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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |