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SoFi Technologies, Inc. SOFI Financial Services — Product Fulfillment Expense

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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 sofi:ProductFulfillmentExpense.

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 — product fulfillment expense?
SoFi Technologies, Inc. (SOFI) reported financial services — product fulfillment expense of $26.6M in Q1 2026.
How has SoFi Technologies, Inc.'s financial services — product fulfillment expense changed year-over-year?
SoFi Technologies, Inc.'s financial services — product fulfillment expense increased by 42.2% year-over-year, from $18.7M to $26.6M.
What is the long-term trend for SoFi Technologies, Inc.'s financial services — product fulfillment expense?
Over 3 years (2022 to 2025), SoFi Technologies, Inc.'s financial services — product fulfillment expense has grown at a 36.9% compound annual growth rate (CAGR), from $33.71M to $86.41M.
What does financial services — product fulfillment expense mean?
Captures the costs required to deliver and execute financial products to the end customer after the initial sale. This includes back-office processing, account setup, and the fulfillment of service-level agreements for banking or investment products. It reflects the scalability of the company's operational infrastructure.