SoFi Technologies (SOFI) Provisions (2021 - 2026)
SoFi Technologies' quarterly Provisions came in at $8.9 million in Q1 2026, up 56.66% year-on-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 has reported Provisions for 6 years, with the latest figure at $8.9 million in Q1 2026.
- For the quarter ending Q1 2026, Provisions rose 56.66% year-over-year to $8.9 million; the trailing twelve-month figure through Mar 2026 stood at $3.2 million (down 89.35% YoY), and the FY2024 full-year result was $31.7 million, down 42.28% from the prior year.
- Provisions for Q1 2026 stood at $8.9 million, 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.
- Year-over-year, Provisions surged 1978.81% in 2022 and slumped 462.25% in 2025.
- Tracing SOFI's Provisions over 5 years: 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 tumbled by 462.25% to -$24.9 million in 2025, then soared 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 | 539.53 Bn | 527.13 Bn | - | - |
| 2 | Mastercard | 441.81 Bn | 431.60 Bn | - | - |
| 3 | American Express | 215.01 Bn | 160.96 Bn | 17.43 Bn | 1.25 Bn |
| 4 | Capital One Financial | 114.99 Bn | 38.50 Bn | - | 4.07 Bn |
| 5 | PayPal Holdings | 41.29 Bn | 31.95 Bn | 7.84 Bn | - |
| 6 | Affirm Holdings | 24.62 Bn | 22.89 Bn | 261.64 Mn | 196.54 Mn |
| 7 | Synchrony Financial | 24.22 Bn | 3.66 Bn | - | 1.34 Bn |
| 8 | SoFi Technologies | 23.71 Bn | 20.31 Bn | 929.25 Mn | 8.90 Mn |
| 9 | Ally Financial | 13.13 Bn | 12.69 Bn | 1.98 Bn | 467.00 Mn |
| 10 | Credit Acceptance | 6.46 Bn | 6.44 Bn | 562.70 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 |