SoFi (SOFI)

Galileo Financial Technologies LLC • Social Finance Inc. • SoFi Lending Corp. • Pebble Beach SoFi Funding CC I LLC • SoFi Funding I LLC • SoFi Funding II LLC • SoFi Funding III LLC • SoFi Funding V LLC • SoFi Funding VI LLC • SoFi Funding IX LLC ...

IRS number

981547291

SOFI stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$12.07

Low target

$8.50

High target

$16.00

Latest filings (excl ownership)

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8-K

Regulation FD Disclosure

17 Dec 24

8-K

Regulation FD Disclosure

17 Dec 24

S-8

Registration of securities for employees

7 Nov 24

SoFi Technologies Reports Net Revenue of $697 Million and Net Income of $61 Million for Q3 2024, Demonstrating Durable Growth and Strong Returns

29 Oct 24

8-K

41% Growth in Members and Strong Product Innovation Remain Key Drivers of Current and Future Growth

30 Jul 24

8-K

Departure of Directors or Certain Officers

3 Jul 24

8-K

Submission of Matters to a Vote of Security Holders

7 May 24

Results of Operations and Financial Condition

29 Apr 24

Transcripts

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SOFI

Earnings call transcript

2024 Q3

29 Oct 24

SOFI

Earnings call transcript

2024 Q2

30 Jul 24

SOFI

Earnings call transcript

2024 Q1

29 Apr 24

SOFI

Earnings call transcript

2023 Q4

29 Jan 24

SOFI

Earnings call transcript

2023 Q3

30 Oct 23

SOFI

Earnings call transcript

2023 Q2

31 Jul 23

SOFI

Earnings call transcript

2023 Q2

31 Jul 23

SOFI

Earnings call transcript

2023 Q1

1 May 23

SOFI

Earnings call transcript

2022 Q4

30 Jan 23

SOFI

Earnings call transcript

2022 Q3

1 Nov 22

Latest ownership filings

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Jeremy Rishel

20 Dec 24

144

Notice of proposed sale of securities

Notice of proposed sale of securities

17 Dec 24

144

Notice of proposed sale of securities

17 Dec 24

Financial summary

Financial statements Chart SOFI financial data

Quarter (USD)	Sep 24	Mar 24	Dec 23	Sep 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	2.97 bn	2.97 bn	2.97 bn	2.97 bn	2.97 bn	2.97 bn
Cash burn (monthly)	392.72 mm	44.28 mm	(no burn)	4.81 mm	(no burn)	182.93 mm
Cash used (since last report)	1.09 bn	123.36 mm	n/a	13.39 mm	n/a	509.61 mm
Cash remaining	1.88 bn	2.85 bn	n/a	2.96 bn	n/a	2.46 bn
Runway (months of cash)	4.8	64.3	n/a	615.0	n/a	13.4

Beta Read what these cash burn values mean

Financial data from SoFi earnings reports.

Institutional ownership, Q3 2024

SOFI institutional ownership history Ownership history

55.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	616	586	+5.1%
Opened positions	111	79	+40.5%
Closed positions	81	91	-11.0%
Increased positions	219	239	-8.4%
Reduced positions	158	149	+6.0%

13F shares	Current	Prev Q	Change
Total value	3.81 tn	2.90 tn	+31.2%
Total shares	526.97 mm	484.63 mm	+8.7%
Total puts	63.37 mm	57.62 mm	+10.0%
Total calls	71.57 mm	62.48 mm	+14.5%
Total put/call ratio	0.9	0.9	-4.0%

Largest owners	Shares	Value	Change
Vanguard	89.44 mm	$702.98 bn	-0.7%
BLK BlackRock	45.44 mm	$357.14 bn	NEW
Red Crow Capital	35.28 mm	$725.65 mm	0.0%
Silver Lake Group, L.L.C.	31.15 mm	$244.87 bn	0.0%
Dimensional Fund Advisors	24.72 mm	$194.28 bn	+88.9%
STT State Street	18.06 mm	$141.97 bn	+1.7%
Geode Capital Management	17.62 mm	$138.52 bn	+2.1%
ARK Investment Management	12.61 mm	$99.13 bn	-13.2%
MS Morgan Stanley	11.93 mm	$93.79 bn	-25.1%
Renaissance Technologies	11.39 mm	$89.53 bn	NEW

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	0.00	-45.46 mm	EXIT
BLK BlackRock	45.44 mm	+45.44 mm	NEW
Norges Bank	0.00	-13.95 mm	EXIT
Dimensional Fund Advisors	24.72 mm	+11.63 mm	+88.9%
Renaissance Technologies	11.39 mm	+11.39 mm	NEW
Citadel Advisors	5.98 mm	+5.73 mm	+2335.6%
Millennium Management	7.14 mm	+5.55 mm	+349.8%
MS Morgan Stanley	11.93 mm	-3.99 mm	-25.1%
BAC Bank of America	5.71 mm	+3.92 mm	+219.8%
Susquehanna International	5.01 mm	-3.88 mm	-43.7%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

SOFI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
19 Dec 24	Jeremy Rishel	Common Stock	Sell	Dispose S	No	No	15.72	64,991	1.02 mm	586,494
18 Dec 24	Kelli Keough	Common Stock	Payment of exercise	Dispose F	No	No	16.431	55,094	905.25 k	196,639
16 Dec 24	Eric Schuppenhauer	Common Stock	Buy	Acquire P	No	No	16.34	30,599.81	500.00 k	46,104.81
16 Dec 24	Anthony Noto	Prepaid Forward Contract Common Stock	Other	Acquire J	No	No	0	2,000,000	0.00	2,000,000
16 Dec 24	Kelli Keough	Common Stock	Option exercise	Acquire M	No	No	0	26,477	0.00	251,733
16 Dec 24	Kelli Keough	Common Stock	Option exercise	Acquire M	No	No	0	82,643	0.00	225,256
16 Dec 24	Kelli Keough	RSU Common Stock	Option exercise	Dispose M	No	No	0	26,477	0.00	344,197
16 Dec 24	Kelli Keough	RSU Common Stock	Option exercise	Dispose M	No	No	0	82,643	0.00	743,786
16 Dec 24	Christopher Lapointe	Common Stock	Payment of exercise	Dispose F	No	No	16.25	117,540	1.91 mm	1,309,161
16 Dec 24	Christopher Lapointe	Common Stock	Option exercise	Acquire M	No	No	0	222,821	0.00	1,426,701