SoFi Technologies (SOFI) Cost of Revenue (2020 - 2026)

SoFi Technologies (SOFI) has reported Cost of Revenue for 7 consecutive years, with $171.1 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue rose 26.27% year-over-year to $171.1 million; the TTM figure through Mar 2026 stood at $644.6 million (up 29.67% YoY), while the FY2025 annual figure was $609.0 million, up 31.92% from the prior year.
• Cost of Revenue climbed to $171.1 million in Q1 2026 per SOFI's latest filing, from $161.6 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $171.1 million in Q1 2026 and bottomed at $70.4 million in Q1 2022.
• Historically, Cost of Revenue has averaged $113.8 million across 5 years, with a median of $103.9 million in 2023.
• Annual changes were most pronounced in 2022 — Cost of Revenue rose 16.5% — and 2025, when it surged 37.13%.
• SoFi Technologies' Cost of Revenue stood at $80.6 million in 2022, then rose by 28.94% to $103.9 million in 2023, then gained by 23.29% to $128.2 million in 2024, then increased by 26.11% to $161.6 million in 2025, then rose by 5.88% to $171.1 million in 2026.
• Business Quant data shows SOFI's Cost of Revenue at $171.1 million in Q1 2026, $161.6 million in Q4 2025, and $161.4 million in Q3 2025.