SoFi Technologies SOFI
NASDAQ SOFI
$16.96 +0.23 (+1.37%)
At close: Sep 18, 2026 · 4:00 PM EDT

SoFi Technologies (SOFI) Non Operating Interest Expenses (2020 - 2024)

SoFi Technologies (SOFI) posted Non Operating Interest Expenses of $263.2 million for Q1 2024, up 2.97% on a QoQ basis from $255.6 million in Q4 2023, and up 94.16% year-over-year from $135.6 million in Q2 2023.

Analysis

SoFi Technologies (SOFI) Non Operating Interest Expenses (2020 - 2024) Analysis & Trends

SoFi Technologies has reported Non Operating Interest Expenses for 5 years, with the latest figure at $263.2 million in Q1 2024.

  • On a quarterly basis, Non Operating Interest Expenses rose 94.16% year-over-year to $263.2 million in Q1 2024; TTM through Mar 2024 was $917.0 million, a 204.29% increase from a year earlier, with the FY2023 full-year figure at $789.3 million, up 317.03% from the prior year.
  • Non Operating Interest Expenses was $263.2 million for Q1 2024 at SoFi Technologies, up from $255.6 million in the prior quarter.
  • The five-year high for Non Operating Interest Expenses was $263.2 million in Q1 2024, with the low at $18.2 million in Q4 2021.
  • Average Non Operating Interest Expenses over 5 years is $92.5 million, with a median of $41.8 million recorded in 2020.
  • The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses plunged 65.81% in 2021, then surged 567.85% in 2023.
  • Over 5 years, Non Operating Interest Expenses stood at $53.2 million in 2020, then slumped by 65.81% to $18.2 million in 2021, then soared by 442.81% to $98.8 million in 2022, then jumped by 158.64% to $255.6 million in 2023, then increased by 2.97% to $263.2 million in 2024.
  • The last three Non Operating Interest Expenses figures came in at $263.2 million (Q1 2024), $255.6 million (Q4 2023), and $219.3 million (Q3 2023), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Operating Interest Expenses (Qtr)
1 Bank Of America 405.01 Bn -183.49 Bn 30.39 Bn -
2 Morgan Stanley 318.33 Bn 158.20 Bn - -
3 Royal Bank Of Canada 284.62 Bn 57.78 Bn - 12.80 Bn
4 Goldman Sachs 274.43 Bn -701.92 Bn - -
5 Mitsubishi Ufj Financial 274.26 Bn -110.06 Bn 10.89 Bn 1.49 Bn
6 Wells Fargo & Company 260.84 Bn 59.01 Bn - -
7 American Express 210.32 Bn 161.00 Bn 17.99 Bn -
8 Banco Santander 210.20 Bn 217.82 Bn 28.01 Bn -34.43 Bn
9 Toronto Dominion Bank 206.68 Bn 45.35 Bn - 3.04 Bn
10 SoFi Technologies 21.88 Bn 18.76 Bn 1.02 Bn -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2024 263.19 Mn
Dec 31, 2023 255.60 Mn
Sep 30, 2023 219.31 Mn
Jun 30, 2023 178.87 Mn
Mar 31, 2023 135.55 Mn
Dec 31, 2022 98.82 Mn
Sep 30, 2022 40.19 Mn
Jun 30, 2022 26.78 Mn
Mar 31, 2022 23.48 Mn
Dec 31, 2021 18.21 Mn
Sep 30, 2021 21.23 Mn
Jun 30, 2021 28.10 Mn
Mar 31, 2021 35.25 Mn
Dec 31, 2020 53.25 Mn
Sep 30, 2020 38.91 Mn
Jun 30, 2020 43.32 Mn