SoFi Technologies (SOFI) Provisions (2021 - 2026)

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

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

SoFi Technologies (SOFI) has reported Provisions for 6 consecutive years, with $8.9 million the latest figure, recorded in 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 came in at $8.9 million for Q1 2026 at SoFi Technologies, up from -$24.9 million in the prior quarter.
  • The five-year high for Provisions was $21.8 million in Q3 2023, with the low at -$24.9 million in Q4 2025.
  • Average Provisions over 5 years is $8.8 million, with a median of $10.0 million recorded in 2025.
  • Across the five-year window, Provisions soared 1978.81% in 2022 and tumbled 462.25% in 2025, its largest moves.
  • Year by year, Provisions stood at $14.9 million in 2022, then slipped by 19.09% to $12.1 million in 2023, then plunged by 43.13% to $6.9 million in 2024, then sank by 462.25% to -$24.9 million in 2025, then surged by 135.71% to $8.9 million in 2026.
  • According to Business Quant data, Provisions over the past three periods registered $8.9 million, -$24.9 million, and $9.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Provisions (Qtr)
1 Visa 587.74 Bn 575.34 Bn - -
2 Mastercard 465.55 Bn 455.34 Bn - -
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 1.25 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn -
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 196.54 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 8.90 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 467.00 Mn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn -
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -
10 Sezzle 5.91 Bn 5.79 Bn - -

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