Business Segments · Provision for Credit Losses
Technology Platform — Provision for Credit Losses
This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026
Rolls up toProvision for Credit Losses
How to read this metric
A decrease is generally positive, suggesting improved credit quality or a more favorable economic outlook for the segment's loan portfolio.
Detailed definition
An expense set aside to cover potential future losses from loans or credit products managed within the technology platfo...
Peer comparison
Standard metric for any financial institution or platform that holds credit risk on its balance sheet.
Metric ID:
sofi_segment_technology_platform_provision_for_credit_lossesHistorical Data
17 periods
| 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
Range$0.00 – $0.00
Similar Metrics at Other Companies
Frequently Asked Questions
- What is SoFi Technologies, Inc.'s technology platform — provision for credit losses?
- SoFi Technologies, Inc. (SOFI) reported technology platform — provision for credit losses of $0.00 in Q1 2026.
- What does technology platform — provision for credit losses mean?
- The amount of money set aside to cover potential losses from bad loans or credit defaults.