SoFi Technologies SOFI
NASDAQ SOFI
$18.06 -1.12 (-5.84%)
At close: Aug 28, 2026 · 4:00 PM EDT

SoFi Technologies (SOFI) Payables (2020 - 2026)

SoFi Technologies (SOFI) posted quarterly Payables of $40.2 billion for Q1 2026, up 47.64% year-over-year from $27.3 billion in Q1 2025, and up 7.3% quarter-over-quarter from $37.5 billion in Q4 2025.

Analysis

SoFi Technologies (SOFI) Payables (2020 - 2026) Analysis & Trends

SoFi Technologies (SOFI) has reported Payables for 7 consecutive years, with $40.2 billion the latest figure, recorded in Q1 2026.

  • In Q1 2026, Payables rose 47.64% year-over-year to $40.2 billion; the TTM figure through Mar 2026 stood at $40.2 billion (up 47.64% YoY), while the FY2025 annual figure was $37.5 billion, up 44.37% from the prior year.
  • Payables grew to $40.2 billion in Q1 2026 per SOFI's latest filing, from $37.5 billion in the prior quarter.
  • Across five years, Payables topped out at $40.2 billion in Q1 2026 and bottomed at $542.3 million in Q2 2022.
  • Historically, Payables has averaged $13.7 billion across 5 years, with a median of $10.1 billion in 2023.
  • Annual changes were most pronounced in 2022 — Payables surged 81590.6% — and 2025, when it tumbled 97.06%.
  • SoFi Technologies' Payables stood at $7.3 billion in 2022, then tumbled by 92.51% to $549.7 million in 2023, then jumped by 4625.47% to $26.0 billion in 2024, then surged by 44.37% to $37.5 billion in 2025, then increased by 7.3% to $40.2 billion in 2026.
  • Business Quant data shows SOFI's Payables at $40.2 billion in Q1 2026, $37.5 billion in Q4 2025, and $759.6 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Visa 680.39 Bn 668.03 Bn - 553.00 Mn
2 Mastercard 518.33 Bn 504.84 Bn - 1.13 Bn
3 American Express 224.91 Bn 175.59 Bn 17.99 Bn 159.01 Bn
4 Capital One Financial 132.31 Bn 77.60 Bn - 484.26 Bn
5 PayPal Holdings 46.25 Bn 35.00 Bn - 208.00 Mn
6 Affirm Holdings 26.22 Bn 24.59 Bn - 84.65 Mn
7 Synchrony Financial 25.37 Bn 9.17 Bn - 82.81 Bn
8 SoFi Technologies 23.30 Bn 20.18 Bn 1.02 Bn 45.54 Bn
9 Ally Financial 12.85 Bn 5.01 Bn 2.08 Bn 159.96 Bn
10 FirstCash Holdings 9.51 Bn 9.34 Bn 533.67 Mn 208.17 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 45.54 Bn
Mar 31, 2026 40.24 Bn
Dec 31, 2025 37.51 Bn
Sep 30, 2025 32.95 Bn
Jun 30, 2025 29.54 Bn
Mar 31, 2025 27.26 Bn
Dec 31, 2024 25.98 Bn
Sep 30, 2024 24.41 Bn
Jun 30, 2024 23.00 Bn
Mar 31, 2024 21.60 Bn
Dec 31, 2023 18.62 Bn
Sep 30, 2023 15.67 Bn
Jun 30, 2023 12.74 Bn
Mar 31, 2023 10.09 Bn
Dec 31, 2022 7.34 Bn
Sep 30, 2022 5.03 Bn
Jun 30, 2022 2.71 Bn
Mar 31, 2022 1.16 Bn
Dec 31, 2021 298.16 Mn
Sep 30, 2021 325.46 Mn