SoFi Technologies (SOFI) Acquisitions (2022 - 2023)

SoFi Technologies (SOFI) recorded quarterly Acquisitions of $54.4 million in Q2 2023, up 202.88% quarter-over-quarter from $17.9 million in Q1 2023, and up 467.91% on a YoY basis from $9.6 million in Q2 2022.

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

SoFi Technologies' Acquisitions history runs 2 years deep, the most recent figure standing at $54.4 million for 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 was $54.4 million for Q2 2023 at SoFi Technologies, up from $17.9 million in the prior quarter.
  • In the past five years, Acquisitions ranged from a high of $73.3 million in Q1 2022 to a low of -$117.1 million in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Acquisitions (Qtr)
1 Visa 548.22 Bn 535.81 Bn - 705.00 Mn
2 Mastercard 437.48 Bn 427.27 Bn - -
3 American Express 231.87 Bn 177.83 Bn 17.43 Bn 498.00 Mn
4 Capital One Financial 125.74 Bn 49.24 Bn - 241.00 Mn
5 PayPal Holdings 38.80 Bn 29.46 Bn 7.84 Bn 122.00 Mn
6 Synchrony Financial 25.78 Bn 5.22 Bn - -
7 Affirm Holdings 24.65 Bn 22.93 Bn 261.64 Mn -
8 SoFi Technologies 22.89 Bn 19.49 Bn 929.25 Mn -
9 Ally Financial 14.15 Bn 13.70 Bn 1.98 Bn -
10 Credit Acceptance 6.63 Bn 6.61 Bn 562.70 Mn -

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