Discontinued — last reported Q3 '22
Enterprise services — Total revenue from contracts with customers
SoFi Technologies, Inc. Enterprise services — Total revenue from contracts with customers increased by 6.7% to $240.00K in Q3 2022 compared to the prior quarter. Year-over-year, this metric grew by 281.0%, from $63.00K to $240.00K. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates successful scaling of the B2B technology platform and growing demand for the company's infrastructure services among third-party clients. A decrease may signal increased competition in the fintech infrastructure space or a loss of key enterprise partners.
Detailed definition
This metric represents the total revenue generated from business-to-business technology platform services, including pay...
Peer comparison
Comparable to 'Platform Revenue' or 'Technology Services Revenue' reported by other fintech infrastructure providers and payment processors.
sofi_segment_enterprise_services_total_revenue_from_contracts_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | |
|---|---|---|---|---|---|---|
| Value | $2.70M | $63.00K | $81.00K | $203.00K | $225.00K | $240.00K |
| QoQ Change | — | -97.7% | +28.6% | +150.6% | +10.8% | +6.7% |
| YoY Change | — | — | — | — | -91.7% | +281.0% |
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Frequently Asked Questions
- What is SoFi Technologies, Inc.'s enterprise services — total revenue from contracts with customers?
- SoFi Technologies, Inc. (SOFI) reported enterprise services — total revenue from contracts with customers of $240.00K in Q3 2022.
- How has SoFi Technologies, Inc.'s enterprise services — total revenue from contracts with customers changed year-over-year?
- SoFi Technologies, Inc.'s enterprise services — total revenue from contracts with customers increased by 281.0% year-over-year, from $63.00K to $240.00K.
- What does enterprise services — total revenue from contracts with customers mean?
- Total revenue earned from providing technology platform and infrastructure services to other businesses.