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SoFi Technologies, Inc. SOFI Financial Services — Other Expenses

Other segment segments

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$9.43M+17.1%
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$3.17M-29.7%

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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:OtherExpenses.

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 — other expenses?
SoFi Technologies, Inc. (SOFI) reported financial services — other expenses of $29.42M in Q1 2026.
How has SoFi Technologies, Inc.'s financial services — other expenses changed year-over-year?
SoFi Technologies, Inc.'s financial services — other expenses increased by 80.9% year-over-year, from $16.26M to $29.42M.
What is the long-term trend for SoFi Technologies, Inc.'s financial services — other expenses?
Over 3 years (2022 to 2025), SoFi Technologies, Inc.'s financial services — other expenses has grown at a 29.5% compound annual growth rate (CAGR), from $46.58M to $101.17M.
What does financial services — other expenses mean?
Captures miscellaneous operating expenses within the financial services segment that do not fall into specific categories like marketing, personnel, or technology. This may include office overhead, travel, or minor administrative costs. It serves as a catch-all for operational expenditures.