SoFi Technologies, Inc.
SOFIFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
3,704
Cost of Revenue
1,123
Gross Profit
2,581
Gross Margin
69.7%
Operating Income
233
Operating Margin
6.3%
Net Income
499
Net Margin
13.5%
EPS (Basic)
$0.46
EPS (Diluted)
$0.39
EBITDA
437
EBITDA Margin
11.8%
2023
12/31/2023
Revenue
2,898
Cost of Revenue
844
Gross Profit
2,053
Gross Margin
70.9%
Operating Income
-301
Operating Margin
-10.4%
Net Income
-301
Net Margin
-10.4%
EPS (Basic)
$-0.36
EPS (Diluted)
$-0.36
EBITDA
-100
EBITDA Margin
-3.4%
2022
12/31/2022
Revenue
1,763
Cost of Revenue
244
Gross Profit
1,519
Gross Margin
86.2%
Operating Income
-319
Operating Margin
-18.1%
Net Income
-320
Net Margin
-18.2%
EPS (Basic)
$-0.40
EPS (Diluted)
$-0.40
EBITDA
-167
EBITDA Margin
-9.5%
2021
12/31/2021
Revenue
1,088
Cost of Revenue
110
Gross Profit
977
Gross Margin
89.9%
Operating Income
-481
Operating Margin
-44.2%
Net Income
-484
Net Margin
-44.5%
EPS (Basic)
$-1.00
EPS (Diluted)
$-1.00
EBITDA
-380
EBITDA Margin
-34.9%
2020
12/31/2020
Revenue
751
Cost of Revenue
186
Gross Profit
566
Gross Margin
75.3%
Operating Income
-329
Operating Margin
-43.7%
Net Income
-224
Net Margin
-29.8%
EPS (Basic)
$-2.73
EPS (Diluted)
$-2.73
EBITDA
-259
EBITDA Margin
-34.4%