2021 Q4 Form 10-K Financial Statement

#000181887422000031 Filed on March 01, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q2 2021
Revenue $231.3M $984.9M
YoY Change 101.19% 74.15%
Cost Of Revenue $60.62M $257.0M
YoY Change 46.41% 43.65%
Gross Profit $170.7M $727.9M
YoY Change 132.04% 88.26%
Gross Profit Margin 73.79% 73.91%
Selling, General & Admin $266.2M $925.4M
YoY Change 126.2% 80.06%
% of Gross Profit 155.97% 127.14%
Research & Development $69.39M $276.1M
YoY Change 45.07% 37.22%
% of Gross Profit 40.66% 37.93%
Depreciation & Amortization $26.60M $25.00M $101.6M
YoY Change 4.31% 66.67% 45.45%
% of Gross Profit 14.65% 13.95%
Operating Expenses $335.6M $1.201B
YoY Change 102.75% 68.0%
Operating Profit -$164.9M -$473.6M
YoY Change 79.32% 44.16%
Interest Expense $28.10M $102.8M
YoY Change -35.14% -44.63%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$109.5M -$165.4M -$481.2M
YoY Change 25.0% 79.85% 46.47%
Income Tax $1.600M -$78.00K $2.760M
% Of Pretax Income
Net Earnings -$111.0M -$165.3M -$483.9M
YoY Change 34.38% -2217.24% 115.99%
Net Earnings / Revenue -71.48% -49.14%
Basic Earnings Per Share -$0.48 -$1.00
Diluted Earnings Per Share -$210.7K -$0.48 -$1.00
COMMON SHARES
Basic Shares Outstanding 806.9M shares 365.0M shares 526.7M shares
Diluted Shares Outstanding 365.0M shares 526.7M shares

Balance Sheet

Concept 2021 Q4 2021 Q2 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $494.7M $461.9M
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 $227.1M $208.4M $227.1M
YoY Change 14.52%
Goodwill $898.5M $898.5M
YoY Change -0.08%
Intangibles $284.6M $317.8M
YoY Change -19.86%
Long-Term Investments $19.74M $0.00 $19.70M
YoY Change -81.64% -81.67%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $9.176B $7.653B $9.176B
YoY Change 7.16% 7.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $298.2M $317.9M $284.0M
YoY Change -35.19%
Accrued Expenses $138.8M $135.5M $138.8M
YoY Change -0.72%
Deferred Revenue $2.553M
YoY Change 1.31%
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $437.0M $453.4M $422.8M
YoY Change -26.85%
LONG-TERM LIABILITIES
Long-Term Debt $4.042B $2.433B $4.056B
YoY Change -17.76%
Other Long-Term Liabilities $239.3M
YoY Change
Total Long-Term Liabilities $4.042B $2.672B $4.056B
YoY Change -17.76%
TOTAL LIABILITIES
Total Short-Term Liabilities $437.0M $453.4M $422.8M
Total Long-Term Liabilities $4.042B $2.672B $4.056B
Total Liabilities $4.479B $3.125B $4.479B
YoY Change -18.72% -18.72%
SHAREHOLDERS EQUITY
Retained Earnings -$1.183B -$1.042B
YoY Change 69.22%
Common Stock $83.00K $79.00K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.377B $4.207B $4.698B
YoY Change
Total Liabilities & Shareholders Equity $9.176B $7.653B $9.176B
YoY Change 7.16% 7.16%

Cashflow Statement

Concept 2021 Q4 2021 Q2 2021
OPERATING ACTIVITIES
Net Income -$111.0M -$165.3M -$483.9M
YoY Change 34.38% -2217.24% 115.99%
Depreciation, Depletion And Amortization $26.60M $25.00M $101.6M
YoY Change 4.31% 66.67% 45.45%
Cash From Operating Activities -$1.236B -$257.5M -$1.350B
YoY Change -23875.0% -310.89% 181.68%
INVESTING ACTIVITIES
Capital Expenditures -$13.90M -$19.40M -$52.30M
YoY Change 101.45% 487.88% 113.47%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $44.50M $77.70M $162.5M
YoY Change -42.65% 118.87% -42.68%
Cash From Investing Activities $30.70M $58.40M $110.2M
YoY Change -56.52% 81.93% -57.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $526.0K
YoY Change -100.14%
Debt Paid & Issued, Net $10.43B
YoY Change 7.42%
Cash From Financing Activities 1.120B 269.2M $685.0M
YoY Change 141.99% -173.09% -19.77%
NET CHANGE
Cash From Operating Activities -1.236B -257.5M -$1.350B
Cash From Investing Activities 30.70M 58.40M $110.2M
Cash From Financing Activities 1.120B 269.2M $685.0M
Net Change In Cash -85.90M 70.10M -$555.0M
YoY Change -115.95% -132.74% -187.65%
FREE CASH FLOW
Cash From Operating Activities -$1.236B -$257.5M -$1.350B
Capital Expenditures -$13.90M -$19.40M -$52.30M
Free Cash Flow -$1.222B -$238.1M -$1.298B
YoY Change -10202.48% -289.87% 185.36%

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PaymentsForRepurchaseOfCommonStock
8804000 USD
CY2021 sofi Payments For Repurchase Of Redeemable Common And Preferred Stock
PaymentsForRepurchaseOfRedeemableCommonAndPreferredStock
282859000 USD
CY2020 sofi Payments For Repurchase Of Redeemable Common And Preferred Stock
PaymentsForRepurchaseOfRedeemableCommonAndPreferredStock
0 USD
CY2019 sofi Payments For Repurchase Of Redeemable Common And Preferred Stock
PaymentsForRepurchaseOfRedeemableCommonAndPreferredStock
0 USD
CY2021 sofi Proceeds From Reverse Recapitalization Transaction
ProceedsFromReverseRecapitalizationTransaction
1989851000 USD
CY2020 sofi Proceeds From Reverse Recapitalization Transaction
ProceedsFromReverseRecapitalizationTransaction
0 USD
CY2019 sofi Proceeds From Reverse Recapitalization Transaction
ProceedsFromReverseRecapitalizationTransaction
0 USD
CY2021 sofi Payments Of Stock Issuance Costs For Reverse Recapitalization Transaction
PaymentsOfStockIssuanceCostsForReverseRecapitalizationTransaction
26951000 USD
CY2020 sofi Payments Of Stock Issuance Costs For Reverse Recapitalization Transaction
PaymentsOfStockIssuanceCostsForReverseRecapitalizationTransaction
0 USD
CY2019 sofi Payments Of Stock Issuance Costs For Reverse Recapitalization Transaction
PaymentsOfStockIssuanceCostsForReverseRecapitalizationTransaction
0 USD
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
25154000 USD
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3781000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
7844000 USD
CY2021 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
95047000 USD
CY2020 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 USD
CY2019 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 USD
CY2021 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
40426000 USD
CY2020 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
40536000 USD
CY2019 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
23923000 USD
CY2021 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
56000 USD
CY2020 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2019 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2021 sofi Payments For Issuance Of Notes Receivable To Stockholder
PaymentsForIssuanceOfNotesReceivableToStockholder
0 USD
CY2020 sofi Payments For Issuance Of Notes Receivable To Stockholder
PaymentsForIssuanceOfNotesReceivableToStockholder
0 USD
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
516000 USD
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
489000 USD
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0 USD
CY2019 sofi Payments For Issuance Of Notes Receivable To Stockholder
PaymentsForIssuanceOfNotesReceivableToStockholder
58000000 USD
CY2021 sofi Proceeds From Principal Repayments From Stockholder
ProceedsFromPrincipalRepaymentsFromStockholder
0 USD
CY2020 sofi Proceeds From Principal Repayments From Stockholder
ProceedsFromPrincipalRepaymentsFromStockholder
43513000 USD
CY2019 sofi Proceeds From Principal Repayments From Stockholder
ProceedsFromPrincipalRepaymentsFromStockholder
14487000 USD
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
369840000 USD
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2021 us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
0 USD
CY2020 us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
0 USD
CY2019 us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
573845000 USD
CY2021 sofi Payments For Redeemable Preferred Stock Issuance Costs
PaymentsForRedeemablePreferredStockIssuanceCosts
0 USD
CY2020 sofi Payments For Redeemable Preferred Stock Issuance Costs
PaymentsForRedeemablePreferredStockIssuanceCosts
0 USD
CY2019 sofi Payments For Redeemable Preferred Stock Issuance Costs
PaymentsForRedeemablePreferredStockIssuanceCosts
2400000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
684987000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
853754000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
93077000 USD
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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46000 USD
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-145000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-9000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-554991000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
633222000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
153203000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1323428000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
690206000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
537003000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
768437000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1323428000 USD
CY2021 sofi Securitization Investments Acquired From Loan Transfers
SecuritizationInvestmentsAcquiredFromLoanTransfers
118274000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
690206000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
494711000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
872582000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
499486000 USD
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
273726000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
450846000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
190720000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
768437000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1323428000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
690206000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
94795000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
129131000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
224916000 USD
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1759000 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
529000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
8000 USD
CY2020 sofi Securitization Investments Acquired From Loan Transfers
SecuritizationInvestmentsAcquiredFromLoanTransfers
151768000 USD
CY2019 sofi Securitization Investments Acquired From Loan Transfers
SecuritizationInvestmentsAcquiredFromLoanTransfers
351254000 USD
CY2021 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
1930000 USD
CY2020 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
358000 USD
CY2019 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
15247000 USD
CY2021 sofi Debt Securities Available For Sale Purchased But Not Yet Paid
DebtSecuritiesAvailableForSalePurchasedButNotYetPaid
7457000 USD
CY2020 sofi Debt Securities Available For Sale Purchased But Not Yet Paid
DebtSecuritiesAvailableForSalePurchasedButNotYetPaid
0 USD
CY2019 sofi Debt Securities Available For Sale Purchased But Not Yet Paid
DebtSecuritiesAvailableForSalePurchasedButNotYetPaid
0 USD
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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7776000 USD
CY2020 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0 USD
CY2019 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0 USD
CY2021 sofi Noncash Or Part Noncash Transaction Third Party Warrants Acquired
NoncashOrPartNoncashTransactionThirdPartyWarrantsAcquired
964000 USD
CY2020 sofi Noncash Or Part Noncash Transaction Third Party Warrants Acquired
NoncashOrPartNoncashTransactionThirdPartyWarrantsAcquired
0 USD
CY2019 sofi Noncash Or Part Noncash Transaction Third Party Warrants Acquired
NoncashOrPartNoncashTransactionThirdPartyWarrantsAcquired
0 USD
CY2021 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
925000 USD
CY2020 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
1600000 USD
CY2019 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
0 USD
CY2021 sofi Payments Of Reverse Recapitalization Issuance Costs
PaymentsOfReverseRecapitalizationIssuanceCosts
588000 USD
CY2020 sofi Payments Of Reverse Recapitalization Issuance Costs
PaymentsOfReverseRecapitalizationIssuanceCosts
0 USD
CY2019 sofi Payments Of Reverse Recapitalization Issuance Costs
PaymentsOfReverseRecapitalizationIssuanceCosts
0 USD
CY2021 sofi Noncash Or Part Noncash Transaction Business Combination Reduction In Temporary Equity
NoncashOrPartNoncashTransactionBusinessCombinationReductionInTemporaryEquity
743000 USD
CY2020 sofi Noncash Or Part Noncash Transaction Business Combination Reduction In Temporary Equity
NoncashOrPartNoncashTransactionBusinessCombinationReductionInTemporaryEquity
0 USD
CY2019 sofi Noncash Or Part Noncash Transaction Business Combination Reduction In Temporary Equity
NoncashOrPartNoncashTransactionBusinessCombinationReductionInTemporaryEquity
0 USD
CY2021 us-gaap Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
2702569000 USD
CY2020 us-gaap Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
0 USD
CY2019 us-gaap Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
0 USD
CY2021 sofi Deconsolidation Of Residual Interests Classified As Debt
DeconsolidationOfResidualInterestsClassifiedAsDebt
0 USD
CY2020 sofi Deconsolidation Of Residual Interests Classified As Debt
DeconsolidationOfResidualInterestsClassifiedAsDebt
101718000 USD
CY2019 sofi Deconsolidation Of Residual Interests Classified As Debt
DeconsolidationOfResidualInterestsClassifiedAsDebt
97928000 USD
CY2021 sofi Deconsolidation Of Securitized Debt
DeconsolidationOfSecuritizedDebt
0 USD
CY2020 sofi Deconsolidation Of Securitized Debt
DeconsolidationOfSecuritizedDebt
770918000 USD
CY2019 sofi Deconsolidation Of Securitized Debt
DeconsolidationOfSecuritizedDebt
1366992000 USD
CY2021 us-gaap Notes Issued1
NotesIssued1
0 USD
CY2020 us-gaap Notes Issued1
NotesIssued1
243998000 USD
CY2019 us-gaap Notes Issued1
NotesIssued1
0 USD
CY2021 sofi Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Amount Of Redeemable Preferred Stock Issued
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationAmountOfRedeemablePreferredStockIssued
0 USD
CY2020 sofi Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Amount Of Redeemable Preferred Stock Issued
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationAmountOfRedeemablePreferredStockIssued
814156000 USD
CY2019 sofi Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Amount Of Redeemable Preferred Stock Issued
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationAmountOfRedeemablePreferredStockIssued
0 USD
CY2021 sofi Redeemable Preferred Stock Warrants Accounted For As Liabilities
RedeemablePreferredStockWarrantsAccountedForAsLiabilities
0 USD
CY2020 sofi Redeemable Preferred Stock Warrants Accounted For As Liabilities
RedeemablePreferredStockWarrantsAccountedForAsLiabilities
0 USD
CY2019 sofi Redeemable Preferred Stock Warrants Accounted For As Liabilities
RedeemablePreferredStockWarrantsAccountedForAsLiabilities
22268000 USD
CY2021 sofi Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Amount Of Common Stock Options Issued
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationAmountOfCommonStockOptionsIssued
0 USD
CY2020 sofi Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Amount Of Common Stock Options Issued
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationAmountOfCommonStockOptionsIssued
32197000 USD
CY2019 sofi Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Amount Of Common Stock Options Issued
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationAmountOfCommonStockOptionsIssued
0 USD
CY2021 us-gaap Stock Issued1
StockIssued1
0 USD
CY2020 us-gaap Stock Issued1
StockIssued1
15565000 USD
CY2019 us-gaap Stock Issued1
StockIssued1
0 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
15100000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
CY2021 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
0 USD
CY2020 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
2026000 USD
CY2019 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
0 USD
CY2021 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 USD
CY2020 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
5832000 USD
CY2019 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 USD
CY2021 sofi Issuances Of Residual Interests Classified As Debt As Consideration For Loan Additions
IssuancesOfResidualInterestsClassifiedAsDebtAsConsiderationForLoanAdditions
0 USD
CY2020 sofi Issuances Of Residual Interests Classified As Debt As Consideration For Loan Additions
IssuancesOfResidualInterestsClassifiedAsDebtAsConsiderationForLoanAdditions
0 USD
CY2019 sofi Issuances Of Residual Interests Classified As Debt As Consideration For Loan Additions
IssuancesOfResidualInterestsClassifiedAsDebtAsConsiderationForLoanAdditions
116906000 USD
CY2021 sofi Deferred Equity Costs Accrued But Not Yet Paid
DeferredEquityCostsAccruedButNotYetPaid
0 USD
CY2020 sofi Deferred Equity Costs Accrued But Not Yet Paid
DeferredEquityCostsAccruedButNotYetPaid
56000 USD
CY2019 sofi Deferred Equity Costs Accrued But Not Yet Paid
DeferredEquityCostsAccruedButNotYetPaid
0 USD
CY2021 sofi Common Stock Redeemed But Not Yet Paid
CommonStockRedeemedButNotYetPaid
0 USD
CY2020 sofi Common Stock Redeemed But Not Yet Paid
CommonStockRedeemedButNotYetPaid
526000 USD
CY2019 sofi Common Stock Redeemed But Not Yet Paid
CommonStockRedeemedButNotYetPaid
0 USD
CY2021 sofi Redeemable Preferred Stock Redeemed But Not Yet Paid
RedeemablePreferredStockRedeemedButNotYetPaid
0 USD
CY2020 sofi Redeemable Preferred Stock Redeemed But Not Yet Paid
RedeemablePreferredStockRedeemedButNotYetPaid
132859000 USD
CY2019 sofi Redeemable Preferred Stock Redeemed But Not Yet Paid
RedeemablePreferredStockRedeemedButNotYetPaid
0 USD
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2021 us-gaap Use Of Estimates
UseOfEstimates
The preparation of our consolidated financial statements and related disclosures in conformity with GAAP requires management to make assumptions and estimates that affect the amounts reported in our 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) share-based compensation expense; (iii) consolidation of variable interest entities; and (iv) business combinations. These judgments, estimates and assumptions are inherently subjective in nature and, therefore, actual results may differ from our estimates and assumptions.
CY2021Q4 sofi Variable Interest Entity Consolidated Number Of Entities
VariableInterestEntityConsolidatedNumberOfEntities
13 entity
CY2020Q4 sofi Variable Interest Entity Consolidated Number Of Entities
VariableInterestEntityConsolidatedNumberOfEntities
15 entity
CY2021Q4 sofi Variable Interest Entity Ownership Percentage Threshold To Determine Significant Interest
VariableInterestEntityOwnershipPercentageThresholdToDetermineSignificantInterest
0.10
CY2021 us-gaap Financing Receivable Accrued Interest Writeoff
FinancingReceivableAccruedInterestWriteoff
133000 USD
CY2020 us-gaap Financing Receivable Accrued Interest Writeoff
FinancingReceivableAccruedInterestWriteoff
0 USD
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
7037000 USD
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
219000 USD
CY2021 sofi Number Of Classes Of Servicing Assets
NumberOfClassesOfServicingAssets
3 class
CY2021 sofi Number Of Classes Of Servicing Assets
NumberOfClassesOfServicingAssets
3 class
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
15100000 USD
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
2876000 USD
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
12224000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
166309000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
54436000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
111873000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
15100000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
719000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
14381000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
120003000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
38514000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
81489000 USD
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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7776000 USD
CY2021 sofi Amortization Of Share Based Compensation Expense
AmortizationOfShareBasedCompensationExpense
792000 USD
CY2020 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0 USD
CY2019 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0 USD
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
5561000 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
981000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
0 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
2955000 USD
CY2021Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
117000 USD
CY2021Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
117000 USD
CY2020Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 USD
CY2020Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 USD
CY2021Q4 us-gaap Derivative Assets
DerivativeAssets
5444000 USD
CY2021Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
864000 USD
CY2020Q4 us-gaap Derivative Assets
DerivativeAssets
0 USD
CY2020Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
2955000 USD
CY2021Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
5798529000 USD
CY2020Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
5876277000 USD
CY2021Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
1306000 USD
CY2020Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
19817000 USD
CY2021 us-gaap Revenue Recognition Interest
RevenueRecognitionInterest
<div style="margin-bottom:9pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We record interest income associated with loans measured at fair value over the term of the underlying loans using the effective interest method on unpaid loan principal amounts, which is presented within</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> interest income—loans</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> in the consolidated statements of operations and comprehensive income (loss). We also record accrued interest income associated with loans measured at amortized cost within </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">interest income—loans.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> We stop accruing interest and reverse all accrued but unpaid interest at the time a loan charges off. Loans are returned to accrual status if the loans are brought to nondelinquent status or have performed in accordance with the contractual terms for a reasonable period of time and, in management’s judgment, will continue to make scheduled periodic principal and interest payments. </span></div><div style="margin-bottom:9pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We also have interest income associated with our investments in AFS debt securities. See </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">“Investments in Debt Securities”</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> in this Note 1 for additional information.</span></div>During the years ended December 31, 2021, 2020 and 2019, related party interest income primarily arose from a note receivable we issued to a stockholder in 2019 that was repaid during 2020 and lending activities with Apex, our former equity method investee, which were settled in February 2021. See Note 15 for additional information. Other interest income is primarily earned on our bank balances and on member deposits with our member bank holding companies that enable our SoFi Money product.
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1451000 USD
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
3422000 USD
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2553000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2520000 USD
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
685000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
342000 USD
CY2021Q4 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
678000 USD
CY2020Q4 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
527000 USD
CY2021 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
3302000 USD
CY2021 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
267000 USD
CY2020 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
1659000 USD
CY2020 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
185000 USD
CY2021Q4 us-gaap Contract With Customer Receivable After Allowance For Credit Loss
ContractWithCustomerReceivableAfterAllowanceForCreditLoss
33748000 USD
CY2020Q4 us-gaap Contract With Customer Receivable After Allowance For Credit Loss
ContractWithCustomerReceivableAfterAllowanceForCreditLoss
23278000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
247718000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
103331000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4520000 USD
CY2021 us-gaap Advertising Expense
AdvertisingExpense
183106000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
138888000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
169942000 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021Q2 sofi Reverse Recapitalization Cash Consideration
ReverseRecapitalizationCashConsideration
764800000 USD
CY2021Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
150000000 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
CY2020Q4 us-gaap Goodwill Gross
GoodwillGross
899270000 USD
CY2019Q4 us-gaap Goodwill Gross
GoodwillGross
15673000 USD
CY2020Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 USD
CY2019Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 USD
CY2020Q4 us-gaap Goodwill
Goodwill
899270000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
15673000 USD
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 USD
CY2020 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
883597000 USD
CY2021 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
-743000 USD
CY2020 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
0 USD
CY2021Q4 us-gaap Goodwill
Goodwill
898527000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
899270000 USD
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
410138000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
125559000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
284579000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
410138000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
55052000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
355086000 USD
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
70507000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
49735000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3008000 USD
CY2019 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2020 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2021 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2021 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
152000 USD
CY2021 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-108000 USD
CY2021 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
57541000 USD
CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
4799000 USD
CY2021Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
5952972000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
66449000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
64753000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
31468000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
31468000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
30641000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
59800000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
284579000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
195796000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
462000 USD
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
4000 USD
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1355000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
194907000 USD
CY2021 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-384000 USD
CY2020Q4 us-gaap Notes Receivable Net
NotesReceivableNet
4879303000 USD
CY2020Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
4859068000 USD
CY2021Q4 us-gaap Notes Receivable Net
NotesReceivableNet
6068884000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
10539000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
171637000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
2010000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
11610000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
195796000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
10538000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
170340000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
1992000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
11575000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
194445000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
462000 USD
CY2021 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
44000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
766000 USD
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
204000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
562000 USD
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3043000 USD
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1313000 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2292000 USD
CY2021Q4 sofi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of25 Basis Point Adverse Change In Market Servicing Costs
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf25BasisPointAdverseChangeInMarketServicingCosts
-10822000 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
CY2021Q4 sofi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of50 Basis Point Adverse Change In Market Servicing Costs
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf50BasisPointAdverseChangeInMarketServicingCosts
-21644000 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
CY2021Q4 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
-6260000 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
CY2021Q4 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
-12031000 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
CY2021Q4 sofi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of10 Percent Adverse Change In Default Rate
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf10PercentAdverseChangeInDefaultRate
-205000 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
CY2021Q4 sofi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of20 Percent Adverse Change In Default Rate
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf20PercentAdverseChangeInDefaultRate
-408000 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
CY2021Q4 sofi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of100 Basis Points Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf100BasisPointsAdverseChangeInDiscountRate
-3782000 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
CY2021Q4 sofi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of200 Basis Points Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf200BasisPointsAdverseChangeInDiscountRate
-7349000 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
CY2019Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
201618000 USD
CY2020 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
76592000 USD
CY2020 us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
13858000 USD
CY2020 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-17459000 USD
CY2020 us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-97296000 USD
CY2020Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
149597000 USD
CY2021 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
111582000 USD
CY2021 sofi Servicing Asset At Fair Value Assumed From Third Parties
ServicingAssetAtFairValueAssumedFromThirdParties
370000 USD
CY2021 us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
1052000 USD
CY2021 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-2651000 USD
CY2021 us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-89587000 USD
CY2021Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
168259000 USD
CY2021Q4 sofi Loan Origination Commitments
LoanOriginationCommitments
53189000 USD
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3993358000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
4830137000 USD
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
45375000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
31212000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
3947983000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
4798925000 USD
CY2021Q4 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
22.41
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
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 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
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
828154462 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
828154462 shares
CY2021Q2 sofi Business Combination Equity Interest Issued Or Issuable Number Of Shares
BusinessCombinationEquityInterestIssuedOrIssuableNumberOfShares
1281132 shares
CY2021Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
191008538 shares
CY2020Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
673305089 shares
CY2021 sofi Adjustment To Additional Paid In Capital Capped Call Transaction
AdjustmentToAdditionalPaidInCapitalCappedCallTransaction
113800000 USD
CY2021Q4 sofi Capped Call Conversion Price
CappedCallConversionPrice
22.41
CY2021Q4 sofi Derivative Cap Rate
DerivativeCapRate
32.02
CY2021 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-1413000 USD
CY2021 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-108000 USD
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1305000 USD
CY2020 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-145000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-145000 USD
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
63575425 shares
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
239011000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
99870000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
60936000 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
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
8523468 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
2.95
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
110179 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
1.63
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y9M18D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
20902650 shares
CY2020 sofi Common Stock Weighted Average Fair Value During Period
CommonStockWeightedAverageFairValueDuringPeriod
7.67
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
143181 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
6.35
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
21171147 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.81
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
6.83
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y9M18D
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.44
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
5800000 USD
CY2021 sofi Common Stock Weighted Average Fair Value During Period
CommonStockWeightedAverageFairValueDuringPeriod
18.02
CY2019 sofi Common Stock Weighted Average Fair Value During Period
CommonStockWeightedAverageFairValueDuringPeriod
6.47
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-461023000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-316252000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-238533000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-20154000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-12269000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-1066000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-481177000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-328521000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-239599000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1481000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
23000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
17000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
75000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
13000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
29000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1556000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
36000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
46000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-70692000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-34000 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1222000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-33823000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
94000 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-18000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
11000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-8000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1204000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-104504000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
52000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2760000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-104468000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
98000 USD
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-101047000 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-68921000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-50316000 USD
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
92197000 USD
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-9445000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
53431000 USD
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2096000 USD
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-26681000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
52000 USD
CY2021 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
7067000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
6883000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
5469000 USD
CY2021 sofi Effective Income Tax Rate Reconciliation Nondeductible Expense Warrants Amount
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseWarrantsAmount
22539000 USD
CY2020 sofi Effective Income Tax Rate Reconciliation Nondeductible Expense Warrants Amount
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseWarrantsAmount
4310000 USD
CY2019 sofi Effective Income Tax Rate Reconciliation Nondeductible Expense Warrants Amount
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseWarrantsAmount
-595000 USD
CY2020 sofi Effective Income Tax Rate Reconciliation Tax Expense Benefit Non Deductible Compensation Expense Amount
EffectiveIncomeTaxRateReconciliationTaxExpenseBenefitNonDeductibleCompensationExpenseAmount
0 USD
CY2021 sofi Effective Income Tax Rate Reconciliation Tax Expense Benefit Non Deductible Compensation Expense Amount
EffectiveIncomeTaxRateReconciliationTaxExpenseBenefitNonDeductibleCompensationExpenseAmount
23838000 USD
CY2019 sofi Effective Income Tax Rate Reconciliation Tax Expense Benefit Non Deductible Compensation Expense Amount
EffectiveIncomeTaxRateReconciliationTaxExpenseBenefitNonDeductibleCompensationExpenseAmount
0 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-33950000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-939000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-66000 USD
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
4154000 USD
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
4091000 USD
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
3061000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2760000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-104468000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
98000 USD
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.0057
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.3180
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.0004
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5117000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4307000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1928000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
582000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
55000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1306000 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
331000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
11000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1273000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1086000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1084000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6972000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5117000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4307000 USD
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
336444000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
230866000 USD
CY2021Q4 sofi Deferred Tax Assets Leasing Arrangements
DeferredTaxAssetsLeasingArrangements
29206000 USD
CY2020Q4 sofi Deferred Tax Assets Leasing Arrangements
DeferredTaxAssetsLeasingArrangements
29340000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
19473000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
16876000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
35416000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
25538000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
18610000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
15347000 USD
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
439149000 USD
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
317967000 USD
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
266448000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
141101000 USD
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
172701000 USD
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
176866000 USD
CY2021Q4 sofi Deferred Tax Liabilities Depreciation
DeferredTaxLiabilitiesDepreciation
3555000 USD
CY2020Q4 sofi Deferred Tax Liabilities Depreciation
DeferredTaxLiabilitiesDepreciation
4951000 USD
CY2021Q4 sofi Deferred Tax Liabilities Amortization
DeferredTaxLiabilitiesAmortization
86081000 USD
CY2020Q4 sofi Deferred Tax Liabilities Amortization
DeferredTaxLiabilitiesAmortization
95819000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
25546000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
26121000 USD
CY2021Q4 sofi Deferred Tax Liabilities Servicing Rights
DeferredTaxLiabilitiesServicingRights
47585000 USD
CY2020Q4 sofi Deferred Tax Liabilities Servicing Rights
DeferredTaxLiabilitiesServicingRights
41556000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
9323000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
7268000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
2398000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
1734000 USD
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
174488000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
177449000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
1787000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
583000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
77644000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
148426000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
148426000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
141101000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
141101000 USD
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
266448000 USD
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
20188000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
17371000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
16380000 USD
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2157000 USD
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
719000 USD
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
0 USD
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
485000 USD
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
167000 USD
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0 USD
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
1335000 USD
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
463000 USD
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
323000 USD
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
3979000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
2382000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
880000 USD
CY2021 sofi Operating Lease Right Of Use Asset Increase Decrease From Modifications
OperatingLeaseRightOfUseAssetIncreaseDecreaseFromModifications
-40000 USD
CY2020 sofi Operating Lease Right Of Use Asset Increase Decrease From Modifications
OperatingLeaseRightOfUseAssetIncreaseDecreaseFromModifications
79000 USD
CY2019 sofi Operating Lease Right Of Use Asset Increase Decrease From Modifications
OperatingLeaseRightOfUseAssetIncreaseDecreaseFromModifications
-5407000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
15100000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
CY2021 us-gaap Sublease Income
SubleaseIncome
717000 USD
CY2020 us-gaap Sublease Income
SubleaseIncome
820000 USD
CY2019 us-gaap Sublease Income
SubleaseIncome
512000 USD
CY2021 us-gaap Lease Cost
LeaseCost
27427000 USD
CY2020 us-gaap Lease Cost
LeaseCost
20282000 USD
CY2019 us-gaap Lease Cost
LeaseCost
17071000 USD
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
19811000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
17444000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
12446000 USD
CY2021 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
488000 USD
CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
85000 USD
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
0 USD
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
516000 USD
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
489000 USD
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
12774000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
26417000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
24715000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
115191000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
116858000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
138794000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
139796000 USD
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y7M6D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y6M
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.045
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.047
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
12224000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
14381000 USD
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
14174000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
14693000 USD
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P18Y3M18D
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P19Y2M12D
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.034
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.034
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
22287000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
959000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
22537000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
964000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
21749000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
968000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
20494000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1038000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
19380000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
1060000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
60948000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
14053000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
167395000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
19042000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
28601000 USD
CY2021Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
4868000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
138794000 USD
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
14174000 USD
CY2021 sofi Increase Decrease In Operating Lease Cost Concession
IncreaseDecreaseInOperatingLeaseCostConcession
1509000 USD
CY2020 sofi Increase Decrease In Operating Lease Cost Concession
IncreaseDecreaseInOperatingLeaseCostConcession
1698000 USD
CY2021Q4 us-gaap Other Commitment Due In Next Twelve Months
OtherCommitmentDueInNextTwelveMonths
45015000 USD
CY2021Q4 us-gaap Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
45121000 USD
CY2021Q4 us-gaap Other Commitment Due In Third Year
OtherCommitmentDueInThirdYear
45230000 USD
CY2021Q4 us-gaap Other Commitment Due In Fourth Year
OtherCommitmentDueInFourthYear
45773000 USD
CY2021Q4 us-gaap Other Commitment Due In Fifth Year
OtherCommitmentDueInFifthYear
30526000 USD
CY2021 sofi Contingent Repurchase Obligation With Counterparty Term
ContingentRepurchaseObligationWithCounterpartyTerm
P3Y
CY2021Q4 us-gaap Other Commitment Due After Fifth Year
OtherCommitmentDueAfterFifthYear
448515000 USD
CY2021Q4 us-gaap Other Commitment
OtherCommitment
660180000 USD
CY2021 sofi Number Of Contingent Repurchase Obligations
NumberOfContingentRepurchaseObligations
3 repurchaseObligation
CY2021Q4 sofi Contingent Repurchase Obligation With Counterparty Amount At Risk
ContingentRepurchaseObligationWithCounterpartyAmountAtRisk
7441000 USD
CY2020Q4 sofi Contingent Repurchase Obligation With Counterparty Amount At Risk
ContingentRepurchaseObligationWithCounterpartyAmountAtRisk
5196000 USD
CY2021Q4 sofi Maximum Repurchase Obligation
MaximumRepurchaseObligation
6500000000 USD
CY2020Q4 sofi Maximum Repurchase Obligation
MaximumRepurchaseObligation
3900000000 USD
CY2021Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
9100000 USD
CY2020Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
9300000 USD
CY2021 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
1
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-483937000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-224053000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-239697000 USD
CY2021 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
40426000 USD
CY2020 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
40536000 USD
CY2019 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
23923000 USD
CY2021 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
0 USD
CY2020 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
52658000 USD
CY2019 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
0 USD
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-524363000 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-317247000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-263620000 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
526730261 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
73851108 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65619361 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
526730261 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
73851108 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65619361 shares
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.00
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-4.30
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-4.02
CY2020 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
52658000 USD
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.00
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-4.30
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-4.02
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2020 us-gaap Interest Income Related Party
InterestIncomeRelatedParty
3189000 USD
CY2019 us-gaap Interest Income Related Party
InterestIncomeRelatedParty
3338000 USD
CY2021 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
252244000 USD
CY2021 us-gaap Noninterest Income
NoninterestIncome
732628000 USD
CY2021 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
984872000 USD
CY2020 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
177931000 USD
CY2020 us-gaap Noninterest Income
NoninterestIncome
387601000 USD
CY2020 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
565532000 USD
CY2019 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
329834000 USD
CY2019 us-gaap Noninterest Income
NoninterestIncome
112825000 USD
CY2019 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
442659000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-481177000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-328521000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-239599000 USD

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