SoFi Technologies (SOFI) Gross Margin (2020 - 2026)
SoFi Technologies (SOFI) recorded quarterly Gross Margin of 84.45% in Q1 2026, little changed quarter-over-quarter from 84.23% in Q4 2025, and up 201.0% on a YoY basis from 28.06% in Q1 2025.
SoFi Technologies (SOFI) Gross Margin (2020 - 2026) Analysis & Trends
SoFi Technologies' Gross Margin history runs 7 years deep, the most recent figure standing at 84.45% for Q1 2026.
- In Q1 2026, Gross Margin rose 201.0% year-over-year to 84.45%; the TTM figure through Mar 2026 stood at 80.75% (up 2286.0% YoY), while the FY2025 annual figure was 83.15%, up 14142.0% from the prior year.
- Gross Margin was 84.45% for Q1 2026 at SoFi Technologies, roughly flat from 84.23% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 116.09% in Q4 2023 to a low of 69.19% in Q4 2024.
- Historically, Gross Margin has averaged 43.06% across 5 years, with a median of 78.68% in 2022.
- The sharpest annual moves came in 2024 and 2025: Gross Margin tumbled 18528 bps in 2024, then soared 15342 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 110.1% in 2022, then increased by 5 bps to 116.09% in 2023, then sank by 160 bps to 69.19% in 2024, then jumped by 222 bps to 84.23% in 2025, then climbed by 0 bps to 84.45% in 2026.
- The last three Gross Margin figures came in at 84.45% (Q1 2026), 84.23% (Q4 2025), and 83.21% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 548.22 Bn | 535.81 Bn | - | - |
| 2 | Mastercard | 437.48 Bn | 427.27 Bn | - | - |
| 3 | American Express | 231.87 Bn | 177.83 Bn | 17.43 Bn | 92.17% |
| 4 | Capital One Financial | 125.74 Bn | 49.24 Bn | - | - |
| 5 | PayPal Holdings | 38.80 Bn | 29.46 Bn | 7.84 Bn | 93.80% |
| 6 | Synchrony Financial | 25.78 Bn | 5.22 Bn | - | - |
| 7 | Affirm Holdings | 24.65 Bn | 22.93 Bn | 261.64 Mn | 78.22% |
| 8 | SoFi Technologies | 22.89 Bn | 19.49 Bn | 929.25 Mn | 84.45% |
| 9 | Ally Financial | 14.15 Bn | 13.70 Bn | 1.98 Bn | 94.24% |
| 10 | Credit Acceptance | 6.63 Bn | 6.61 Bn | 562.70 Mn | 97.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 84.45% |
| Dec 31, 2025 | 84.23% |
| Sep 30, 2025 | 83.21% |
| Jun 30, 2025 | 69.03% |
| Mar 31, 2025 | 82.44% |
| Dec 31, 2024 | -69.19% |
| Sep 30, 2024 | -63.77% |
| Jun 30, 2024 | 81.67% |
| Mar 31, 2024 | 13.45% |
| Dec 31, 2023 | 116.09% |
| Sep 30, 2023 | 6.37% |
| Jun 30, 2023 | 97.48% |
| Mar 31, 2023 | 62.90% |
| Dec 31, 2022 | 110.10% |
| Sep 30, 2022 | -58.94% |
| Jun 30, 2022 | -46.16% |
| Mar 31, 2022 | 78.68% |
| Dec 31, 2021 | 104.97% |
| Sep 30, 2021 | -13.73% |
| Jun 30, 2021 | 58.94% |