SoFi Technologies (SoFi Technologies) Net Margin % : 0.00% (As of Jul. 2020)

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

What is SoFi Technologies Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. SoFi Technologies's Net Income for the six months ended in Jul. 2020 was $0.00 Mil. SoFi Technologies's Revenue for the six months ended in Jul. 2020 was $0.00 Mil. Therefore, SoFi Technologies's net margin for the quarter that ended in Jul. 2020 was 0.00%.

The historical rank and industry rank for SoFi Technologies's Net Margin % or its related term are showing as below:

SOFI's Net Margin % is not ranked ^*
in the Credit Services industry.
Industry Median: 15.21
* Ranked among companies with meaningful Net Margin % only.

SoFi Technologies Net Margin % Historical Data

The historical data trend for SoFi Technologies's Net Margin % 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 Net Margin % Chart

SoFi Technologies Annual Data

Trend

Dec20

Net Margin %

SoFi Technologies Semi-Annual Data
	Jul20
Net Margin %	-

Competitive Comparison of SoFi Technologies's Net Margin %

For the Credit Services subindustry, SoFi Technologies's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Credit Services Industry

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

* The bar in red indicates where SoFi Technologies's Net Margin % falls into.

SoFi Technologies Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

SoFi Technologies's Net Margin for the fiscal year that ended in . 20 is calculated as

Net Margin	=	Net Income (A: . 20 )	/	Revenue (A: . 20 )
	=		/
	=	%

SoFi Technologies's Net Margin for the quarter that ended in Jul. 2020 is calculated as

Net Margin	=	Net Income (Q: Jul. 2020 )	/	Revenue (Q: Jul. 2020 )
	=	0	/	0
	=	%

SoFi Technologies (NAS:SOFI) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

SoFi Technologies Net Margin % Related Terms

Thank you for viewing the detailed overview of SoFi Technologies's Net Margin % 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 » Net Margin %

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.