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SoFi revenue
SoFi's revenue is $3.8 billion.
What is SoFi's revenue?
- SoFi's revenue growth from 2020 to 2024 is 935.99%.
- SoFi has 1,383 employees, and the revenue per employee ratio is $2,723,206.
- SoFi's peak quarterly revenue was $1.0B in 2024(q4).
- SoFi peak revenue was $3.8B in 2024.
- SoFi annual revenue for 2023 was 2.9B, 65.2% growth from 2022.
- SoFi annual revenue for 2024 was 3.8B, 29.33% growth from 2023.
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SoFi historical revenue
SoFi's peak revenue was $3.8B in 2024. The peak quarterly revenue was $1.0B in 2024(q4).
SoFi's revenue increased from $363.5m in 2020 to $3.8B currently. That's a 935.99% change in annual revenue.
SoFi annual revenue
SoFi annual revenue over time
| Fiscal Year / Year | SoFi Revenue |
|---|---|
| 2020 | $363.5M |
| 2021 | $1.1B |
| 2022 | $1.8B |
| 2023 | $2.9B |
| 2024 | $3.8B |
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SoFi annual growth
SoFi saw the greatest revenue growth in 2022, when revenue increased by 117.84%.
SoFi had the lowest revenue growth in 2021, when revenue changed by -2.34%.
SoFi annual growth rate over time
| Year | SoFi Growth |
|---|---|
| 2021 | 199%↑ |
| 2022 | 62%↑ |
| 2023 | 65%↑ |
| 2024 | 29%↑ |
SoFi quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
SoFi quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2020 | - | - | $200.8M | $171.7M |
| 2021 | $196.1M | $231.5M | $272.5M | $285.1M |
| 2022 | $330.3M | $361.8M | $424.1M | $455.6M |
| 2023 | $471.1M | $498.8M | $537.6M | $601.1M |
| 2024 | $584.5M | $598.7M | $693.5M | $1.0B |
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SoFi Financial Information
| CEO | Tracy Palandjian |
| Industry | Diversified Financials |
| Company Type | Public |
| Employees Number | 1,383 |
| Date Founded | 2011 |
| Headquarters | San Francisco, California |
| Number of Locations | 9 |
| Revenue | $3.8B |
| Net Income | -$320,407,000 |
| Gross Proft | $1.7B (2024) |
| Tax Rate | -1.1% |
| Total Assets | $19,007,675,000 |
| Ticker | SOFI |
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SoFi Financing
SoFi received early financing of $4.0M on 2011-09-19.
| Series | Round Size | Date |
|---|---|---|
| Series A | $4M | 09/2011 |
| Series B | $77.2M | 09/2012 |
| Debt Financing | $60M | 03/2013 |
| Debt Financing | $41M | 06/2013 |
| Debt Financing | $50M | 08/2013 |
| Series D | $80.0M | 03/2014 |
| Series C | $80M | 04/2014 |
| Series D | $213M | 01/2015 |
| Series E | $1B | 09/2015 |
| Series F | $500M | 02/2017 |
| Series Unknown | $500M | 05/2019 |
| Series Unknown | $369.8M | 01/2021 |
SoFi Investors
| Investors | Security Type |
|---|---|
| Baseline Ventures | Series A |
| Ron Suber | Series A |
| RPM Ventures | Series A |
| Innovation Endeavors | Series A |
| Ulu Ventures | Series A |
| Luigi Ghilardi II | Series B |
| Baseline Ventures | Series B |
| DCM | Series B |
| RENREN INC. | Series B |
| RPM Ventures | Series B |
| Morgan Stanley | Debt Financing |
| BANCORP INC. | Debt Financing |
| EAST WEST BANCORP INC | Debt Financing |
| General Global Capital | Series C |
| Thomvest Ventures | Series C |
| Discovery Capital Management | Series C |
| Baseline Ventures | Series C |
| QED Investors | Series C |
| DCM | Series C |
| RENREN INC. | Series C |
| RPM Ventures | Series C |
| Founders Fund | Series C |
| Paul Sims | Series C |
| Group 11 | Series C |
| Wicklow Capital Inc | Series C |
| Third Point Ventures | Series D |
| Institutional Venture Partners (IVP) | Series D |
| Lakestar | Series D |
| Wellington Management | Series D |
| Marco Rossi | Series D |
| RPM Ventures | Series D |
| SharesPost Investment Management | Series D |
| Wayne Chang | Series E |
| Jeff Seibert | Series E |
| Third Point Ventures | Series E |
| Institutional Venture Partners (IVP) | Series E |
| Wellington Management | Series E |
| Baseline Ventures | Series E |
| SoftBank Group Corp | Series E |
| DCM | Series E |
| RENREN INC. | Series E |
| RPM Ventures | Series E |
| SILVER LAKE | Series F |
| RSC Capital | Series F |
| GPI Capital | Series F |
| Third Point Ventures | Series F |
| SoftBank Group Corp | Series F |
| DCM | Series F |
| RPM Ventures | Series F |
| Manhattan Venture Partners | Series F |
| Sun Hung Kai & Co | Series F |
| Qatar Investment Authority | Series Unknown |
| Pegasus Tech Ventures | Series Unknown |
| GGV Capital | Series Unknown |
SoFi competitors
SoFi's top competitor, Charles Schwab, earned an annual revenue of $1.6B.
SoFi's smallest competitor is Sun West Mortgage Company with revenue of $33.6M last year.
| Company Name | Average Salary | Revenue | Employee Size | Job Openings |
|---|---|---|---|---|
| Charles Schwab | - | $1.6B | 32,000 | - |
| Bessemer Venture Partners | - | $1.2M | 7 | - |
| Sequoia Capital | - | $192.0M | 50 | - |
| Kabbage | - | $200.0M | 277 | - |
| First Round | - | $8.4M | 279 | - |
| IVP | - | $3.7M | 31 | - |
| Farm Credit Mid-America | - | $1.4B | 3,000 | - |
| Stonegate Mortgage | - | $176.0M | 500 | - |
| Earnest Research | - | $19.3M | 100 | - |
| Caliber Home Loans | - | $15.0M | 50 | - |
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Zippia gives an in-depth look into the details of SoFi, including salaries, political affiliations, employee data, and more, in order to inform job seekers about SoFi. The employee data is based on information from people who have self-reported their past or current employments at SoFi. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by SoFi. The data presented on this page does not represent the view of SoFi and its employees or that of Zippia.
SoFi may also be known as or be related to SOCIAL FINANCE INC, SoFi, Social Finance, Social Finance Inc, Social Finance, Inc. and Sofi.