SoFi Technologies, Inc. Financial Services — Professional Fees increased by 6.3% to $9.65M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 33.0%, from $7.26M to $9.65M. Over 3 years (FY 2022 to FY 2025), Financial Services — Professional Fees shows an upward trend with a 87.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Spikes in professional fees often correlate with regulatory scrutiny, M&A activity, or major strategic initiatives.
Covers payments made to external consultants, legal counsel, auditors, and other professional service providers specific...
Standard administrative expense category found in most corporate financial reporting.
sofi_segment_financial_services_professional_fees| 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 | $3.18M | $3.18M | $3.18M | $3.18M | $4.78M | $4.49M | $6.49M | $7.21M | $7.26M | $6.48M | $7.44M | $9.07M | $9.65M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +177.1% | +0.0% | +0.0% | +0.0% | +50.2% | -6.0% | +44.7% | +11.1% | +0.6% | -10.8% | +14.9% | +21.9% | +6.3% |
| YoY Change | — | — | — | — | +177.1% | +177.1% | +177.1% | +177.1% | +50.2% | +41.2% | +104.2% | +126.8% | +51.9% | +44.2% | +14.6% | +25.8% | +33.0% |