Current Liabilities

Deposits

SoFi Technologies, Inc. Deposits increased by 7.3% to $40.24B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 47.6%, from $27.26B to $40.24B. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2020
Last reportedQ1 2026

How to read this metric

An increase indicates strong customer acquisition and funding stability, while a decrease may signal liquidity risk or competitive pressure.

Detailed definition

Deposits represent the total liabilities owed to customers who have placed funds with the institution, including demand,...

Peer comparison

A core funding metric for banks and credit card issuers with banking charters.

Metric ID: fin_deposits

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$1.16B$2.71B$5.03B$7.34B$10.09B$12.74B$15.67B$18.62B$21.60B$23.00B$24.41B$25.98B$27.26B$29.54B$32.95B$37.51B$40.24B
QoQ Change+134.6%+85.5%+45.9%+37.4%+26.3%+23.0%+18.8%+16.0%+6.4%+6.1%+6.4%+4.9%+8.4%+11.5%+13.8%+7.3%
YoY Change+772.8%+369.7%+211.5%+153.6%+114.2%+80.5%+55.7%+39.5%+26.2%+28.5%+35.0%+44.4%+47.6%
Range$0.00$40.24B
Avg YoY Growth+152.2%
Median YoY Growth+55.7%
Current Streak16+ quarters growth

Frequently Asked Questions

What is SoFi Technologies, Inc.'s deposits?
SoFi Technologies, Inc. (SOFI) reported deposits of $40.24B in Q1 2026.
How has SoFi Technologies, Inc.'s deposits changed year-over-year?
SoFi Technologies, Inc.'s deposits increased by 47.6% year-over-year, from $27.26B to $40.24B.
What does deposits mean?
The total amount of money customers have deposited with the company.