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% on a QoQ basis from $11.2 million in Q4 2025.
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 came in at $10.7 million for Q1 2026 at SoFi Technologies, down from $11.2 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 $9.4 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.
- Year by year, Interest Expense - Debt stood at $7.1 million in 2022, then jumped by 39.79% to $9.9 million in 2023, then increased by 21.83% to $12.0 million in 2024, then decreased by 7.0% to $11.2 million in 2025, then fell by 4.87% to $10.7 million in 2026.
- According to Business Quant data, Interest Expense - Debt over the past three periods registered $10.7 million, $11.2 million, and $11.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | - |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | - |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 686.00 Mn |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | - |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | - |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 10.65 Mn |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | 19.00 Mn |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | - |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | - |
| 10 | Sezzle | 5.91 Bn | 5.79 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 1.38 Mn |