SoFi Technologies (SOFI) 10-K Summaries & Annual Filing History
Review SoFi Technologies, Inc. (SOFI) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
SoFi Technologies is a financial services company. Its annual revenue has increased for the reporting period.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$619.4M
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
$481.3M
Net income reported for the year.
Operating cash flow
-$3.7B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $377.1M | +52.2% |
| Dec 31, 2023 | $421.5M | +11.8% |
| Dec 31, 2024 | $503.1M | +19.4% |
| Dec 31, 2025 | $619.4M | +23.1% |
Business overview
SoFi Technologies operates as a financial services company. The filing indicates that the company originates loans and uses warehouse facilities and securitizations to fund those activities.
Financial performance
Reported revenue for the period increased compared to the prior period. Net income was positive, while operating cash flow was negative for the period.
Material risks
If early amortization, termination, or default occurs under its warehouse facilities, principal collections would be used to repay debt instead of funding new loans, which could impair growth. The company would then need to rely on alternative funding sources that may not be available on favorable terms or at all.
Liquidity and capital
The company relies on warehouse facilities and securitizations to fund loan origination. Default or early amortization under these facilities would negatively affect liquidity and the ability to originate loans.
What to watch
Monitor whether the company maintains access to its warehouse facilities and securitization funding without triggering early amortization or default events.