 FY2023 | Jun 30, 2023 | $126.85M | +27.7% |
| Q1 FY2023 | Mar 31, 2023 | $117.06M | +42.9% |
| Q4 FY2022 | Dec 31, 2022 | $113.28M | +70.8% |
| Q3 FY2022 | Sep 30, 2022 | $110.70M | +48.7% |
| Q2 FY2022 | Jun 30, 2022 | $99.37M | +43.2% |
| Q1 FY2022 | Mar 31, 2022 | $81.91M | +24.2% |
| Q4 FY2021 | Dec 31, 2021 | $66.32M | +14.8% |
| Q3 FY2021 | Sep 30, 2021 | $74.43M | +34.3% |
| Q2 FY2021 | Jun 30, 2021 | $69.39M | +45.1% |
| Q1 FY2021 | Mar 31, 2021 | $65.95M | – |
| Q4 FY2020 | Dec 31, 2020 | $57.77M | – |
| Q3 FY2020 | Sep 30, 2020 | $55.43M | – |
| Q2 FY2020 | Jun 30, 2020 | $47.83M | – |
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