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SoFi Technologies, Inc.

For the period ended Jun 30, 2026. Filed Aug 6, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 6, 2026

SOFI$16.75+3.3%Stored close · as of Nov 9, 2026

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

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Corporate/Other Segment

Non-segment operations are classified as Corporate/Other, which includes net revenues associated with corporate functions, non-recurring gains and losses from non-securitization investment activities, interest income and realized gains and losses associated with investments in AFS debt securities, and gains or losses on extinguishment of convertible debt, all of which are not directly related to a reportable segment. Net interest expense within Corporate/Other also reflects the financial impact of our capital management activities within the treasury function, which reflects the residual impact from FTP charges and FTP credits allocated to our reportable segments under our FTP framework. The following table presents the measure of total net revenue (loss) for Corporate/Other:

Three Months EndedJune 30, · 2026 vs 2025 · Six Months EndedJune 30, · 2026 vs 2025
($ in thousands)20262025$ Change% Change20262025$ Change% Change
Net interest income (expense)$(35,177)$(48,426)$13,249(27)%$(70,515)$(83,933)$13,418(16)%
Noninterest income (loss)(21,728)(12,508)(9,220)74%(32,071)(25,161)(6,910)27%
Total net revenue (loss)$(56,905)$(60,934)$4,029(7)%$(102,586)$(109,094)$6,508(6)%

Reconciliation of Directly Attributable Expenses

The following table reconciles directly attributable expenses allocated to our reportable segments to total noninterest expense in the condensed consolidated statements of operations and comprehensive income:

Three Months Ended June 30,Six Months Ended June 30,
($ in thousands)2026202520262025
Reportable segments directly attributable expenses$(625,218)$(442,996)$(1,159,272)$(838,057)
Intercompany expenses27,80518,18252,54234,377
Expenses not allocated to segments:
Share-based compensation expense(76,865)(63,256)(148,877)(127,012)
Employee-related costs(1)(103,064)(86,586)(211,519)(174,783)
Depreciation and amortization expense(73,106)(56,743)(140,684)(112,026)
Other corporate and unallocated expenses(2)(150,164)(101,318)(284,723)(201,515)
Total noninterest expense$(1,000,612)$(732,717)$(1,892,533)$(1,419,016)

(1)Includes expenses related to compensation, benefits, restructuring charges, recruiting, certain occupancy-related costs and various travel costs of executive management, certain technology groups and general and administrative functions that are not directly attributable to the reportable segments.

(2)Represents corporate overhead costs that are not allocated to reportable segments, which primarily includes corporate marketing and advertising costs, tools and subscription costs, professional services costs, amortization of premiums on a credit default swap, corporate and FDIC insurance costs, foreign currency translation adjustments and transaction-related expenses.

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