SoFi Technologies (SOFI) Acquisitions (2022 - 2023)

SoFi Technologies' quarterly Acquisitions came in at $54.4 million in Q2 2023, up 467.91% year-on-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 has reported Acquisitions for 2 years, with the latest figure at $54.4 million in Q2 2023.

  • For the quarter ending Q2 2023, Acquisitions rose 467.91% year-over-year to $54.4 million; the trailing twelve-month figure through Mar 2024 stood at $54.4 million (up 147.72% YoY), and the FY2023 full-year result was $72.3 million, up 223.51% from the prior year.
  • Acquisitions for Q2 2023 stood at $54.4 million, up from $17.9 million in the prior quarter.
  • The five-year high for Acquisitions was $73.3 million in Q1 2022, with the low at -$117.1 million in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Acquisitions (Qtr)
1 Visa 539.53 Bn 527.13 Bn - 705.00 Mn
2 Mastercard 441.81 Bn 431.60 Bn - -
3 American Express 215.01 Bn 160.96 Bn 17.43 Bn 498.00 Mn
4 Capital One Financial 114.99 Bn 38.50 Bn - 241.00 Mn
5 PayPal Holdings 41.29 Bn 31.95 Bn 7.84 Bn 122.00 Mn
6 Affirm Holdings 24.62 Bn 22.89 Bn 261.64 Mn -
7 Synchrony Financial 24.22 Bn 3.66 Bn - -
8 SoFi Technologies 23.71 Bn 20.31 Bn 929.25 Mn -
9 Ally Financial 13.13 Bn 12.69 Bn 1.98 Bn -
10 Credit Acceptance 6.46 Bn 6.44 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