Tearsheet

SoFi Technologies (SOFI)

Market Price (4/8/2026): $17.2 | Market Cap: $21.0 Bil
Sector: Financials | Industry: Consumer Finance

SoFi Technologies (SOFI)

Market Price (4/8/2026): $17.2
Market Cap: $21.0 Bil
Sector: Financials
Industry: Consumer Finance

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -28%

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 38%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -41%

Capital ratio is >2x the minimum of 6%
Tier 1 Capital / Risk Wtd Assets RatioTier 1 Capital / Risk-Weighted Assets is a common measure of financial strength for a bank. It reflects how much equity there is relative to assets where assets are weighted based on riskiness. Low ratios indicate the bank is highly vulnerable to even small changes in the value of their risk assets. is 13%

Uninsured deposits are low
Uninsured Deposits Ratio %Fraction of deposits that exceed the insurance deposit thresholds. For example, the FDIC protects deposits up to $250K. A high uninsured deposits ratio indicates large accounts and greater potential exposure to bank run risk. is 5.6%

Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, Digital Payments, and Wealth Management Technology.

Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 11%

Expensive valuation multiples
P/EPrice/Earnings or Price/(Net Income) is 41x

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -104%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -111%

Key risks
SOFI key risks include [1] heightened credit risk from its significant concentration in unsecured personal loans and [2] regulatory scrutiny stemming from its crypto operations and past compliance failures.

0	Cash is significant % of market cap Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -28%
1	Strong revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 38%
2	Valuation becoming less expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -41%
3	Capital ratio is >2x the minimum of 6% Tier 1 Capital / Risk Wtd Assets RatioTier 1 Capital / Risk-Weighted Assets is a common measure of financial strength for a bank. It reflects how much equity there is relative to assets where assets are weighted based on riskiness. Low ratios indicate the bank is highly vulnerable to even small changes in the value of their risk assets. is 13%
4	Uninsured deposits are low Uninsured Deposits Ratio %Fraction of deposits that exceed the insurance deposit thresholds. For example, the FDIC protects deposits up to $250K. A high uninsured deposits ratio indicates large accounts and greater potential exposure to bank run risk. is 5.6%
5	Megatrend and thematic drivers Megatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, Digital Payments, and Wealth Management Technology.
6	Meaningful short interest Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 11%
7	Expensive valuation multiples P/EPrice/Earnings or Price/(Net Income) is 41x
8	Not cash flow generative CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -104%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -111%
9	Key risks SOFI key risks include [1] heightened credit risk from its significant concentration in unsecured personal loans and [2] regulatory scrutiny stemming from its crypto operations and past compliance failures.

Valuation, Metrics & Events

	4/8/26	2025	2024	2023	2022
Share Price CYE	$17.20	$11.63	$7.30	$6.07	$9.45
Market Cap CYE ($ Bil)	21.0	12.8	7.2	5.6	8.1
Total Debt ($ Bil)	1.9	3.1	3.0	6.3	5.1
Total Cash ($ Bil)	7.4	4.2	4.5	2.5	1.4
Enterprise Value ($ Bil)	15.6	15.9	10.2	11.9	13.2
Valuation Ratios
P/S TTM	5.8	4.6	3.2	3.3	7.2
P/EBIT TTM	-	-	-	-	-
P/E TTM	43.7	26.5	-40.2	-23.1	-19.3
P/FCF TTM	-5.3	-6.3	-1.6	-0.7	-2.9
Sector Ratios
P/S TTM (Sector)	3.1	2.9	2.7	2.4	3.3
P/EBIT TTM (Sector)	6.6	8.2	7.4	7.3	7.0
P/E TTM (Sector)	11.1	11.2	9.9	8.3	9.9
P/FCF TTM (Sector)	8.5	8.4	7.6	6.0	7.6

	4/8/26	2025	2024
Share Price CYE	$17.20	$11.63	$7.30
Market Cap CYE ($ Bil)	21.0	12.8	7.2
Total Debt ($ Bil)	1.9	3.1	3.0
Total Cash ($ Bil)	7.4	4.2	4.5
Enterprise Value ($ Bil)	15.6	15.9	10.2
Valuation Ratios
P/S TTM	5.8	4.6	3.2
P/EBIT TTM	-	-	-
P/E TTM	43.7	26.5	-40.2
P/FCF TTM	-5.3	-6.3	-1.6
Sector Ratios
P/S TTM (Sector)	3.1	2.9	2.7
P/EBIT TTM (Sector)	6.6	8.2	7.4
P/E TTM (Sector)	11.1	11.2	9.9
P/FCF TTM (Sector)	8.5	8.4	7.6

	SOFI	S&P 500
REVENUE GROWTH	VERY GOOD
Rev LTM ($ Bil)	3.6
Rev Chg Q	39.6%	7.4%
Rev Chg LTM	38.3%	6.8%
Rev Chg 3Y Avg	32.1%	5.7%
PROFITABILITY	FAIR
Op Inc LTM ($ Bil)	�
CFO LTM ($ Bil)	-3.7
Net Inc LTM ($ Bil)	0.5
CFO/Rev LTM	-103.6%	20.7%
Net Inc Mgn	13.3%	12.8%
VALUATION	VERY HIGH
P/S	5.8	3.2
P/CFO	-5.6	15.3
P/FCF	-5.3	19.9
P/E	43.7	24.0

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Metric	Value	Date	Source
Total Members	12.6 million	9302025	Link
Total Products	18.6 million	9302025	Link
Technology Platform Total Accounts	160 million	6302025	Link
Financial Services Products	16.1 million	9302025	Link
Total Deposits	$32.9 billion	9302025	Link
SoFi Money Products	6.3 million	9302025	Link
SoFi Relay Products	6.0 million	9302025	Link
SoFi Invest Products	3.0 million	9302025	Link
Annualized Revenue per Product	$104	9302025	Link

Upcoming
4/29/2026	Earnings Release	Rev: $1.0 Bil (E) EPS: $0.12 (E)

Price Chart

Return (1M):

Why The Stock Moved

Qualitative Assessment

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SoFi Technologies (SOFI) stock has lost about 40% since 12/31/2025 because of the following key factors:

1. Share Dilution from $1.5 Billion Equity Sale.

SoFi Technologies initiated a $1.5 billion equity sale that closed on January 6, 2026, with shares priced at $27.50. This capital raise led to shareholder dilution, which negatively impacted market sentiment and contributed to the stock experiencing a 17% drop in January 2026 alone.

2. Broader Fintech Sector Weakness and Macroeconomic Headwinds.

The first quarter of 2026 saw a significant downturn across the fintech sector, with the Fintech Index losing over 80% of its market capitalization gain from 2024-2025. This sector-wide weakness, coupled with ongoing macroeconomic concerns such as geopolitical tensions and worries over credit quality, particularly affected high-beta financial technology companies like SoFi.

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Stock Movement Drivers

Fundamental Drivers

The -38.5% change in SOFI stock from 12/31/2025 to 4/7/2026 was primarily driven by a -30.9% change in the company's Net Income Margin (%).

(LTM values as of)	12312025	4072026	Change
Stock Price ($)	26.18	16.11	-38.5%
Change Contribution By:
Total Revenues ($ Mil)	3,322	3,613	8.8%
Net Income Margin (%)	19.3%	13.3%	-30.9%
P/E Multiple	47.9	41.0	-14.5%
Shares Outstanding (Mil)	1,171	1,224	-4.3%
Cumulative Contribution			-38.5%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/7/2026

	Return	Correlation
SOFI	-38.5%
Market (SPY)	-5.4%	47.8%
Sector (XLF)	-8.9%	52.5%

Fundamental Drivers

The -39.0% change in SOFI stock from 9/30/2025 to 4/7/2026 was primarily driven by a -27.5% change in the company's Net Income Margin (%).

(LTM values as of)	9302025	4072026	Change
Stock Price ($)	26.42	16.11	-39.0%
Change Contribution By:
Total Revenues ($ Mil)	3,055	3,613	18.3%
Net Income Margin (%)	18.4%	13.3%	-27.5%
P/E Multiple	52.1	41.0	-21.4%
Shares Outstanding (Mil)	1,107	1,224	-9.5%
Cumulative Contribution			-39.0%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/7/2026

	Return	Correlation
SOFI	-39.0%
Market (SPY)	-2.9%	63.3%
Sector (XLF)	-7.1%	49.4%

Fundamental Drivers

The 38.5% change in SOFI stock from 3/31/2025 to 4/7/2026 was primarily driven by a 61.4% change in the company's P/E Multiple.

(LTM values as of)	3312025	4072026	Change
Stock Price ($)	11.63	16.11	38.5%
Change Contribution By:
Total Revenues ($ Mil)	2,612	3,613	38.3%
Net Income Margin (%)	19.1%	13.3%	-30.2%
P/E Multiple	25.4	41.0	61.4%
Shares Outstanding (Mil)	1,088	1,224	-11.1%
Cumulative Contribution			38.5%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/7/2026

	Return	Correlation
SOFI	38.5%
Market (SPY)	16.3%	68.8%
Sector (XLF)	1.2%	59.7%

Fundamental Drivers

The 165.4% change in SOFI stock from 3/31/2023 to 4/7/2026 was primarily driven by a 129.6% change in the company's Total Revenues ($ Mil).

(LTM values as of)	3312023	4072026	Change
Stock Price ($)	6.07	16.11	165.4%
Change Contribution By:
Total Revenues ($ Mil)	1,574	3,613	129.6%
P/S Multiple	3.6	5.5	53.2%
Shares Outstanding (Mil)	923	1,224	-24.5%
Cumulative Contribution			165.4%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/7/2026

	Return	Correlation
SOFI	165.4%
Market (SPY)	63.3%	57.3%
Sector (XLF)	62.0%	49.6%

Return vs. Risk

Price Returns Compared

	2021	2022	2023	2024	2025	2026	Total [1]
Returns
SOFI Return	27%	-71%	116%	55%	70%	-38%	31%
Peers Return	31%	-45%	15%	66%	51%	-20%	67%
S&P 500 Return	27%	-19%	24%	23%	16%	-3%	76%
Monthly Win Rates [3]
SOFI Win Rate	33%	25%	50%	50%	75%	25%
Peers Win Rate	52%	40%	50%	57%	57%	25%
S&P 500 Win Rate	75%	42%	67%	75%	67%	50%
Max Drawdowns [4]
SOFI Max Drawdown	-3%	-73%	-2%	-36%	-38%	-42%
Peers Max Drawdown	-18%	-54%	-25%	-12%	-22%	-27%
S&P 500 Max Drawdown	-1%	-25%	-1%	-2%	-15%	-7%

[1] Cumulative total returns since the beginning of 2021
[2] Peers: PYPL, ALLY, HOOD, SCHW, LC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/7/2026 (YTD)

How Low Can It Go

Unique Key	Event	SOFI	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-83.3%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	499.5%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	992 days	464 days

Compare to PYPL, ALLY, HOOD, SCHW, LC

In The Past

SoFi Technologies's stock fell -83.3% during the 2022 Inflation Shock from a high on 2/1/2021. A -83.3% loss requires a 499.5% gain to breakeven.

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About SoFi Technologies (SOFI)

Business Description Analogies Products Customers Suppliers Management Key Risks Emerging Threats Market Size Revenue Drivers Capital Allocation

SoFi Technologies, Inc. provides digital financial services. It operates through three segments: Lending, Technology Platform, and Financial Services. The company's lending and financial services and products allows its members to borrow, save, spend, invest, and protect their money. It offers student loans; personal loans for debt consolidation and home improvement projects; and home loans. The company also provides cash management, investment, and technology services. In addition, it operates Galileo, a technology platform that offers services to financial and non-financial institutions; and Apex, a technology enabled platform that provides investment custody and clearing brokerage services, as well as Technisys, a cloud-based digital multi-product core banking platform. The company was founded in 2011 and is headquartered in San Francisco, California.

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Here are a few brief analogies for SoFi Technologies:

It's like a digital-first JPMorgan Chase, offering banking, investing, and all types of loans (student, personal, home) in one unified app.
Imagine a "financial super app" for consumers, combining banking, investing, lending, and budgeting like a modern Fidelity, but also providing core technology platforms to other financial institutions.

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SoFi Technologies (SOFI) provides the following major products and services:

Student Loans: Loans offered to members for education financing.
Personal Loans: Loans available for various purposes, including debt consolidation and home improvement projects.
Home Loans: Mortgage loans for purchasing or refinancing homes.
Cash Management Services: Services that allow members to manage their everyday cash, similar to checking and savings accounts.
Investment Services: Platforms and tools enabling members to invest their money in various financial instruments.
Galileo: A technology platform that offers services to other financial and non-financial institutions.
Apex: A technology-enabled platform specializing in investment custody and clearing brokerage services for institutions.
Technisys: A cloud-based digital multi-product core banking platform for institutional clients.

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SoFi Technologies primarily sells its direct financial products and services to individuals. The company's customer base can be broadly categorized into the following three groups:

Borrowers: Individuals seeking various types of loans, including student loans (for refinancing), personal loans (for purposes such as debt consolidation and home improvement), and home loans.
Savers and Spenders: Individuals who utilize SoFi's cash management services for their everyday banking and spending needs.
Investors: Individuals who use SoFi's platforms to invest their money, accessing various investment products and services.

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Amazon (AMZN)
Visa (V)
Mastercard (MA)
Equifax (EFX)
Experian (EXPN.L)
TransUnion (TRU)

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Anthony Noto, Chief Executive Officer
Anthony Noto has served as CEO of SoFi since February 2018, overseeing its expansion from a student-loan refinancing startup into a diversified financial services platform. Noto previously held high-profile leadership roles including Chief Operating Officer and Chief Financial Officer at Twitter (2014-2018), co-head of global TMT investment banking at Goldman Sachs, and Executive Vice President and Chief Financial Officer of the National Football League (2008-2010). He led the acquisition of Technisys for SoFi.

Chris Lapointe, Chief Financial Officer
Chris Lapointe has been the Chief Financial Officer of SoFi since April 2020. He was instrumental in SoFi's successful public listing in June 2021. Prior to joining SoFi in 2018, he worked as Global Head of Corporate Finance at Uber and held investment banking roles, including Vice President of TMT Investment Banking, at Goldman Sachs.

Jeremy Rishel, Chief Technology Officer
Jeremy Rishel has been SoFi's Chief Technology Officer since 2021. He is responsible for the company's technology strategy, architecture, and investment in emerging technology. He has championed the migration to a microservices architecture and spearheaded SoFi's AI-driven personalization engine. His career began as a software engineer at LivePerson, and he co-founded a startup that was later acquired by Salesforce. He also held leadership roles at Splunk, DoorDash, and Twitter.

Eric Schuppenhauer, EVP, Group Business Unit Leader, Borrow
Eric Schuppenhauer oversees SoFi's lending businesses, including home loans and student loan refinancing. Previously, he held executive positions in mortgage and lending at Citizens Financial, Capital One, and JPMorgan. He is a certified public accountant.

Arun Pinto, Chief Risk Officer
Arun Pinto has served as Chief Risk Officer since 2020, where he established SoFi's enterprise risk management program, integrating credit, market, and operational risk. He led risk oversight for the launch of SoFi Bank. His background includes serving as Chief Risk Officer at HamsaPay, SVP at the Federal Reserve Bank of San Francisco, and Managing Director at Citi.

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The key risks to SoFi Technologies (SOFI) are:

Credit Risk and Economic Downturn: SoFi's significant exposure to its lending business, particularly unsecured personal loans, makes it highly vulnerable to economic downturns, rising interest rates, or a weakening labor market. These conditions could lead to increased loan defaults and necessitate higher provisions for credit losses, directly impacting the company's profitability.
Regulatory Scrutiny and Compliance: As a nationally chartered bank and a provider of diverse financial services, SoFi operates within a complex and evolving regulatory landscape. Increased scrutiny from financial regulators, changes in existing regulations, or challenges related to compliance (including past concerns regarding crypto activities or regulatory capital treatment) pose substantial risks to its operations, product offerings, and reputation.
Intense Competition: SoFi operates in a highly competitive fintech environment. It faces competition from both traditional banks and other rapidly evolving digital financial service providers. This intense competition across its lending, technology platform, and financial services segments could pressure its ability to attract and retain customers, maintain pricing power, and achieve its growth targets.

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The clear emerging threat to SoFi Technologies is the ongoing and expanding penetration of large technology companies (such as Apple, Google, and Amazon) into core financial services. These companies are leveraging their massive existing user bases, extensive data, and established digital ecosystems to offer financial products and services, including high-yield savings accounts, buy now pay later (BNPL) options, payment solutions, and potentially other lending and investment services. This trend threatens SoFi's ambition to be a primary, integrated digital financial services hub by providing alternative, deeply embedded financial solutions within platforms that consumers already use extensively for non-financial purposes, potentially diminishing the need for a standalone financial super-app like SoFi.

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SoFi Technologies (SOFI) operates within several large and growing addressable markets for its main products and services. The market sizes are identified as follows:

Lending Segment

Student Loans: The total student loan debt in the United States totals approximately $1.81 trillion. Private student loans, a component of this, reached $144.86 billion as of September 2025. The global student loan market was valued at $3,933.18 billion in 2021 and is estimated to reach $8,750.75 billion by 2031.
Personal Loans: The U.S. personal loans market was valued at USD 93.16 billion in 2025 and is expected to reach USD 192.79 billion by 2033. Americans owed $276 billion in personal loan debt as of the fourth quarter of 2025. Globally, the personal loans market size was valued at USD 320.73 billion in 2025 and is expected to reach USD 674.13 billion by 2033.
Home Loans: The U.S. home loan market is estimated at USD 2.42 trillion in 2026 and is forecasted to grow to USD 3.17 trillion by 2031. Total single-family mortgage origination volume in the U.S. is expected to increase to $2.2 trillion in 2026 from $2.0 trillion in 2025.

Technology Platform Segment (Galileo, Technisys, Apex)

Banking-as-a-Service (BaaS) & Cloud Core Banking Platforms: The global Banking-as-a-Service (BaaS) market was valued at approximately USD 32.49 billion in 2024 and is projected to reach USD 86.00 billion by 2033. Other estimates place the global BaaS market at around USD 35–45 billion in 2026, with projections suggesting it could reach USD 75–90 billion by 2030–2031. The global cloud core banking platform market generated USD 1.6 billion in 2025 and is predicted to register growth to about USD 11.1 billion by 2035. The global core banking solutions market size was valued at USD 16.71 billion in 2024 and is expected to reach USD 37.42 billion by 2032. North America held a dominant position in the global cloud core banking platform market, capturing more than a 36.7% share in 2025, with the U.S. market valued at USD 0.53 billion.
Investment Custody Services: The global custody service market was valued at USD 42.21 billion in 2025 and is projected to grow to USD 60.32 billion by 2031. Another report indicates the custody service market size expanded from $45.19 billion in 2024 to an anticipated $48.84 billion in 2025, with projections to reach $69.31 billion by 2029.
Clearing Brokerage Services: The global securities brokerages and stock exchanges market was worth around USD 917.82 billion in 2024 and is predicted to grow to around USD 2532.93 billion by 2034. The global brokerage services market is projected to expand from $39,163.5 million by the end of 2025 to $69,231.1 million by 2033.

Financial Services Segment

Cash Management: The global cash management system market was valued at $3.7 billion in 2023 and is projected to reach $13.2 billion by 2032. Other estimates place the global cash management system market at USD 17.6 billion in 2024, projected to reach USD 36.92 billion by 2030.
Investment (Online Investment Platforms): The global online investment platform market size was estimated at USD 2,088.1 million in 2022 and is projected to reach USD 5,897.7 million by 2030. North America accounted for 32.4% of the global online investment platform market in 2022.

The overall global fintech market, which encompasses many of SoFi's offerings, was valued at USD 394.88 billion in 2025 and is projected to be worth USD 1,760.18 billion by 2034. North America dominated the global fintech market with a share of 32.30% in 2025.

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SoFi Technologies (SOFI) is expected to drive future revenue growth over the next 2-3 years through several key initiatives across its integrated financial services platform:

Growing Membership and Cross-Product Adoption: SoFi emphasizes a "one-stop shop" strategy, aiming to attract new members and encourage existing members to utilize more of its diverse product offerings, including borrowing, saving, spending, and investing. This strategy is expected to drive increased product adoption and deepen member engagement. The company reported record new member additions in recent quarters, with total members exceeding 13.7 million by the end of 2025. Approximately 40% of new products in Q3 2025 were opened by existing SoFi members, demonstrating the effectiveness of cross-selling within its integrated model.
Expansion of Capital-Light, Fee-Based Revenue Streams: SoFi is strategically shifting towards a more diversified revenue mix by increasing its capital-light and fee-based income. This includes robust growth in its Financial Services segment from areas like interchange revenue, brokerage fees, and products such as SoFi Money, Relay, and Invest. Fee-based revenue across all segments reached a record $443 million in Q4 2025, reflecting a 53% year-over-year increase.
Growth of the Technology Platform and Loan Platform Business (LPB): The Technology Platform segment, which includes Galileo and Technisys, provides services to financial and non-financial institutions, generating recurring revenue from software and transaction services. While the segment saw a client transition off the platform in late 2025, management anticipates continued growth through monetization of existing clients and new deals. Additionally, the Loan Platform Business (LPB), where SoFi originates loans for third parties, is a significant contributor to fee-based revenue within the lending segment.
Sustained Performance and Originations in the Lending Segment: Despite diversification efforts, SoFi's core Lending segment, encompassing personal, student, and home loans, remains a substantial revenue driver. The company has reported strong origination volumes, with record total loan originations of $10.5 billion in Q4 2025, driven by personal loans, student loans, and a significant increase in home loans. This continued demand for its lending products is expected to contribute meaningfully to future revenue.

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Share Repurchases

SoFi Technologies has not reported any significant share repurchase activity over the last 3-5 years, with reported share buybacks being $0.00 as of March 2026.

Share Issuance

In December 2025, SoFi announced an underwritten public offering of approximately $1.5 billion in common stock, consisting entirely of new shares.
This offering was completed on January 5, 2026, with the sale of 57,754,660 shares at $27.50 per share, including shares sold through an underwriters' option.
Combined with a previous equity offering on July 29, 2025, SoFi generated $3.3 billion in gross proceeds by issuing 82.73 million shares in the first transaction and 57.75 million shares in the second. These capital raises in 2025 resulted in a dilution of shares by approximately 16% in six months.

Outbound Investments

SoFi acquired Technisys, a cloud-native, digital multi-product core banking platform, for approximately $1.1 billion in an all-stock deal (84 million shares) in February 2022. The acquisition was completed in March 2022 and was aimed at bolstering its technology platform and integrating with its Galileo business.
In March 2021, SoFi acquired Golden Pacific Bancorp Inc. for $22.3 million, which led to SoFi obtaining a national bank charter in 2022.
SoFi acquired Wyndham Capital Mortgage, an online platform for residential mortgage loans, in April 2023 for an undisclosed amount.

Capital Expenditures

SoFi's annual capital expenditures were $251.117 million in 2025, marking a 53.10% increase from the previous year.
Annual capital expenditures were $163.617 million in 2024 and $121.192 million in 2023.
Capital expenditures are broadly focused on investments in technology capabilities and the migration of infrastructure from on-premise to cloud.

Interactive Breakdown

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Better Bets vs. SoFi Technologies (SOFI)

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Latest Trefis Analyses

	Title	Date
0	DASHBOARDS
1	SOFI Stock Falls -25% With A 10-day Losing Spree On Analyst Price Cuts	02/06/2026
2	SOFI Stock Falls -20% In 9-day Spree On Analyst Price Target Cuts	02/05/2026
3	SOFI Stock Falls -17% With A 8-day Losing Spree On Post-Earnings Profit Taking	02/04/2026
4	SOFI Stock Falls -15% In 7-Day Spree On Valuation Fears Despite Record Earnings	02/03/2026
5	SOFI Stock Falls -13% In A 6-day Losing Spree On Dilution Fears	01/31/2026
6	How Low Can SoFi Technologies Stock Really Go?	10/17/2025
7	Day 7 of Gains Streak for SoFi Technologies Stock with 21% Return (vs. 39% YTD) [7/14/2025]	07/15/2025
8	SOFI Dip Buy Analysis	07/10/2025
9	SoFi Technologies (SOFI) Net Income Comparison	07/01/2025
10	SoFi Technologies (SOFI) Operating Cash Flow Comparison	07/01/2025
11	ARTICLES
12	SOFI Stock Falls -15% With A 7-day Losing Spree On Needham Target Cut	02/03/2026
13	SOFI Stock Falls -13% In 6-Day Spree On Client Loss Concerns	01/31/2026
14	What’s Happening With SoFi Technologies Stock?	01/07/2026
15	What’s Behind SoFi Stock’s 101% Surge?	12/05/2025
16	SOFI Stock Analysis: Strong Fundamentals At A Premium Valuation	11/18/2025

	Title
0	DASHBOARDS
1	SOFI Stock Falls -25% With A 10-day Losing Spree On Analyst Price Cuts
2	SOFI Stock Falls -20% In 9-day Spree On Analyst Price Target Cuts
3	SOFI Stock Falls -17% With A 8-day Losing Spree On Post-Earnings Profit Taking
4	SOFI Stock Falls -15% In 7-Day Spree On Valuation Fears Despite Record Earnings
5	SOFI Stock Falls -13% In A 6-day Losing Spree On Dilution Fears
6	How Low Can SoFi Technologies Stock Really Go?
7	Day 7 of Gains Streak for SoFi Technologies Stock with 21% Return (vs. 39% YTD) [7/14/2025]
8	SOFI Dip Buy Analysis
9	SoFi Technologies (SOFI) Net Income Comparison
10	SoFi Technologies (SOFI) Operating Cash Flow Comparison
11	ARTICLES
12	SOFI Stock Falls -15% With A 7-day Losing Spree On Needham Target Cut
13	SOFI Stock Falls -13% In 6-Day Spree On Client Loss Concerns
14	What’s Happening With SoFi Technologies Stock?
15	What’s Behind SoFi Stock’s 101% Surge?
16	SOFI Stock Analysis: Strong Fundamentals At A Premium Valuation

Trade Ideas

Select ideas related to SOFI.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
HBAN_3312026_Insider_Buying_45D_2Buy_200K	03312026	HBAN	Huntington Bancshares	Insider	Insider Buys 45DStrong Insider Buying Companies with multiple insider buys in the last 45 days	0.0%	0.0%	0.0%
NP_3312026_Insider_Buying_45D_2Buy_200K	03312026	NP	Neptune Insurance	Insider	Insider Buys 45DStrong Insider Buying Companies with multiple insider buys in the last 45 days	0.0%	0.0%	0.0%
JKHY_3272026_Monopoly_xInd_xCD_Getting_Cheaper	03272026	JKHY	Jack Henry & Associates	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	3.1%	3.1%	0.0%
MKTX_3202026_Dip_Buyer_FCFYield	03202026	MKTX	MarketAxess	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-5.2%	-5.2%	-5.7%
RYAN_3202026_Insider_Buying_GTE_1Mil_EBITp+DE_V2	03202026	RYAN	Ryan Specialty	Insider	Insider Buys \| Low D/EStrong Insider Buying Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap	-2.7%	-2.7%	-8.5%
SOFI_3312022_Insider_Buying_45D_2Buy_200K	03312022	SOFI	SoFi Technologies	Insider	Insider Buys 45DStrong Insider Buying Companies with multiple insider buys in the last 45 days	-48.8%	-35.8%	-54.5%

Recent Active Movers

Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
CAR	Avis Budget	9.0	20.0%	98.8%
ALHC	Alignment Healthcare	4.4	16.0%	9.7%
BETR	Better Home & Finance	0.7	11.1%	37.6%
ELVN	Enliven Therapeutics	2.7	10.8%	180.3%
HTZ	Hertz Global	1.8	10.7%	14.4%
PSKY	Paramount Skydance	7.4	10.7%	-18.2%
BKSY	BlackSky Technology	1.2	10.1%	81.6%
AAOI	Applied Optoelectronics	8.3	9.5%	237.5%
UNH	UnitedHealth	279.4	9.4%	-6.1%
REPX	Riley Exploration Permian	0.8	8.6%	53.7%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PLSE	Pulse Biosciences	1.4	-13.0%	45.4%
MANE	Veradermics	1.1	-11.1%	50.2%
GCT	GigaCloud Technology	1.5	-10.0%	4.4%
SMR	NuScale Power	2.9	-9.9%	-35.4%
AXON	Axon Enterprise	29.5	-9.7%	-34.3%
ESPR	Esperion Therapeutics	0.5	-9.4%	-37.6%
NN	NextNav	2.0	-9.3%	-9.5%
GEVO	Gevo	0.5	-9.2%	-1.5%
REPL	Replimune	0.7	-8.7%	-19.8%
BOBS	Bobs Discount Furniture	1.4	-8.2%	-38.4%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
APLS	Apellis Pharmaceuticals	5.2	138.2%	62.0%
CAR	Avis Budget	9.0	88.2%	98.8%
SLNO	Soleno Therapeutics	2.8	72.0%	13.1%
AEHR	Aehr Test Systems	1.5	66.9%	148.9%
BKSY	BlackSky Technology	1.2	55.4%	81.6%
FLY	Firefly Aerospace	5.7	50.6%	59.0%
TH	Target Hospitality	1.4	48.4%	71.4%
RLAY	Relay Therapeutics	2.3	44.2%	59.3%
SATL	Satellogic	0.9	39.8%	271.7%
LUNR	Intuitive Machines	2.7	39.0%	40.0%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TE	T1 Energy	0.6	-30.1%	-41.2%
GEVO	Gevo	0.5	-29.0%	-1.5%
ORIC	ORIC Pharmaceuticals	0.9	-27.2%	8.4%
VRDN	Viridian Therapeutics	1.3	-24.7%	-55.1%
PHR	Phreesia	0.5	-20.6%	-46.5%
SOC	Sable Offshore	1.7	-19.6%	59.1%
TPB	Turning Point Brands	1.4	-17.0%	-33.9%
NKE	Nike	63.2	-16.7%	-32.5%
GTN-A	Gray Media	1.1	-15.3%	-10.2%
AESI	Atlas Energy Solutions	1.4	-14.5%	19.3%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
CAR	Avis Budget	9.0	161.7%	98.8%
SATL	Satellogic	0.9	124.9%	271.7%
APLS	Apellis Pharmaceuticals	5.2	102.8%	62.0%
LWLG	Lightwave Logic	1.1	95.5%	153.4%
ORKA	Oruka Therapeutics	3.3	83.8%	99.9%
FLY	Firefly Aerospace	5.7	80.3%	59.0%
TH	Target Hospitality	1.4	75.4%	71.4%
KODK	Eastman Kodak	1.1	69.1%	33.7%
FBYD	Falcons Beyond Global	0.4	68.9%	-20.8%
KOD	Kodiak Sciences	2.2	68.1%	49.5%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
VRDN	Viridian Therapeutics	1.3	-50.7%	-55.1%
WVE	WAVE Life Sciences	1.3	-45.9%	-58.2%
BUR	Burford Capital	1.0	-41.6%	-49.1%
TE	T1 Energy	0.6	-41.5%	-41.2%
ADMA	ADMA Biologics	2.2	-39.8%	-49.2%
BOBS	Bobs Discount Furniture	1.4	-39.4%	-38.4%
LMRI	Lumexa Imaging	0.9	-39.1%	-51.2%
FRMI	Fermi	2.9	-38.3%	-38.2%
MAZE	Maze Therapeutics	1.3	-36.8%	-31.6%
ORIC	ORIC Pharmaceuticals	0.9	-35.3%	8.4%

Peer Comparisons

Peers to compare with:

Financials

	SOFI	PYPL	ALLY	HOOD	SCHW	LC	Median
Name	SoFi Tec.	PayPal	Ally Fin.	Robinhoo.	Charles .	LendingC.
Mkt Price	16.11	44.87	40.29	69.65	93.34	14.50	42.58
Mkt Cap	19.7	41.8	12.5	62.5	165.3	1.7	30.8
Rev LTM	3,613	33,172	8,770	4,473	23,921	999	6,622
Op Inc LTM	-	6,396	-	2,096	-	-	4,246
FCF LTM	-3,994	5,564	-546	1,584	8,763	-2,867	519
FCF 3Y Avg	-4,208	5,517	773	846	9,900	-2,251	810
CFO LTM	-3,742	6,416	3,729	1,638	9,311	-2,727	2,684
CFO 3Y Avg	-4,030	6,236	4,271	887	10,523	-2,166	2,579

Growth & Margins

	SOFI	PYPL	ALLY	HOOD	SCHW	LC	Median
Name	SoFi Tec.	PayPal	Ally Fin.	Robinhoo.	Charles .	LendingC.
Rev Chg LTM	38.3%	4.3%	-1.4%	51.6%	22.0%	26.9%	24.5%
Rev Chg 3Y Avg	32.1%	6.4%	-1.7%	49.0%	5.6%	-3.1%	6.0%
Rev Chg Q	39.6%	3.7%	5.4%	26.5%	18.9%	22.7%	20.8%
QoQ Delta Rev Chg LTM	8.8%	0.9%	1.4%	6.4%	4.4%	5.2%	4.8%
Op Mgn LTM	-	19.3%	-	46.9%	-	-	33.1%
Op Mgn 3Y Avg	-	18.0%	-	18.1%	-	-	18.1%
QoQ Delta Op Mgn LTM	-	0.1%	-	-0.8%	-	-	-0.3%
CFO/Rev LTM	-103.6%	19.3%	42.5%	36.6%	38.9%	-273.0%	28.0%
CFO/Rev 3Y Avg	-163.1%	19.7%	47.9%	31.5%	52.2%	-246.4%	25.6%
FCF/Rev LTM	-110.5%	16.8%	-6.2%	35.4%	36.6%	-287.1%	5.3%
FCF/Rev 3Y Avg	-169.4%	17.4%	8.5%	30.2%	49.1%	-255.7%	13.0%

Valuation

	SOFI	PYPL	ALLY	HOOD	SCHW	LC	Median
Name	SoFi Tec.	PayPal	Ally Fin.	Robinhoo.	Charles .	LendingC.
Mkt Cap	19.7	41.8	12.5	62.5	165.3	1.7	30.8
P/S	5.5	1.3	1.4	14.0	6.9	1.7	3.6
P/EBIT	-	6.2	-	29.8	-	-	18.0
P/E	41.0	8.0	14.7	33.2	18.7	12.3	16.7
P/CFO	-5.3	6.5	3.4	38.2	17.8	-0.6	4.9
Total Yield	2.4%	12.5%	9.8%	3.0%	5.4%	8.1%	6.7%
Dividend Yield	0.0%	0.0%	3.0%	0.0%	0.0%	0.0%	0.0%
FCF Yield 3Y Avg	-32.3%	8.2%	7.6%	3.8%	7.2%	-134.3%	5.5%
D/E	0.1	0.2	1.7	0.2	0.2	0.0	0.2
Net D/E	-0.3	-0.0	-0.6	0.0	-0.5	-0.5	-0.4

Returns

	SOFI	PYPL	ALLY	HOOD	SCHW	LC	Median
Name	SoFi Tec.	PayPal	Ally Fin.	Robinhoo.	Charles .	LendingC.
1M Rtn	-14.8%	-4.5%	5.8%	-9.7%	-2.0%	-1.2%	-3.2%
3M Rtn	-40.3%	-24.8%	-13.8%	-42.8%	-9.6%	-27.4%	-26.1%
6M Rtn	-42.8%	-39.5%	2.4%	-52.0%	-0.1%	-5.8%	-22.7%
12M Rtn	63.4%	-22.9%	32.7%	96.7%	34.9%	64.2%	49.1%
3Y Rtn	180.2%	-39.8%	71.7%	595.8%	97.6%	114.8%	106.2%
1M Excs Rtn	-12.9%	-2.6%	7.7%	-7.8%	-0.2%	0.7%	-1.4%
3M Excs Rtn	-40.8%	-20.0%	-8.8%	-39.4%	-5.6%	-24.3%	-22.1%
6M Excs Rtn	-34.7%	-33.4%	4.7%	-51.7%	1.3%	-0.3%	-16.8%
12M Excs Rtn	28.8%	-49.5%	3.4%	59.4%	3.6%	31.2%	16.2%
3Y Excs Rtn	118.3%	-102.7%	14.6%	572.9%	22.5%	41.2%	31.9%

Comparison Analyses

	Title
0	SOFI Could Deliver 50% Returns And Outperform XYZ

FDIC Bank Data

Bank Capital

FDIC Data As Of	3312023
CAPITAL
Equity Total Capital ($ Bil)	1
Tier 1 (Core) Capital ($ Bil)	1
ASSETS
Total Assets ($ Bil)	13
Adjusted Average Assets ($ Bil)	10
Risk Weighted Assets Adjusted ($ Bil)	11
LEVERAGE RATIOS
Tier 1 Capital / Total Assets Ratio	10.9%
Tier 1 Capital / Adjusted Avg Assets Ratio	13.8%
Tier 1 Capital / Risk Wtd Assets Ratio	13.3%

Bank Deposits

FDIC Data As Of	3312023
DEPOSITS
Total Deposits ($ Bil)	10
Uninsured Deposits ($ Bil)	1
Uninsured Deposits Ratio %	5.6%

Bank Assets

FDIC Data As Of	3312023
ASSETS
Cash Balance ($ Bil)	2
Securities ($ Bil)	0
Net Loans ($ Bil)	10
Trading Assets ($ Bil)	0
Bank Premises Assets ($ Bil)	0
Other Real Estate Owned ($ Bil)	0
Goodwill & Intangibles ($ Bil)	0
Other Assets ($ Bil)	0
Total Assets (Sum) ($ Bil)	13
Total Assets (Reported) ($ Bil)	13
Risk Weighted Assets ($ Bil)	11
SECURITIES DETAILS
US Govt Securities ($ Bil)	0
Equity Securities Not Held for Trading ($ Bil)	0
Total Debt Securities ($ Bil)	0
Mortgage-Backed Securities ($ Bil)	0
SECURITIES VALUATION
Securities Held to Maturity (Book Value) ($ Bil)	0
Securities Available for Sale (Fair Market) ($ Bil)	0

Bank Loans

FDIC Data As Of	3312023
LOAN DETAILS
All Real Estate Loans ($ Bil)	0
Farm Loans ($ Bil)	0
Commercial and Industrial Loans ($ Bil)	0
Loans to Individuals (CC, revolving credit, auto, other) (non-mortgage) ($ Bil)	10
Commercial Real Estate Loans not Secured by Real Estate ($ Bil)	0
Commercial Real Estate Owner-Occupied ($ Bil)	0
Commercial Real Estate Other Non-Farm Non-Residential ($ Bil)	0
Total Net Loans ($ Bil)	10

FDA Approved Drugs Data

Expand for Morenull

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2025	2024	2023	2022	2021	2020
Period End	12/31/2025	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Filing Date	2/17/2026	2/17/2026	2/24/2025	2/27/2024	3/1/2023	3/1/2022	5/27/2021
Key Financials
Total Revenue	3,613	3,613	2,612	2,108	1,574	985	566
Net Income	481	481	499	-301	-320	-484	-224
EPS	0.41	0.42	0.46	-0.36	-0.40	-1.00	-2.73
Growth Rates
Total Revenue Growth	38.3%	38.3%	23.9%	34.0%	59.8%	74.1%	27.8%
Net Income Growth	-3.5%	-3.5%	265.8%	6.1%	33.8%	-116.0%	6.5%
Margins
Net Income Margin	13.3%	13.3%	19.1%	-14.3%	-20.4%	-49.1%	-39.6%
Cash & Debt
Total Cash	7,360	7,360	4,342	3,586	1,461	690	873
Total Debt	1,935	1,935	3,204	5,363	5,634	4,195	5,057
Net Debt / (Cash)	-5,426	-5,426	-1,138	1,777	4,173	3,505	4,184
Cash Flows
Net Cash from Operations	-3,742	-3,742	-1,120	-7,227	-7,256	-1,350	-479
Free Cash from Operations	-3,994	-3,994	-1,283	-7,348	-7,360	-1,402	-504
Returns to Shareholders
Dividends	0	-0	17	40	40	40	41
Share Repurchases	-0	-0	323	-0	-0	283	0

$ Mil \| FY: 12/31	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1
Period End	12/31/2025	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023
Filing Date	2/17/2026	11/6/2025	8/7/2025	5/6/2025	2/24/2025	11/7/2024	8/6/2024	5/7/2024	2/27/2024	11/8/2023	8/8/2023	5/10/2023
Key Financials Quarterly
Total Revenue	1,025	962	855	772	734	694	599	586	601	537	498	472
Net Income	174	139	97	71	332	61	17	88	48	-267	-48	-34
EPS	0.14	0.12	0.09	0.06	0.31	0.06	0.01	0.08	0.04	-0.29	-0.06	-0.05
Key Financials TTM
Total Revenue TTM	3,613	3,322	3,055	2,798	2,612	2,479	2,322	2,222	2,108	1,964	1,851	1,715
Net Income TTM	481	640	562	482	499	214	-113	-178	-301	-389	-196	-244
Growth Rates Quarterly
Total Revenue Growth	39.6%	38.6%	42.8%	31.7%	22.2%	29.1%	20.2%	24.1%	31.6%	26.7%	37.4%	42.9%
Net Income Growth	-47.8%	129.5%	458.9%	-19.2%	593.9%	122.8%	136.6%	355.8%	219.8%	-259.4%	50.4%	68.8%
Margins Quarterly
Net Income Margin	16.9%	14.5%	11.4%	9.2%	45.3%	8.8%	2.9%	15.0%	8.0%	-49.6%	-9.5%	-7.3%
Cash & Debt
Total Cash	7,360	5,640	4,389	4,239	4,342	3,833	3,779	4,532	3,586	3,191	3,255	2,495
Total Debt	1,935	2,807	4,035	3,140	3,204	3,282	3,208	3,001	5,363	6,365	6,611	6,256
Net Debt / (Cash)	-5,426	-2,832	-354	-1,099	-1,138	-551	-571	-1,531	1,777	3,174	3,356	3,760
Cash Flows Quarterly
FCF from Operations	-991	-1,306	-1,467	22	-200	-1,174	-484	738	-248	-2,687	-2,080	-2,213
Cash Flows TTM
FCF from Operations TTM	-3,742	-2,951	-2,819	-1,837	-1,120	-1,168	-2,681	-4,276	-7,227	-9,398	-9,592	-8,457
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-2	2	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	11.8%	8.0%	5.1%	4.2%	3.6%	3.4%	0.9%	5.6%	2.1%	-10.3%	-1.8%	-1.3%
Return on Invested Capital (ROIC) TTM
ROIC TTM	8.2%	5.8%	4.1%	3.2%	3.5%	3.0%	-1.5%	-2.7%	-3.3%	-3.7%	-1.9%	-2.3%

Segment Financials

Revenue by Segment

$ Mil	2025	2024	2023	2022	2021
Lending	1,485	1,371	1,140	738	481
Financial Services	822	437	168	58	12
Technology Platform	395	352	315	195	96
Corporate/Other	-27	-37	-49	-6	-24
Total	2,675	2,123	1,574	985	566

Price Behavior

Price Behavior

Market Price	$16.11
Market Cap ($ Bil)	19.7
First Trading Date	11/30/2020
Distance from 52W High	-50.0%
	50 Days	200 Days
DMA Price	$18.96	$23.82
DMA Trend	up	down
Distance from DMA	-15.0%	-32.4%
	3M	1YR
Volatility	43.6%	57.7%
Downside Capture	1.56	1.42
Upside Capture	57.94	228.45
Correlation (SPY)	45.2%	65.1%

SOFI Betas & Captures as of 3/31/2026

	1M	2M	3M	6M	1Y	3Y
Beta	0.98	2.05	1.80	2.90	2.18	2.34
Up Beta	-1.43	2.52	2.27	3.24	2.05	1.98
Down Beta	1.65	1.14	1.40	2.62	2.32	2.33
Up Capture	39%	130%	70%	294%	445%	6033%
Bmk +ve Days	7	16	27	65	139	424
Stock +ve Days	8	14	21	56	127	377
Down Capture	121%	265%	239%	232%	152%	113%
Bmk -ve Days	12	23	33	58	110	323
Stock -ve Days	14	28	42	70	123	368

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Based On 1-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with SOFI
SOFI	42.8%	58.3%	0.83	-
Sector ETF (XLF)	5.7%	18.6%	0.16	58.0%
Equity (SPY)	21.3%	18.3%	0.94	67.7%
Gold (GLD)	51.9%	28.0%	1.49	9.0%
Commodities (DBC)	20.3%	17.2%	1.02	26.2%
Real Estate (VNQ)	6.9%	16.1%	0.23	35.2%
Bitcoin (BTCUSD)	-17.5%	44.0%	-0.31	43.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 5-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with SOFI
SOFI	-1.7%	67.1%	0.25	-
Sector ETF (XLF)	9.6%	18.7%	0.40	42.7%
Equity (SPY)	11.7%	17.0%	0.53	52.2%
Gold (GLD)	22.5%	17.8%	1.04	8.0%
Commodities (DBC)	12.0%	18.8%	0.52	12.5%
Real Estate (VNQ)	3.4%	18.8%	0.09	40.3%
Bitcoin (BTCUSD)	3.1%	56.5%	0.28	29.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 10-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with SOFI
SOFI	3.8%	72.3%	0.39	-
Sector ETF (XLF)	12.6%	22.2%	0.52	38.6%
Equity (SPY)	13.9%	17.9%	0.67	48.6%
Gold (GLD)	13.9%	15.9%	0.73	7.8%
Commodities (DBC)	8.4%	17.6%	0.40	11.3%
Real Estate (VNQ)	4.9%	20.7%	0.20	35.8%
Bitcoin (BTCUSD)	66.6%	66.8%	1.06	27.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date	3132026
Short Interest: Shares Quantity	139.7 Mil
Short Interest: % Change Since 2282026	8.8%
Average Daily Volume	66.6 Mil
Days-to-Cover Short Interest	2.1 days
Basic Shares Quantity	1,223.5 Mil
Short % of Basic Shares	11.4%

Returns Analyses

	Title
0	How Low Can SoFi Technologies Stock Really Go?

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
1/30/2026	-6.4%	-20.1%	-24.5%
10/28/2025	5.5%	2.1%	-5.6%
7/29/2025	6.6%	3.8%	21.9%
4/29/2025	0.5%	-2.6%	0.9%
1/27/2025	-10.3%	-11.9%	-22.3%
10/29/2024	-6.4%	-2.5%	38.4%
7/30/2024	1.2%	-10.8%	6.0%
4/29/2024	-10.5%	-11.6%	-12.5%
...
SUMMARY STATS
# Positive	13	8	8
# Negative	6	11	11
Median Positive	5.5%	9.5%	13.7%
Median Negative	-10.4%	-11.6%	-12.8%
Max Positive	28.4%	34.3%	38.4%
Max Negative	-14.1%	-20.8%	-26.5%

	Forward Returns
1/30/2026	-6.4%	-20.1%	-24.5%
10/28/2025	5.5%	2.1%	-5.6%
7/29/2025	6.6%	3.8%	21.9%
4/29/2025	0.5%	-2.6%	0.9%
1/27/2025	-10.3%	-11.9%	-22.3%
10/29/2024	-6.4%	-2.5%	38.4%
7/30/2024	1.2%	-10.8%	6.0%
4/29/2024	-10.5%	-11.6%	-12.5%
1/29/2024	20.2%	3.4%	20.1%
10/30/2023	1.0%	16.6%	6.8%
7/31/2023	19.9%	-0.5%	-13.8%
5/1/2023	-12.2%	-17.2%	-3.2%
1/30/2023	12.5%	25.6%	11.1%
11/1/2022	5.3%	-4.8%	-11.2%
8/2/2022	28.4%	15.3%	-7.6%
5/10/2022	4.6%	34.3%	16.4%
3/1/2022	3.4%	-13.2%	-12.8%
11/10/2021	12.5%	3.4%	-26.5%
8/12/2021	-14.1%	-20.8%	-14.0%
SUMMARY STATS
# Positive	13	8	8
# Negative	6	11	11
Median Positive	5.5%	9.5%	13.7%
Median Negative	-10.4%	-11.6%	-12.8%
Max Positive	28.4%	34.3%	38.4%
Max Negative	-14.1%	-20.8%	-26.5%

SEC Filings

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Report Date	Filing Date	Filing
12/31/2025	02/17/2026	10-K
09/30/2025	11/06/2025	10-Q
06/30/2025	08/07/2025	10-Q
03/31/2025	05/06/2025	10-Q
12/31/2024	02/24/2025	10-K
09/30/2024	11/07/2024	10-Q
06/30/2024	08/06/2024	10-Q
03/31/2024	05/07/2024	10-Q
12/31/2023	02/27/2024	10-K
09/30/2023	11/08/2023	10-Q
06/30/2023	08/08/2023	10-Q
03/31/2023	05/10/2023	10-Q
12/31/2022	03/01/2023	10-K
09/30/2022	11/09/2022	10-Q
06/30/2022	08/09/2022	10-Q
03/31/2022	05/10/2022	10-Q

Recent Forward Guidance [BETA]

Latest: Q4 2025 Earnings Reported 1/30/2026

Forward Guidance				Guidance Change
Metric	Low	Mid	High	% Chg	% Delta	Change	Prior
Q1 2026 Adjusted Net Revenue		1.04 Bil
Q1 2026 Adjusted EBITDA		300.00 Mil
Q1 2026 Adjusted Net Income		160.00 Mil
Q1 2026 Adjusted EPS		0.12
2026 Total Members Growth		30.0%
2026 Adjusted Net Revenue		4.66 Bil		31.5%		Higher New	Guidance: 3.54 Bil for 2025
2026 Adjusted EBITDA		1.60 Bil		54.6%		Higher New	Guidance: 1.03 Bil for 2025
2026 Adjusted Net Income		825.00 Mil		81.3%		Higher New	Guidance: 455.00 Mil for 2025
2026 Adjusted EPS		0.6		62.2%		Higher New	Guidance: 0.37 for 2025

Prior: Q3 2025 Earnings Reported 10/28/2025

Forward Guidance				Guidance Change
Metric	Low	Mid	High	% Chg	% Delta	Change	Prior
2025 New Members		3.50 Mil		16.7%		Raised	Guidance: 3.00 Mil for 2025
2025 Adjusted Net Revenue		3.54 Bil		4.9%		Raised	Guidance: 3.38 Bil for 2025
2025 Adjusted EBITDA		1.03 Bil		7.8%		Raised	Guidance: 960.00 Mil for 2025
2025 Adjusted Net Income		455.00 Mil		23.0%		Raised	Guidance: 370.00 Mil for 2025
2025 Adjusted EPS		0.37		19.4%		Raised	Guidance: 0.31 for 2025
2025 Tangible Book Value Growth		2.5E11%

Insider Activity

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#	Owner	Title	Holding	Action	Filing Date	Price	Shares	Transacted Value	Value of Held Shares	Form
1	Keough, Kelli	EVP, GBUL, SIPS	Direct	Sell	12232025	27.14	9,468	256,948	8,492,971	Form
2	Rishel, Jeremy	Chief Technology Officer	Direct	Sell	12222025	26.64	91,837	2,446,538	21,168,090	Form
3	Pinto, Arun	Chief Risk Officer	Direct	Sell	11212025	24.76	46,132	1,142,219	3,426,657	Form
4	Keough, Kelli	EVP, GBUL, SIPS	Direct	Sell	11212025	26.43	10,340	273,296	7,005,087	Form
5	Keough, Kelli	EVP, GBUL, SIPS	Direct	Sell	10222025	28.33	10,036	284,277	7,800,161	Form

SOFI Trade Sentinel

Stock Conviction

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CONVICTION RATIONALE

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STOCK ARCHETYPE

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INVESTMENT THESIS

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Mechanism: null

Supporting Evidence:

PRIMARY RISK

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Mechanism: null

Supporting Evidence:

Key KPI Watchlist

KPI	Threshold	Rationale

Core Investment Debate

BULL VIEW

CORE TENSION

PREVAILING SENTIMENT

BEAR VIEW

Next 6 months: Risks and Catalysts

Timeline	Event & Metric To Watch

Key Events in Last 6 Months

Date	Event	Stock Impact

Risk Management

Position Sizing

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Diversification Alternatives

How Is The Market Pricing SOFI?

What will confirm the thesis

What will damage the thesis

Noise: Real but irrelevant to thesis

Repricing Catalyst

What SOFI Makes & Who Pays

TTM figures based on

SOFI Evolution: Price Return by Era

① Structure

② Volume / Momentum

③ Catalyst

Combined Score

0 / 12

1 Price Structure & Trend · ▾

2 Momentum ▾

3 Relative Strength vs. SPY ▾

4 Institutional Footprint & Volume ▾

5 Volatility ▾

6 Key Price Levels Range · Vol ▾

7 Earnings Reaction History ▾

8 How the Verdict Is Derived Three Pillars ▾

Pillar	Score
① Structure	0
② Vol / Mom	0
③ Catalyst	0

ℹ Bull Pillars: 0 · Bear Pillars: 0 · Combined Score: 0 →

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Federal Reserve Economic Data

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0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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SoFi Technologies (SOFI)

Market Price (4/8/2026): $17.2 | Market Cap: $21.0 BilSector: Financials | Industry: Consumer Finance

SoFi Technologies (SOFI)

Market Price (4/8/2026): $17.2Market Cap: $21.0 BilSector: FinancialsIndustry: Consumer Finance

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

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About SoFi Technologies (SOFI)

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CONVICTION RATIONALE

STOCK ARCHETYPE

INVESTMENT THESIS

PRIMARY RISK

BULL VIEW

CORE TENSION

PREVAILING SENTIMENT

Market Price (4/8/2026): $17.2 | Market Cap: $21.0 Bil
Sector: Financials | Industry: Consumer Finance

Market Price (4/8/2026): $17.2
Market Cap: $21.0 Bil
Sector: Financials
Industry: Consumer Finance