SoFi Technologies, Inc. specializes in delivering a wide array of online financial solutions. The company's business is structured across three main divisions: Lending, Technology Platform, and Financial Services. Through its diverse offerings, SoFi empowers its members to manage their money comprehensively, facilitating borrowing, saving, spending, investing, and asset protection. Its lending portfolio includes student loans, personal loans for various needs like debt consolidation or home improvements, and home mortgages. Furthermore, SoFi provides services for cash management and investment, complemented by its robust technology services. This technology segment features Galileo, a platform serving both financial and non-financial institutions; Apex, a technology-driven platform for investment custody and clearing brokerage; and Technisys, a cutting-edge, cloud-native core banking platform designed for multiple products. Established in 2011, SoFi Technologies, Inc. is based in San Francisco, California.
Price Overview
Last updated: Jul 8, 2026 7:23pm (1m ago)Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): 0.42
Total Equity: $10.49B
Shares: 1,251,767,000
Total Debt: $1.82B
Cash: $4.93B
EBITDA: $760.01M
Total Debt: $1.82B
Cash: $4.93B
Revenue: $4.77B
Revenue: $4.77B
Revenue: $4.77B
Total Equity: $10.49B
Tax Rate: 8.5%
Equity: $10.49B
Total Debt: $1.82B
Cash: $4.93B
Current Liabilities: $38.45B
Long-Term Debt: $1.33B
Total Debt: $1.82B
Total Equity: $10.49B
Shares: 1,251,767,000
Shares: 1,251,767,000
CapEx: -$242.44M
Shares: 1,251,767,000
Stock Price: $17.75
Net Income: $481.32M
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
Last updated: Jul 8, 2026 3:05am (16h ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.8B | $2.9B | $3.7B | $4.8B |
| Cost of Revenue | $110.3M | $243.6M | $844.3M | $1.1B | $1.2B |
| Gross Profit | $977.3M | $1.5B | $2.1B | $2.6B | $3.6B |
| Operating Expenses | $1.5B | $1.8B | $2.4B | $2.3B | $3.1B |
| Operating Income | -$481.2M | -$318.7M | -$301.2M | $233.3M | $525.9M |
| Net Income | -$483.9M | -$320.4M | -$300.7M | $498.7M | $481.3M |
| EBITDA | -$379.6M | -$167.4M | -$99.7M | $436.8M | $760.0M |
| EPS | $-1.00 | $-0.40 | $-0.36 | $0.46 | $0.42 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jul 8, 2026 3:05am (16h ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $494.7M | $1.4B | $3.1B | $2.5B | $4.9B |
| Total Current Assets | $833.0M | $1.7B | $3.9B | $5.2B | $9.2B |
| Total Assets | $9.2B | $19.0B | $30.1B | $36.3B | $50.7B |
| Current Liabilities | $750.1M | $8.1B | $19.5B | $26.9B | $38.4B |
| Long-Term Debt | $3.5B | $5.0B | $4.8B | $2.6B | $1.3B |
| Total Liabilities | $4.5B | $13.5B | $24.5B | $29.7B | $40.2B |
| Total Equity | $4.7B | $5.5B | $5.6B | $6.5B | $10.5B |
| Retained Earnings | -$1.2B | -$1.5B | -$1.8B | -$1.3B | -$824.3M |
Cash Flow (Annual)
Last updated: Jul 8, 2026 3:05am (16h ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$1.4B | -$7.3B | -$7.2B | -$1.1B | -$3.7B |
| Capital Expenditure | -$52.3M | -$103.7M | -$121.2M | -$163.6M | -$242.4M |
| Free Cash Flow | -$1.4B | -$7.4B | -$7.3B | -$1.3B | -$4.0B |
| Acquisitions (net) | $0 | $58.5M | -$72.3M | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$283.4M | $0 | $0 | $0 | -$65.0M |
| Net Change in Cash | -$555.0M | $1.1B | $1.8B | -$906.2M | $2.6B |
Analyst Estimates (Annual)
Last updated: Jul 7, 2026 10:55pm (20h ago)| Metric | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| Revenue |
$4.7B $4.7B – $4.7B
|
$5.7B $5.6B – $5.8B
|
$7.1B $7.1B – $7.2B
|
$8.1B $8.0B – $8.4B
|
| EBITDA |
$2.5B $2.5B – $2.5B
|
$3.0B $3.0B – $3.1B
|
$3.8B $3.7B – $3.8B
|
$4.3B $4.2B – $4.4B
|
| Net Income |
$740.3M $708.6M – $771.9M
|
$1.0B $970.0M – $1.1B
|
$1.2B $1.0B – $1.4B
|
$1.7B $1.7B – $1.8B
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jul 8, 2026 3:05am (16h ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +62.1% | +64.4% | +27.8% | +28.8% |
| Gross Profit Growth | +55.4% | +35.2% | +25.7% | +38.8% |
| Operating Income Growth | +33.8% | +5.5% | +177.5% | +125.4% |
| Net Income Growth | +33.8% | +6.1% | +265.8% | -3.5% |
| EBITDA Growth | +55.9% | +40.4% | +538.0% | +74.0% |
Insider Trading (Recent)
Last updated: Jul 8, 2026 7:23pm (1m ago)All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-26 | Borden William A. | A-Award | 1,016.00 | $0.00 | $0 |
| 2026-06-22 | Keough Kelli | S-Sale | 10,954.00 | $17.35 | $190,058 |
| 2026-06-17 | Meltzer Gary | M-Exempt | 2,823.00 | $0.00 | $0 |
| 2026-06-17 | Meltzer Gary | M-Exempt | 2,823.00 | $0.00 | $0 |
| 2026-06-17 | Lavet Robert S | M-Exempt | 2,823.00 | $0.00 | $0 |
| 2026-06-18 | Lavet Robert S | S-Sale | 1,188.00 | $17.55 | $20,845 |
| 2026-06-17 | Lavet Robert S | M-Exempt | 2,823.00 | $0.00 | $0 |
| 2026-06-15 | YESIL MAGDALENA | G-Gift | 433,104.00 | $0.00 | $0 |
| 2026-06-15 | YESIL MAGDALENA | G-Gift | 433,104.00 | $0.00 | $0 |
| 2026-06-15 | Lapointe Christopher | M-Exempt | 14,609.00 | $0.00 | $0 |
| 2026-06-15 | Lapointe Christopher | M-Exempt | 36,590.00 | $0.00 | $0 |
| 2026-06-15 | Lapointe Christopher | M-Exempt | 52,953.00 | $0.00 | $0 |
| 2026-06-15 | Lapointe Christopher | F-InKind | 55,219.00 | $16.58 | $915,531 |
| 2026-06-15 | Lapointe Christopher | M-Exempt | 52,953.00 | $0.00 | $0 |
| 2026-06-15 | Lapointe Christopher | M-Exempt | 36,590.00 | $0.00 | $0 |
| 2026-06-15 | Lapointe Christopher | M-Exempt | 14,609.00 | $0.00 | $0 |
| 2026-06-15 | Noto Anthony | M-Exempt | 55,190.00 | $0.00 | $0 |
| 2026-06-15 | Noto Anthony | M-Exempt | 154,198.00 | $0.00 | $0 |
| 2026-06-15 | Noto Anthony | F-InKind | 187,018.00 | $16.58 | $3.1M |
| 2026-06-15 | Noto Anthony | M-Exempt | 136,165.00 | $0.00 | $0 |
Narrative Economics
market-narrative step).
Delvantic AI Findings
Looking at the raw quarterly cadence first: revenue went $849M → $861M → $986M → $1.01B → $1.04B → $1.13B → $1.27B → $1.34B. That's not "decelerating" in any meaningful sense — sequential growth accelerated in H2 2025 (12% Q/Q in Q3, 5.5% in Q4), and YoY growth expanded from 14% in Q2'24 to 33% in Q4'25. The "decelerating quarterly trend" flag from the revenue confidence module is wrong, or at best mis-specified. Net income ex the Q4'24 $332M DTA release (which was a one-time valuation allowance reversal — that's what a 33% margin print in an otherwise ~10% margin business signals) shows margins expanding cleanly: 6.9% → 8.6% → 11% → 13%. That is a genuine operating inflection, not an accounting artifact.
The synthesis model's $12-14 floor and $18-22 platform-case is directionally reasonable but I think it under-weights the operating leverage now visible. 2025 delivered $4.77B revenue with $1.68B operating income — a 35.2% operating margin on a GAAP basis versus $233M (6.3%) in 2024. That's a 7x op income jump on 29% revenue growth. If you believe even half of that margin structure persists, 2026 at $6.1B revenue and 25% op margins gets you ~$1.5B op income, which on $24B market cap is not egregious. The reverse-DCF test: at 6.3x P/S, the market needs ~20% revenue CAGR for 5 years and terminal 20% FCF margins. With revenue CAGR already 28% and accelerating, the bar is being cleared, not stretched.
The contrarian case — and it's real — is that SoFi isn't a software platform, it's a bank that reports GAAP net income while burning $3.98B of FCF. Operating cash flow of negative $3.74B means the "earnings" are an accrual artifact of loan originations held at fair value; the cash reality is that SoFi funds loans with deposits and securitizations, and spread compression or a credit cycle would expose this immediately. ROE of 5.87% and ROA of 0.99% are bank-like, not fintech-like, and a bank earning sub-6% ROE does not deserve 2.87x book. If you normalize to a 10-11% ROE mature-state bank at 1.3-1.5x book, fair value is closer to $10-11, not $18. Galileo is the swing factor, and we don't have clean segment disclosure in this file to size it.
The insider activity tag of "net insider buying" is misleading — what I see is award grants plus M-Exempt exercises followed by F-InKind withholdings and sales (9,742 and 94,958 share sales on March 18-20, 2026). That's routine option-exercise-and-sell behavior, not conviction buying. I'd call it neutral-to-slightly-negative, not a bullish signal. Also worth noting: the file has 2026-dated transactions, which means the data extends past today or the dating convention is off — either way, treat the insider signal as noise.
Where I land: the models are collectively too cautious on the trajectory and too generous on the quality. The revenue and margin inflection in 2025 is real and the synthesis "high conviction required" verdict is defensible but timid — at $18.6 with this Q4 print, you're paying ~15x forward EBITDA for a business compounding revenue near 30% with visible operating leverage. The genuine risk is not valuation, it's that this is still a credit-sensitive balance sheet dressed as a platform, and the -$3.98B FCF means a funding-market disruption is an existential variable, not a rounding error. I'd push back on the synthesis $12-14 downside — that's too low given 2025 GAAP op income of $1.68B — and call fair value $17-22 with significant right-tail optionality if Galileo inflects. Current price sits mid-range of fair, not cheap, not expensive.