SoFi Technologies (SOFI) Interest Expense - Debt (2020 - 2026)
SoFi Technologies (SOFI) posted Interest Expense - Debt of $10.7 million for Q2 2026, little changed on a QoQ basis from $10.7 million in Q1 2026, and down 7.21% year-over-year from $11.5 million in Q2 2025.
Analysis
SoFi Technologies (SOFI) Interest Expense - Debt (2020 - 2026) Analysis & Trends
SoFi Technologies has reported Interest Expense - Debt for 7 years, with the latest figure at $10.7 million in Q2 2026.
- On a quarterly basis, Interest Expense - Debt fell 7.21% year-over-year to $10.7 million in Q2 2026; TTM through Jun 2026 was $44.1 million, a 7.79% decrease from a year earlier, with the FY2025 full-year figure at $45.7 million, down 5.43% from the prior year.
- Interest Expense - Debt was $10.7 million for Q2 2026 at SoFi Technologies, roughly flat from $10.7 million in the prior quarter.
- The five-year high for Interest Expense - Debt was $12.9 million in Q3 2024, with the low at $2.6 million in Q1 2022.
- Average Interest Expense - Debt over 5 years is $9.5 million, with a median of $10.7 million recorded in 2026.
- The largest YoY upside for Interest Expense - Debt was 285.8% in 2022 against a maximum downside of 47.1% in 2022.
- Over 5 years, Interest Expense - Debt stood at $7.1 million in 2022, then surged by 39.79% to $9.9 million in 2023, then climbed by 21.83% to $12.0 million in 2024, then fell by 7.0% to $11.2 million in 2025, then dropped by 4.65% to $10.7 million in 2026.
- The last three Interest Expense - Debt figures came in at $10.7 million (Q2 2026), $10.7 million (Q1 2026), and $11.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 405.01 Bn | -183.49 Bn | 30.39 Bn | 6.61 Bn |
| 2 | Morgan Stanley | 318.33 Bn | 158.20 Bn | - | 3.41 Bn |
| 3 | Royal Bank Of Canada | 284.62 Bn | 57.78 Bn | - | 1.07 Bn |
| 4 | Goldman Sachs | 274.43 Bn | -701.92 Bn | - | 2.62 Bn |
| 5 | Mitsubishi Ufj Financial | 274.26 Bn | -110.06 Bn | 10.89 Bn | - |
| 6 | Wells Fargo & Company | 260.84 Bn | 59.01 Bn | - | 2.39 Bn |
| 7 | American Express | 210.32 Bn | 161.00 Bn | 17.99 Bn | 682.00 Mn |
| 8 | Banco Santander | 210.20 Bn | 217.82 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 206.68 Bn | 45.35 Bn | - | 7.55 Bn |
| 10 | SoFi Technologies | 21.88 Bn | 18.76 Bn | 1.02 Bn | 10.68 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 |