SoFi Technologies (SOFI) Gross Margin (2020 - 2026)
SoFi Technologies (SOFI) reported Gross Margin of 83.58% for Q2 2026, up 1.17 percentage points from 82.40% a year earlier but down 0.87 percentage points from the prior quarter.
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Analysis
SoFi Technologies (SOFI) Gross Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, SoFi Technologies' Gross Margin came in at 83.87%, up 1.46 percentage points year-over-year; for FY2025, it was 83.15%, up 0.40 percentage points from FY2024.
- Gross Margin has increased for five consecutive years, with a five-year change of +14.78 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 82.74% in FY2024 (+0.64 pp), 82.10% in FY2023 (+2.00 pp), 80.09% in FY2022 (+6.19 pp) and 73.91% in FY2021 (+5.54 pp).
- Five-year quarterly Gross Margin spans a low of 74.42% in Q3 2021 and a high of 84.49% in Q1 2024.
- Year over year, Gross Margin has now increased in each of the last five quarters, with an average year-over-year change of +0.56 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q1 2022 (a gain of 8.05 percentage points); the low point was Q1 2025 (a drop of 2.05 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 84.45% (Q1 2026), 84.23% (Q4 2025) and 83.21% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 885.23 Bn | 914.70 Bn | - | - |
| 2 | Banco Santander Chile | 404.41 Bn | 524.35 Bn | - | - |
| 3 | Bank Of America | 381.15 Bn | -1,994.92 Bn | - | - |
| 4 | Hsbc Holdings | 319.39 Bn | 319.44 Bn | - | - |
| 5 | Morgan Stanley | 298.67 Bn | -210.43 Bn | - | - |
| 6 | Royal Bank Of Canada | 268.75 Bn | -557.52 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 265.72 Bn | -107.91 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 261.04 Bn | -3,296.07 Bn | - | - |
| 9 | Wells Fargo & Company | 253.09 Bn | 255.22 Bn | - | - |
| 10 | SoFi Technologies | 20.39 Bn | 5.68 Bn | 1.02 Bn | 83.58% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 83.58% |
| Mar 31, 2026 | 84.45% |
| Dec 31, 2025 | 84.23% |
| Sep 30, 2025 | 83.21% |
| Jun 30, 2025 | 82.40% |
| Mar 31, 2025 | 82.44% |
| Dec 31, 2024 | 82.54% |
| Sep 30, 2024 | 82.25% |
| Jun 30, 2024 | 81.67% |
| Mar 31, 2024 | 84.49% |
| Dec 31, 2023 | 83.11% |
| Sep 30, 2023 | 81.71% |
| Jun 30, 2023 | 81.15% |
| Mar 31, 2023 | 82.23% |
| Dec 31, 2022 | 82.35% |
| Sep 30, 2022 | 80.40% |
| Jun 30, 2022 | 78.18% |
| Mar 31, 2022 | 78.68% |
| Dec 31, 2021 | 75.77% |
| Sep 30, 2021 | 74.42% |
API Access
SoFi Technologies Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SOFI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SOFI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SOFI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();