SoFi Technologies (SOFI) Provisions (2021 - 2026)

SoFi Technologies (SOFI) recorded quarterly Provisions of $8.9 million in Q1 2026, up 135.71% quarter-over-quarter from -$24.9 million in Q4 2025, and up 56.66% on a YoY basis from $5.7 million in Q1 2025.

SoFi Technologies (SOFI) Provisions (2021 - 2026) Analysis & Trends

SoFi Technologies' Provisions history runs 6 years deep, the most recent figure standing at $8.9 million for Q1 2026.

  • In Q1 2026, Provisions rose 56.66% year-over-year to $8.9 million; the TTM figure through Mar 2026 stood at $3.2 million (down 89.35% YoY), while the FY2024 annual figure was $31.7 million, down 42.28% from the prior year.
  • Provisions was $8.9 million for Q1 2026 at SoFi Technologies, up from -$24.9 million in the prior quarter.
  • In the past five years, Provisions ranged from a high of $21.8 million in Q3 2023 to a low of -$24.9 million in Q4 2025.
  • Historically, Provisions has averaged $8.8 million across 5 years, with a median of $10.0 million in 2025.
  • The sharpest annual moves came in 2022 and 2025: Provisions soared 1978.81% in 2022, then slumped 462.25% in 2025.
  • A 5-year view of Provisions shows it stood at $14.9 million in 2022, then fell by 19.09% to $12.1 million in 2023, then tumbled by 43.13% to $6.9 million in 2024, then plunged by 462.25% to -$24.9 million in 2025, then surged by 135.71% to $8.9 million in 2026.
  • The last three Provisions figures came in at $8.9 million (Q1 2026), -$24.9 million (Q4 2025), and $9.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Provisions (Qtr)
1 Visa 548.22 Bn 535.81 Bn - -
2 Mastercard 437.48 Bn 427.27 Bn - -
3 American Express 231.87 Bn 177.83 Bn 17.43 Bn 1.25 Bn
4 Capital One Financial 125.74 Bn 49.24 Bn - 4.07 Bn
5 PayPal Holdings 38.80 Bn 29.46 Bn 7.84 Bn -
6 Synchrony Financial 25.78 Bn 5.22 Bn - 1.34 Bn
7 Affirm Holdings 24.65 Bn 22.93 Bn 261.64 Mn 196.54 Mn
8 SoFi Technologies 22.89 Bn 19.49 Bn 929.25 Mn 8.90 Mn
9 Ally Financial 14.15 Bn 13.70 Bn 1.98 Bn 467.00 Mn
10 Credit Acceptance 6.63 Bn 6.61 Bn 562.70 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 8.90 Mn
Dec 31, 2025 -24.91 Mn
Sep 30, 2025 9.20 Mn
Jun 30, 2025 10.04 Mn
Mar 31, 2025 5.68 Mn
Dec 31, 2024 6.88 Mn
Sep 30, 2024 6.01 Mn
Jun 30, 2024 11.64 Mn
Mar 31, 2024 7.18 Mn
Dec 31, 2023 12.09 Mn
Sep 30, 2023 21.83 Mn
Jun 30, 2023 12.62 Mn
Mar 31, 2023 8.41 Mn
Dec 31, 2022 14.95 Mn
Sep 30, 2022 16.32 Mn
Jun 30, 2022 10.10 Mn
Mar 31, 2022 12.96 Mn
Dec 31, 2021 4.69 Mn
Sep 30, 2021 2.40 Mn
Jun 30, 2021 486,000.00