Gross Profit for SoFi Technologies (SOFI)
According to SoFi Technologies's latest reported financial statements, the company's current gross profit (TTM) is $3.28B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
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TTM (last 4 quarters)
$3.28B
YoY change
+27.0%
5Y CAGR
+42.1%
Peak year (2025)
$3.28B
Cumulative gross profit
$12.19B
Gross Profit history chart for SoFi Technologies (SOFI) from 2017 to 2025
Gross Profit history table for SoFi Technologies (SOFI) from 2017 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $3.28B | +27.0% | ||
| 2024 | $2.58B | +25.7% | ||
| 2023 | $2.05B | +35.2% | ||
| 2022 | $1.52B | +55.4% | ||
| 2021 | $977.30M | +72.8% | ||
| 2020 | $565.53M | +27.8% | ||
| 2019 | $442.66M | +64.3% | ||
| 2018 | $269.40M | -46.8% | ||
| 2017 | $506.71M | — |
Gross Profit values are taken from SoFi Technologies's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of SoFi Technologies (SOFI) gross profit is $3.28B – grew 27.0% year-over-year.
Looking at the 2020–2025 (5 years) stretch, SoFi Technologies gross profit compounded at +42.1% per year, sustaining 7 straight years of year-over-year growth.
Across the available history, gross profit reached its high of $3.28B in 2025 and its low of $269.40M in 2018.
SoFi Technologies (SOFI) sits 9th of 8 Financial Services peers we track on this metric, against a peer median of $72.83B.
SoFi Technologies Gross Profit by Year
SoFi Technologies Gross Profit 2025: $3.28B
SoFi Technologies gross profit in 2025 was $3.28B, grew 27.0% from 2024. This figure represents the highest annual value in the available history.
SoFi Technologies Gross Profit 2024: $2.58B
SoFi Technologies gross profit in 2024 was $2.58B, grew 25.7% from 2023.
SoFi Technologies Gross Profit 2023: $2.05B
SoFi Technologies gross profit in 2023 was $2.05B, surged 35.2% from 2022.
SoFi Technologies Gross Profit 2022: $1.52B
SoFi Technologies gross profit in 2022 was $1.52B, surged 55.4% from 2021.
SoFi Technologies Gross Profit 2021: $977.30M
SoFi Technologies gross profit in 2021 was $977.30M.
See more financial history for SoFi Technologies (SOFI).
Sector peers — Gross Profit
Companies in the same sector as SoFi Technologies, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $167.61B | Financial Services |
| Bank of America Corporation (BAC) | $107.42B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $87.78B | Financial Services |
| Wells Fargo & Company (WFC) | $80.04B | Financial Services |
| Morgan Stanley (MS) | $65.62B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $59.40B | Financial Services |
| Visa Inc. (V) | $32.15B | Financial Services |
| Mastercard Incorporated (MA) | $27.36B | Financial Services |
Frequently asked questions
What is SoFi Technologies's gross profit?
- Latest reported gross profit for SoFi Technologies (SOFI) is $3.28B (period ending December 31, 2025).
How has SoFi Technologies gross profit changed year-over-year?
- SoFi Technologies (SOFI) gross profit changed +27.0% year-over-year on the latest annual filing.
What is the long-term growth rate of SoFi Technologies gross profit?
- SoFi Technologies (SOFI) gross profit compound annual growth rate is +42.1% over the most recent 5 years available.
When did SoFi Technologies gross profit hit its highest annual value?
- SoFi Technologies gross profit reached its highest annual value of $3.28B in 2025.
What was SoFi Technologies gross profit in 2024?
- SoFi Technologies (SOFI) gross profit in 2024 was $2.58B.
What was SoFi Technologies gross profit in 2025?
- SoFi Technologies (SOFI) gross profit in 2025 was $3.28B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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