SoFi Technologies (SOFI) Operating Expenses (2020 - 2026)

SoFi Technologies (SOFI) has reported Operating Expenses for 7 consecutive years, with $891.9 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Expenses rose 29.96% year-over-year to $891.9 million; the TTM figure through Mar 2026 stood at $3.3 billion (up 27.83% YoY), while the FY2025 annual figure was $3.1 billion, up 26.86% from the prior year.
• Operating Expenses came in at $891.9 million for Q1 2026 at SoFi Technologies, up from $834.3 million in the prior quarter.
• The five-year high for Operating Expenses was $891.9 million in Q1 2026, with the low at $439.9 million in Q1 2022.
• Average Operating Expenses over 5 years is $621.5 million, with a median of $571.6 million recorded in 2024.
• Across the five-year window, Operating Expenses surged 65.12% in 2022 and dropped 22.0% in 2024, its largest moves.
• Year by year, Operating Expenses stood at $441.3 million in 2022, then increased by 15.41% to $509.3 million in 2023, then soared by 31.03% to $667.3 million in 2024, then grew by 25.02% to $834.3 million in 2025, then rose by 6.9% to $891.9 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $891.9 million, $834.3 million, and $803.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.