Business Segments · Other Expenses

Financial Services — Other Expenses

SoFi Technologies, Inc. Financial Services — Other Expenses decreased by 2.5% to $29.42M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 80.9%, from $16.26M to $29.42M. Over 3 years (FY 2022 to FY 2025), Financial Services — Other Expenses shows an upward trend with a 29.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

Significant increases in this category may warrant further investigation into hidden operational inefficiencies or one-time costs.

Detailed definition

Captures miscellaneous operating expenses within the financial services segment that do not fall into specific categorie...

Peer comparison

Standard 'other' expense category found in segment-level financial reporting.

Metric ID: sofi_segment_financial_services_other_expenses

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$11.64M$11.64M$11.64M$11.64M$11.44M$11.44M$11.44M$11.44M$12.60M$13.80M$13.86M$17.51M$16.26M$27.69M$27.03M$30.18M$29.42M
QoQ Change+0.0%+0.0%+0.0%-1.7%+0.0%+0.0%+0.0%+10.1%+9.5%+0.4%+26.4%-7.1%+70.3%-2.4%+11.7%-2.5%
YoY Change-1.7%-1.7%-1.7%-1.7%+10.1%+20.6%+21.1%+53.0%+29.0%+100.7%+95.1%+72.4%+80.9%
Range$11.44M$30.18M
CAGR+26.1%
Avg YoY Growth+36.6%
Median YoY Growth+21.1%

Frequently Asked Questions

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?
Miscellaneous operating costs not categorized elsewhere.