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.
According to SoFi Technologies, Inc.'s latest financial reports the company's current revenue (TTM) is $2.07 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
---|---|---|---|---|---|
2023 | $2.07 B | $ | $11.91 M | $-301,158,000 | $-300,742,000 |
2022 | $1.52 B | $ | $-240,074,000 | $-318,721,000 | $-320,407,000 |
2021 | $977.3 M | $ | $-371,383,000 | $-481,177,000 | $-483,937,000 |
2020 | $565.53 M | $ | $-280,992,000 | $-328,521,000 | $-224,053,000 |
2019 | $442.66 M | $ | $-252,638,000 | $-239,599,000 | $-239,697,000 |
2018 | $269.4 M | $ | $-252,879,000 | $-253,357,000 | $-252,399,000 |
2017 | $506.71 M | $ | $65.78 M | $376.15 M | $50.08 M |