SoFi Technologies (SOFI) Interest Expenses (2020 - 2026)
SoFi Technologies (SOFI) posted Interest Expenses of $352.3 million for Q2 2026, up 14.39% on a QoQ basis from $308.0 million in Q1 2026, and up 28.32% year-over-year from $274.6 million in Q2 2025.
Analysis
SoFi Technologies (SOFI) Interest Expenses (2020 - 2026) Analysis & Trends
SoFi Technologies has reported Interest Expenses for 7 years, with the latest figure at $352.3 million in Q2 2026.
- On a quarterly basis, Interest Expenses rose 28.32% year-over-year to $352.3 million in Q2 2026; TTM through Jun 2026 was $1.3 billion, a 15.48% increase from a year earlier, with the FY2025 full-year figure at $1.2 billion, up 5.95% from the prior year.
- Interest Expenses was $352.3 million for Q2 2026 at SoFi Technologies, up from $308.0 million in the prior quarter.
- The five-year high for Interest Expenses was $352.3 million in Q2 2026, with the low at $23.5 million in Q1 2022.
- Average Interest Expenses over 5 years is $215.9 million, with a median of $262.6 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Interest Expenses plunged 33.39% in 2022, then surged 567.85% in 2023.
- Over 5 years, Interest Expenses stood at $98.8 million in 2022, then jumped by 158.64% to $255.6 million in 2023, then climbed by 7.11% to $273.8 million in 2024, then increased by 13.29% to $310.1 million in 2025, then gained by 13.6% to $352.3 million in 2026.
- The last three Interest Expenses figures came in at $352.3 million (Q2 2026), $308.0 million (Q1 2026), and $310.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 405.01 Bn | -183.49 Bn | 30.39 Bn | 17.84 Bn |
| 2 | Morgan Stanley | 318.33 Bn | 158.20 Bn | - | 13.12 Bn |
| 3 | Royal Bank Of Canada | 284.62 Bn | 57.78 Bn | - | 12.80 Bn |
| 4 | Goldman Sachs | 274.43 Bn | -701.92 Bn | - | 18.09 Bn |
| 5 | Mitsubishi Ufj Financial | 274.26 Bn | -110.06 Bn | 10.89 Bn | 1.49 Bn |
| 6 | Wells Fargo & Company | 260.84 Bn | 59.01 Bn | - | 10.97 Bn |
| 7 | American Express | 210.32 Bn | 161.00 Bn | 17.99 Bn | 1.96 Bn |
| 8 | Banco Santander | 210.20 Bn | 217.82 Bn | 28.01 Bn | -34.43 Bn |
| 9 | Toronto Dominion Bank | 206.68 Bn | 45.35 Bn | - | 3.04 Bn |
| 10 | SoFi Technologies | 21.88 Bn | 18.76 Bn | 1.02 Bn | 352.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 352.33 Mn |
| Mar 31, 2026 | 308.01 Mn |
| Dec 31, 2025 | 310.14 Mn |
| Sep 30, 2025 | 306.45 Mn |
| Jun 30, 2025 | 274.57 Mn |
| Mar 31, 2025 | 265.09 Mn |
| Dec 31, 2024 | 273.77 Mn |
| Sep 30, 2024 | 292.36 Mn |
| Jun 30, 2024 | 262.01 Mn |
| Mar 31, 2024 | 263.19 Mn |
| Dec 31, 2023 | 255.60 Mn |
| Sep 30, 2023 | 219.31 Mn |
| Jun 30, 2023 | 178.87 Mn |
| Mar 31, 2023 | 135.55 Mn |
| Dec 31, 2022 | 98.82 Mn |
| Sep 30, 2022 | 40.19 Mn |
| Jun 30, 2022 | 26.78 Mn |
| Mar 31, 2022 | 23.48 Mn |
| Dec 31, 2021 | 18.21 Mn |
| Sep 30, 2021 | 21.23 Mn |