SoFi Technologies, Inc. Noninterest Expense increased by 6.9% to $891.92M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 30.0%, from $686.30M to $891.92M. Over 4 years (FY 2021 to FY 2025), Noninterest Expense shows an upward trend with a 20.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase relative to revenue indicates declining operational efficiency, whereas a decrease suggests successful cost management or improved economies of scale.
This metric aggregates all operating costs that are not related to interest-bearing liabilities, providing a comprehensi...
Standardized across the banking industry as a primary measure of non-interest operating costs.
other_noninterest_expense| 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 | $396.67M | $301.87M | $395.06M | $439.95M | $458.24M | $498.44M | $441.30M | $508.22M | $547.35M | $804.14M | $509.30M | $543.59M | $571.64M | $627.25M | $667.32M | $686.30M | $732.72M | $803.85M | $834.31M | $891.92M |
| QoQ Change | — | -23.9% | +30.9% | +11.4% | +4.2% | +8.8% | -11.5% | +15.2% | +7.7% | +46.9% | -36.7% | +6.7% | +5.2% | +9.7% | +6.4% | +2.8% | +6.8% | +9.7% | +3.8% | +6.9% |
| YoY Change | — | — | — | — | +15.5% | +65.1% | +11.7% | +15.5% | +19.4% | +61.3% | +15.4% | +7.0% | +4.4% | -22.0% | +31.0% | +26.3% | +28.2% | +28.2% | +25.0% | +30.0% |