Similar companies
Income Statement (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 764M | 4% |
| Gross Profit | 690M | 5.8% |
| Cost of Revenue | 74M | 4348.3% |
| Operating expense | 551M | 20% |
| Net Income | 71M | 78.6% |
| EBITDA | 400M | 296.6% |
Balance Sheet (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 37.7B | 4.1% |
| Total Liabilities | 31.1B | 4.5% |
| Total Equity | 6.68B | 2.4% |
| Shares Outstanding | 1.19B | 3% |
Cash Flow (NONE)
| Q1 '25 | QoQ |
|---|
EPS
Financial Highlights for SoFi in Q1 '25
SoFi reported a revenue of 764M, which is a 4% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 690M, marking a -5.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 74M, a 4348.3% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 551M, showing a -20% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 71M, showing a -78.6% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 400M, showing a 296.6% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
SoFi faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures.
