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SoFi Technologies, Inc. SOFI Financial Services — Advertising Expense

Other segment segments

Lending
$96.91M+43.0%
Technology Platform
$0

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Other financials

Income statement

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Revenue$1.1B+42.6%
Gross profit$929.2M+46.1%
Net income$166.7M+134%
EPS (diluted)$0.12+100%

Balance sheet

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Cash & equivalents$3.8B+38.5%
Total debt$1.9B-39.0%
Total equity$10.8B+61.9%
Total assets$53.7B+42.2%

Cash flow

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Operating cash flow-$2.3B-10,866%
CapEx$67.6M+28.4%
Free cash flow-$2.4B-7,560%

Valuation

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Market cap$23B+26.2%
Enterprise value$21.15B+8.5%
P/E39.9×+7.4×
P/S5.8×-0.1×

Profitability

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Gross margin83.6%+1.4pp
Net margin14.6%-2.6pp
FCF margin-160.7%-834pp

Returns & leverage

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Return on equity6.6%-1.1pp
Debt / equity0.2×-0.3×
Current ratio0.2×

Where this comes from

Reported directly by SoFi Technologies, Inc. in its filing.

Tagged under the XBRL concept us-gaap:AdvertisingExpense.

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 financial services — advertising expense?
SoFi Technologies, Inc. (SOFI) reported financial services — advertising expense of $11.99M in Q1 2026.
How has SoFi Technologies, Inc.'s financial services — advertising expense changed year-over-year?
SoFi Technologies, Inc.'s financial services — advertising expense increased by 111.3% year-over-year, from $5.68M to $11.99M.
What is the long-term trend for SoFi Technologies, Inc.'s financial services — advertising expense?
Over 3 years (2022 to 2025), SoFi Technologies, Inc.'s financial services — advertising expense has grown at a -3.1% compound annual growth rate (CAGR), from $36.66M to $33.32M.
What does financial services — advertising expense mean?
Direct costs incurred for marketing and advertising campaigns to acquire new customers or promote products. This is a key component of customer acquisition cost (CAC) analysis.