Financial Services — Intercompany Technology Platform Expense
SoFi Technologies, Inc. Financial Services — Intercompany Technology Platform Expense increased by 5.8% to $12.73M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.5%, from $11.02M to $12.73M. Over 3 years (FY 2022 to FY 2025), Financial Services — Intercompany Technology Platform Expense shows an upward trend with a 116.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Changes reflect shifts in internal resource usage or adjustments in the company's internal transfer pricing models.
Detailed definition
Represents the internal costs allocated to the financial services segment for the use of shared technology platforms or...
Peer comparison
Similar to internal IT chargebacks or shared service allocations in diversified financial conglomerates.
sofi_segment_financial_services_intercompany_technology_platform_expenseHistorical Data
| 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 | $1.15M | $1.15M | $1.15M | $1.15M | $3.24M | $3.24M | $3.24M | $3.24M | $4.95M | $5.53M | $5.14M | $8.30M | $11.02M | $13.32M | $10.52M | $12.03M | $12.73M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +181.8% | +0.0% | +0.0% | +0.0% | +52.8% | +11.8% | -7.1% | +61.5% | +32.8% | +20.9% | -21.0% | +14.3% | +5.8% |
| YoY Change | — | — | — | — | +181.8% | +181.8% | +181.8% | +181.8% | +52.8% | +70.8% | +58.6% | +156.2% | +122.6% | +140.7% | +104.7% | +44.9% | +15.5% |
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Frequently Asked Questions
- What is SoFi Technologies, Inc.'s financial services — intercompany technology platform expense?
- SoFi Technologies, Inc. (SOFI) reported financial services — intercompany technology platform expense of $12.73M in Q1 2026.
- How has SoFi Technologies, Inc.'s financial services — intercompany technology platform expense changed year-over-year?
- SoFi Technologies, Inc.'s financial services — intercompany technology platform expense increased by 15.5% year-over-year, from $11.02M to $12.73M.
- What is the long-term trend for SoFi Technologies, Inc.'s financial services — intercompany technology platform expense?
- Over 3 years (2022 to 2025), SoFi Technologies, Inc.'s financial services — intercompany technology platform expense has grown at a 116.8% compound annual growth rate (CAGR), from $4.60M to $46.89M.
- What does financial services — intercompany technology platform expense mean?
- Internal charges for using the company's shared technology infrastructure.