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

SoFi Technologies (SOFI) has reported Loans - Loss Allowance for 6 consecutive years, with $3.2 million the latest figure, recorded in Q2 2025.

• In Q2 2025, Loans - Loss Allowance rose 110.6% year-over-year to $3.2 million; the TTM figure through Jun 2025 stood at $3.2 million (up 110.6% YoY), while the FY2024 annual figure was $2.4 million, up 33.04% from the prior year.
• Loans - Loss Allowance rose to $3.2 million in Q2 2025 per SOFI's latest filing, from $2.8 million in the prior quarter.
• Across five years, Loans - Loss Allowance topped out at $3.2 million in Q2 2025 and bottomed at $919000.0 in Q1 2021.
• Historically, Loans - Loss Allowance has averaged $2.1 million across 5 years, with a median of $2.0 million in 2023.
• Annual changes were most pronounced in 2021 — Loans - Loss Allowance surged 307.83% — and 2023, when it sank 34.04%.
• SoFi Technologies' Loans - Loss Allowance stood at $2.3 million in 2021, then increased by 21.51% to $2.8 million in 2022, then tumbled by 34.04% to $1.8 million in 2023, then jumped by 33.04% to $2.4 million in 2024, then jumped by 30.03% to $3.2 million in 2025.
• Business Quant data shows SOFI's Loans - Loss Allowance at $3.2 million in Q2 2025, $2.8 million in Q1 2025, and $2.4 million in Q4 2024.