SoFi Technologies (SOFI) Interest Expense - Deposits (2022 - 2026)
SoFi Technologies (SOFI) posted Interest Expense - Deposits of $320.5 million for Q2 2026, up 11.57% on a QoQ basis from $287.2 million in Q1 2026, and up 37.4% year-over-year from $233.2 million in Q2 2025.
Analysis
SoFi Technologies (SOFI) Interest Expense - Deposits (2022 - 2026) Analysis & Trends
SoFi Technologies has reported Interest Expense - Deposits for 5 years, with the latest figure at $320.5 million in Q2 2026.
- On a quarterly basis, Interest Expense - Deposits rose 37.4% year-over-year to $320.5 million in Q2 2026; TTM through Jun 2026 was $1.2 billion, a 23.01% increase from a year earlier, with the FY2025 full-year figure at $1.0 billion, up 9.02% from the prior year.
- Interest Expense - Deposits was $320.5 million for Q2 2026 at SoFi Technologies, up from $287.2 million in the prior quarter.
- The five-year high for Interest Expense - Deposits was $320.5 million in Q2 2026, with the low at $431000.0 in Q1 2022.
- Average Interest Expense - Deposits over 5 years is $173.3 million, with a median of $218.4 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2025: Interest Expense - Deposits surged 16864.27% in 2023, then increased 0.61% in 2025.
- Over 5 years, Interest Expense - Deposits stood at $40.7 million in 2022, then surged by 349.01% to $182.6 million in 2023, then surged by 30.66% to $238.6 million in 2024, then grew by 21.76% to $290.5 million in 2025, then gained by 10.31% to $320.5 million in 2026.
- The last three Interest Expense - Deposits figures came in at $320.5 million (Q2 2026), $287.2 million (Q1 2026), and $290.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 405.01 Bn | -183.49 Bn | 30.39 Bn | 7.37 Bn |
| 2 | Morgan Stanley | 318.33 Bn | 158.20 Bn | - | 2.70 Bn |
| 3 | Royal Bank Of Canada | 284.62 Bn | 57.78 Bn | - | 7.85 Bn |
| 4 | Goldman Sachs | 274.43 Bn | -701.92 Bn | - | 5.10 Bn |
| 5 | Mitsubishi Ufj Financial | 274.26 Bn | -110.06 Bn | 10.89 Bn | 3.48 Bn |
| 6 | Wells Fargo & Company | 260.84 Bn | 59.01 Bn | - | 5.52 Bn |
| 7 | American Express | 210.32 Bn | 161.00 Bn | 17.99 Bn | 1.28 Bn |
| 8 | Banco Santander | 210.20 Bn | 217.82 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 206.68 Bn | 45.35 Bn | - | 6.09 Bn |
| 10 | SoFi Technologies | 21.88 Bn | 18.76 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 |