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SoFi Technologies, Inc. SOFI Technology Platform — Other Expenses

Other segment segments

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$29.42M+80.9%
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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 technology platform — other expenses?
SoFi Technologies, Inc. (SOFI) reported technology platform — other expenses of $3.17M in Q1 2026.
How has SoFi Technologies, Inc.'s technology platform — other expenses changed year-over-year?
SoFi Technologies, Inc.'s technology platform — other expenses decreased by 29.7% year-over-year, from $4.51M to $3.17M.
What is the long-term trend for SoFi Technologies, Inc.'s technology platform — other expenses?
Over 3 years (2022 to 2025), SoFi Technologies, Inc.'s technology platform — other expenses has grown at a -11.4% compound annual growth rate (CAGR), from $22.34M to $15.53M.
What does technology platform — other expenses mean?
Encompasses miscellaneous operational costs that do not fall into specific categories like fulfillment, tools, or professional fees. This category captures residual overhead required to maintain the technology platform.