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

SoFi Technologies' Loans - Loss Allowance history runs 6 years deep, the most recent figure standing at $45.5 million for Q2 2025.

• In Q2 2025, Loans - Loss Allowance fell 7.88% year-over-year to $45.5 million; the TTM figure through Jun 2025 stood at $45.5 million (down 7.88% YoY), while the FY2024 annual figure was $44.4 million, down 15.34% from the prior year.
• Loans - Loss Allowance was $45.5 million for Q2 2025 at SoFi Technologies, up from $42.2 million in the prior quarter.
• In the past five years, Loans - Loss Allowance ranged from a high of $52.4 million in Q4 2023 to a low of $171000.0 in Q1 2021.
• Historically, Loans - Loss Allowance has averaged $26.6 million across 5 years, with a median of $30.7 million in 2022.
• The sharpest annual moves came in 2022 and 2023: Loans - Loss Allowance jumped 9549.12% in 2022, then slumped 88.8% in 2023.
• A 5-year view of Loans - Loss Allowance shows it stood at $7.0 million in 2021, then tumbled by 76.15% to $1.7 million in 2022, then surged by 3021.87% to $52.4 million in 2023, then retreated by 15.34% to $44.4 million in 2024, then rose 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.