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| 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 |