SoFi Technologies (SOFI) Loans - Loss Allowance (2020 - 2026)

SoFi Technologies has reported Loans - Loss Allowance for 7 years, with the latest figure at $2.7 million in Q1 2026.

• On a quarterly basis, Loans - Loss Allowance fell 3.84% year-over-year to $2.7 million in Q1 2026; TTM through Mar 2026 was $2.7 million, a 3.84% decrease from a year earlier, with the FY2024 full-year figure at $2.4 million, up 33.04% from the prior year.
• Loans - Loss Allowance was $2.7 million for Q1 2026 at SoFi Technologies, down from $3.2 million in the prior quarter.
• The five-year high for Loans - Loss Allowance was $3.2 million in Q2 2025, with the low at $1.5 million in Q2 2024.
• Average Loans - Loss Allowance over 5 years is $2.3 million, with a median of $2.3 million recorded in 2024.
• The sharpest annual moves came in 2022 and 2023: Loans - Loss Allowance surged 121.14% in 2022, then sank 34.04% in 2023.
• Over 5 years, Loans - Loss Allowance stood at $2.8 million in 2022, then tumbled by 34.04% to $1.8 million in 2023, then soared by 33.04% to $2.4 million in 2024, then soared by 30.03% to $3.2 million in 2025, then fell by 15.61% to $2.7 million in 2026.
• The last three Loans - Loss Allowance figures came in at $2.7 million (Q1 2026), $3.2 million (Q2 2025), and $2.8 million (Q1 2025), per Business Quant data.