SoFi Technologies, Inc. SOFI Provision for Credit Losses
Provision for Credit Losses at other companies
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Other financials
Where this comes from
Reported directly by SoFi Technologies, Inc. in its filing.
Tagged under the XBRL concept us-gaap:FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal.
The official record: SoFi Technologies, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is SoFi Technologies, Inc.'s provision for credit losses?
- SoFi Technologies, Inc. (SOFI) reported provision for credit losses of $8.9M in Q1 2026.
- How has SoFi Technologies, Inc.'s provision for credit losses changed year-over-year?
- SoFi Technologies, Inc.'s provision for credit losses increased by 56.7% year-over-year, from $5.68M to $8.9M.
- What is the long-term trend for SoFi Technologies, Inc.'s provision for credit losses?
- Over 4 years (2021 to 2025), SoFi Technologies, Inc.'s provision for credit losses has grown at a 41.5% compound annual growth rate (CAGR), from $7.57M to $30.32M.
- What does provision for credit losses mean?
- Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.