SoFi Technologies (SOFI) Provisions (2021 - 2026)
SoFi Technologies (SOFI) recorded quarterly Provisions of $8.9 million in Q1 2026, up 135.71% quarter-over-quarter from -$24.9 million in Q4 2025, and up 56.66% on a YoY basis from $5.7 million in Q1 2025.
SoFi Technologies (SOFI) Provisions (2021 - 2026) Analysis & Trends
SoFi Technologies' Provisions history runs 6 years deep, the most recent figure standing at $8.9 million for 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 was $8.9 million for Q1 2026 at SoFi Technologies, up from -$24.9 million in the prior quarter.
- In the past five years, Provisions ranged from a high of $21.8 million in Q3 2023 to a low of -$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.
- The sharpest annual moves came in 2022 and 2025: Provisions soared 1978.81% in 2022, then slumped 462.25% in 2025.
- A 5-year view of Provisions shows it stood at $14.9 million in 2022, then fell by 19.09% to $12.1 million in 2023, then tumbled by 43.13% to $6.9 million in 2024, then plunged by 462.25% to -$24.9 million in 2025, then surged 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 | 548.22 Bn | 535.81 Bn | - | - |
| 2 | Mastercard | 437.48 Bn | 427.27 Bn | - | - |
| 3 | American Express | 231.87 Bn | 177.83 Bn | 17.43 Bn | 1.25 Bn |
| 4 | Capital One Financial | 125.74 Bn | 49.24 Bn | - | 4.07 Bn |
| 5 | PayPal Holdings | 38.80 Bn | 29.46 Bn | 7.84 Bn | - |
| 6 | Synchrony Financial | 25.78 Bn | 5.22 Bn | - | 1.34 Bn |
| 7 | Affirm Holdings | 24.65 Bn | 22.93 Bn | 261.64 Mn | 196.54 Mn |
| 8 | SoFi Technologies | 22.89 Bn | 19.49 Bn | 929.25 Mn | 8.90 Mn |
| 9 | Ally Financial | 14.15 Bn | 13.70 Bn | 1.98 Bn | 467.00 Mn |
| 10 | Credit Acceptance | 6.63 Bn | 6.61 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 |