SoFi Technologies, Inc. Income Statement
SOFI / Financials|7 years of annual SEC 10-K data (FY2019-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 7 fiscal years. All figures from audited SEC 10-K filings.
SoFi Technologies, Inc. reported $3.6B in revenue and $481M in net income for FY2025. Revenue has grown at a 41.9% compound annual rate over the past 6 years.
Based on SEC 10-K filings.
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.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $3.6B | $2.7B | $2.1B | $1.6B | $984.9M | $565.5M | $442.7M |
| Cost of Revenue | $609.0M | $461.6M | $380.0M | $313.2M | $257.0M | $178.9M | $116.3M |
| SG&A Expense | $704.4M | $600.1M | $511.0M | $501.6M | $498.5M | $237.4M | $152.3M |
| R&D Expense | $648.3M | $551.8M | $511.4M | $405.3M | $276.1M | $201.2M | $147.5M |
| Operating Income | - | - | - | - | - | -$663.6K | - |
| Interest Expense | - | - | $789.3M | $189.3M | $102.8M | $185.6M | $278.4M |
| Income Tax | $44.5M | -$265.3M | -$416.0K | $1.7M | $2.8M | -$104.5M | $98.0K |
| Net Income | $481.3M | $498.7M | -$300.7M | -$320.4M | -$483.9M | -$224.1M | -$239.7M |
| EPS (Basic) | -$0.36 | -$0.40 | -$1.00 | -$4.30 | -$4.02 | -$4.30 | -$4.02 |
| EPS (Diluted) | -$0.36 | -$0.40 | -$1.00 | -$4.30 | -$4.02 | -$4.30 | -$4.02 |
| Shares Outstanding | 1.1B | 975.9M | 933.9M | 828.2M | 115.1M | 73.9M | 65.6M |
| Operating Margin | - | - | - | - | - | -0.1% | - |
| Profit Margin | 13.3% | 18.6% | -14.2% | -20.4% | -49.1% | -39.6% | -54.1% |