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
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