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SoFi Technologies, Inc. SOFI Financial Services — Goodwill

Other segment segments

Technology Platform
$1.34B0.0%
Lending
$17.69M0.0%

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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:Goodwill.

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 — goodwill?
SoFi Technologies, Inc. (SOFI) reported financial services — goodwill of $37.16M in Q1 2026.
How has SoFi Technologies, Inc.'s financial services — goodwill changed year-over-year?
SoFi Technologies, Inc.'s financial services — goodwill decreased by 0.0% year-over-year, from $37.16M to $37.16M.
What is the long-term trend for SoFi Technologies, Inc.'s financial services — goodwill?
Over 3 years (2022 to 2025), SoFi Technologies, Inc.'s financial services — goodwill has grown at a 0.0% compound annual growth rate (CAGR), from $148.64M to $148.64M.
What does financial services — goodwill mean?
Represents the intangible asset created when the company acquires another business for a price higher than the fair market value of its net identifiable assets. In the financial services segment, this often relates to past acquisitions of technology platforms or customer bases. It is subject to periodic impairment testing.