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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |