SoFi Technologies (SOFI) Interest Expense - Deposits (2022 - 2026)
SoFi Technologies (SOFI) posted quarterly Interest Expense - Deposits of $287.2 million for Q1 2026, up 27.43% year-over-year from $225.4 million in Q1 2025, and down 1.13% quarter-over-quarter from $290.5 million in Q4 2025.
Analysis
SoFi Technologies (SOFI) Interest Expense - Deposits (2022 - 2026) Analysis & Trends
SoFi Technologies (SOFI) has reported Interest Expense - Deposits for 5 consecutive years, with $287.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expense - Deposits rose 27.43% year-over-year to $287.2 million; the TTM figure through Mar 2026 stood at $1.1 billion (up 13.96% YoY), while the FY2025 annual figure was $1.0 billion, up 9.02% from the prior year.
- Interest Expense - Deposits fell to $287.2 million in Q1 2026 per SOFI's latest filing, from $290.5 million in the prior quarter.
- Across five years, Interest Expense - Deposits topped out at $290.5 million in Q4 2025 and bottomed at $431000.0 in Q1 2022.
- Historically, Interest Expense - Deposits has averaged $164.6 million across 5 years, with a median of $211.5 million in 2024.
- Annual changes were most pronounced in 2023 — Interest Expense - Deposits soared 16864.27% — and 2025, when it climbed 0.61%.
- SoFi Technologies' Interest Expense - Deposits stood at $40.7 million in 2022, then soared by 349.01% to $182.6 million in 2023, then soared by 30.66% to $238.6 million in 2024, then advanced by 21.76% to $290.5 million in 2025, then fell by 1.13% to $287.2 million in 2026.
- Business Quant data shows SOFI's Interest Expense - Deposits at $287.2 million in Q1 2026, $290.5 million in Q4 2025, and $264.9 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (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 | 1.28 Bn |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 3.34 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 | - | 767.00 Mn |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 320.46 Mn |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | 1.20 Bn |
| 10 | FirstCash Holdings | 9.51 Bn | 9.34 Bn | 533.67 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 320.46 Mn |
| Mar 31, 2026 | 287.23 Mn |
| Dec 31, 2025 | 290.51 Mn |
| Sep 30, 2025 | 264.90 Mn |
| Jun 30, 2025 | 233.23 Mn |
| Mar 31, 2025 | 225.40 Mn |
| Dec 31, 2024 | 238.60 Mn |
| Sep 30, 2024 | 248.29 Mn |
| Jun 30, 2024 | 231.82 Mn |
| Mar 31, 2024 | 211.45 Mn |
| Dec 31, 2023 | 182.61 Mn |
| Sep 30, 2023 | 145.56 Mn |
| Jun 30, 2023 | 106.53 Mn |
| Mar 31, 2023 | 73.12 Mn |
| Dec 31, 2022 | 40.67 Mn |
| Sep 30, 2022 | 14.15 Mn |
| Jun 30, 2022 | 4.54 Mn |
| Mar 31, 2022 | 431,000.00 |