SoFi Technologies (SOFI) Interest income - Investments (2020 - 2023)
SoFi Technologies (SOFI) recorded quarterly Interest income - Investments of $2.0 million in Q3 2023, down 25.54% quarter-over-quarter from $2.7 million in Q2 2023, and down 24.8% on a YoY basis from $2.6 million in Q3 2022.
SoFi Technologies (SOFI) Interest income - Investments (2020 - 2023) Analysis & Trends
SoFi Technologies' Interest income - Investments history runs 4 years deep, the most recent figure standing at $2.0 million for 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 was $2.0 million for Q3 2023 at SoFi Technologies, down from $2.7 million in the prior quarter.
- In the past five years, Interest income - Investments ranged from a high of $6.5 million in Q2 2020 to a low of $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.
- The sharpest annual moves came in 2021 and 2023: Interest income - Investments plunged 44.5% in 2021, then rose 10.73% in 2023.
- A 4-year view of Interest income - Investments shows it stood at $5.1 million in 2020, then slumped by 44.5% to $2.8 million in 2021, then fell by 13.13% to $2.5 million in 2022, then dropped by 20.0% to $2.0 million in 2023.
- The last three Interest income - Investments figures came in at $2.0 million (Q3 2023), $2.7 million (Q2 2023), and $3.1 million (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn |
| 10 | Credit Acceptance | 6.24 Bn | 6.21 Bn | 562.70 Mn |
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 |