SoFi Technologies Past Earnings Performance
Past criteria checks 3/6
SoFi Technologies has been growing earnings at an average annual rate of 17.5%, while the Consumer Finance industry saw earnings growing at 11.7% annually. Revenues have been growing at an average rate of 35.3% per year. SoFi Technologies's return on equity is 3.5%, and it has net margins of 7.3%.
Key information
17.5%
Earnings growth rate
72.3%
EPS growth rate
| Consumer Finance Industry Growth | 9.8% |
| Revenue growth rate | 35.3% |
| Return on equity | 3.5% |
| Net Margin | 7.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How SoFi Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 2,519 | 184 | 1,857 | 0 |
| 30 Jun 24 | 2,343 | -153 | 1,790 | 0 |
| 31 Mar 24 | 2,242 | -219 | 1,769 | 0 |
| 31 Dec 23 | 2,068 | -341 | 1,742 | 0 |
| 30 Sep 23 | 1,906 | -429 | 1,692 | 0 |
| 30 Jun 23 | 1,799 | -237 | 1,654 | 0 |
| 31 Mar 23 | 1,666 | -285 | 1,581 | 0 |
| 31 Dec 22 | 1,519 | -361 | 1,505 | 0 |
| 30 Sep 22 | 1,358 | -432 | 1,426 | 0 |
| 30 Jun 22 | 1,220 | -388 | 1,256 | 0 |
| 31 Mar 22 | 1,099 | -457 | 1,202 | 0 |
| 31 Dec 21 | 977 | -524 | 1,174 | 0 |
| 30 Sep 21 | 868 | -549 | 1,056 | 0 |
| 30 Jun 21 | 799 | -561 | 1,020 | 0 |
| 31 Mar 21 | 683 | -388 | 865 | 0 |
| 31 Dec 20 | 566 | -317 | 715 | 0 |
| 30 Sep 20 | 458 | -305 | 653 | 0 |
| 31 Dec 19 | 443 | -264 | 564 | 0 |
| 31 Dec 18 | 269 | -252 | 434 | 0 |
| 31 Dec 17 | 507 | 49 | 381 | 0 |
Quality Earnings: SOFI * has high quality earnings.
Growing Profit Margin: SOFI * became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SOFI * has become profitable over the past 5 years, growing earnings by 17.5% per year.
Accelerating Growth: SOFI * has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SOFI * has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Finance industry (10.2%).
Return on Equity
High ROE: SOFI *'s Return on Equity (3.5%) is considered low.