SoFi Technologies, Inc. (SOFI) Balance Sheet
SOFI balance sheet, 2025
December 31, 2025 · U.S. dollars$50.66B assets = $40.17B liabilities + $10.49B equity
Both columns are drawn to the same scale: what SOFI owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SOFI financial health
Descriptive bands, not a rating. Fiscal 2025.
SOFI balance sheet trends, 2018–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $28.2M2018 | $50.66B2025 | +191.7%/yr | |
| Total liabilities | $6.73B2018 | $40.17B2025 | +29.1%/yr | |
| Shareholders’ equity | −$6.70B2018 | $10.49B2025 | — | |
| Cash & short-term investments | $537.0M2018 | $7.36B2025 | +45.4%/yr | |
| Total debt | $182.8M2018 | $1.93B2025 | +40.1%/yr | |
| Net cash (debt) | $354.2M2018 | $5.43B2025 | +$5.1B | |
| Working capital | $7.68B2018 | −$29.29B2025 | −$37.0B | |
| Book value per share | −$14.422018 | $8.382025 | — | |
| Current ratio | 103.092018 | 0.242025 | −102.86 | |
| Debt / equity | 2.422019 | 0.182025 | −2.24 | |
| Shares outstanding | 464.6M2018 | 1.25B2025 | +15.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SOFI assets
SOFI liabilities and equity
SOFI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SOFI balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & short-term investments | $7.36B | $4.34B | $3.59B | $1.46B | $689.6M | $872.6M | $499.5M | $537.0M |
| Cash & equivalents | $4.93B | $2.54B | $3.09B | $1.42B | $494.7M | $872.6M | $499.5M | $537.0M |
| Short-term investments | $2.43B | $1.80B | $500.9M | $39.4M | $194.9M | $805.0M | — | −$211.9M |
| Receivables | $893.5M | $587.5M | $169.9M | $127.0M | $85.5M | $50.3M | $21.3M | $7.22B |
| Inventory | $0 | $0 | $0 | $1.88B | $727.2M | $1.38B | $711.5M | −$8.77B |
| Other current assets | $905.1M | $276.9M | $112.7M | $0 | $0 | $0 | $0 | $8.77B |
| Total current assets | $9.16B | $5.21B | $3.87B | $1.66B | $689.6M | $922.9M | $520.8M | $7.76B |
| Property, plant & equipment (net) | $510.4M | $369.1M | $306.5M | $267.2M | $227.1M | $198.3M | $161.0M | $21.9M |
| Goodwill & intangible assets | $2.00B | $2.03B | $1.94B | $2.21B | $1.35B | $1.40B | $229.1M | $204.7M |
| Long-term investments | $2.68B | $1.93B | $724.9M | $396.8M | $214.6M | $604.5M | $758.0M | $0 |
| Other non-current assets | $36.31B | $26.72B | $23.24B | $14.47B | $6.69B | $5.43B | $5.62B | $0 |
| Total assets | $50.66B | $36.25B | $30.07B | $19.01B | $9.18B | $8.56B | $7.29B | $28.2M |
| Liabilities | ||||||||
| Accounts payable | $89.8M | $132.8M | $159.9M | $144.6M | $298.2M | $452.9M | $103.6M | $67.9M |
| Short-term debt | $486.0M | $486.0M | $486.0M | $486.0M | $497.8M | $486.0M | $161.0M | $28.2M |
| Deferred revenue | — | — | $5.7M | $10.0M | $199.6M | $33.1M | $57.4M | — |
| Total current liabilities | $38.45B | $26.86B | $19.47B | $8.12B | $497.8M | $486.0M | $161.0M | $75.2M |
| Long-term debt | $1.33B | $2.61B | $4.75B | $5.50B | $4.04B | $4.43B | $4.80B | $0 |
| Lease obligations | $118.9M | $110.9M | $121.8M | $117.8M | $138.8M | $139.8M | $124.7M | — |
| Other long-term liabilities | $395.9M | $256.2M | $296.2M | $0 | $138.8M | $154.5M | $124.7M | $6.72B |
| Total liabilities | $40.17B | $29.73B | $24.52B | $13.48B | $4.48B | $5.51B | $5.19B | $6.73B |
| Shareholders' equity | ||||||||
| Common stock & paid-in capital | $126,000 | $109,000 | $97,000 | $93,000 | $83,000 | $772.7M | — | — |
| Retained earnings (deficit) | −$824.3M | −$1.31B | −$1.80B | −$1.50B | −$1.18B | −$699.2M | −$474.6M | −$223.1M |
| Accumulated other comprehensive income | $11.0M | −$8.4M | −$1.2M | −$8.3M | −$1.5M | −$166,000 | −$21,000 | $1.82B |
| Total shareholders' equity | $10.49B | $6.53B | $5.55B | $5.53B | $4.70B | $3.05B | $2.10B | −$6.70B |
| Key figures | ||||||||
| Total debt | $1.93B | $3.20B | $5.36B | $5.63B | $4.54B | $5.07B | $5.08B | $182.8M |
| Net cash (debt) | $5.43B | $1.14B | −$1.78B | −$4.17B | −$3.85B | −$4.20B | −$4.59B | $354.2M |
| Working capital | −$29.29B | −$21.66B | −$15.60B | −$6.46B | $191.8M | $436.9M | $359.8M | $7.68B |
| Tangible book value | $8.49B | $4.49B | $3.62B | $3.31B | $3.35B | $1.65B | $1.87B | −$6.90B |
| Book value per share | $8.38 | $5.92 | $5.88 | $6.14 | $8.92 | $6.57 | $4.52 | −$14.42 |
| Shares outstanding | 1.25B | 1.10B | 945.0M | 900.9M | 526.7M | 464.6M | 464.6M | 464.6M |
| Current ratio | 0.24 | 0.19 | 0.20 | 0.20 | 1.39 | 1.90 | 3.23 | 103.09 |
| Quick ratio | 0.21 | 0.18 | 0.19 | 0.20 | 1.56 | 1.90 | 3.23 | 103.09 |
| Debt / equity | 0.18 | 0.49 | 0.97 | 1.02 | 0.97 | 1.66 | 2.42 | — |
| Equity / assets | 20.7% | 18.0% | 18.5% | 29.1% | 51.2% | 35.7% | 28.8% | −23,754.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $7.35B | $6.45B | $7.36B | $5.64B | $4.39B | $4.24B | $4.34B | $3.83B | $3.78B | $4.53B | $3.59B | $3.19B |
| Cash & equivalents | $3.13B | $3.40B | $4.93B | $3.25B | $2.12B | $2.09B | $2.54B | $2.35B | $2.33B | $3.69B | $3.09B | $2.81B |
| Short-term investments | $4.23B | $3.05B | $2.43B | $2.39B | $2.27B | $2.15B | $1.80B | $1.48B | $1.44B | $838.5M | $500.9M | $377.1M |
| Receivables | $0 | $0 | $893.5M | $75.4M | $70.1M | $66.3M | $587.5M | $65.2M | $68.2M | $66.3M | $169.9M | $63.3M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.69B | $0 | $3.73B |
| Other current assets | $0 | $360.2M | $905.1M | $0 | $0 | $0 | $276.9M | $0 | $0 | $0 | $112.7M | $0 |
| Total current assets | $7.35B | $6.81B | $9.16B | $5.64B | $4.39B | $4.24B | $5.21B | $3.83B | $3.78B | $4.53B | $3.87B | $3.19B |
| Property, plant & equipment (net) | $582.9M | $537.3M | $510.4M | $466.0M | $432.0M | $394.4M | $369.1M | $350.4M | $329.6M | $315.4M | $306.5M | $295.3M |
| Goodwill & intangible assets | $1.65B | $1.98B | $2.00B | $2.02B | $2.03B | $2.06B | $2.03B | $2.00B | $2.02B | $1.98B | $1.94B | $1.92B |
| Long-term investments | $4.23B | $3.23B | $2.68B | $2.51B | $2.37B | $2.15B | $1.93B | $1.55B | $1.57B | $973.1M | $724.9M | $579.7M |
| Other non-current assets | $47.14B | $41.14B | $36.31B | $34.65B | $31.88B | $28.90B | $26.72B | $26.64B | $24.95B | $23.50B | $23.24B | $21.99B |
| Total assets | $60.95B | $53.70B | $50.66B | $45.29B | $41.11B | $37.75B | $36.25B | $34.38B | $32.64B | $31.31B | $30.07B | $27.98B |
| Liabilities | ||||||||||||
| Accounts payable | — | — | $89.8M | — | $676.3M | — | $132.8M | — | — | $554.2M | $159.9M | $566.5M |
| Short-term debt | $486.0M | $486.0M | $486.0M | $486.0M | $486.0M | $486.0M | $486.0M | $486.0M | $486.0M | $486.0M | $486.0M | $486.0M |
| Deferred revenue | — | — | — | — | — | — | — | — | — | $5.7M | $5.7M | $80.5M |
| Total current liabilities | $46.03B | $40.73B | $38.45B | $33.43B | $30.03B | $27.74B | $26.86B | $24.89B | $23.48B | $22.64B | $19.47B | $16.72B |
| Long-term debt | $2.82B | $1.33B | $1.33B | $2.23B | $3.46B | $2.56B | $2.61B | $2.69B | $2.62B | $2.41B | $4.75B | $6.25B |
| Lease obligations | $104.1M | $100.7M | $118.9M | $93.0M | $91.4M | $93.1M | $110.9M | $101.0M | $100.8M | $105.6M | $121.8M | $113.4M |
| Other long-term liabilities | $1.03B | $830.0M | $395.9M | $852.6M | $767.7M | $767.5M | $256.2M | $670.0M | $636.2M | $105.6M | $296.2M | $0 |
| Total liabilities | $49.87B | $42.89B | $40.17B | $36.51B | $34.25B | $31.07B | $29.73B | $28.26B | $26.74B | $25.16B | $24.52B | $22.60B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $128,000 | $127,000 | $126,000 | $120,000 | $111,000 | $110,000 | $109,000 | $108,000 | $106,000 | $105,000 | $97,000 | $95,000 |
| Retained earnings (deficit) | −$501.0M | −$657.5M | −$824.3M | −$997.8M | −$1.14B | −$1.23B | −$1.31B | −$1.64B | −$1.70B | −$1.72B | −$1.80B | −$1.85B |
| Accumulated other comprehensive income | −$12.0M | −$2.7M | $11.0M | $9.5M | $3.6M | $2.8M | −$8.4M | $8.1M | −$1.5M | −$2.1M | −$1.2M | $600,000 |
| Total shareholders' equity | $11.08B | $10.81B | $10.49B | $8.78B | $6.86B | $6.68B | $6.53B | $6.12B | $5.90B | $6.15B | $5.55B | $5.37B |
| Key figures | ||||||||||||
| Total debt | $3.41B | $1.91B | $1.93B | $2.81B | $4.03B | $3.14B | $3.20B | $3.28B | $3.21B | $3.00B | $5.36B | $6.36B |
| Net cash (debt) | $3.95B | $4.53B | $5.43B | $2.83B | $354.5M | $1.10B | $1.14B | $551.1M | $570.7M | $1.53B | −$1.78B | −$3.17B |
| Working capital | −$38.68B | −$33.92B | −$29.29B | −$27.79B | −$25.64B | −$23.50B | −$21.66B | −$21.06B | −$19.70B | −$18.11B | −$15.60B | −$13.53B |
| Tangible book value | $9.42B | $8.84B | $8.49B | $6.76B | $4.83B | $4.62B | $4.49B | $4.12B | $3.89B | $4.16B | $3.62B | $3.45B |
| Book value per share | $8.19 | $7.85 | $7.79 | $6.80 | $5.79 | $5.63 | $5.67 | $5.54 | $5.54 | $5.90 | $5.40 | $5.65 |
| Shares outstanding | 1.35B | 1.38B | 1.35B | 1.29B | 1.18B | 1.19B | 1.15B | 1.10B | 1.07B | 1.04B | 1.03B | 951.2M |
| Current ratio | 0.16 | 0.17 | 0.24 | 0.17 | 0.15 | 0.15 | 0.19 | 0.15 | 0.16 | 0.20 | 0.20 | 0.19 |
| Quick ratio | 0.16 | 0.16 | 0.21 | 0.17 | 0.15 | 0.16 | 0.18 | 0.16 | 0.16 | 0.20 | 0.19 | 0.19 |
| Debt / equity | 0.31 | 0.18 | 0.18 | 0.32 | 0.59 | 0.47 | 0.49 | 0.54 | 0.54 | 0.49 | 0.97 | 1.18 |
| Equity / assets | 18.2% | 20.1% | 20.7% | 19.4% | 16.7% | 17.7% | 18.0% | 17.8% | 18.1% | 19.6% | 18.5% | 19.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 17, 2026); data from EODHD.
SOFI financial position
At the end of fiscal 2025 (December 31, 2025), SoFi Technologies had total assets of $50.7 billion (up 39.7% from a year earlier), total liabilities of $40.2 billion and shareholders' equity of $10.5 billion. It held $7.4 billion in cash and short-term investments against $1.9 billion of debt, a net cash position of $5.4 billion. Its current ratio was 0.24. In the latest quarter (ended June 30, 2026) total assets were $60.9 billion and equity $11.1 billion.
Related: SOFI income statement, SOFI cash flow statement, SOFI key metrics. See the SOFI stock overview for the latest quote and news.
SOFI balance sheet FAQ
What are SoFi Technologies's total assets?
SoFi Technologies reported total assets of $50.7 billion at the end of fiscal 2025 (December 31, 2025), compared with $36.3 billion a year earlier.
How much debt does SoFi Technologies have?
SoFi Technologies had $1.9 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.18.
How much cash does SoFi Technologies have?
SoFi Technologies held $7.4 billion in cash and short-term investments at the end of fiscal 2025; with $1.9 billion of debt that is net cash of $5.4 billion.
What is SoFi Technologies's book value?
SoFi Technologies's shareholders' equity (book value) was $10.5 billion at the end of fiscal 2025, or $8.38 per share.
What is SoFi Technologies's current ratio?
SoFi Technologies had current assets of $9.2 billion and current liabilities of $38.4 billion, a current ratio of 0.24 (current liabilities exceed current assets).
How much goodwill does SoFi Technologies have?
SoFi Technologies carried $2.0 billion of goodwill and intangible assets, 4.0% of total assets, at the end of fiscal 2025.