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SoFi Technologies (FRA:6B0) Revenue : €1,955 Mil (TTM As of Dec. 2023)


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What is SoFi Technologies Revenue?

SoFi Technologies's revenue for the three months ended in Dec. 2023 was €551 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was €1,955 Mil. SoFi Technologies's Revenue per Share for the three months ended in Dec. 2023 was €0.57. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was €2.07.

Warning Sign:

SoFi Technologies Inc revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of SoFi Technologies was 27.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was -22.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was -9.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 6 years, SoFi Technologies's highest 3-Year average Revenue per Share Growth Rate was -6.90% per year. The lowest was -22.90% per year. And the median was -22.90% per year.


SoFi Technologies Revenue Historical Data

The historical data trend for SoFi Technologies's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SoFi Technologies Revenue Chart

SoFi Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 398.39 464.87 871.61 1,485.42 1,933.23

SoFi Technologies Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 431.11 441.00 459.67 503.37 550.96

Competitive Comparison of SoFi Technologies's Revenue

For the Credit Services subindustry, SoFi Technologies's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SoFi Technologies's Revenue Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, SoFi Technologies's Revenue distribution charts can be found below:

* The bar in red indicates where SoFi Technologies's Revenue falls into.



SoFi Technologies Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,955 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SoFi Technologies  (FRA:6B0) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


SoFi Technologies Revenue Related Terms

Thank you for viewing the detailed overview of SoFi Technologies's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


SoFi Technologies (FRA:6B0) Business Description

Traded in Other Exchanges
Address
234 1st Street, San Francisco, CA, USA, 94105
SoFi is a financial-services company that was founded in 2011 and is based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020, the company also offers payment and account services for debit cards and digital banking.

SoFi Technologies (FRA:6B0) Headlines

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