How does SoFi Technologies (SOFI) make money?

SoFi Technologies (SOFI) generates revenue primarily from Lending Segment, which accounted for 47% of total revenue in TTM through Q2 2026. The company reported $4.85B in revenue and converted 15.1% of it into net profit, equivalent to roughly $732M in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of SoFi Technologies (SOFI)?

SoFi Technologies (SOFI) reported a gross profit margin of 81.8% in TTM through Q2 2026, equivalent to $3.97B in gross profit on $4.85B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of SoFi Technologies (SOFI)?

SoFi Technologies (SOFI) reported an operating profit margin of 13.1% in TTM through Q2 2026, equivalent to $635M in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of SoFi Technologies (SOFI)?

SoFi Technologies (SOFI) reported a net profit margin of 15.1% in TTM through Q2 2026, equivalent to $732M in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is SoFi Technologies (SOFI) profitable?

Yes. SoFi Technologies (SOFI) reported $732M in net income for TTM through Q2 2026, with a net profit margin of 15.1%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does SoFi Technologies (SOFI) invest in research and development?

SoFi Technologies (SOFI) invested $379M in research and development during TTM through Q2 2026, roughly 7.8% of total revenue. R&D spending funds the company's future product pipeline and is expensed in full on the income statement rather than capitalised, which makes the operating margin sensitive to how aggressively management chooses to reinvest in innovation.

How much does SoFi Technologies (SOFI) spend on capital expenditures?

SoFi Technologies (SOFI) spent $266M on capital expenditures (CapEx) during TTM through Q2 2026, roughly 5.5% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does SoFi Technologies (SOFI) generate?

SoFi Technologies (SOFI) generated -$2.53B in free cash flow during TTM through Q2 2026, a free-cash-flow margin of -52.2%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of SoFi Technologies (SOFI)?

SoFi Technologies (SOFI) had an effective tax rate of 0.8% in TTM through Q2 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of SoFi Technologies (SOFI)?

SoFi Technologies (SOFI) reports revenue across 3 reportable product segments, led by Lending Segment at 47% of total revenue in TTM through Q2 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

How SoFi Technologies Makes Money: 2026 Visual Revenue Map

SoFi Technologies (SOFI) Income Statement Flow — TTM through Q2 2026

Calculated from the four most recent reported quarters, ending June 30, 2026 (reported July 29, 2026).

SoFi Technologies discloses geographic revenue only in annual filings. to view the full breakdown.

SoFi Technologies (SOFI) Revenue by Product Segment — TTM through Q2 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for SoFi Technologies (SOFI), TTM through Q2 2026.
Segment	Revenue (USD)	% of total
Lending Segment	$2.28B	47%
Financial Services Segment	$2.1B	43.4%
Technology Platform Segment	$463M	9.6%
Total	$4.85B	100%

Lending Segment$2.28B
Financial Services Segment$2.1B
Technology Platform Segment$463M
Total$4.85B

Revenue Breakdown — TTM through Q2 2026

In TTM through Q2 2026, SoFi Technologies (SOFI) reports revenue across 3 reportable product segments; the largest segment was Lending Segment at 47%, followed by Financial Services Segment (43.4%) and Technology Platform Segment (9.6%).

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