SoFi Technologies, Inc. SOFI Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Corporate/Other total net revenue (loss) by Business | ||||||
| Financial Services | $428.54M+41.4% | $456.74M+78.1% | $419.62M+76.1% | $362.53M+106% | $303.12M+101% | |
| Lending | $642.42M+55.4% | $498.68M+19.4% | $493.38M+24.5% | $443.51M+30.2% | $413.37M+25.1% | |
| Technology Platform | $75.09M-27.4% | $122.37M+19.0% | $114.58M+11.7% | $109.83M+15.1% | $103.43M+9.6% | |
| Total net revenue from contracts with customers by Business | ||||||
| Financial Services | $80.16M+49.1% | $76.3M+62.9% | $67.16M+66.9% | $61.35M+76.8% | $53.76M+81.0% | |
| Technology Platform | $49.34M-43.0% | $93.99M+6.0% | $89.64M-1.5% | $90.54M+5.2% | $86.62M+0.8% | |
| Reportable segments total contribution profit by Business | ||||||
| Financial Services | $195.58M+31.9% | $230.79M+101% | $225.56M+126% | $188.23M+241% | $148.33M+299% | |
| Lending | $382.39M+60.0% | $271.66M+10.4% | $261.6M+9.5% | $244.71M+23.6% | $238.94M+15.0% | |
| Technology Platform | $12M-61.2% | $47.93M+49.3% | $32.37M-1.8% | $33.2M+6.6% | $30.91M+0.6% | |
| Noninterest Income by Business | ||||||
| Financial Services | $200.8M+54.6% | $248.93M+159% | $215.96M+157% | $169.21M+359% | $129.92M+321% | |
| Lending | $142.19M+170% | $53.92M-25.7% | $65.41M-18.2% | $70.84M+15.2% | $52.75M-17.5% | |
| Technology Platform | $74.73M-27.5% | $121.98M+19.2% | $114.15M+12.0% | $109.57M+15.5% | $103.01M+9.7% | |
| Net interest income (expense) by Business | ||||||
| Financial Services | $227.74M+31.5% | $207.81M+29.6% | $203.66M+32.1% | $193.32M+38.9% | $173.2M+44.7% | |
| Lending | $500.23M+38.7% | $444.76M+28.8% | $427.97M+35.3% | $372.68M+33.5% | $360.62M+35.3% | |
| Technology Platform | $355K-14.0% | $394K-16.7% | $432K-31.3% | $266K-52.1% | $413K-17.6% | |
| Directly Attributable Expenses by Business | ||||||
| Financial Services | $224.07M+50.2% | $220.49M+63.6% | $184.87M+39.5% | $164.27M+50.3% | $149.15M+40.4% | |
| Lending | $246.9M+42.4% | $214.81M+21.5% | $219.81M+43.7% | $202.09M+43.2% | $173.4M+47.4% | |
| Technology Platform | $63.09M-13.0% | $74.44M+5.2% | $82.21M+18.1% | $76.64M+19.2% | $72.51M+14.0% | |
| Compensation and benefits, inclusive of share-based compensation expense by Business | ||||||
| Financial Services | $57.43M+35.2% | $54.82M+38.1% | $45.91M+40.9% | $38.14M+18.1% | $42.48M+30.7% | |
| Lending | $52.25M+45.6% | $44.59M+33.7% | $43.01M+25.9% | $42.75M+39.6% | $35.89M+27.0% | |
| Technology Platform | $46.09M+3.6% | $50.72M+19.8% | $48.52M+27.3% | $44.17M+24.8% | $44.49M+22.6% | |
| Other Expenses by Business | ||||||
| Financial Services | $29.42M+80.9% | $30.18M+72.4% | $27.03M+95.1% | $27.69M+101% | $16.26M+29.0% | |
| Lending | $9.43M+17.1% | $9.39M+31.5% | $7.95M+9.6% | $6.85M-3.2% | $8.05M+23.6% | |
| Technology Platform | $3.17M-29.7% | $3.99M-8.6% | $4.4M-3.0% | $2.63M-41.6% | $4.51M+6.1% | |
| Intercompany Technology Platform Expense by Business | ||||||
| Financial Services | $12.73M+15.5% | $12.03M+44.9% | $10.52M+105% | $13.32M+141% | $11.02M+123% | |
| Lending | $612K+25.2% | $534K+10.3% | $578K-56.9% | $477K+9.4% | $489K+10.1% | |
| Technology Platform | $0— | $0— | $0— | $0— | $0— | |
| Product Fulfillment Expense by Business | ||||||
| Financial Services | $26.6M+42.2% | $23.66M+17.5% | $25.01M+29.9% | $19.04M+10.5% | $18.7M+12.8% | |
| Lending | $0— | $0— | $0— | $0— | $0— | |
| Technology Platform | $2.53M-81.9% | $5.73M-59.6% | $15.91M+2.6% | $15.25M+2.2% | $13.96M+2.3% | |
| Advertising Expense by Business | ||||||
| Financial Services | $11.99M+111% | $9.94M+53.1% | $9.29M-38.3% | $8.42M+36.1% | $5.68M-36.9% | |
| Lending | $96.91M+43.0% | $89.06M+34.2% | $91.6M+77.6% | $79.31M+42.1% | $67.77M+51.4% | |
| Technology Platform | $0— | $0— | $0— | $0— | $0— | |
| Tools and Subscriptions Expense by Business | ||||||
| Financial Services | $0— | $0— | $0— | $0— | $0— | |
| Lending | $0— | $0— | $0— | $0— | $0— | |
| Technology Platform | $6.99M+1.5% | $10.51M+43.1% | $9.21M+18.7% | $10.69M+71.1% | $6.89M+2.3% | |
| Residual interests classified as debt – change in valuation inputs or assumptions by Business | ||||||
| Financial Services | $0— | $0— | $0— | $0— | $0— | |
| Lending | $27K-22.9% | $8K-68.0% | $15K+66.7% | $12K+1,100% | $35K-52.1% | |
| Technology Platform | $0— | $0— | $0— | $0— | $0— | |
| Lead Generation by Business | ||||||
| Financial Services | $51.62M+63.0% | $57.8M+255% | $39.24M+94.6% | $33.18M+345% | $31.67M+393% | |
| Lending | $59.14M+47.0% | $44.77M-14.1% | $49.97M+23.8% | $49.56M+53.9% | $40.25M+62.2% | |
| Technology Platform | $0— | $0— | $0— | $0— | $0— | |
| Professional Fees by Business | ||||||
| Financial Services | $9.65M+33.0% | $9.07M+25.8% | $7.44M+14.6% | $6.48M+44.2% | $7.26M+51.9% | |
| Lending | $3.86M+72.8% | $3.68M+21.5% | $3.62M-4.0% | $3.51M+26.2% | $2.24M-6.0% | |
| Technology Platform | $4.31M+61.5% | $3.49M+39.3% | $4.17M+13.9% | $3.91M+21.1% | $2.67M-1.0% | |
| Member Incentive Expense by Business | ||||||
| Financial Services | $24.63M+53.2% | $22.99M+19.8% | $20.42M+2.2% | $18M-19.2% | $16.08M-17.0% | |
| Lending | $0— | $0— | $0— | $0— | $0— | |
| Technology Platform | $0— | $0— | $0— | $0— | $0— | |
| Loan Origination And Servicing Expenses by Business | ||||||
| Financial Services | $0— | $0— | $0— | $0— | $0— | |
| Lending | $24.7M+31.9% | $22.79M+58.9% | $23.07M+59.5% | $19.63M+61.2% | $18.72M+79.5% | |
| Technology Platform | $0— | $0— | $0— | $0— | $0— | |
| Servicing rights – change in valuation inputs or assumptions by Business | ||||||
| Financial Services | $0— | $0— | $0— | $0— | $0— | |
| Lending | $13.16M+1,126% | $12.22M— | $11.99M+175% | -$3.27M-298% | $1.07M-79.4% | |
| Technology Platform | $0— | $0— | $0— | $0— | $0— | |
| Goodwill by Business | ||||||
| Financial Services | $37.16M0.0% | $37.16M0.0% | $37.16M0.0% | $37.16M0.0% | $37.16M0.0% | |
| Lending | $17.69M0.0% | $17.69M0.0% | $17.69M0.0% | $17.69M0.0% | $17.69M0.0% | |
| Technology Platform | $1.34B0.0% | $1.34B0.0% | $1.34B0.0% | $1.34B0.0% | $1.34B0.0% | |
| Provision for Credit Losses by Business | ||||||
| Financial Services | $8.89M+57.7% | $5.46M-20.3% | $9.2M+53.1% | $10.03M-13.8% | $5.64M-21.3% | |
| Lending | $0— | $0— | $0— | $0— | $0— | |
| Technology Platform | $0— | $0— | $0— | $0— | $0— | |
| Total net revenue from contracts with customers by Product | ||||||
| Brokerage | $15.1M+116% | $12.88M+120% | $12.26M+117% | $7.54M+26.5% | $6.99M+73.2% | |
| Interchange | $35.2M+54.3% | $35.91M+66.3% | $29.09M+55.0% | $26.5M+83.3% | $22.81M+90.1% | |
| Net crypto transaction revenue | $852K— | —— | —— | —— | $0— | |
| Other | $5.97M+245% | $4.14M+535% | $4.11M+627% | $2.17M+231% | $1.73M+86.7% | |
| Referrals, loan platform business | $19.28M-2.1% | $19.73M+21.3% | $18.01M+35.6% | $22.55M+89.8% | $19.7M+84.1% | |
| Referrals, other | $3.76M+48.5% | $3.64M+47.7% | $3.7M+88.5% | $2.59M+48.9% | $2.53M+24.4% | |
| Technology services | $48.78M-43.3% | $92.14M+6.4% | $88.02M-1.6% | $89.57M+4.8% | $85.99M+1.6% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does SoFi Technologies, Inc. break its business down?
- SoFi Technologies, Inc. (SOFI) reports corporate/other total net revenue (loss) by business across 3 parts — Financial Services, Lending and Technology Platform. Each is extracted from the segment footnotes and tracked over time.
- Where does SoFi Technologies, Inc.'s segment data come from?
- Segment breakdowns are pulled from the segment footnotes in SoFi Technologies, Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
