Discontinued — last reported Q1 '18

Current Assets

Allowance for Doubtful Accounts Receivable (Current)

SoFi Technologies, Inc. Allowance for Doubtful Accounts Receivable (Current) decreased by 10.5% to $2.68M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.8%, from $2.79M to $2.68M. Over 5 years (FY 2020 to FY 2025), Allowance for Doubtful Accounts Receivable (Current) shows an upward trend with a 39.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ3 2015
Last reportedQ1 2018

How to read this metric

A significant increase relative to receivables may signal deteriorating customer credit quality or economic headwinds in specific markets.

Detailed definition

This is a contra-asset account representing the estimated amount of accounts receivable that the company expects will no...

Peer comparison

Standard across all industries; peers in the medical device sector typically maintain low levels unless operating in high-risk emerging markets.

Metric ID: allowance_for_doubtful_accounts_receivable_current

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$1.23M$1.96M$2.29M$1.65M$2.72M$1.79M$2.79M$1.65M$1.94M$1.58M$1.84M$2.11M$1.51M$2.65M$2.44M$2.79M$3.18M$3.12M$3.00M$2.68M
QoQ Change+59.3%+17.0%-27.9%+64.6%-34.2%+55.5%-40.9%+17.8%-18.4%+16.2%+14.8%-28.4%+75.7%-7.8%+14.1%+13.9%-1.8%-3.9%-10.5%
YoY Change+121.1%-8.6%+21.5%-0.4%-28.8%-11.7%-34.0%+28.2%-22.1%+67.7%+33.0%+32.2%+110.6%+17.7%+22.7%-3.8%
Range$1.23M$3.18M
CAGR+17.8%
Avg YoY Growth+21.6%
Median YoY Growth+19.6%
Current Streak3 quarters decline

Frequently Asked Questions

What is SoFi Technologies, Inc.'s allowance for doubtful accounts receivable (current)?
SoFi Technologies, Inc. (SOFI) reported allowance for doubtful accounts receivable (current) of $2.68M in Q1 2026.
How has SoFi Technologies, Inc.'s allowance for doubtful accounts receivable (current) changed year-over-year?
SoFi Technologies, Inc.'s allowance for doubtful accounts receivable (current) decreased by 3.8% year-over-year, from $2.79M to $2.68M.
What is the long-term trend for SoFi Technologies, Inc.'s allowance for doubtful accounts receivable (current)?
Over 5 years (2020 to 2025), SoFi Technologies, Inc.'s allowance for doubtful accounts receivable (current) has grown at a 39.8% compound annual growth rate (CAGR), from $562.00K to $3.00M.
What does allowance for doubtful accounts receivable (current) mean?
The estimated portion of customer invoices that the company expects will never be paid.