SoFi Technologies (SoFi Technologies) COGS-to-Revenue : 0.00 (As of Jul. 2020)

View and export this data going back to 2020. Start your Free Trial

What is SoFi Technologies COGS-to-Revenue?

SoFi Technologies's Cost of Goods Sold for the six months ended in Jul. 2020 was $0.00 Mil. Its Revenue for the six months ended in Jul. 2020 was $0.00 Mil.

SoFi Technologies's COGS to Revenue for the six months ended in Jul. 2020 was 0.00.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. SoFi Technologies's Gross Margin % for the six months ended in Jul. 2020 was N/A%.

SoFi Technologies COGS-to-Revenue Historical Data

The historical data trend for SoFi Technologies's COGS-to-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 COGS-to-Revenue Chart

SoFi Technologies Annual Data

Trend

Dec20

COGS-to-Revenue

SoFi Technologies Semi-Annual Data
	Jul20
COGS-to-Revenue	-

SoFi Technologies COGS-to-Revenue Calculation

SoFi Technologies's COGS to Revenue for the fiscal year that ended in . 20 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=		/
	=

SoFi Technologies's COGS to Revenue for the quarter that ended in Jul. 2020 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0	/	0
	=

SoFi Technologies (NAS:SOFI) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

SoFi Technologies's Gross Margin % for the six months ended in Jul. 2020 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0 / 0
	=	N/A %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

SoFi Technologies COGS-to-Revenue Related Terms

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

SoFi Technologies (SoFi Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SoFi Technologies Inc (NAS:SOFI) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

317 University Avenue, Suite 200, Palo Alto, CA, USA, 94301

Website

https://www.sofi.com

SoFi Technologies Inc helps people achieve financial independence to realize their ambitions. Its products include SoFi Money, SoFi Invest, Student Loan Refinancing, Private Student Loans, Personal Loans, Home Loans, SoFi Relay, SoFi Protect among others. The company's product gives over two million members fast access to tools to get their money right. SoFi membership comes with the key essentials for getting ahead, including career advisors and connection to a thriving community of like-minded, ambitious people.