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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | - |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | - |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | 26.00 Mn |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | 1.96 Bn |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | - |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | - |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | - |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | - |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | - |
| 10 | Ally Financial | 13.61 Bn | 5.77 Bn | 2.08 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |