SoFi Technologies (SOFI) Provisions (2021 - 2026)
SoFi Technologies (SOFI) posted Provisions of $13.8 million for Q2 2026, up 54.64% on a QoQ basis from $8.9 million in Q1 2026, and up 37.07% year-over-year from $10.0 million in Q2 2025.
Analysis
SoFi Technologies (SOFI) Provisions (2021 - 2026) Analysis & Trends
SoFi Technologies has reported Provisions for 6 years, with the latest figure at $13.8 million in Q2 2026.
- On a quarterly basis, Provisions rose 37.07% year-over-year to $13.8 million in Q2 2026; TTM through Jun 2026 was $37.3 million, a 30.25% increase from a year earlier, with the FY2025 full-year figure at $30.3 million, down 4.39% from the prior year.
- Provisions was $13.8 million for Q2 2026 at SoFi Technologies, up from $8.9 million in the prior quarter.
- The five-year high for Provisions was $21.8 million in Q3 2023, with the low at $5.4 million in Q4 2025.
- Average Provisions over 5 years is $10.8 million, with a median of $10.1 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: Provisions jumped 1978.81% in 2022, then sank 72.46% in 2024.
- Over 5 years, Provisions stood at $14.9 million in 2022, then retreated by 19.09% to $12.1 million in 2023, then slumped by 43.13% to $6.9 million in 2024, then slipped by 21.38% to $5.4 million in 2025, then soared by 154.39% to $13.8 million in 2026.
- The last three Provisions figures came in at $13.8 million (Q2 2026), $8.9 million (Q1 2026), and $5.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 405.01 Bn | -183.49 Bn | 30.39 Bn | 1.38 Bn |
| 2 | Morgan Stanley | 318.33 Bn | 158.20 Bn | - | 110.00 Mn |
| 3 | Royal Bank Of Canada | 284.62 Bn | 57.78 Bn | - | 2.15 Bn |
| 4 | Goldman Sachs | 274.43 Bn | -701.92 Bn | - | -178.00 Mn |
| 5 | Mitsubishi Ufj Financial | 274.26 Bn | -110.06 Bn | 10.89 Bn | 24.63 Bn |
| 6 | Wells Fargo & Company | 260.84 Bn | 59.01 Bn | - | 914.00 Mn |
| 7 | American Express | 210.32 Bn | 161.00 Bn | 17.99 Bn | 1.08 Bn |
| 8 | Banco Santander | 210.20 Bn | 217.82 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 206.68 Bn | 45.35 Bn | - | 2.12 Bn |
| 10 | SoFi Technologies | 21.88 Bn | 18.76 Bn | 1.02 Bn | 13.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.76 Mn |
| Mar 31, 2026 | 8.90 Mn |
| Dec 31, 2025 | 5.41 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 |