SoFi Technologies, Inc. Lending — Professional Fees increased by 5.0% to $3.86M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 72.8%, from $2.24M to $3.86M. Over 3 years (FY 2022 to FY 2025), Lending — Professional Fees shows an upward trend with a 25.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Spikes in these fees often correlate with regulatory scrutiny, legal disputes, or major strategic initiatives within the lending division.
Encompasses payments to external consultants, legal counsel, and auditors for services provided specifically to the lend...
Standard professional services expense line item found in most corporate financial reporting.
sofi_segment_lending_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 | $1.66M | $1.66M | $1.66M | $1.66M | $2.40M | $2.40M | $2.40M | $2.40M | $2.38M | $2.78M | $3.78M | $3.03M | $2.24M | $3.51M | $3.62M | $3.68M | $3.86M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +44.3% | +0.0% | +0.0% | +0.0% | -0.8% | +16.8% | +36.0% | -19.9% | -26.1% | +56.8% | +3.4% | +1.5% | +5.0% |
| YoY Change | — | — | — | — | +44.3% | +44.3% | +44.3% | +44.3% | -0.8% | +15.8% | +57.5% | +26.2% | -6.0% | +26.2% | -4.0% | +21.5% | +72.8% |