What is Sofi Technologies Inc's earnings per share (EPS)?

Sofi Technologies Inc (SOFI) reported diluted earnings per share of $0.39 for fiscal year 2025. That is unchanged from the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Sofi Technologies Inc Financials

SOFI

Trailing 12 months to June 30, 2026

Revenue $4.3B +40.8% YoY

Net Income $636.3M +13.3% YoY

EPS (Diluted) $0.49 -2.0% YoY

Free Cash Flow -$8.8B -191.1% YoY

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 6, 2026 Currency USD FYE December

Sofi Technologies Inc (SOFI) reported $4.3B in revenue over the twelve months to Jun 30, 2026, up 40.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SOFI FY2025 2026-05-07

Balance-sheet expansion is driving SoFi's growth, but cash generation still lags accounting profit as funding does the heavy lifting.

FY2025 kept net income positive at $481M, but operating cash flow remained -$3.7B. Because that gap persisted even after FY2024's profitability breakthrough, SoFi is still funding expansion mainly through the balance sheet and external capital rather than through cash produced by the business itself.

The balance sheet grew faster than revenue: FY2025 assets reached $50.7B while revenue was $3.6B. Even with positive earnings, return on assets was only 1.0%, meaning scale is coming through funded assets faster than through earnings power, which keeps earnings efficiency modest.

A large share of the economics is absorbed by funding costs: interest expense was $1.2B against gross profit of $3.0B in FY2025. Debt-to-equity improved from 4.6x to 3.8x, so the capital mix became less stretched, but external funding remains central rather than incidental to how the business scales.

Financial Health Signals

Financial health score not available

Sofi Technologies Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

2/7

Sofi Technologies Inc passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality No Cash Backing

$7.78used

For every $1 of reported earnings, Sofi Technologies Inc used $7.78 of operating cash (-$3.7B OCF vs $481.3M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Key Financial Metrics

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Earnings & Revenue

Revenue

$3.6B

YoY+35.1%

5Y CAGR+44.9%

Sofi Technologies Inc generated $3.6B in revenue in fiscal year 2025. This represents an increase of 35.1% from the prior year.

Net Income

$481.3M

YoY-3.5%

Sofi Technologies Inc reported $481.3M in net income in fiscal year 2025. This represents a decrease of 3.5% from the prior year.

EPS (Diluted)

$0.39

YoY0.0%

Sofi Technologies Inc earned $0.39 per diluted share (EPS) in fiscal year 2025. That is unchanged from the prior year.

EBITDA

Not reported for fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

-$4.0B

YoY-212.8%

Sofi Technologies Inc recorded an outflow of $4.0B in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 212.8% from the prior year.

Cash & Debt

$4.9B

YoY+94.2%

5Y CAGR+41.4%

Sofi Technologies Inc held $4.9B in cash as of fiscal year 2025; long-term debt is not reported for that period.

Dividends Per Share

$0.00

Sofi Technologies Inc paid $0.00 per share in dividends in fiscal year 2025.

Shares Outstanding

1.28B

YoY+16.3%

Sofi Technologies Inc had 1.28B shares outstanding in fiscal year 2025. This represents an increase of 16.3% from the prior year.

Margins & Returns

Gross Margin

83.2%

YoY+0.4pp

5Y CAGR+14.8pp

Sofi Technologies Inc's gross margin was 83.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.4 percentage points from the prior year.

Net Margin

13.3%

YoY-5.3pp

5Y CAGR+52.9pp

Sofi Technologies Inc's net profit margin was 13.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 5.3 percentage points from the prior year.

Return on Equity

4.6%

YoY-3.0pp

Sofi Technologies Inc's ROE was 4.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 3.0 percentage points from the prior year.

Operating Margin

Not reported for fiscal year 2025.

Capital Allocation

R&D Spending

$648.3M

YoY+17.5%

5Y CAGR+26.4%

Sofi Technologies Inc invested $648.3M in research and development in fiscal year 2025. This represents an increase of 17.5% from the prior year.

Capital Expenditures

$242.4M

YoY+57.2%

5Y CAGR+58.1%

Sofi Technologies Inc invested $242.4M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 57.2% from the prior year.

Share Buybacks

Not reported for fiscal year 2025.

SOFI Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SOFI quarterly income statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$4.3B	$3.6B+35.1%	$2.7B+26.0%	$2.1B+34.9%	$1.6B+59.8%	$984.9M+74.1%	$565.5M+27.8%	$442.7M
Cost of Revenue	$694.3M	$609.0M+31.9%	$461.6M+21.5%	$380.0M+21.3%	$313.2M+21.9%	$257.0M+43.6%	$178.9M+53.8%	$116.3M
Gross Profit	$3.6B	$3.0B+35.7%	$2.2B+27.0%	$1.7B+38.3%	$1.3B+73.1%	$727.9M+88.3%	$386.6M+18.5%	$326.3M
R&D Expenses	$718.9M	$648.3M+17.5%	$551.8M+7.9%	$511.4M+26.2%	$405.3M+46.8%	$276.1M+37.2%	$201.2M+36.4%	$147.5M
SG&A Expenses	$797.0M	$704.4M+17.4%	$600.1M+17.4%	$511.0M+1.9%	$501.6M+0.6%	$498.5M+110.0%	$237.4M+55.9%	$152.3M
Interest Expense	$1.3B	$1.2B+5.9%	$1.1B+38.3%	$789.3M+317.0%	$189.3M+84.2%	$102.8M-44.6%	$185.6M-33.3%	$278.4M
Income Tax	$101.5M	$44.5M+116.8%	-$265.3M-63678.8%	-$416K-124.7%	$1.7M-38.9%	$2.8M+102.6%	-$104.5M-106700.0%	$98K
Net Income	$636.3M	$481.3M-3.5%	$498.7M+265.8%	-$300.7M+6.1%	-$320.4M+33.8%	-$483.9M-116.0%	-$224.1M+6.5%	-$239.7M
EPS (Diluted)	$0.49	$0.390.0%	$0.39	-$0.36+10.0%	-$0.40	-$1.00	-$4.30-7.0%	-$4.02

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$1.2B+10.8%	$1.1B+7.3%	$1.0B+6.6%	$961.6M+12.5%	$854.9M+10.8%	$771.8M+5.1%	$734.1M+5.3%	$697.1M
Cost of Revenue	$200.1M+17.0%	$171.1M+5.9%	$161.6M+0.1%	$161.4M+7.3%	$150.4M+11.0%	$135.5M+5.7%	$128.2M+3.6%	$123.7M
Gross Profit	$1.0B+9.6%	$929.2M+7.6%	$863.4M+7.9%	$800.2M+13.6%	$704.5M+10.7%	$636.2M+5.0%	$606.0M+5.7%	$573.4M
R&D Expenses	$191.3M+1.9%	$187.7M+8.6%	$172.8M+3.4%	$167.1M+9.9%	$152.1M-2.6%	$156.2M+4.8%	$149.0M+6.6%	$139.7M
SG&A Expenses	$216.8M+9.7%	$197.6M+1.7%	$194.2M+3.1%	$188.4M+13.9%	$165.4M+5.8%	$156.4M-2.8%	$160.9M+8.1%	$148.9M
Interest Expense	$352.3M+14.4%	$308.0M-0.7%	$310.1M+1.2%	$306.4M+11.6%	$274.6M+3.6%	$265.1M-3.2%	$273.8M-6.4%	$292.4M
Income Tax	$47.7M+45.4%	$32.8M+178.5%	$11.8M+28.6%	$9.2M-38.6%	$14.9M+72.3%	$8.7M+103.2%	-$272.5M-8863.6%	$3.1M
Net Income	$156.6M-6.1%	$166.7M-3.9%	$173.5M+24.5%	$139.4M+43.3%	$97.3M+36.8%	$71.1M-78.6%	$332.5M+447.3%	$60.7M
EPS (Diluted)	$0.120.0%	$0.12-14.3%	$0.14+27.3%	$0.11+37.5%	$0.08+33.3%	$0.06-80.6%	$0.31+520.0%	$0.05

Not reported in any period shown, so not listed: Operating Income.

SOFI Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SOFI quarterly balance sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$50.7B+39.7%	$36.3B+20.5%	$30.1B+58.2%	$19.0B+107.1%	$9.2B+7.2%	$8.6B	N/A
Current Assets	N/A	N/A	N/A	N/A	N/A	$1.1M	N/A
Cash & Equivalents	$4.9B+94.2%	$2.5B-17.7%	$3.1B+117.0%	$1.4B+187.4%	$494.7M-43.3%	$872.6M+74.7%	$499.5M
Accounts Receivable	$893.5M+52.1%	$587.5M+245.9%	$169.9M+33.7%	$127.0M+48.6%	$85.5M	N/A	N/A
Goodwill	$1.4B0.0%	$1.4B0.0%	$1.4B-14.1%	$1.6B+80.6%	$898.5M-0.1%	$899.3M+5637.7%	$15.7M
Total Liabilities	$40.2B+35.1%	$29.7B+21.2%	$24.5B+81.9%	$13.5B+201.0%	$4.5B-48.4%	$8.7B	N/A
Current Liabilities	N/A	N/A	N/A	N/A	N/A	$183K	N/A
Long-Term Debt	N/A	N/A	N/A	$5.5B+39.0%	$3.9B-17.7%	$4.8B	N/A
Total Equity	$10.5B+60.8%	$6.5B+24.7%	$5.2B+0.5%	$5.2B+19.0%	$4.4B+3744.3%	-$120.1M+64.6%	-$339.1M
Retained Earnings	-$824.3M+36.9%	-$1.3B+27.6%	-$1.8B-20.0%	-$1.5B-27.1%	-$1.2B-69.2%	-$699.2M	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$60.9B+13.5%	$53.7B+6.0%	$50.7B+11.8%	$45.3B+10.2%	$41.1B+8.9%	$37.7B+4.1%	$36.3B+5.4%	$34.4B
Cash & Equivalents	$3.1B-8.1%	$3.4B-31.0%	$4.9B+51.8%	$3.2B+52.9%	$2.1B+1.8%	$2.1B-17.8%	$2.5B+7.8%	$2.4B
Accounts Receivable	N/A	N/A	$893.5M	N/A	N/A	N/A	$587.5M	N/A
Goodwill	$1.4B+2.3%	$1.4B0.0%	$1.4B0.0%	$1.4B0.0%	$1.4B0.0%	$1.4B0.0%	$1.4B0.0%	$1.4B
Total Liabilities	$49.9B+16.3%	$42.9B+6.8%	$40.2B+10.0%	$36.5B+6.6%	$34.3B+10.2%	$31.1B+4.5%	$29.7B+5.2%	$28.3B
Total Equity	$11.1B+2.4%	$10.8B+3.1%	$10.5B+19.5%	$8.8B+28.0%	$6.9B+2.7%	$6.7B+2.4%	$6.5B+6.6%	$6.1B
Retained Earnings	-$501.0M+23.8%	-$657.5M+20.2%	-$824.3M+17.4%	-$997.8M+12.3%	-$1.1B+7.9%	-$1.2B+5.4%	-$1.3B+20.3%	-$1.6B

Not reported in any period shown, so not listed: Current Assets, Inventory, Current Liabilities, Long-Term Debt.

SOFI Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SOFI quarterly cash flow statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$8.5B	-$3.7B-234.2%	-$1.1B+84.5%	-$7.2B+0.4%	-$7.3B-437.4%	-$1.4B-181.7%	-$479.3M-775.8%	-$54.7M
Capital Expenditures	$290.5M	$242.4M+57.2%	$154.3M+38.5%	$111.4M+19.5%	$93.2M+78.3%	$52.3M+112.9%	$24.5M-34.7%	$37.6M
Free Cash Flow	-$8.8B	-$4.0B-212.8%	-$1.3B+82.6%	-$7.3B+0.1%	-$7.3B-424.0%	-$1.4B-178.3%	-$503.9M-445.8%	-$92.3M
Investing Cash Flow	-$8.8B	-$6.7B-39.4%	-$4.8B-155.1%	-$1.9B-1677.3%	-$106.3M-196.5%	$110.2M-57.4%	$258.9M+125.4%	$114.9M
Financing Cash Flow	$18.1B	$13.1B+160.4%	$5.0B-53.8%	$10.9B+29.0%	$8.4B+1132.1%	$685.0M-19.8%	$853.8M+817.3%	$93.1M
Share Buybacks	N/A	N/A	N/A	$0	$0-100.0%	$526K+1215.0%	$40K-99.5%	$8.8M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	-$3.9B-68.1%	-$2.3B-133.6%	-$991.2M+24.1%	-$1.3B+11.0%	-$1.5B-6922.2%	$21.5M+110.7%	-$200.1M+82.9%	-$1.2B
Capital Expenditures	$96.6M+43.0%	$67.6M+1.7%	$66.4M+10.7%	$60.0M-5.5%	$63.5M+20.6%	$52.6M+24.5%	$42.3M-2.4%	$43.3M
Free Cash Flow	-$4.0B-67.3%	-$2.4B-125.3%	-$1.1B+22.6%	-$1.4B+10.8%	-$1.5B-4820.5%	-$31.1M+87.2%	-$242.4M+80.1%	-$1.2B
Investing Cash Flow	-$2.8B-18.2%	-$2.4B-14.2%	-$2.1B-43.7%	-$1.5B+15.3%	-$1.7B-19.6%	-$1.4B-12.4%	-$1.3B-1424.8%	-$84.0M
Financing Cash Flow	$6.5B+109.5%	$3.1B-33.7%	$4.7B+23.7%	$3.8B+19.1%	$3.2B+123.6%	$1.4B+16.8%	$1.2B-18.3%	$1.5B

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

SOFI Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

SOFI quarterly financial ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	83.2%+0.4pp	82.7%+0.6pp	82.1%+2.0pp	80.1%+6.2pp	73.9%+5.5pp	68.4%-5.3pp	73.7%
Net Margin	13.3%-5.3pp	18.6%+32.8pp	-14.2%+6.2pp	-20.4%+28.8pp	-49.1%-9.5pp	-39.6%+14.5pp	-54.1%
Return on Equity	4.6%-3.0pp	7.6%+13.4pp	-5.8%+0.4pp	-6.2%+4.9pp	-11.1%	N/A	N/A
Return on Assets	0.9%-0.4pp	1.4%+2.4pp	-1.0%+0.7pp	-1.7%+3.6pp	-5.3%-2.6pp	-2.6%	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A	5.78	N/A
Debt-to-Equity	3.83-0.7x	4.56-0.1x	4.68+3.6x	1.05+0.2x	0.90	N/A	N/A
FCF Margin	-110.3%	-47.6%	-345.7%	-467.0%	-142.4%	-89.1%-68.2pp	-20.9%

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Gross Margin	83.6%-0.9pp	84.5%+0.2pp	84.2%+1.0pp	83.2%+0.8pp	82.4%0.0pp	82.4%-0.1pp	82.5%+0.3pp	82.3%
Net Margin	12.8%-2.3pp	15.2%-1.8pp	16.9%+2.4pp	14.5%+3.1pp	11.4%+2.2pp	9.2%-36.1pp	45.3%+36.6pp	8.7%
Return on Equity	1.4%-0.1pp	1.5%-0.1pp	1.7%+0.1pp	1.6%+0.2pp	1.4%+0.4pp	1.1%-4.0pp	5.1%+4.1pp	1.0%
Return on Assets	0.3%-0.1pp	0.3%0.0pp	0.3%0.0pp	0.3%+0.1pp	0.2%0.0pp	0.2%-0.7pp	0.9%+0.7pp	0.2%
Debt-to-Equity	4.50+0.5x	3.97+0.1x	3.83-0.3x	4.16-0.8x	4.99+0.3x	4.65+0.1x	4.56-0.1x	4.62
FCF Margin	-327.2%	-216.5%	-103.2%	-142.0%	-179.0%	-4.0%+29.0pp	-33.0%	-174.6%

Not reported in any period shown, so not listed: Operating Margin, Current Ratio.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.

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Where Sofi Technologies Inc Ranks

Frequently Asked Questions

What is Sofi Technologies Inc's annual revenue?

Sofi Technologies Inc (SOFI) reported $3.6B in total revenue for fiscal year 2025. This represents a 35.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Sofi Technologies Inc's revenue growing?

Sofi Technologies Inc (SOFI) revenue grew by 35.1% year-over-year, from $2.7B to $3.6B in fiscal year 2025.

Is Sofi Technologies Inc profitable?

Yes, Sofi Technologies Inc (SOFI) reported a net income of $481.3M in fiscal year 2025, with a net profit margin of 13.3%.

What is Sofi Technologies Inc's gross margin?

Sofi Technologies Inc (SOFI) had a gross margin of 83.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Sofi Technologies Inc's net profit margin?

Sofi Technologies Inc (SOFI) had a net profit margin of 13.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Sofi Technologies Inc's return on equity (ROE)?

Sofi Technologies Inc (SOFI) has a return on equity of 4.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Sofi Technologies Inc's free cash flow?

Sofi Technologies Inc (SOFI) recorded an outflow of $4.0B in free cash flow during fiscal year 2025. This represents a -212.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Sofi Technologies Inc's operating cash flow?

Sofi Technologies Inc (SOFI) recorded an outflow of $3.7B in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Sofi Technologies Inc's total assets?

Sofi Technologies Inc (SOFI) had $50.7B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Sofi Technologies Inc's capital expenditures?

Sofi Technologies Inc (SOFI) invested $242.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Sofi Technologies Inc spend on research and development?

Sofi Technologies Inc (SOFI) invested $648.3M in research and development during fiscal year 2025.

How many shares does Sofi Technologies Inc have outstanding?

Sofi Technologies Inc (SOFI) had 1.28B shares outstanding as of fiscal year 2025.

What is Sofi Technologies Inc's debt-to-equity ratio?

Sofi Technologies Inc (SOFI) had a debt-to-equity ratio of 3.83 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Sofi Technologies Inc's return on assets (ROA)?

Sofi Technologies Inc (SOFI) had a return on assets of 0.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Sofi Technologies Inc's Piotroski F-Score?

Sofi Technologies Inc (SOFI) has a Piotroski F-Score of 2 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Sofi Technologies Inc's earnings high quality?

For every $1 of reported earnings, Sofi Technologies Inc (SOFI) used $7.78 of operating cash (-$3.7B OCF vs $481.3M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.