SoFi Technologies, Inc. Letters of Credit Outstanding, Amount decreased by 12.8% to $4.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 26.8%, from $5.60M to $4.10M. Over 5 years (FY 2020 to FY 2025), Letters of Credit Outstanding, Amount shows a downward trend with a -12.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase suggests higher reliance on external credit facilities to support operational or contractual obligations.
This represents the total face value of letters of credit issued by the company to guarantee performance or payment to t...
Common in capital-intensive industries; reflects the company's ability to secure credit and manage counterparty risk.
other_letters_of_credit_outstanding_amount| 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 | $9.30M | $9.30M | $9.10M | $9.10M | $9.10M | $9.10M | $9.10M | $8.60M | $8.60M | $6.40M | $6.40M | $6.40M | $6.40M | $5.60M | $5.60M | $5.60M | $5.60M | $4.70M | $4.70M | $4.10M |
| QoQ Change | — | +0.0% | -2.2% | +0.0% | +0.0% | +0.0% | +0.0% | -5.5% | +0.0% | -25.6% | +0.0% | +0.0% | +0.0% | -12.5% | +0.0% | +0.0% | +0.0% | -16.1% | +0.0% | -12.8% |
| YoY Change | — | — | — | — | -2.2% | -2.2% | +0.0% | -5.5% | -5.5% | -29.7% | -29.7% | -25.6% | -25.6% | -12.5% | -12.5% | -12.5% | -12.5% | -16.1% | -16.1% | -26.8% |