SoFi Technologies (SOFI) Deferred Taxes (2020 - 2026)
SoFi Technologies' quarterly Deferred Taxes came in at $28.9 million in Q1 2026, up 228.6% year-on-year from $8.8 million in Q1 2025, and up 378.66% quarter-over-quarter from -$10.4 million in Q4 2025.
SoFi Technologies (SOFI) Deferred Taxes (2020 - 2026) Analysis & Trends
SoFi Technologies has reported Deferred Taxes for 7 years, with the latest figure at $28.9 million in Q1 2026.
- For the quarter ending Q1 2026, Deferred Taxes rose 228.6% year-over-year to $28.9 million; the trailing twelve-month figure through Mar 2026 stood at $36.3 million (up 113.09% YoY), and the FY2025 full-year result was $16.2 million, up 105.64% from the prior year.
- Deferred Taxes for Q1 2026 stood at $28.9 million, up from -$10.4 million in the prior quarter.
- The five-year high for Deferred Taxes was $28.9 million in Q1 2026, with the low at -$284.0 million in Q4 2024.
- Average Deferred Taxes over 5 years is -$15.4 million, with a median of -$887000.0 recorded in 2023.
- Year-over-year, Deferred Taxes sank 16378.57% in 2022 and soared 4098.3% in 2025.
- Tracing SOFI's Deferred Taxes over 5 years: stood at $922000.0 in 2022, then plunged by 1129.83% to -$9.5 million in 2023, then tumbled by 2890.87% to -$284.0 million in 2024, then jumped by 96.35% to -$10.4 million in 2025, then surged by 378.66% to $28.9 million in 2026.
- The last three Deferred Taxes figures came in at $28.9 million (Q1 2026), -$10.4 million (Q4 2025), and $7.4 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 539.53 Bn | 527.13 Bn | - | 453.00 Mn |
| 2 | Mastercard | 441.81 Bn | 431.60 Bn | - | 193.00 Mn |
| 3 | American Express | 215.01 Bn | 160.96 Bn | 17.43 Bn | 145.00 Mn |
| 4 | Capital One Financial | 114.99 Bn | 38.50 Bn | - | 244.00 Mn |
| 5 | PayPal Holdings | 41.29 Bn | 31.95 Bn | 7.84 Bn | -290.00 Mn |
| 6 | Affirm Holdings | 24.62 Bn | 22.89 Bn | 261.64 Mn | - |
| 7 | Synchrony Financial | 24.22 Bn | 3.66 Bn | - | 28.00 Mn |
| 8 | SoFi Technologies | 23.71 Bn | 20.31 Bn | 929.25 Mn | 28.90 Mn |
| 9 | Ally Financial | 13.13 Bn | 12.69 Bn | 1.98 Bn | -22.00 Mn |
| 10 | Credit Acceptance | 6.46 Bn | 6.44 Bn | 562.70 Mn | -13.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.90 Mn |
| Dec 31, 2025 | -10.37 Mn |
| Sep 30, 2025 | 7.39 Mn |
| Jun 30, 2025 | 10.38 Mn |
| Mar 31, 2025 | 8.79 Mn |
| Dec 31, 2024 | -283.98 Mn |
| Sep 30, 2024 | 176,000.00 |
| Jun 30, 2024 | -2.14 Mn |
| Mar 31, 2024 | -967,000.00 |
| Dec 31, 2023 | -9.50 Mn |
| Sep 30, 2023 | -887,000.00 |
| Jun 30, 2023 | -5.51 Mn |
| Mar 31, 2023 | 68,000.00 |
| Dec 31, 2022 | 922,000.00 |
| Sep 30, 2022 | -2.10 Mn |
| Jun 30, 2022 | -2.28 Mn |
| Mar 31, 2022 | -40,000.00 |
| Dec 31, 2021 | 505,000.00 |
| Sep 30, 2021 | 62,000.00 |
| Jun 30, 2021 | 14,000.00 |