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SoFi Technologies, Inc. SOFI Interchange — Total net revenue from contracts with customers

Other product segments

Technology services
$48.78M-43.3%
Referrals, loan platform business
$19.28M-2.1%
Brokerage
$15.1M+116%
Other
$5.97M+245%
Referrals, other
$3.76M+48.5%
Net crypto transaction revenue
$852K

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COFSInterchange Income — Revenue (Gross)
$1.89M+25.4%
First Financial Corporation logo
THFFInterchange Income — Revenue
$186K-13.1%
Independent Bank Corporation logo
IBCPInterchange income — Revenue from contracts with customers
$3.23M+3.4%
John Marshall Bancorp logo
JMSBInterchange Income — Revenue
$72K-10.0%
Trustco Bank Corp logo
TRSTInterchange Income — Revenue
$1.1M-26.1%

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 interchange — total net revenue from contracts with customers?
SoFi Technologies, Inc. (SOFI) reported interchange — total net revenue from contracts with customers of $35.2M in Q1 2026.
How has SoFi Technologies, Inc.'s interchange — total net revenue from contracts with customers changed year-over-year?
SoFi Technologies, Inc.'s interchange — total net revenue from contracts with customers increased by 54.3% year-over-year, from $22.81M to $35.2M.
What is the long-term trend for SoFi Technologies, Inc.'s interchange — total net revenue from contracts with customers?
Over 4 years (2021 to 2025), SoFi Technologies, Inc.'s interchange — total net revenue from contracts with customers has grown at a 81.0% compound annual growth rate (CAGR), from $10.64M to $114.32M.
What does interchange — total net revenue from contracts with customers mean?
This metric represents the total net revenue generated from transaction processing fees earned when customers use payment cards or digital banking services. It captures the income derived from the interchange fees paid by merchants to the card-issuing institution for facilitating electronic transactions. As a key component of the company's technology platform segment, it reflects the scale and adoption of the company's payment processing infrastructure.