Financial Services — Directly Attributable Expenses
SoFi Technologies, Inc. Financial Services — Directly Attributable Expenses increased by 1.6% to $224.07M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 50.2%, from $149.15M to $224.07M. Over 4 years (FY 2021 to FY 2025), Financial Services — Directly Attributable Expenses shows an upward trend with a 38.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A rising ratio of these expenses to revenue indicates declining segment-level operating leverage.
Detailed definition
The sum of all operating costs that can be directly traced to the financial services segment, excluding corporate overhe...
Peer comparison
Comparable to direct operating expenses or segment-level cost of goods sold (COGS) in financial services.
sofi_segment_financial_services_directly_attributable_expensesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $41.78M | $52.09M | $57.15M | $73.06M | $84.06M | $101.58M | $54.07M | $105.34M | $102.40M | $114.99M | $59.11M | $106.21M | $109.28M | $132.54M | $134.81M | $149.15M | $164.27M | $184.87M | $220.49M | $224.07M |
| QoQ Change | — | +24.7% | +9.7% | +27.8% | +15.1% | +20.8% | -46.8% | +94.8% | -2.8% | +12.3% | -48.6% | +79.7% | +2.9% | +21.3% | +1.7% | +10.6% | +10.1% | +12.5% | +19.3% | +1.6% |
| YoY Change | — | — | — | — | +101.2% | +95.0% | -5.4% | +44.2% | +21.8% | +13.2% | +9.3% | +0.8% | +6.7% | +15.3% | +128.1% | +40.4% | +50.3% | +39.5% | +63.6% | +50.2% |
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Frequently Asked Questions
- What is SoFi Technologies, Inc.'s financial services — directly attributable expenses?
- SoFi Technologies, Inc. (SOFI) reported financial services — directly attributable expenses of $224.07M in Q1 2026.
- How has SoFi Technologies, Inc.'s financial services — directly attributable expenses changed year-over-year?
- SoFi Technologies, Inc.'s financial services — directly attributable expenses increased by 50.2% year-over-year, from $149.15M to $224.07M.
- What is the long-term trend for SoFi Technologies, Inc.'s financial services — directly attributable expenses?
- Over 4 years (2021 to 2025), SoFi Technologies, Inc.'s financial services — directly attributable expenses has grown at a 38.9% compound annual growth rate (CAGR), from $193.00M to $718.78M.
- What does financial services — directly attributable expenses mean?
- The total operating costs directly linked to the financial services business.