SoFi Technologies SOFI
NASDAQ SOFI
$16.96 +0.23 (+1.37%)
At close: Sep 18, 2026 · 4:00 PM EDT

SoFi Technologies (SOFI) Research & Development (2020 - 2026)

SoFi Technologies (SOFI) posted Research & Development of $392.4 million for Q2 2026, up 16.95% on a QoQ basis from $335.5 million in Q1 2026, and up 48.22% year-over-year from $264.7 million in Q2 2025.

Analysis

SoFi Technologies (SOFI) Research & Development (2020 - 2026) Analysis & Trends

SoFi Technologies has reported Research & Development for 7 years, with the latest figure at $392.4 million in Q2 2026.

  • On a quarterly basis, Research & Development rose 48.22% year-over-year to $392.4 million in Q2 2026; TTM through Jun 2026 was $1.3 billion, a 39.42% increase from a year earlier, with the FY2025 full-year figure at $1.1 billion, up 37.56% from the prior year.
  • Research & Development was $392.4 million for Q2 2026 at SoFi Technologies, up from $335.5 million in the prior quarter.
  • The five-year high for Research & Development was $392.4 million in Q2 2026, with the low at $138.1 million in Q1 2022.
  • Average Research & Development over 5 years is $219.8 million, with a median of $185.7 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2024: Research & Development soared 58.35% in 2022, then decreased 4.45% in 2024.
  • Over 5 years, Research & Development stood at $173.7 million in 2022, then increased by 0.58% to $174.7 million in 2023, then soared by 31.23% to $229.3 million in 2024, then jumped by 33.3% to $305.6 million in 2025, then advanced by 28.4% to $392.4 million in 2026.
  • The last three Research & Development figures came in at $392.4 million (Q2 2026), $335.5 million (Q1 2026), and $305.6 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Bank Of America 405.01 Bn -183.49 Bn 30.39 Bn 1.92 Bn
2 Morgan Stanley 318.33 Bn 158.20 Bn - 1.20 Bn
3 Royal Bank Of Canada 284.62 Bn 57.78 Bn - 284.73 Mn
4 Goldman Sachs 274.43 Bn -701.92 Bn - 635.00 Mn
5 Mitsubishi Ufj Financial 274.26 Bn -110.06 Bn 10.89 Bn -
6 Wells Fargo & Company 260.84 Bn 59.01 Bn - -
7 American Express 210.32 Bn 161.00 Bn 17.99 Bn 1.76 Bn
8 Banco Santander 210.20 Bn 217.82 Bn 28.01 Bn -
9 Toronto Dominion Bank 206.68 Bn 45.35 Bn - -
10 SoFi Technologies 21.88 Bn 18.76 Bn 1.02 Bn 392.40 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 392.40 Mn
Mar 31, 2026 335.54 Mn
Dec 31, 2025 305.61 Mn
Sep 30, 2025 286.88 Mn
Jun 30, 2025 264.74 Mn
Mar 31, 2025 238.18 Mn
Dec 31, 2024 229.26 Mn
Sep 30, 2024 214.90 Mn
Jun 30, 2024 184.76 Mn
Mar 31, 2024 167.37 Mn
Dec 31, 2023 174.71 Mn
Sep 30, 2023 186.72 Mn
Jun 30, 2023 182.82 Mn
Mar 31, 2023 175.15 Mn
Dec 31, 2022 173.70 Mn
Sep 30, 2022 162.13 Mn
Jun 30, 2022 143.85 Mn
Mar 31, 2022 138.14 Mn
Dec 31, 2021 129.71 Mn
Sep 30, 2021 114.99 Mn