Company / Cost of Revenue
SoFi Technologies, Inc. Cost of Revenue History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$609.0M
FY2025
5-year range
$257.0M / $609.0M
FY2021-FY2025
Trend
+31.9%
vs FY2024
Sector context
#17 of 36
Financials
What the data says
At $609M, SoFi Technologies, Inc.'s cost of revenue ranks #20 of 36 in the Financials sector. Cost of Revenue has increased for 6 consecutive years, from $116M in FY2019 to $609M in FY2025.
Based on SEC 10-K filings.
$609M in FY2025 with a 5-year CAGR of +27.8%.
Increased from $380M to $609M over the past 2 years.
Financials sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +24.8%
- 5-Year CAGR
- +27.8%
- 10-Year CAGR
- -
Sector benchmark
#20 of 36 in FinancialsTop 53% of 36This company $609.0M Sector average $1.3B
▼
-54.7% below sector average
Key checks
Key Insights
- SoFi Technologies, Inc.'s cost of revenue has grown for 6 consecutive years.
- 5-year CAGR of +27.8%, indicating consistent growth.
- In FY2025, cost of revenue increased 31.9% year-over-year.
- Ranks #17 out of 36 companies in the Financials sector.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score 0.17 (distress zone, below 1.8 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $609.0M | +31.9% |
| FY2024 | $461.6M | +21.5% |
| FY2023 | $380.0M | +21.3% |
| FY2022 | $313.2M | +21.9% |
| FY2021 | $257.0M | +43.6% |
| FY2020 | $178.9M | +53.8% |
| FY2019 | $116.3M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026