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| Date | Value |
|---|---|
| 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 |