SoFi Technologies (SOFI) Loans - Loss Allowance (2020 - 2025)

SoFi Technologies has reported Loans - Loss Allowance for 6 years, with the latest figure at $45.5 million in Q2 2025.

• For the quarter ending Q2 2025, Loans - Loss Allowance fell 7.88% year-over-year to $45.5 million; the trailing twelve-month figure through Jun 2025 stood at $45.5 million (down 7.88% YoY), and the FY2024 full-year result was $44.4 million, down 15.34% from the prior year.
• Loans - Loss Allowance for Q2 2025 stood at $45.5 million, up from $42.2 million in the prior quarter.
• The five-year high for Loans - Loss Allowance was $52.4 million in Q4 2023, with the low at $171000.0 in Q1 2021.
• Average Loans - Loss Allowance over 5 years is $26.6 million, with a median of $30.7 million recorded in 2022.
• Year-over-year, Loans - Loss Allowance soared 9549.12% in 2022 and slumped 88.8% in 2023.
• Tracing SOFI's Loans - Loss Allowance over 5 years: stood at $7.0 million in 2021, then slumped by 76.15% to $1.7 million in 2022, then soared by 3021.87% to $52.4 million in 2023, then decreased by 15.34% to $44.4 million in 2024, then gained by 2.63% to $45.5 million in 2025.
• The last three Loans - Loss Allowance figures came in at $45.5 million (Q2 2025), $42.2 million (Q1 2025), and $44.4 million (Q4 2024), per Business Quant data.