SoFi Technologies SOFI
NASDAQ SOFI
$18.06 -1.12 (-5.84%)
At close: Aug 28, 2026 · 4:00 PM EDT

SoFi Technologies (SOFI) Acquisitions (2022 - 2023)

SoFi Technologies (SOFI) posted quarterly Acquisitions of $54.4 million for Q2 2023, up 467.91% year-over-year from $9.6 million in Q2 2022, and up 202.88% quarter-over-quarter from $17.9 million in Q1 2023.

Analysis

SoFi Technologies (SOFI) Acquisitions (2022 - 2023) Analysis & Trends

SoFi Technologies (SOFI) has reported Acquisitions for 2 consecutive years, with $54.4 million the latest figure, recorded in Q2 2023.

  • In Q2 2023, Acquisitions rose 467.91% year-over-year to $54.4 million; the TTM figure through Mar 2024 stood at $54.4 million (up 147.72% YoY), while the FY2023 annual figure was $72.3 million, up 223.51% from the prior year.
  • Acquisitions grew to $54.4 million in Q2 2023 per SOFI's latest filing, from $17.9 million in the prior quarter.
  • Across five years, Acquisitions topped out at $73.3 million in Q1 2022 and bottomed at -$117.1 million in Q4 2022.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Acquisitions (Qtr)
1 Visa 680.39 Bn 668.03 Bn - -
2 Mastercard 518.33 Bn 504.84 Bn - -
3 American Express 224.91 Bn 175.59 Bn 17.99 Bn 26.00 Mn
4 Capital One Financial 132.31 Bn 77.60 Bn - 1.96 Bn
5 PayPal Holdings 46.25 Bn 35.00 Bn - -
6 Affirm Holdings 26.22 Bn 24.59 Bn - -
7 Synchrony Financial 25.37 Bn 9.17 Bn - -
8 SoFi Technologies 23.30 Bn 20.18 Bn 1.02 Bn -
9 Ally Financial 12.85 Bn 5.01 Bn 2.08 Bn -
10 FirstCash Holdings 9.51 Bn 9.34 Bn 533.67 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2023 54.36 Mn
Mar 31, 2023 17.95 Mn
Dec 31, 2022 -117.08 Mn
Jun 30, 2022 -14.77 Mn
Mar 31, 2022 73.31 Mn