SoFi Technologies, Inc.
SOFIUSSoFi Technologies, Inc. specializes in delivering a wide array of online financial solutions. The company's business is structured across three main divisions: Lending, Technology Platform, and Financial Services. Through its diverse offerings, SoFi empowers its members to manage their money comprehensively, facilitating borrowing, saving, spending, investing, and asset protection. Its lending portfolio includes student loans, personal loans for various needs like debt consolidation or home improvements, and home mortgages. Furthermore, SoFi provides services for cash management and investment, complemented by its robust technology services. This technology segment features Galileo, a platform serving both financial and non-financial institutions; Apex, a technology-driven platform for investment custody and clearing brokerage; and Technisys, a cutting-edge, cloud-native core banking platform designed for multiple products. Established in 2011, SoFi Technologies, Inc. is based in San Francisco, California.
Enterprise value over trailing (LTM) vs. forward (NTM) fundamentals. Click an LTM cell to chart it.
- Sector
- Fintech
- Sub-sector
- Banking & Lending Technology
- Listing
- SOFI
- Country
- US
Annual financials & analyst forecasts
| $M | CY2021 | CY2022 | CY2023 | CY2024 | CY2025 | CY2026E | CY2027E |
|---|---|---|---|---|---|---|---|
| Revenue YoY | — | 62% | 64% | 28% | 29% | 1% | 23% |
| Revenue | $1.09B | $1.76B | $2.90B | $3.70B | $4.77B | $4.84B | $5.95B |
| Gross Profit | $977M | $1.52B | $2.05B | $2.58B | $3.58B | — | — |
| Gross Profit Margin | 89.9% | 86.2% | 70.9% | 69.7% | 75.1% | — | — |
| EBITDA | ($380M) | ($167M) | ($100M) | $437M | $760M | $2.56B | $3.15B |
| EBITDA Margin | -34.9% | -9.5% | -3.4% | 11.8% | 15.9% | 53.0% | 53.0% |
| EBIT | ($481M) | ($319M) | ($301M) | $233M | $526M | $2.47B | $3.04B |
| Net Income | ($484M) | ($320M) | ($301M) | $499M | $481M | $752M | $1.04B |
| Free Cash Flow | ($1.40B) | ($7.36B) | ($7.35B) | ($1.28B) | ($2.61B) | — | — |
| FCF Margin | -128.9% | -417.5% | -253.6% | -34.7% | -54.8% | — | — |
| Short-Term Debt | $498M | $486M | $486M | $486M | $486M | — | — |
| Long-Term Debt | $3.54B | $5.02B | $4.75B | $2.61B | $1.33B | — | — |
| Cash & Cash Equivalents | $495M | $1.42B | $3.09B | $2.54B | $4.93B | — | — |
| Net Debt | $3.55B | $4.08B | $2.16B | $555M | ($3.11B) | — | — |
| Net Debt / EBITDA | — | — | — | 1.3x | -4.1x | — | — |
| Rule of 40 | — | -355.4% | -189.2% | -6.8% | -26.0% | — | — |