2021 Q2 Form 10-Q Financial Statement

#000181887421000037 Filed on August 16, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2 2020 Q1
Revenue $231.3M $115.0M
YoY Change 101.19%
Cost Of Revenue $60.62M $41.41M
YoY Change 46.41%
Gross Profit $170.7M $73.54M
YoY Change 132.04%
Gross Profit Margin 73.79% 63.98%
Selling, General & Admin $266.2M $117.7M
YoY Change 126.2%
% of Gross Profit 155.97% 160.0%
Research & Development $69.39M $47.83M
YoY Change 45.07%
% of Gross Profit 40.66% 65.04%
Depreciation & Amortization $25.00M $15.00M $4.700M
YoY Change 66.67%
% of Gross Profit 14.65% 20.4%
Operating Expenses $335.6M $165.5M
YoY Change 102.75%
Operating Profit -$164.9M -$91.96M
YoY Change 79.32%
Interest Expense $28.10M $43.32M
YoY Change -35.14%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$165.4M -$91.96M -$106.3M
YoY Change 79.85%
Income Tax -$78.00K -$99.77M $100.0K
% Of Pretax Income
Net Earnings -$165.3M $7.808M -$106.4M
YoY Change -2217.24%
Net Earnings / Revenue -71.48% 6.79%
Basic Earnings Per Share -$0.48 -$0.03
Diluted Earnings Per Share -$0.48 -$0.03 -$133.8K
COMMON SHARES
Basic Shares Outstanding 365.0M shares 72.15M shares
Diluted Shares Outstanding 365.0M shares 72.15M shares

Balance Sheet

Concept 2021 Q2 2020 Q2 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $461.9M $641.5M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $208.4M
YoY Change
Goodwill $898.5M
YoY Change
Intangibles $317.8M
YoY Change
Long-Term Investments $0.00
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $7.653B
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $317.9M
YoY Change
Accrued Expenses $135.5M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $453.4M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $2.433B
YoY Change
Other Long-Term Liabilities $239.3M
YoY Change
Total Long-Term Liabilities $2.672B
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $453.4M
Total Long-Term Liabilities $2.672B
Total Liabilities $3.125B
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$1.042B
YoY Change
Common Stock $79.00K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.207B -$352.5M -$441.0M
YoY Change
Total Liabilities & Shareholders Equity $7.653B
YoY Change

Cashflow Statement

Concept 2021 Q2 2020 Q2 2020 Q1
OPERATING ACTIVITIES
Net Income -$165.3M $7.808M -$106.4M
YoY Change -2217.24%
Depreciation, Depletion And Amortization $25.00M $15.00M $4.700M
YoY Change 66.67%
Cash From Operating Activities -$257.5M $122.1M $272.8M
YoY Change -310.89%
INVESTING ACTIVITIES
Capital Expenditures -$19.40M -$3.300M -$5.500M
YoY Change 487.88%
Acquisitions
YoY Change
Other Investing Activities $77.70M $35.50M $70.80M
YoY Change 118.87%
Cash From Investing Activities $58.40M $32.10M $65.30M
YoY Change 81.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 269.2M -368.3M 81.90M
YoY Change -173.09%
NET CHANGE
Cash From Operating Activities -257.5M 122.1M 272.8M
Cash From Investing Activities 58.40M 32.10M 65.30M
Cash From Financing Activities 269.2M -368.3M 81.90M
Net Change In Cash 70.10M -214.1M 420.0M
YoY Change -132.74%
FREE CASH FLOW
Cash From Operating Activities -$257.5M $122.1M $272.8M
Capital Expenditures -$19.40M -$3.300M -$5.500M
Free Cash Flow -$238.1M $125.4M $278.3M
YoY Change -289.87%

Facts In Submission

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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Number Of Reportable Segments
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us-gaap Use Of Estimates
UseOfEstimates
The preparation of our Unaudited Condensed Consolidated Financial Statements and related disclosures in conformity with GAAP requires management to make assumptions and estimates that affect the amounts reported in our Unaudited Condensed Consolidated Financial Statements and accompanying notes. Management bases its estimates on historical experience and on various other factors it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of our assets and liabilities. These judgments, assumptions and estimates include, but are not limited to, the following: (i) fair value measurements; (ii) stock-based compensation expense, and (iii) business combinations. These judgments, estimates and assumptions are inherently subjective in nature and, therefore, actual results may differ from our estimates and assumptions.
us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
0 USD
sofi Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Conversion Of Warrant Liability To Common Stock Warrants
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationConversionOfWarrantLiabilityToCommonStockWarrants
39959000 USD
sofi Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Conversion Of Warrant Liability To Common Stock Warrants
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationConversionOfWarrantLiabilityToCommonStockWarrants
0 USD
us-gaap Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
2702569000 USD
us-gaap Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
0 USD
us-gaap Notes Issued1
NotesIssued1
0 USD
us-gaap Notes Issued1
NotesIssued1
243998000 USD
sofi Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Amount Of Redeemable Preferred Stock Issued
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationAmountOfRedeemablePreferredStockIssued
0 USD
sofi Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Amount Of Redeemable Preferred Stock Issued
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationAmountOfRedeemablePreferredStockIssued
814156000 USD
sofi Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Amount Of Common Stock Options Issued
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationAmountOfCommonStockOptionsIssued
0 USD
sofi Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Amount Of Common Stock Options Issued
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationAmountOfCommonStockOptionsIssued
32197000 USD
us-gaap Stock Issued1
StockIssued1
0 USD
us-gaap Stock Issued1
StockIssued1
15565000 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
0 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
2026000 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
5832000 USD
CY2021Q2 sofi Variable Interest Entity Consolidated Number Of Entities
VariableInterestEntityConsolidatedNumberOfEntities
13 entity
CY2020Q4 sofi Variable Interest Entity Consolidated Number Of Entities
VariableInterestEntityConsolidatedNumberOfEntities
15 entity
CY2021Q2 sofi Variable Interest Entity Consolidated Without Securitization Of Debt Number Of Entities
VariableInterestEntityConsolidatedWithoutSecuritizationOfDebtNumberOfEntities
1 entity
CY2020Q4 sofi Variable Interest Entity Consolidated Without Securitization Of Debt Number Of Entities
VariableInterestEntityConsolidatedWithoutSecuritizationOfDebtNumberOfEntities
1 entity
CY2021Q2 sofi Variable Interest Entity Ownership Percentage Threshold To Determine Significant Interest
VariableInterestEntityOwnershipPercentageThresholdToDetermineSignificantInterest
0.10
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
306533000 USD
CY2020Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
254619000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
768453000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
896119000 USD
sofi Securitization Investments Acquired From Loan Transfers
SecuritizationInvestmentsAcquiredFromLoanTransfers
47265000 USD
sofi Securitization Investments Acquired From Loan Transfers
SecuritizationInvestmentsAcquiredFromLoanTransfers
151768000 USD
us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
896000 USD
us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
2636000 USD
sofi Deconsolidation Of Residual Interests Classified As Debt
DeconsolidationOfResidualInterestsClassifiedAsDebt
0 USD
sofi Deconsolidation Of Residual Interests Classified As Debt
DeconsolidationOfResidualInterestsClassifiedAsDebt
72026000 USD
sofi Deconsolidation Of Securitized Debt
DeconsolidationOfSecuritizedDebt
0 USD
sofi Deconsolidation Of Securitized Debt
DeconsolidationOfSecuritizedDebt
659029000 USD
sofi Payments Of Reverse Recapitalization Issuance Costs
PaymentsOfReverseRecapitalizationIssuanceCosts
588000 USD
sofi Payments Of Reverse Recapitalization Issuance Costs
PaymentsOfReverseRecapitalizationIssuanceCosts
0 USD
sofi Noncash Or Part Cash Transaction Business Combination Reduction In Temporary Equity
NoncashOrPartCashTransactionBusinessCombinationReductionInTemporaryEquity
743000 USD
sofi Noncash Or Part Cash Transaction Business Combination Reduction In Temporary Equity
NoncashOrPartCashTransactionBusinessCombinationReductionInTemporaryEquity
0 USD
us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
200250000 USD
CY2021Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
1081000 USD
CY2021Q2 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 USD
CY2020Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
2955000 USD
CY2020Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
338000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
102000 USD
CY2021Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
102000 USD
CY2021Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1124000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
61452000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19050000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
115679000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
21168000 USD
CY2021Q2 us-gaap Deferred Revenue
DeferredRevenue
2686000 USD
CY2020Q4 us-gaap Deferred Revenue
DeferredRevenue
2520000 USD
CY2020Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
76000 USD
CY2021Q2 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
961000 USD
CY2021Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
182000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
76000 USD
CY2021Q2 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
558000 USD
CY2020Q4 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
527000 USD
us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
1770000 USD
CY2021Q2 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
79000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
143000 USD
CY2020Q2 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
262000 USD
us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
262000 USD
CY2020Q2 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
18000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
18000 USD
CY2021Q2 us-gaap Contract With Customer Receivable After Allowance For Credit Loss
ContractWithCustomerReceivableAfterAllowanceForCreditLoss
30410000 USD
CY2020Q4 us-gaap Contract With Customer Receivable After Allowance For Credit Loss
ContractWithCustomerReceivableAfterAllowanceForCreditLoss
23278000 USD
CY2021Q2 sofi Reverse Recapitalization Cash Consideration
ReverseRecapitalizationCashConsideration
764800000 USD
CY2021Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
150000000.0 USD
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
27500000 USD
CY2020 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
600000 USD
CY2021Q2 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
122500000 shares
CY2021Q2 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
10.00
CY2021Q2 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
1225000000 USD
CY2021Q2 sofi Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
1.7428
CY2021Q2 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
4685348000 USD
CY2020Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
4859068000 USD
CY2021Q2 us-gaap Notes Receivable Net
NotesReceivableNet
4727515000 USD
CY2020Q4 us-gaap Notes Receivable Net
NotesReceivableNet
4879303000 USD
CY2021Q2 sofi Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases Securitization Clean Up Calls
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSecuritizationCleanUpCalls
131372000 USD
sofi Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases Securitization Clean Up Calls
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSecuritizationCleanUpCalls
131372000 USD
CY2020Q2 sofi Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases Securitization Clean Up Calls
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSecuritizationCleanUpCalls
0 USD
sofi Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases Securitization Clean Up Calls
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSecuritizationCleanUpCalls
33012000 USD
CY2021Q2 sofi Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases Of Previously Sold Loans
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesOfPreviouslySoldLoans
15185000 USD
sofi Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases Of Previously Sold Loans
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesOfPreviouslySoldLoans
15185000 USD
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
919000 USD
CY2021Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
645000 USD
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
334000 USD
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1230000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
562000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1780000 USD
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1112000 USD
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1230000 USD
CY2021Q2 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
28125000 shares
CY2021Q2 sofi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of25 Basis Point Adverse Change In Market Servicing Costs
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf25BasisPointAdverseChangeInMarketServicingCosts
-10649000 USD
CY2020Q4 sofi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of25 Basis Point Adverse Change In Market Servicing Costs
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf25BasisPointAdverseChangeInMarketServicingCosts
-10472000 USD
CY2021Q2 sofi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of50 Basis Point Adverse Change In Market Servicing Costs
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf50BasisPointAdverseChangeInMarketServicingCosts
-20787000 USD
CY2020Q4 sofi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of50 Basis Point Adverse Change In Market Servicing Costs
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf50BasisPointAdverseChangeInMarketServicingCosts
-20944000 USD
CY2021Q2 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed
-6189000 USD
CY2020Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed
-5430000 USD
CY2021Q2 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed
-12337000 USD
CY2020Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed
-10230000 USD
CY2021Q2 sofi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of10 Percent Adverse Change In Default Rate
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf10PercentAdverseChangeInDefaultRate
-192000 USD
CY2020Q4 sofi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of10 Percent Adverse Change In Default Rate
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf10PercentAdverseChangeInDefaultRate
-336000 USD
CY2021Q2 sofi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of20 Percent Adverse Change In Default Rate
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf20PercentAdverseChangeInDefaultRate
-379000 USD
CY2020Q4 sofi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of20 Percent Adverse Change In Default Rate
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf20PercentAdverseChangeInDefaultRate
-681000 USD
CY2021Q2 sofi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of100 Basis Points Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf100BasisPointsAdverseChangeInDiscountRate
-3417000 USD
CY2020Q4 sofi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of100 Basis Points Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf100BasisPointsAdverseChangeInDiscountRate
-2986000 USD
CY2021Q2 sofi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of200 Basis Points Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf200BasisPointsAdverseChangeInDiscountRate
-6650000 USD
CY2020Q4 sofi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of200 Basis Points Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf200BasisPointsAdverseChangeInDiscountRate
-5820000 USD
CY2021Q1 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
161240000 USD
CY2021Q2 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
21793000 USD
CY2021Q2 us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
580000 USD
CY2021Q2 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-224000 USD
CY2021Q2 us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-22462000 USD
CY2021Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
159767000 USD
CY2020Q1 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
209919000 USD
CY2020Q2 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
18569000 USD
CY2020Q2 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-18720000 USD
CY2020Q2 us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-25744000 USD
CY2020Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
184024000 USD
CY2020Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
149597000 USD
us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
67924000 USD
us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
580000 USD
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-12333000 USD
us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-44841000 USD
CY2021Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
159767000 USD
CY2019Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
201618000 USD
us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
45301000 USD
us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
221000 USD
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-11661000 USD
us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-51013000 USD
CY2020Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
184024000 USD
CY2021Q2 sofi Warrant Liability
WarrantLiability
200250000 USD
CY2021Q2 sofi Warrant Liability
WarrantLiability
239343000 USD
CY2021Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2343215000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
4830137000 USD
CY2021Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
23297000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
31212000 USD
CY2021Q2 us-gaap Long Term Debt
LongTermDebt
2319918000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
4798925000 USD
sofi Debt Instrument Debt Discounts Issued
DebtInstrumentDebtDiscountsIssued
0 USD
sofi Debt Instrument Debt Premiums Issued
DebtInstrumentDebtPremiumsIssued
335000 USD
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
1200000 USD
CY2021Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
1972000 USD
CY2020Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
19817000 USD
CY2021Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2021Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2021Q2 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
100000000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
102116 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
6.24
CY2021Q2 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.0000025
CY2021Q2 us-gaap Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
465832666 shares
CY2021Q2 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
15000000 shares
CY2021Q2 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
15000000 shares
CY2021Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
150000000.0 USD
CY2020Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
0 USD
CY2021Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
0 USD
CY2021Q2 us-gaap Temporary Equity Aggregate Amount Of Redemption Requirement
TemporaryEquityAggregateAmountOfRedemptionRequirement
323400000 USD
CY2021Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
8.86
CY2020Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
8.86
CY2021Q1 sofi Stockholders Equity Shares Contingently Issuable Common Stock
StockholdersEquitySharesContingentlyIssuableCommonStock
1281132 shares
CY2021Q2 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
188684594 shares
CY2020Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
673305089 shares
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
52154000 USD
CY2020Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
23545000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
89608000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
43230000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
29947975 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.69
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y7M6D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2797592 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.49
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
7540 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
6.31
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
27040727 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.13
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y1M6D
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
26036585 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
6.26
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P6Y1M6D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
sofi Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Adjustment
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodAdjustment
593798
CY2021Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
9700000 USD
CY2021Q2 sofi Common Stock Weighted Average Fair Value During Period
CommonStockWeightedAverageFairValueDuringPeriod
19.07
CY2021Q2 sofi Share Based Payment Arrangement Expense From Modification Date Fair Value
ShareBasedPaymentArrangementExpenseFromModificationDateFairValue
180000 USD
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-78000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1021000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3581000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-99768000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-99711000 USD
CY2021Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2021Q2 sofi Increase Decrease In Operating Lease Cost Concession
IncreaseDecreaseInOperatingLeaseCostConcession
566000 USD
sofi Increase Decrease In Operating Lease Cost Concession
IncreaseDecreaseInOperatingLeaseCostConcession
1132000 USD
CY2020Q2 sofi Increase Decrease In Operating Lease Cost Concession
IncreaseDecreaseInOperatingLeaseCostConcession
566000 USD
sofi Increase Decrease In Operating Lease Cost Concession
IncreaseDecreaseInOperatingLeaseCostConcession
566000 USD
CY2021Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
1750000 USD
CY2021Q2 us-gaap Estimated Insurance Recoveries
EstimatedInsuranceRecoveries
1750000 USD
CY2021Q2 sofi Contingent Repurchase Obligation With Counterparty Amount At Risk
ContingentRepurchaseObligationWithCounterpartyAmountAtRisk
7156000 USD
CY2020Q4 sofi Contingent Repurchase Obligation With Counterparty Amount At Risk
ContingentRepurchaseObligationWithCounterpartyAmountAtRisk
5196000 USD
CY2021Q2 sofi Maximum Repurchase Obligation
MaximumRepurchaseObligation
5400000000 USD
CY2020Q4 sofi Maximum Repurchase Obligation
MaximumRepurchaseObligation
3900000000 USD
CY2021Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
9300000 USD
CY2020Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
9300000 USD
CY2021Q2 sofi Letter Of Credit Collateral Amount
LetterOfCreditCollateralAmount
3300000 USD
CY2020Q4 sofi Letter Of Credit Collateral Amount
LetterOfCreditCollateralAmount
3300000 USD
us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
1
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-165314000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
7808000 USD
us-gaap Net Income Loss
NetIncomeLoss
-342878000 USD
us-gaap Net Income Loss
NetIncomeLoss
-98559000 USD
CY2021Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
10079000 USD
CY2020Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
10051000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
20047000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
20157000 USD
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-175393000 USD
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-175393000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-2243000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2243000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-362925000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-362925000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-118716000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-118716000 USD
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
365036365 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72147293 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
241282003 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70768457 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
365036365 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72147293 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
241282003 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70768457 shares
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.48
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.50
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.68
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.48
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.50
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.68
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2020Q2 us-gaap Interest Income Related Party
InterestIncomeRelatedParty
879000 USD
us-gaap Interest Income Related Party
InterestIncomeRelatedParty
1931000 USD
CY2021Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
56012000 USD
CY2021Q2 us-gaap Noninterest Income
NoninterestIncome
175262000 USD
CY2021Q2 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
231274000 USD
CY2020Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
42747000 USD
CY2020Q2 us-gaap Noninterest Income
NoninterestIncome
72205000 USD
CY2020Q2 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
114952000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
103292000 USD
us-gaap Noninterest Income
NoninterestIncome
323966000 USD
us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
427258000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
89896000 USD
us-gaap Noninterest Income
NoninterestIncome
103358000 USD
us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
193254000 USD
CY2021Q2 us-gaap Other Income
OtherIncome
2647000 USD
CY2020Q2 us-gaap Other Income
OtherIncome
-2379000 USD
us-gaap Other Income
OtherIncome
-1874000 USD
us-gaap Other Income
OtherIncome
-1106000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-165392000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-91960000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-341857000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-198270000 USD
CY2021Q2 sofi Variable Interest Entity Consolidated Number Of Entities
VariableInterestEntityConsolidatedNumberOfEntities
13 entity

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