SoFi Technologies Inc.

SoFi Technologies Inc.

SOFI · NASDAQ · Financial Services / Credit Services

15.42USD-0.21 (-1.34%)

Price History

Full chart

Market Stats

Previous Close15.63
Open15.68
Day Range15.08 – 15.75
52-Week Range13.86 – 32.73
Volume38.37M
Market Cap18.68B
P/E (TTM)29.51
Forward P/E17.92
EPS0.49
Dividend Yield0.00%
Beta2.33
50-Day Avg16.66
200-Day Avg17.99

About

SoFi Technologies, Inc. provides various financial services in the United States, Latin America, Canada, and Hong Kong. The company operates through three segments: Lending, Technology Platform, and Financial Services. It offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money; and personal loans, student loans, home loans, and related services. The company also operates Galileo, a technology platform that offers services to financial and non-financial institution; and Technisys, a cloud-native digital and core banking platform that provides software licenses and associated services, including implementation and maintenance. In addition, it provides SoFi Money offers checking and savings accounts, and cash management products; SoFi Invest, a mobile-first investment platform that offers access to trading and advisory solutions, such as investing and robo-advisory; and SoFI Crypto, a new digital asset trading platform. Further, the company offers SoFi Credit Card that provides cash back rewards on every purchase; Sofi Relay, a personal finance management product that allows to track all of their financial accounts comprising credit score and spending behaviors; SoFi Protect which offers insurance product; SoFi Travel, an application that manages travel search and booking experience; SoFi At Work provides financial benefits to employees, including student loan payments made on their employees' behalf; Lantern Credit, a financial services marketplace platform for seeking alternative products and provide product comparisons; and other lending as a service that offers pre-qualified borrower referrals and offers loans to third-party partner. The company was founded in 2011 and is based in San Francisco, California.

Company Details

  • SectorFinancial Services
  • IndustryCredit Services
  • CEOMr. Anthony J. Noto
  • Employees6.10K
  • Headquarters234 1st Street, San Francisco, CA, United States, 94105, USA
  • Websitehttps://www.sofi.com

Leadership

  • Mr. George Thompson HuttonIndependent Non Executive Chairman · b. 1956
  • Mr. Anthony J. NotoCEO & Director · b. 1969
  • Mr. Christopher LapointeChief Financial Officer · b. 1984
  • Mr. Jeremy RishelChief Technology Officer · b. 1973
  • Dr. Kelli A. KeoughExecutive VP and Group Business Unit Leader for Spend, Invest, Protect & Save · b. 1970
  • Mr. Arun PintoChief Risk Officer · b. 1979
  • Mr. Tom KarinshakEVP & Head of Global Operations
  • Mr. Robert Steven Lavet J.D.General Counsel · b. 1949
  • Ms. Lauren Stafford WebbChief Marketing Officer · b. 1986
  • Mr. William F. Tanona C.F.A.Senior Vice President of Corporate Development & Strategic Partnerships · b. 1973

Financials

Income Statement

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue824.63M599.95M442.66M751.14M1.09B1.76B2.05B2.61B4.77B
Growth (%)--27.25%-26.22%+69.69%+44.80%+62.08%+16.35%+27.37%+82.58%
Cost of Revenue152.21M330.55M279.74M185.61M110.35M243.61M1.09B-30.80M1.19B
Gross Profit506.71M269.40M442.66M565.53M977.30M1.52B2.05B2.61B3.58B
Gross Margin61.45%44.90%100.00%75.29%89.85%86.18%100.00%100.00%75.12%
Operating Expense449.07M522.76M682.26M894.05M1.46B1.84B2.35B1.75B3.06B
Operating Income57.63M-253.36M-239.60M-328.52M-481.18M-318.72M-300.33M859.65M525.86M
Operating Margin6.99%-42.23%-54.13%-43.74%-44.24%-18.08%-14.64%32.91%11.03%
EBITDA65.78M-242.44M-223.64M-258.69M-379.61M-167.36M-300.33M436.84M760.01M
EBITDA Margin7.98%-40.41%-50.52%-34.44%-34.90%-9.49%-14.64%16.72%15.93%
Net Income49.77M-252.40M-239.70M-224.05M-483.94M-320.41M-300.74M498.67M481.32M
Net Income Margin6.04%-42.07%-54.15%-29.83%-44.49%-18.18%-14.66%19.09%10.09%
R&D68.26M99.32M147.46M201.20M276.09M405.26M511.42M551.79M648.33M
R&D as % of Total Revenue8.28%16.55%33.31%26.79%25.38%22.99%24.93%21.12%13.59%
Interest Expense0330.55M278.36M185.61M102.78M189.28M789.33M1.09B1.16B
Interest Expense % of Total Revenue0.00%55.10%62.88%24.71%9.45%10.74%38.48%41.78%24.24%

Balance Sheet

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-28.20M7.29B8.56B9.18B19.01B30.07B36.25B50.66B
Total Liabilities-6.73B5.19B5.51B4.48B13.48B24.52B29.73B40.17B
Total Equity--6.70B2.10B3.05B4.70B5.53B5.55B6.53B10.49B
Cash-537.00M499.49M872.58M494.71M1.42B3.09B2.54B4.93B
Total Debt-182.78M5.08B5.07B4.54B5.63B5.36B3.20B1.93B
Net Debt--354.22M4.59B4.20B3.69B4.21B2.28B665.92M-2.99B

Cash Flow

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow76.79M1.02B-54.73M-479.34M-1.35B-7.26B-7.23B-1.12B-3.74B
Investing Cash Flow-3.01B-12.25M114.87M258.95M110.19M-106.33M-1.89B-4.82B-6.72B
Financing Cash Flow3.05B-954.79M93.08M853.75M684.99M8.44B10.89B5.03B13.11B
Capital Expenditure11.59M13.73M37.59M24.55M52.26M103.73M121.19M163.62M242.44M
Free Cash Flow65.21M1.01B-92.32M-503.88M-1.40B-7.36B-7.35B-1.28B-3.98B
Dividends Paid651.00K23.92M23.92M10.24B40.43M40.42M40.42M16.50M0
FCF to OCF84.91%98.66%168.68%105.12%103.87%101.43%101.68%114.61%106.48%
Dividend Paid to FCF1.00%2.37%-25.91%-2031.84%-2.88%-0.55%-0.55%-1.29%0.00%

Earnings

Report DateDec 31, 2019Nov 23, 2020Mar 3, 2021May 24, 2021Aug 12, 2021Nov 10, 2021Mar 1, 2022May 10, 2022Aug 2, 2022Nov 1, 2022Jan 30, 2023May 1, 2023Jul 31, 2023Oct 30, 2023Jan 29, 2024Apr 29, 2024Jul 30, 2024Oct 29, 2024Jan 27, 2025Apr 29, 2025Jul 29, 2025Oct 28, 2025Jan 30, 2026Apr 27, 2026Jul 29, 2026Oct 27, 2026
EPS Estimate0.000.00--0.05-0.05-0.13-0.12-0.15-0.10-0.07-0.07-0.09-0.07-0.090.040.010.010.040.040.030.060.080.110.120.110.17
EPS Actual-3.39-3.23-0.01-0.22-0.48-0.12-0.12-0.14-0.11-0.08-0.04-0.04-0.06-0.030.040.030.020.050.050.060.090.100.120.120.120.18
Surprise----340.00%-860.00%7.69%0.00%6.67%-10.00%-14.29%42.86%55.56%14.29%66.67%0.00%200.00%100.00%25.00%25.00%100.00%50.00%25.00%9.09%0.00%9.09%5.88%
Timing---Pre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-market

Key Statistics & Ratios

Market Cap18.68B
Enterprise Value18.72B
Trailing P/E29.51
Forward P/E17.92
PEG Ratio0.52
Price / Sales4.38
Price / Book1.70
EPS0.49
Book Value8.58
Revenue (TTM)4.27B
Gross Profit (TTM)3.57B
Profit Margin14.91%
Operating Margin16.96%
Return on Equity7.10%
Return on Assets1.25%
Shares Outstanding1.29B
Shares Float1.27B
Beta2.33
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 25 analystsTarget 20.22
  • Strong Buy
    6
  • Buy
    4
  • Hold
    11
  • Sell
    2
  • Strong Sell
    2