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SoFi Technologies (SOFI) Operating Expenses: 2019-2024

Historic Operating Expenses for SoFi Technologies (SOFI) over the last 6 years, with Dec 2024 value amounting to $2.4 billion.

  • SoFi Technologies' Operating Expenses rose 28.15% to $803.9 million in Q3 2025 from the same period last year, while for Sep 2025 it was $2.9 billion, marking a year-over-year increase of 28.35%. This contributed to the annual value of $2.4 billion for FY2024, which is 1.72% up from last year.
  • Latest data reveals that SoFi Technologies reported Operating Expenses of $2.4 billion as of FY2024, which was up 1.72% from $2.4 billion recorded in FY2023.
  • In the past 5 years, SoFi Technologies' Operating Expenses ranged from a high of $2.4 billion in FY2024 and a low of $894.1 million during FY2020.
  • Its 3-year average for Operating Expenses is $2.2 billion, with a median of $2.4 billion in 2023.
  • Data for SoFi Technologies' Operating Expenses shows a peak YoY spiked of 63.98% (in 2021) over the last 5 years.
  • Over the past 5 years, SoFi Technologies' Operating Expenses (Yearly) stood at $894.1 million in 2020, then soared by 63.98% to $1.5 billion in 2021, then grew by 25.37% to $1.8 billion in 2022, then climbed by 28.90% to $2.4 billion in 2023, then rose by 1.72% to $2.4 billion in 2024.