SoFi Technologies (SOFI) Interest income - Investments (2020 - 2023)

SoFi Technologies (SOFI) posted quarterly Interest income - Investments of $2.0 million for Q3 2023, down 24.8% year-over-year from $2.6 million in Q3 2022, and down 25.54% quarter-over-quarter from $2.7 million in Q2 2023.

SoFi Technologies (SOFI) Interest income - Investments (2020 - 2023) Analysis & Trends

SoFi Technologies (SOFI) has reported Interest income - Investments for 4 consecutive years, with $2.0 million the latest figure, recorded in Q3 2023.

  • In Q3 2023, Interest income - Investments fell 24.8% year-over-year to $2.0 million; the TTM figure through Sep 2023 stood at $10.2 million (down 5.91% YoY), while the FY2022 annual figure was $10.4 million, down 26.05% from the prior year.
  • Interest income - Investments declined to $2.0 million in Q3 2023 per SOFI's latest filing, from $2.7 million in the prior quarter.
  • Across five years, Interest income - Investments topped out at $6.5 million in Q2 2020 and bottomed at $2.0 million in Q3 2023.
  • Historically, Interest income - Investments has averaged $3.5 million across 4 years, with a median of $2.9 million in 2021.
  • Annual changes were most pronounced in 2021 — Interest income - Investments tumbled 44.5% — and 2023, when it increased 10.73%.
  • SoFi Technologies' Interest income - Investments stood at $5.1 million in 2020, then sank by 44.5% to $2.8 million in 2021, then declined by 13.13% to $2.5 million in 2022, then slipped by 20.0% to $2.0 million in 2023.
  • Business Quant data shows SOFI's Interest income - Investments at $2.0 million in Q3 2023, $2.7 million in Q2 2023, and $3.1 million in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Visa 618.21 Bn 605.85 Bn -
2 Mastercard 506.53 Bn 493.04 Bn -
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn
4 Capital One Financial 136.19 Bn 81.48 Bn -
5 PayPal Holdings 52.34 Bn 41.08 Bn -
6 Eason Technology 35.89 Bn 35.89 Bn -
7 Synchrony Financial 26.09 Bn 9.90 Bn -
8 Affirm Holdings 25.93 Bn 24.20 Bn -
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn
10 Ally Financial 13.61 Bn 5.77 Bn 2.08 Bn

Historic Data

Download Data
DateValue
Sep 30, 2023 1.98 Mn
Jun 30, 2023 2.66 Mn
Mar 31, 2023 3.05 Mn
Dec 31, 2022 2.48 Mn
Sep 30, 2022 2.63 Mn
Jun 30, 2022 2.57 Mn
Mar 31, 2022 2.76 Mn
Dec 31, 2021 2.85 Mn
Sep 30, 2021 3.00 Mn
Jun 30, 2021 3.79 Mn
Mar 31, 2021 4.47 Mn
Dec 31, 2020 5.13 Mn
Sep 30, 2020 5.34 Mn
Jun 30, 2020 6.50 Mn