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
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