SoFi Technologies (SOFI) Provisions (2021 - 2026)
SoFi Technologies' Provisions came in at $13.76 million for Q2 2026, up 37.1% from $10.04 million a year earlier and up 54.6% from the prior quarter.
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Analysis
SoFi Technologies (SOFI) Provisions (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, SoFi Technologies reported Provisions of $37.26 million, up 30.3% year-over-year; for FY2025, it came in at $30.32 million, down 4.4% from FY2024.
- Provisions carries a four-year compound annual growth rate of 41.5% (FY2021 to FY2025).
- Going back by year, Provisions was $31.71 million in FY2024 (-42.3%), $54.95 million in FY2023 (+1.1%), $54.33 million in FY2022 (+617.4%) and $7.57 million in FY2021.
- The Q2 2026 figure represents the highest quarterly Provisions since Q3 2023.
- Year-over-year, Provisions increased in three of the last eight quarters, with an average decline of 3.1%.
- The fastest year-over-year change in Provisions over five years came in Q3 2022 (growth of 579.8%), and the weakest in Q3 2024 (a decline of 72.5%).
- Business Quant data shows SOFI's Provisions at $8.9 million (Q1 2026), $5.41 million (Q4 2025) and $9.2 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 885.23 Bn | 914.70 Bn | - | 2.52 Bn |
| 2 | Banco Santander Chile | 404.41 Bn | 524.35 Bn | - | - |
| 3 | Bank Of America | 381.15 Bn | -1,994.92 Bn | - | 1.38 Bn |
| 4 | Hsbc Holdings | 319.39 Bn | 319.44 Bn | - | - |
| 5 | Morgan Stanley | 298.67 Bn | -210.43 Bn | - | 110.00 Mn |
| 6 | Royal Bank Of Canada | 268.75 Bn | -557.52 Bn | - | 717.20 Mn |
| 7 | Mitsubishi Ufj Financial | 265.72 Bn | -107.91 Bn | 10.89 Bn | -331.64 Mn |
| 8 | Goldman Sachs | 261.04 Bn | -3,296.07 Bn | - | 124.00 Mn |
| 9 | Wells Fargo & Company | 253.09 Bn | 255.22 Bn | - | 914.00 Mn |
| 10 | SoFi Technologies | 20.39 Bn | 5.68 Bn | 1.02 Bn | 13.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.76 Mn |
| Mar 31, 2026 | 8.90 Mn |
| Dec 31, 2025 | 5.41 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 |
API Access
SoFi Technologies Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=provisions&ticker=SOFI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "provisions", "ticker": "SOFI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=provisions&ticker=SOFI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();