SoFi Technologies annual r&d spending
2019
2020
2021
2022
2023
2024
2025
SoFi Technologies R&D Spending Growth & History (SOFI)
SoFi Technologies's r&d spending was $648.3M for fiscal 2025.
View full SoFi Technologies company overviewSoFi Technologies annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $648.3M | $96.5M | +17.50% |
| 2024 | 2024-12-31 | $551.8M | $40.4M | +7.89% |
| 2023 | 2023-12-31 | $511.4M | $106.2M | +26.20% |
| 2022 | 2022-12-31 | $405.3M | $129.2M | +46.79% |
| 2021 | 2021-12-31 | $276.1M | $74.9M | +37.22% |
| 2020 | 2020-12-31 | $201.2M | $53.7M | +36.44% |
| 2019 | 2019-12-31 | $147.5M | — | — |
SoFi Technologies quarterly r&d spending
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 | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $191.3M | $39.1M | +25.72% |
| Q1 2026 | 2026-03-31 | $187.7M | $31.5M | +20.15% |
| Q4 2025 | 2025-12-31 | $172.8M | $23.9M | +16.01% |
| Q3 2025 | 2025-09-30 | $167.1M | $27.4M | +19.63% |
| Q2 2025 | 2025-06-30 | $152.1M | $20.0M | +15.12% |
| Q1 2025 | 2025-03-31 | $156.2M | $25.3M | +19.31% |
| Q4 2024 | 2024-12-31 | $149.0M | $7.2M | +5.06% |
| Q3 2024 | 2024-09-30 | $139.7M | $14.0M | +11.15% |
| Q2 2024 | 2024-06-30 | $132.2M | $5.3M | +4.20% |
| Q1 2024 | 2024-03-31 | $130.9M | $13.9M | +11.84% |
| Q4 2023 | 2023-12-31 | $141.8M | $28.5M | +25.19% |
| Q3 2023 | 2023-09-30 | $125.7M | $15.0M | +13.55% |
| Q2 2023 | 2023-06-30 | $126.8M | $27.5M | +27.65% |
| Q1 2023 | 2023-03-31 | $117.1M | $35.2M | +42.92% |
| Q4 2022 | 2022-12-31 | $113.3M | $47.0M | +70.82% |
| Q3 2022 | 2022-09-30 | $110.7M | $36.3M | +48.73% |
| Q2 2022 | 2022-06-30 | $99.4M | $30.0M | +43.20% |
| Q1 2022 | 2022-03-31 | $81.9M | $16.0M | +24.20% |
| Q4 2021 | 2021-12-31 | $66.3M | — | — |
| Q3 2021 | 2021-09-30 | $74.4M | $19.0M | +34.29% |
| Q2 2021 | 2021-06-30 | $69.4M | $21.6M | +45.07% |
| Q1 2021 | 2021-03-31 | $65.9M | — | — |
| Q3 2020 | 2020-09-30 | $55.4M | — | — |
| Q2 2020 | 2020-06-30 | $47.8M | — | — |
SoFi Technologies r&d spending trends
Over the last five fiscal years, SoFi Technologies's r&d spending increased from $201.2M to $648.3M, a change of $447.1M. The latest reported quarter, Q2 2026, shows $191.3M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review SoFi Technologies source filings ↗