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
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