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SoFi Technologies, Inc. SOFI Allowance for Doubtful Accounts Receivable (Current)

Allowance for Doubtful Accounts Receivable (Current) at other companies

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Other financials

Income statement

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Revenue$1.2B+42.5%
Gross profit$929.2M+46.1%
Net income$156.6M+61.1%
EPS (diluted)$0.12+50.0%

Balance sheet

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Cash & equivalents$3.1B+15.2%
Total debt$3.3B-18.2%
Total equity$11.1B+61.4%
Total assets$60.9B+48.2%

Cash flow

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Operating cash flow-$2.3B-10,866%
CapEx$67.6M+28.4%
Free cash flow-$2.4B-7,560%

Valuation

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Market cap$23.4B-12.8%
Enterprise value$23.68B-16.3%
P/E36.8×-11.0×
P/S5.4×-3.3×

Profitability

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Gross margin83.6%+1.4pp
Net margin14.8%-3.6pp
FCF margin-160.7%-834pp

Returns & leverage

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Return on equity7.1%-1.7pp
Debt / equity0.3×-0.3×
Current ratio0.2×

Where this comes from

Reported directly by SoFi Technologies, Inc. in its filing.

Tagged under the XBRL concept us-gaap:AllowanceForDoubtfulAccountsReceivable.

The source filing: SoFi Technologies, Inc.’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 6:15 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001818874-26-000037
Line itemMarch 31,2026December 31,2025
Goodwill1,393,5051,393,505
Intangible assets215,087231,919
Operating lease right-of-use assets88,85693,941
Other assets (less allowance for credit losses of $2,682 and $2,998, as of March 31, 2026 and December 31, 2025, respectively)2,019,1522,177,044
Total assets$53,698,258$50,660,478
Liabilities and equity
Liabilities:
Deposits:

Item 1. Financial Statements

FAQ

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 $562K to $3M.
What does allowance for doubtful accounts receivable (current) mean?
This is the valuation allowance for current receivables that are considered uncollectible due to disputes, bankruptcy, or other non-payment issues. It serves as a buffer against potential losses from customer defaults. It is a critical indicator of the health of the company's accounts receivable portfolio.

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