SoFi Technologies (SOFI) Interest Expense - Deposits (2022 - 2026)
SoFi Technologies' Interest Expense - Deposits was $320.46 million in Q2 2026, up 37.4% from $233.23 million a year earlier and up 11.6% from the prior quarter.
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Analysis
SoFi Technologies (SOFI) Interest Expense - Deposits (2022 - 2026) Analysis & Trends
On a trailing twelve-month basis, SoFi Technologies' Interest Expense - Deposits was $1.16 billion through Jun 30, 2026, up 23.0% year-over-year; for FY2025, it was $1.01 billion, up 9.0% from FY2024.
- Interest Expense - Deposits has now increased for three consecutive years, with a three-year compound annual growth rate of 156.9% (FY2022 to FY2025).
- In earlier years, Interest Expense - Deposits was $930.15 million in FY2024 (+83.2%), $507.82 million in FY2023 (+749.3%) and $59.79 million in FY2022.
- The Q2 2026 figure marks the highest quarterly Interest Expense - Deposits in data going back to Q1 2022.
- Compared with a year earlier, Interest Expense - Deposits has increased for 12 straight quarters, with growth averaging 25.2% over the last eight quarters.
- Across the past five years, year-over-year growth in Interest Expense - Deposits ran from 0.6% in Q2 2025 to 928.8% in Q3 2023.
- Per Business Quant data, SOFI's Interest Expense - Deposits in the three quarters before Q2 2026 was $287.23 million (Q1 2026), $290.51 million (Q4 2025) and $264.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 885.23 Bn | 914.70 Bn | - | 10.76 Bn |
| 2 | Banco Santander Chile | 404.41 Bn | 524.35 Bn | - | - |
| 3 | Bank Of America | 381.15 Bn | -1,994.92 Bn | - | 7.37 Bn |
| 4 | Hsbc Holdings | 319.39 Bn | 319.44 Bn | - | - |
| 5 | Morgan Stanley | 298.67 Bn | -210.43 Bn | - | 2.70 Bn |
| 6 | Royal Bank Of Canada | 268.75 Bn | -557.52 Bn | - | 7.85 Bn |
| 7 | Mitsubishi Ufj Financial | 265.72 Bn | -107.91 Bn | 10.89 Bn | 3.48 Bn |
| 8 | Goldman Sachs | 261.04 Bn | -3,296.07 Bn | - | 5.10 Bn |
| 9 | Wells Fargo & Company | 253.09 Bn | 255.22 Bn | - | 5.52 Bn |
| 10 | SoFi Technologies | 20.39 Bn | 5.68 Bn | 1.02 Bn | 320.46 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 |
API Access
SoFi Technologies Interest Expense - Deposits API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=SOFI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "ticker": "SOFI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=SOFI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();