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
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