SoFi Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018
Revenue	2,123	1,574	984.87	565.53	442.66	Upgrade
Revenue Growth (YoY)	34.91%	59.77%	74.15%	27.76%	64.31%	Upgrade
Cost of Revenue	380	313.23	256.98	178.9	116.33	Upgrade
Gross Profit	1,743	1,260	727.89	386.64	326.33	Upgrade
Selling, General & Admin	1,230	1,119	925.41	513.96	418.47	Upgrade
Research & Development	511.42	405.26	276.09	201.2	147.46	Upgrade
Other Operating Expenses	302.12	54.33	7.57	0	0	Upgrade
Operating Expenses	2,044	1,579	1,209	715.16	565.93	Upgrade
Operating Income	-301.16	-318.72	-481.18	-328.52	-239.6	Upgrade
Pretax Income	-301.16	-318.72	-481.18	-328.52	-239.6	Upgrade
Income Tax	-0.42	1.69	2.76	-104.47	0.1	Upgrade
Net Income	-300.74	-320.41	-483.94	-224.05	-239.7	Upgrade
Shares Outstanding (Basic)	945	901	527	74	66	Upgrade
Shares Outstanding (Diluted)	945	901	527	74	66	Upgrade
Shares Change	4.90%	71.03%	613.23%	12.54%	87.00%	Upgrade
EPS (Basic)	-0.36	-0.40	-1.00	-4.30	-4.02	Upgrade
EPS (Diluted)	-0.36	-0.40	-1.00	-4.30	-4.02	Upgrade
Free Cash Flow	-7,348.33	-7,359.59	-1,402.48	-503.89	-92.32	Upgrade
Free Cash Flow Per Share	-7.78	-8.17	-2.66	-6.82	-1.41	Upgrade
Gross Margin	82.10%	80.09%	73.91%	68.37%	73.72%	Upgrade
Operating Margin	-14.19%	-20.26%	-48.86%	-58.09%	-54.13%	Upgrade
Profit Margin	-14.17%	-20.36%	-49.14%	-39.62%	-54.15%	Upgrade
Free Cash Flow Margin	-346.16%	-467.71%	-142.40%	-89.10%	-20.86%	Upgrade
EBITDA	-99.74	-167.36	-379.61	-258.69	-223.64	Upgrade
EBITDA Margin	-4.70%	-10.64%	-38.54%	-45.74%	-50.52%	Upgrade
Depreciation & Amortization	201.42	151.36	101.57	69.83	15.96	Upgrade
EBIT	-301.16	-318.72	-481.18	-328.52	-239.6	Upgrade
EBIT Margin	-14.19%	-20.26%	-48.86%	-58.09%	-54.13%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).