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% on a QoQ basis 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 came in at $2.0 million for Q3 2023 at SoFi Technologies, down from $2.7 million in the prior quarter.
- The five-year high for Interest income - Investments was $6.5 million in Q2 2020, with the low at $2.0 million in Q3 2023.
- Average Interest income - Investments over 4 years is $3.5 million, with a median of $2.9 million recorded in 2021.
- Across the five-year window, Interest income - Investments sank 44.5% in 2021 and climbed 10.73% in 2023, its largest moves.
- Year by year, Interest income - Investments stood at $5.1 million in 2020, then tumbled by 44.5% to $2.8 million in 2021, then slipped by 13.13% to $2.5 million in 2022, then retreated by 20.0% to $2.0 million in 2023.
- According to Business Quant data, Interest income - Investments over the past three periods registered $2.0 million, $2.7 million, and $3.1 million for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn |
| 10 | Sezzle | 5.91 Bn | 5.79 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |