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

SoFi Technologies (SOFI) has reported Loans - Loss Allowance for 6 consecutive years, with $45.5 million the latest figure, recorded in 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 came in at $45.5 million for Q2 2025 at SoFi Technologies, 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.
• Across the five-year window, Loans - Loss Allowance jumped 9549.12% in 2022 and tumbled 88.8% in 2023, its largest moves.
• Year by year, Loans - Loss Allowance stood at $7.0 million in 2021, then plunged by 76.15% to $1.7 million in 2022, then surged by 3021.87% to $52.4 million in 2023, then dropped by 15.34% to $44.4 million in 2024, then climbed by 2.63% to $45.5 million in 2025.
• According to Business Quant data, Loans - Loss Allowance over the past three periods registered $45.5 million, $42.2 million, and $44.4 million for Q2 2025, Q1 2025, and Q4 2024 respectively.