SoFi Technologies, Inc. (SOFI) Stock

SoFi Technologies, Inc. (SOFI) is a Financials stock trading at $17.91 (as of 2026-08-20), with a market capitalization of $22.97B and a trailing P/E of 39.8. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

SoFi Technologies, Inc. provides digital financial services through Lending, Technology Platform, and Financial Services segments. It offers lending products and related cash management, investment, and protection services to its members, and it also provides technology and financial infrastructure services to financial and non-financial institutions.

Understand SoFi Technologies, Inc.: how it makes money

SoFi provides digital financial services, it makes money through lending (including student loans, personal loans, and home loans), financial services (cash management, investment, and protection), and technology services via its Galileo platform.

SoFi’s profit model is built around converting member growth into lending activity, then layering additional financial services and technology platform revenue on top.

Business quality (Solid): Operational KPIs and the business model are clear, but the provided segment revenue figures do not reconcile with the stated total revenue (0.1B), so a clean segment split cannot be shown.

Valuation: At 40× earnings, SOFI trades 214% above the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Diversified revenue sources across lending, financial services, and the Galileo technology platform: The company operates through three segments, Lending, Technology Platform, and Financial Services, supported by member products that include borrowing, saving, spending, investing, and protecting money.
  • Member growth is a tracked operating input: The latest quarter reports New Members Added of 1,100,000, and the company also tracks SoFi Members.

Bear case

  • Weak profitability at the gross level: The latest quarter shows gross_margin_pct of -32.1%, which indicates costs at the gross level outweighed gross profit.
  • Credit performance is an important risk monitor: The latest quarter reports Personal Loan 90-Day Delinquency Rate of 0.55%, which can signal potential pressure on lending economics.
Valuation — source: SEC EDGAR (first-party)
Price$17.91
Market Cap$22.97B
P/E Ratio39.8
EV / EBITDA21.5
Price / Book2.12
Price / Sales37.75
FCF Yield-27.6%
DCF Value (model)$3.10
DCF Upside vs Price-82.7%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$619.35M
Net Margin77.7%
Revenue Growth (YoY)-7.7%
EPS Growth (YoY)116.7%
FCF Growth (YoY)7560.4%
Valuation vs Sector & Industry
Stock P/E39.8
Sector P/E (Financials)15.1
Industry P/E (Banking)12.9
vs Sector163.0%
vs Industry208.2%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($2.91B)
Institutional Holders Tracked10
Congressional Trades (recent)3
Company
SectorFinancials
IndustryBanking
CEOAnthony J. Noto
Employees5,000
CountryUS
IPO Date2021-01-04

Related Companies (Business model: Specialty Finance / Lending + Universal / Commercial Bank; 8 closest by market cap; US-domiciled)

  • American Express Company (AXP)
  • Rocket Companies, Inc. (RKT)
  • Affirm Holdings, Inc. (AFRM)
  • Synchrony Financial (SYF)
  • Figure Technology Solutions, Inc. Class A Common Stock (FIGR)
  • OneMain Holdings, Inc. (OMF)
  • Enova International, Inc. (ENVA)
  • Upstart Holdings, Inc. (UPST)
SOFI earnings history · SOFI institutional & insider holders · SOFI KPIs & operating metrics · SOFI financials · SOFI investor presentations & press releases · SOFI SEC filings · SOFI peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.