Business Segments · Directly Attributable Expenses

Technology Platform — Directly Attributable Expenses

SoFi Technologies, Inc. Technology Platform — Directly Attributable Expenses decreased by 15.3% to $63.09M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 13.0%, from $72.51M to $63.09M. Over 4 years (FY 2021 to FY 2025), Technology Platform — Directly Attributable Expenses shows an upward trend with a 23.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2026

How to read this metric

Rising directly attributable expenses relative to revenue indicates margin compression, while declining expenses suggest improved operational leverage.

Detailed definition

The sum of all operating expenses that can be directly traced to the technology platform segment. This metric provides a...

Peer comparison

Comparable to total segment operating expenses in any business unit reporting structure.

Metric ID: sofi_segment_technology_platform_directly_attributable_expenses

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$32.28M$34.48M$33.29M$42.55M$62.06M$65.24M$68.77M$63.03M$70.47M$57.73M$66.32M$63.62M$64.29M$69.58M$70.73M$72.51M$76.64M$82.21M$74.44M$63.09M
QoQ Change+6.8%-3.5%+27.8%+45.8%+5.1%+5.4%-8.3%+11.8%-18.1%+14.9%-4.1%+1.0%+8.2%+1.6%+2.5%+5.7%+7.3%-9.4%-15.3%
YoY Change+92.2%+89.2%+106.6%+48.1%+13.6%-11.5%-3.6%+0.9%-8.8%+20.5%+6.6%+14.0%+19.2%+18.1%+5.2%-13.0%
Range$32.28M$82.21M
CAGR+15.1%
Avg YoY Growth+24.8%
Median YoY Growth+13.8%
Current Streak2 quarters decline

Frequently Asked Questions

What is SoFi Technologies, Inc.'s technology platform — directly attributable expenses?
SoFi Technologies, Inc. (SOFI) reported technology platform — directly attributable expenses of $63.09M in Q1 2026.
How has SoFi Technologies, Inc.'s technology platform — directly attributable expenses changed year-over-year?
SoFi Technologies, Inc.'s technology platform — directly attributable expenses decreased by 13.0% year-over-year, from $72.51M to $63.09M.
What is the long-term trend for SoFi Technologies, Inc.'s technology platform — directly attributable expenses?
Over 4 years (2021 to 2025), SoFi Technologies, Inc.'s technology platform — directly attributable expenses has grown at a 23.7% compound annual growth rate (CAGR), from $130.44M to $305.80M.
What does technology platform — directly attributable expenses mean?
Total operating costs directly linked to the technology platform segment.