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% quarter-over-quarter 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 improved to $8.9 million in Q1 2026 per SOFI's latest filing, from -$24.9 million in the prior quarter.
- Across five years, Provisions topped out at $21.8 million in Q3 2023 and bottomed at -$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.
- Annual changes were most pronounced in 2022 — Provisions surged 1978.81% — and 2025, when it sank 462.25%.
- SoFi Technologies' Provisions stood at $14.9 million in 2022, then declined by 19.09% to $12.1 million in 2023, then slumped by 43.13% to $6.9 million in 2024, then tumbled by 462.25% to -$24.9 million in 2025, then jumped by 135.71% to $8.9 million in 2026.
- Business Quant data shows SOFI's Provisions at $8.9 million in Q1 2026, -$24.9 million in Q4 2025, and $9.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | - |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | - |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | 1.08 Bn |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | 2.99 Bn |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | - |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | - |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | 1.20 Bn |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | 196.54 Mn |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | 8.90 Mn |
| 10 | Ally Financial | 13.61 Bn | 5.77 Bn | 2.08 Bn | 430.00 Mn |
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 |