SoFi Technologies annual operating expenses
2019
2020
2021
2022
2023
2024
2025
SoFi Technologies Operating Expenses Growth & History (SOFI)
SoFi Technologies's operating expenses was $3.06B for fiscal 2025.
View full SoFi Technologies company overviewSoFi Technologies annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.06B | $647.4M | +26.86% |
| 2024 | 2024-12-31 | $2.41B | $40.8M | +1.72% |
| 2023 | 2023-12-31 | $2.37B | $531.1M | +28.90% |
| 2022 | 2022-12-31 | $1.84B | $371.9M | +25.37% |
| 2021 | 2021-12-31 | $1.47B | $572.0M | +63.98% |
| 2020 | 2020-12-31 | $894.1M | $211.8M | +31.04% |
| 2019 | 2019-12-31 | $682.3M | — | — |
SoFi Technologies quarterly operating expenses
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.00B | $267.9M | +36.56% |
| Q1 2026 | 2026-03-31 | $891.9M | $205.6M | +29.96% |
| Q4 2025 | 2025-12-31 | $834.3M | $167.0M | +25.02% |
| Q3 2025 | 2025-09-30 | $803.9M | $176.6M | +28.15% |
| Q2 2025 | 2025-06-30 | $732.7M | $161.1M | +28.18% |
| Q1 2025 | 2025-03-31 | $686.3M | $142.7M | +26.25% |
| Q4 2024 | 2024-12-31 | $667.3M | $158.0M | +31.03% |
| Q3 2024 | 2024-09-30 | $627.3M | −$176.9M | −22.00% |
| Q2 2024 | 2024-06-30 | $571.6M | $24.3M | +4.44% |
| Q1 2024 | 2024-03-31 | $543.6M | $35.4M | +6.96% |
| Q4 2023 | 2023-12-31 | $509.3M | $68.0M | +15.41% |
| Q3 2023 | 2023-09-30 | $804.1M | $305.7M | +61.33% |
| Q2 2023 | 2023-06-30 | $547.3M | $89.1M | +19.44% |
| Q1 2023 | 2023-03-31 | $508.2M | $68.3M | +15.52% |
| Q4 2022 | 2022-12-31 | $441.3M | $46.2M | +11.70% |
| Q3 2022 | 2022-09-30 | $498.4M | $196.6M | +65.12% |
| Q2 2022 | 2022-06-30 | $458.2M | $61.6M | +15.52% |
| Q1 2022 | 2022-03-31 | $439.9M | $67.5M | +18.12% |
| Q4 2021 | 2021-12-31 | $395.1M | — | — |
| Q3 2021 | 2021-09-30 | $301.9M | $58.4M | +23.99% |
| Q2 2021 | 2021-06-30 | $396.7M | $189.8M | +91.71% |
| Q1 2021 | 2021-03-31 | $372.4M | — | — |
| Q3 2020 | 2020-09-30 | $243.5M | — | — |
| Q2 2020 | 2020-06-30 | $206.9M | — | — |
SoFi Technologies operating expenses trends
Over the last five fiscal years, SoFi Technologies's operating expenses increased from $894.1M to $3.06B, a change of $2.16B. The latest reported quarter, Q2 2026, shows $1.00B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review SoFi Technologies source filings ↗