SoFi Technologies, Inc.

For the period ended Dec 31, 2025. Filed Feb 17, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 17, 2026

SOFI$16.37-2.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

	December 31,
	2025	2024
Assets
Cash and cash equivalents	$4,929,452	$2,538,293
Restricted cash and restricted cash equivalents	427,321	171,067
Investment securities (includes available-for-sale securities of $2,454,453 and $1,804,043 at fair value with associated amortized cost of $2,434,627 and $1,807,686, as of December 31, 2025 and 2024, respectively)	2,575,607	1,895,689
Loans held for sale (includes $22.7 billion and $17.7 billion at fair value, as of December 31, 2025 and 2024, respectively)	22,862,749	17,684,892
Loans held for investment, at fair value	13,657,578	8,597,368
Loans held for investment, at amortized cost (less allowance for credit losses of $50,934 and $46,684 as of December 31, 2025 and 2024, respectively)	1,516,736	1,246,458
Servicing rights	378,178	342,128
Property, equipment and software	416,448	287,869
Goodwill	1,393,505	1,393,505
Intangible assets	231,919	297,794
Operating lease right-of-use assets	93,941	81,219
Other assets (less allowance for credit losses of $2,998 and $2,444 as of December 31, 2025 and 2024, respectively)	2,177,044	1,714,669
Total assets	$50,660,478	$36,250,951
Liabilities and permanent equity
Liabilities:
Deposits:
Interest-bearing deposits	$37,387,350	$25,861,400
Noninterest-bearing deposits	118,045	116,804
Total deposits	37,505,395	25,978,204
Accounts payable, accruals and other liabilities	743,716	556,923
Operating lease liabilities	106,190	97,389
Debt	1,815,162	3,092,692
Residual interests classified as debt	520	609
Total liabilities	40,170,983	29,725,817
Commitments, guarantees, concentrations and contingencies (Note 18)
Permanent equity:
Common stock, $0.00 par value: 3,100,000,000 and 3,100,000,000 shares authorized; 1,270,568,878 and 1,095,357,781 shares issued and outstanding as of December 31, 2025 and 2024, respectively(1)	126	109
Additional paid-in capital	11,302,668	7,838,988
Accumulated other comprehensive income (loss)	10,979	(8,365)
Accumulated deficit	(824,278)	(1,305,598)
Total permanent equity	10,489,495	6,525,134
Total liabilities and permanent equity	$50,660,478	$36,250,951

(1)Includes 100,000,000 non-voting common shares authorized andno non-voting common shares issued and outstanding as of December 31, 2025 and 2024. See Note 13. Equity for additional information.

Consolidated Balance Sheets (Continued)

The following table presents the assets and liabilities of consolidated VIEs which are included in our consolidated balance sheets. The assets in the below table may only be used to settle obligations of consolidated VIEs and are in excess of those obligations as of the dates presented. Additionally, the assets and liabilities in the table below exclude intercompany balances, which eliminate upon consolidation. See Note 7. Securitization and Variable Interest Entities for additional information.

	December 31,
	2025	2024
Assets:
Restricted cash and restricted cash equivalents	$2,099	$20,719
Loans held for sale, at fair value	—	171,421
Loans held for investment, at fair value	65,796	80,812
Total assets	$67,895	$272,952
Liabilities:
Accounts payable, accruals and other liabilities	$95	$117
Debt	54,107	80,878
Residual interests classified as debt	520	609
Total liabilities	$54,722	$81,604

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.