SoFi Technologies (SOFI) Interest Expenses (2020 - 2026)
SoFi Technologies (SOFI) posted quarterly Interest Expenses of $308.0 million for Q1 2026, up 16.19% year-over-year from $265.1 million in Q1 2025, and down 0.69% quarter-over-quarter from $310.1 million in Q4 2025.
Analysis
SoFi Technologies (SOFI) Interest Expenses (2020 - 2026) Analysis & Trends
SoFi Technologies (SOFI) has reported Interest Expenses for 8 consecutive years, with $308.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expenses rose 16.19% year-over-year to $308.0 million; the TTM figure through Mar 2026 stood at $1.2 billion (down 35.89% YoY), while the FY2025 annual figure was $1.2 billion, up 3.42% from the prior year.
- Interest Expenses slipped to $308.0 million in Q1 2026 per SOFI's latest filing, from $310.1 million in the prior quarter.
- Across five years, Interest Expenses topped out at $1.1 billion in Q4 2024 and bottomed at -$43.9 million in Q4 2022.
- Historically, Interest Expenses has averaged $272.3 million across 5 years, with a median of $263.2 million in 2024.
- Annual changes were most pronounced in 2022 — Interest Expenses slumped 529.08% — and 2023, when it soared 1732.81%.
- SoFi Technologies' Interest Expenses stood at -$43.9 million in 2022, then jumped by 1732.81% to $716.4 million in 2023, then jumped by 46.72% to $1.1 billion in 2024, then slumped by 70.49% to $310.1 million in 2025, then dropped by 0.69% to $308.0 million in 2026.
- Business Quant data shows SOFI's Interest Expenses at $308.0 million in Q1 2026, $310.1 million in Q4 2025, and $306.4 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | 194.00 Mn |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | 218.00 Mn |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 1.96 Bn |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 4.01 Bn |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | - |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | 118.51 Mn |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | 975.00 Mn |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 352.33 Mn |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | 1.51 Bn |
| 10 | FirstCash Holdings | 9.51 Bn | 9.34 Bn | 533.67 Mn | 35.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 352.33 Mn |
| Jun 30, 2026 | 352.33 Mn |
| Mar 31, 2026 | 308.01 Mn |
| Mar 31, 2026 | 308.01 Mn |
| Dec 31, 2025 | 310.14 Mn |
| Dec 31, 2025 | 310.14 Mn |
| Sep 30, 2025 | 306.45 Mn |
| Sep 30, 2025 | 306.45 Mn |
| Jun 30, 2025 | 274.57 Mn |
| Jun 30, 2025 | 274.57 Mn |
| Mar 31, 2025 | 265.09 Mn |
| Mar 31, 2025 | 265.09 Mn |
| Dec 31, 2024 | 273.77 Mn |
| Dec 31, 2024 | 273.77 Mn |
| Sep 30, 2024 | 292.36 Mn |
| Sep 30, 2024 | 292.36 Mn |
| Jun 30, 2024 | 262.01 Mn |
| Jun 30, 2024 | 262.01 Mn |
| Mar 31, 2024 | 263.19 Mn |
| Mar 31, 2024 | 263.19 Mn |