SoFi Technologies, Inc. Income Statement

Income Statement Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 7.57M54.33M54.95M31.71M
Revenue 442.66M565.53M984.87M1,573.54M2,122.79M2,674.86M
Interest income
Interest income - Loans 570.47M330.35M351.97M759.50M1,944.13M2,601.99M
Interest income - Investments 23.18M24.03M14.11M10.43M
Interest Income - Total 608.19M363.54M355.02M773.37M2,051.07M2,807.82M
Interest expenses
Interest Expense - Deposits 59.79M507.82M930.15M
Interest Expense - Debt 4.96M27.97M10.35M18.44M36.83M48.35M
Interest Expense - Others 5.33M2.48M1.95M0.92M0.45M0.44M
Interest Expenses 278.36M185.61M102.78M189.28M789.33M1,091.34M
Interest Income - Net 329.83M177.93M252.24M584.10M1,261.74M1,716.48M
Non-interest income
Financial Services Fees 90.13M191.85M304.90M323.97M350.81M
Service Charges 284.27M484.91M612.34M439.60M455.25M
Investment Gain (Loss) -0.11M
Investment Banking Income 299.26M371.32M133.65M106.75M29.00M-275.39M
Mortgage Banking -199.12M-70.25M-14.86M-40.03M
Other Non-Interest Income 169.94M138.89M183.11M256.12M284.18M321.95M
Non-Interest Income 112.83M387.60M732.63M989.44M861.05M958.38M
Operating Items
Research & Development 147.46M201.20M276.09M405.26M511.42M551.79M
Selling, General & Administrative 152.28M237.38M498.53M501.62M511.01M600.09M
Other Operating Expenses 382.52M455.47M691.43M931.05M1,346.57M1,257.93M
Operating Expenses 682.26M894.05M1,466.05M1,837.92M2,369.00M2,409.80M
Operating Income -505.80M-605.10M-908.05M-882.21M-965.61M-531.24M
EBIT -505.80M-605.10M-908.05M-882.21M-965.61M-531.24M
Non-operating items
Interest & Investment Income 11.21M9.15M3.05M13.87M106.94M205.83M
Net income details
EBT -239.60M-328.52M-481.18M-318.72M-301.16M233.34M
Tax Provisions 0.10M-104.47M2.76M1.69M-0.42M-265.32M
Profit After Tax -239.70M-224.05M-483.94M-320.41M-300.74M498.67M
Income from Continuing Operations -239.70M-224.05M-483.94M-320.41M-300.74M498.67M
Consolidated Net Income -239.70M-224.05M-483.94M-320.41M-300.74M498.67M
Income towards Parent Company -239.70M-224.05M-483.94M-320.41M-300.74M498.67M
Net Income towards Common Stockholders -239.70M-224.05M-483.94M-320.41M-300.74M498.67M
Additional items
EPS (Basic) -0.00M-0.00M-0.00M-0.00M-0.00M0.00M
EPS (Weighted Average and Diluted) -0.00M-0.00M-0.00M-0.00M-0.00M0.00M
Shares Outstanding (Weighted Average) 100.62M806.92M927.94M958.74M1,085.15M
Shares Outstanding (Diluted Average) 65.62M73.85M526.73M900.89M945.02M1,101.39M
EBITDA -239.71M-224.20M-485.24M-327.23M-293.65M491.51M
Tax Rate 31.80%0.14%