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

SoFi Technologies' quarterly Research & Development came in at $187.7 million in Q1 2026, up 20.15% year-on-year from $156.2 million in Q1 2025, and up 8.59% quarter-over-quarter from $172.8 million in Q4 2025.

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

SoFi Technologies has reported Research & Development for 7 years, with the latest figure at $187.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development rose 20.15% year-over-year to $187.7 million; the trailing twelve-month figure through Mar 2026 stood at $679.8 million (up 17.8% YoY), and the FY2025 full-year result was $648.3 million, up 17.5% from the prior year.
  • Research & Development for Q1 2026 stood at $187.7 million, up from $172.8 million in the prior quarter.
  • The five-year high for Research & Development was $187.7 million in Q1 2026, with the low at $81.9 million in Q1 2022.
  • Average Research & Development over 5 years is $135.6 million, with a median of $132.2 million recorded in 2024.
  • Year-over-year, Research & Development surged 70.82% in 2022 and advanced 4.2% in 2024.
  • Tracing SOFI's Research & Development over 5 years: stood at $113.3 million in 2022, then climbed by 25.19% to $141.8 million in 2023, then climbed by 5.06% to $149.0 million in 2024, then climbed by 16.01% to $172.8 million in 2025, then gained by 8.59% to $187.7 million in 2026.
  • The last three Research & Development figures came in at $187.7 million (Q1 2026), $172.8 million (Q4 2025), and $167.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Visa 539.53 Bn 527.13 Bn - 260.00 Mn
2 Mastercard 441.81 Bn 431.60 Bn - -
3 American Express 215.01 Bn 160.96 Bn 17.43 Bn 1.59 Bn
4 Capital One Financial 114.99 Bn 38.50 Bn - 496.00 Mn
5 PayPal Holdings 41.29 Bn 31.95 Bn 7.84 Bn 793.00 Mn
6 Affirm Holdings 24.62 Bn 22.89 Bn 261.64 Mn -
7 Synchrony Financial 24.22 Bn 3.66 Bn - 262.00 Mn
8 SoFi Technologies 23.71 Bn 20.31 Bn 929.25 Mn 187.68 Mn
9 Ally Financial 13.13 Bn 12.69 Bn 1.98 Bn -
10 Credit Acceptance 6.46 Bn 6.44 Bn 562.70 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 187.68 Mn
Dec 31, 2025 172.84 Mn
Sep 30, 2025 167.14 Mn
Jun 30, 2025 152.15 Mn
Mar 31, 2025 156.21 Mn
Dec 31, 2024 148.99 Mn
Sep 30, 2024 139.71 Mn
Jun 30, 2024 132.17 Mn
Mar 31, 2024 130.92 Mn
Dec 31, 2023 141.82 Mn
Sep 30, 2023 125.70 Mn
Jun 30, 2023 126.85 Mn
Mar 31, 2023 117.06 Mn
Dec 31, 2022 113.28 Mn
Sep 30, 2022 110.70 Mn
Jun 30, 2022 99.37 Mn
Mar 31, 2022 81.91 Mn
Dec 31, 2021 66.32 Mn
Sep 30, 2021 74.43 Mn
Jun 30, 2021 69.39 Mn