SoFi Technologies, Inc. SOFI Financial Services — Intercompany Technology Platform Expense
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Where this comes from
Reported directly by SoFi Technologies, Inc. in its filing.
Tagged under the XBRL concept sofi:IntercompanyTechnologyPlatformExpense.
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 — intercompany technology platform expense?
- SoFi Technologies, Inc. (SOFI) reported financial services — intercompany technology platform expense of $12.73M in Q1 2026.
- How has SoFi Technologies, Inc.'s financial services — intercompany technology platform expense changed year-over-year?
- SoFi Technologies, Inc.'s financial services — intercompany technology platform expense increased by 15.5% year-over-year, from $11.02M to $12.73M.
- What is the long-term trend for SoFi Technologies, Inc.'s financial services — intercompany technology platform expense?
- Over 3 years (2022 to 2025), SoFi Technologies, Inc.'s financial services — intercompany technology platform expense has grown at a 116.8% compound annual growth rate (CAGR), from $4.6M to $46.89M.
- What does financial services — intercompany technology platform expense mean?
- Represents the internal costs allocated to the financial services segment for the use of shared technology platforms or infrastructure owned by other parts of the organization. This ensures that the segment bears its fair share of the company's core technology investment. It is a measure of internal cost allocation efficiency.