Technology Platform — Professional Fees
SoFi Technologies, Inc. Technology Platform — Professional Fees increased by 23.6% to $4.31M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 61.5%, from $2.67M to $4.31M. Over 3 years (FY 2022 to FY 2025), Technology Platform — Professional Fees shows an upward trend with a 7.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Spikes in professional fees often correlate with strategic initiatives, regulatory compliance efforts, or corporate restructuring activities.
Detailed definition
Covers payments to external consultants, legal advisors, and other professional service providers engaged to support the...
Peer comparison
Standard administrative expense category found across all corporate entities for external advisory services.
sofi_segment_technology_platform_professional_feesHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.87M | $2.87M | $2.87M | $2.87M | $3.31M | $3.31M | $3.31M | $3.31M | $2.70M | $3.23M | $3.66M | $2.50M | $2.67M | $3.91M | $4.17M | $3.49M | $4.31M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +15.4% | +0.0% | +0.0% | +0.0% | -18.5% | +19.7% | +13.5% | -31.7% | +6.7% | +46.3% | +6.8% | -16.4% | +23.6% |
| YoY Change | — | — | — | — | +15.4% | +15.4% | +15.4% | +15.4% | -18.5% | -2.5% | +10.7% | -24.3% | -1.0% | +21.1% | +13.9% | +39.3% | +61.5% |
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Frequently Asked Questions
- What is SoFi Technologies, Inc.'s technology platform — professional fees?
- SoFi Technologies, Inc. (SOFI) reported technology platform — professional fees of $4.31M in Q1 2026.
- How has SoFi Technologies, Inc.'s technology platform — professional fees changed year-over-year?
- SoFi Technologies, Inc.'s technology platform — professional fees increased by 61.5% year-over-year, from $2.67M to $4.31M.
- What is the long-term trend for SoFi Technologies, Inc.'s technology platform — professional fees?
- Over 3 years (2022 to 2025), SoFi Technologies, Inc.'s technology platform — professional fees has grown at a 7.5% compound annual growth rate (CAGR), from $11.46M to $14.23M.
- What does technology platform — professional fees mean?
- Fees paid to external experts and consultants for platform support.