Technology services — Total net revenue from contracts with customers
SoFi Technologies, Inc. Technology services — Total net revenue from contracts with customers decreased by 47.1% to $48.78M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 43.3%, from $85.99M to $48.78M. Over 4 years (FY 2021 to FY 2025), Technology services — Total net revenue from contracts with customers shows an upward trend with a 16.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests successful scaling of the technology platform and improved margins on service delivery, while a decrease may indicate pricing pressure or higher costs of service.
Detailed definition
This metric represents the net revenue generated by the technology services segment after accounting for direct costs an...
Peer comparison
Comparable to 'Platform Services Revenue' or 'Technology Infrastructure Net Revenue' reported by fintech infrastructure providers and payment processors.
sofi_segment_technology_services_total_net_revenue_from_contracts_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $47.96M | $47.96M | $47.96M | $59.16M | $81.11M | $81.47M | $77.64M | $72.13M | $80.33M | $81.42M | $85.97M | $84.65M | $85.47M | $89.43M | $86.63M | $85.99M | $89.57M | $88.02M | $92.14M | $48.78M |
| QoQ Change | — | +0.0% | +0.0% | +23.3% | +37.1% | +0.4% | -4.7% | -7.1% | +11.4% | +1.4% | +5.6% | -1.5% | +1.0% | +4.6% | -3.1% | -0.7% | +4.2% | -1.7% | +4.7% | -47.1% |
| YoY Change | — | — | — | — | +69.1% | +69.9% | +61.9% | +21.9% | -1.0% | -0.1% | +10.7% | +17.4% | +6.4% | +9.8% | +0.8% | +1.6% | +4.8% | -1.6% | +6.4% | -43.3% |
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Frequently Asked Questions
- What is SoFi Technologies, Inc.'s technology services — total net revenue from contracts with customers?
- SoFi Technologies, Inc. (SOFI) reported technology services — total net revenue from contracts with customers of $48.78M in Q1 2026.
- How has SoFi Technologies, Inc.'s technology services — total net revenue from contracts with customers changed year-over-year?
- SoFi Technologies, Inc.'s technology services — total net revenue from contracts with customers decreased by 43.3% year-over-year, from $85.99M to $48.78M.
- What is the long-term trend for SoFi Technologies, Inc.'s technology services — total net revenue from contracts with customers?
- Over 4 years (2021 to 2025), SoFi Technologies, Inc.'s technology services — total net revenue from contracts with customers has grown at a 16.7% compound annual growth rate (CAGR), from $191.85M to $355.72M.
- What does technology services — total net revenue from contracts with customers mean?
- The net income earned from providing technology platform and infrastructure services to external clients.