Business Segments · Professional Fees

Financial Services — Professional Fees

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.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

Spikes in professional fees often correlate with regulatory scrutiny, M&A activity, or major strategic initiatives.

Detailed definition

Covers payments made to external consultants, legal counsel, auditors, and other professional service providers specific...

Peer comparison

Standard administrative expense category found in most corporate financial reporting.

Metric ID: sofi_segment_financial_services_professional_fees

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$1.15M$9.65M
CAGR+70.3%
Avg YoY Growth+92.3%
Median YoY Growth+51.9%
Current Streak3 quarters growth

Frequently Asked Questions

What is SoFi Technologies, Inc.'s financial services — professional fees?
SoFi Technologies, Inc. (SOFI) reported financial services — professional fees of $9.65M in Q1 2026.
How has SoFi Technologies, Inc.'s financial services — professional fees changed year-over-year?
SoFi Technologies, Inc.'s financial services — professional fees increased by 33.0% year-over-year, from $7.26M to $9.65M.
What is the long-term trend for SoFi Technologies, Inc.'s financial services — professional fees?
Over 3 years (2022 to 2025), SoFi Technologies, Inc.'s financial services — professional fees has grown at a 87.5% compound annual growth rate (CAGR), from $4.59M to $30.25M.
What does financial services — professional fees mean?
Fees paid to external professionals like lawyers, consultants, and auditors.