SoFi Technologies (SOFI) Gross Margin (2020 - 2026)
SoFi Technologies' quarterly Gross Margin came in at 84.45% in Q1 2026, up 201.0% year-on-year from 28.06% in Q1 2025, and little changed quarter-over-quarter from 84.23% in Q4 2025.
SoFi Technologies (SOFI) Gross Margin (2020 - 2026) Analysis & Trends
SoFi Technologies has reported Gross Margin for 7 years, with the latest figure at 84.45% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 201.0% year-over-year to 84.45%; the trailing twelve-month figure through Mar 2026 stood at 80.75% (up 2286.0% YoY), and the FY2025 full-year result was 83.15%, up 14142.0% from the prior year.
- Gross Margin for Q1 2026 stood at 84.45%, roughly flat from 84.23% in the prior quarter.
- The five-year high for Gross Margin was 116.09% in Q4 2023, with the low at 69.19% in Q4 2024.
- Average Gross Margin over 5 years is 43.06%, with a median of 78.68% recorded in 2022.
- Year-over-year, Gross Margin tumbled 18528 bps in 2024 and surged 15342 bps in 2025.
- Tracing SOFI's Gross Margin over 5 years: stood at 110.1% in 2022, then rose by 5 bps to 116.09% in 2023, then plunged by 160 bps to 69.19% in 2024, then surged by 222 bps to 84.23% in 2025, then grew 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 | 539.53 Bn | 527.13 Bn | - | - |
| 2 | Mastercard | 441.81 Bn | 431.60 Bn | - | - |
| 3 | American Express | 215.01 Bn | 160.96 Bn | 17.43 Bn | 92.17% |
| 4 | Capital One Financial | 114.99 Bn | 38.50 Bn | - | - |
| 5 | PayPal Holdings | 41.29 Bn | 31.95 Bn | 7.84 Bn | 93.80% |
| 6 | Affirm Holdings | 24.62 Bn | 22.89 Bn | 261.64 Mn | 78.22% |
| 7 | Synchrony Financial | 24.22 Bn | 3.66 Bn | - | - |
| 8 | SoFi Technologies | 23.71 Bn | 20.31 Bn | 929.25 Mn | 84.45% |
| 9 | Ally Financial | 13.13 Bn | 12.69 Bn | 1.98 Bn | 94.24% |
| 10 | Credit Acceptance | 6.46 Bn | 6.44 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% |