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% on a QoQ basis 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 came in at $54.4 million for Q2 2023 at SoFi Technologies, 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 587.74 Bn 575.34 Bn - 705.00 Mn
2 Mastercard 465.55 Bn 455.34 Bn - -
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 498.00 Mn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 122.00 Mn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn -
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn -
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn -
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn -
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -
10 Sezzle 5.91 Bn 5.79 Bn - -

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