SoFi Technologies (SOFI) Interest Expense - Debt (2020 - 2026)
SoFi Technologies (SOFI) posted quarterly Interest Expense - Debt of $10.7 million for Q1 2026, down 6.8% year-over-year from $11.4 million in Q1 2025, and down 4.87% quarter-over-quarter from $11.2 million in Q4 2025.
Analysis
SoFi Technologies (SOFI) Interest Expense - Debt (2020 - 2026) Analysis & Trends
SoFi Technologies (SOFI) has reported Interest Expense - Debt for 7 consecutive years, with $10.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expense - Debt fell 6.8% year-over-year to $10.7 million; the TTM figure through Mar 2026 stood at $44.9 million (down 8.39% YoY), while the FY2025 annual figure was $45.7 million, down 5.43% from the prior year.
- Interest Expense - Debt eased to $10.7 million in Q1 2026 per SOFI's latest filing, from $11.2 million in the prior quarter.
- Across five years, Interest Expense - Debt topped out at $12.9 million in Q3 2024 and bottomed at $2.6 million in Q1 2022.
- Historically, Interest Expense - Debt has averaged $9.4 million across 5 years, with a median of $10.7 million in 2026.
- On a YoY basis, Interest Expense - Debt climbed as much as 285.8% in 2022 and fell as far as 47.1% in 2022.
- SoFi Technologies' Interest Expense - Debt stood at $7.1 million in 2022, then soared by 39.79% to $9.9 million in 2023, then gained by 21.83% to $12.0 million in 2024, then dropped by 7.0% to $11.2 million in 2025, then decreased by 4.87% to $10.7 million in 2026.
- Business Quant data shows SOFI's Interest Expense - Debt at $10.7 million in Q1 2026, $11.2 million in Q4 2025, and $11.6 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | - |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | - |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 682.00 Mn |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | - |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | - |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | - |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | 111.00 Mn |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 10.68 Mn |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | 266.00 Mn |
| 10 | FirstCash Holdings | 9.51 Bn | 9.34 Bn | 533.67 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.68 Mn |
| Mar 31, 2026 | 10.65 Mn |
| Dec 31, 2025 | 11.20 Mn |
| Sep 30, 2025 | 11.60 Mn |
| Jun 30, 2025 | 11.50 Mn |
| Mar 31, 2025 | 11.43 Mn |
| Dec 31, 2024 | 12.04 Mn |
| Sep 30, 2024 | 12.87 Mn |
| Jun 30, 2024 | 12.73 Mn |
| Mar 31, 2024 | 10.71 Mn |
| Dec 31, 2023 | 9.88 Mn |
| Sep 30, 2023 | 9.78 Mn |
| Jun 30, 2023 | 9.17 Mn |
| Mar 31, 2023 | 8.00 Mn |
| Dec 31, 2022 | 7.07 Mn |
| Sep 30, 2022 | 5.27 Mn |
| Jun 30, 2022 | 3.45 Mn |
| Mar 31, 2022 | 2.65 Mn |
| Dec 31, 2021 | 2.59 Mn |
| Sep 30, 2021 | 1.37 Mn |