Company / SG&A Expense
SoFi Technologies, Inc. SG&A Expense History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$704.4M
FY2025
5-year range
$498.5M / $704.4M
FY2021-FY2025
Trend
+17.4%
vs FY2024
Sector context
#32 of 131
Financials
What the data says
SoFi Technologies, Inc.'s sg&a expense of $704M is higher than 76% of companies in the Financials sector (FY2025). SG&A Expense has increased for 6 consecutive years, from $152M in FY2019 to $704M in FY2025.
Based on SEC 10-K filings.
$704M in FY2025 with a 5-year CAGR of +24.3%. Top quartile in the Financials sector.
Increased from $511M to $704M over the past 2 years.
Financials sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +12.0%
- 5-Year CAGR
- +24.3%
- 10-Year CAGR
- -
Sector benchmark
Bottom 24% in FinancialsTop 76% of 131This company $704.4M Sector average $902.0M
▼
-21.9% below sector average
Key checks
Key Insights
- SoFi Technologies, Inc.'s sg&a expense has grown for 6 consecutive years.
- 5-year CAGR of +24.3%, indicating consistent growth.
- In FY2025, sg&a expense increased 17.4% year-over-year.
- Ranks #32 out of 131 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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $704.4M | +17.4% |
| FY2024 | $600.1M | +17.4% |
| FY2023 | $511.0M | +1.9% |
| FY2022 | $501.6M | +0.6% |
| FY2021 | $498.5M | +110.0% |
| FY2020 | $237.4M | +55.9% |
| FY2019 | $152.3M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026