SoFi Technologies, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $619.4M | $503.1M | $421.5M | $377.1M | $247.7M |
| Research and development | $648.3M | $551.8M | $511.4M | $405.3M | $276.1M |
| Interest expense | — | — | $789.3M | $189.3M | $102.8M |
| Pretax income | $525.9M | $233.3M | -$301.2M | -$318.7M | -$481.2M |
| Income tax expense | $44.5M | -$265.3M | -$416,000 | $1.7M | $2.8M |
| Net income | $481.3M | $498.7M | -$300.7M | -$320.4M | -$483.9M |
| Balance Sheet | |||||
| Cash and equivalents | $4.9B | $2.5B | $3.1B | $1.4B | $494.7M |
| Total assets | $50.7B | $36.3B | $30.1B | $19.0B | $9.2B |
| Total liabilities | $40.2B | $29.7B | $24.5B | $13.5B | $4.5B |
| Total debt | $1.8B | $3.1B | $5.2B | $5.5B | $3.9B |
| Stockholders' equity | $10.5B | $6.5B | $5.2B | $5.2B | $4.4B |
| Cash Flow Statement | |||||
| Cash from operations | -$3.7B | -$1.1B | -$7.2B | -$7.3B | -$1.4B |
| Depreciation and amortization | $234.2M | $203.5M | $201.4M | $151.4M | $101.6M |
| Stock-based compensation | $262.1M | $246.2M | $271.2M | $306.0M | $239.0M |
| Capital expenditure | $242.4M | $154.3M | $111.4M | $93.2M | $52.3M |
| Free cash flow | -$4.0B | -$1.3B | -$7.3B | -$7.3B | -$1.4B |
| Share repurchases | — | — | $0 | $0 | $526,000 |
| Impairments | $0 | $0 | $247.2M | $0 | $0 |
Shares outstanding 1.3B · Free float 88.7%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.