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SoFi Technologies, Inc. SOFI Allowance for credit losses
Allowance for credit losses at other companies
Other financials
Where this comes from
Reported directly by SoFi Technologies, Inc. in its filing.
Tagged under the XBRL concept us-gaap:FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest.
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 item | March 31,2026 | December 31,2025 |
|---|---|---|
| Investment securities (includes available-for-sale securities of $3,048,360 and $2,454,453 at fair value with associated amortized cost of $3,043,774 and $2,434,627, as of March 31, 2026 and December 31, 2025, respectively) | 3,231,227 | 2,575,607 |
| Loans held for sale (includes $25.3 billion and $22.7 billion at fair value, as of March 31, 2026 and December 31, 2025, respectively) | 25,454,796 | 22,862,749 |
| Loans held for investment, at fair value | 15,336,820 | 13,657,578 |
| Loans held for investment, at amortized cost (less allowance for credit losses of $51,934 and $50,934, as of March 31, 2026 and December 31, 2025, respectively) | 1,381,174 | 1,516,736 |
| Servicing rights | 367,902 | 378,178 |
| Property, equipment and software | 448,488 | 416,448 |
| Goodwill | 1,393,505 | 1,393,505 |
| Intangible assets | 215,087 | 231,919 |
Item 1. Financial Statements
FAQ
- What is SoFi Technologies, Inc.'s allowance for credit losses?
- SoFi Technologies, Inc. (SOFI) reported allowance for credit losses of $51.93M in Q1 2026.
- How has SoFi Technologies, Inc.'s allowance for credit losses changed year-over-year?
- SoFi Technologies, Inc.'s allowance for credit losses increased by 17.1% year-over-year, from $44.37M to $51.93M.
- What is the long-term trend for SoFi Technologies, Inc.'s allowance for credit losses?
- Over 5 years (2020 to 2025), SoFi Technologies, Inc.'s allowance for credit losses has grown at a 197.4% compound annual growth rate (CAGR), from $219K to $50.93M.
- What does allowance for credit losses mean?
- Reserve held against the loan portfolio for estimated future credit losses under the CECL methodology — a contra-asset reducing net loans.
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