SoFi Technologies Inc
NASDAQ:SOFI

Watchlist Manager
SoFi Technologies Inc Logo
SoFi Technologies Inc
NASDAQ:SOFI
Watchlist
Price: 16.02 USD 2.5% Market Closed
Market Cap: 17.4B USD
Have any thoughts about
SoFi Technologies Inc?
Write Note

Net Margin
SoFi Technologies Inc

7.2%
Current
-24%
Average
14%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
7.2%
=
Net Income
184.4m
/
Revenue
2.6B

Net Margin Across Competitors

Country US
Market Cap 17.4B USD
Net Margin
7%
Country US
Market Cap 213.6B USD
Net Margin
14%
Country US
Market Cap 69.5B USD
Net Margin
11%
Country IN
Market Cap 4.2T INR
Net Margin
25%
Country US
Market Cap 44.3B USD
Net Margin
18%
Country US
Market Cap 25.9B USD
Net Margin
16%
Country KZ
Market Cap 18.7B USD
Net Margin
55%
Country US
Market Cap 11.3B EUR
Net Margin
40%
Country IN
Market Cap 1.1T INR
Net Margin
21%
Country IN
Market Cap 995.7B INR
Net Margin
17%
Country US
Market Cap 10.9B USD
Net Margin
9%
No Stocks Found

SoFi Technologies Inc
Glance View

Market Cap
17.4B USD
Industry
Financial Services
Economic Moat
None

SoFi Technologies Inc., born from the bustling innovation corridors of Silicon Valley, began its journey with a bold vision: to redefine the landscape of personal finance. Initially known for its student loan refinancing products, SoFi, short for Social Finance, has significantly broadened its scope. This digital-native company metamorphosed into a one-stop shop financial platform, offering an array of services from personal loans, home loans, and credit cards to investment opportunities and banking services. The platform leans heavily into technology, providing a seamless and often cost-effective alternative to traditional banking for its users, who are often the younger, tech-savvy demographics seeking convenience and low fees. The backbone of SoFi's profitability lies in its ability to capitalize on the cross-selling of its financial products within its ecosystem. By building a comprehensive platform that integrates services like loan refinancing, investment management, and mobile banking, SoFi captures a greater share of each customer's financial activities. This interconnectedness enhances user retention and customer lifetime value. Additionally, SoFi derives revenue from the interest rate spread on its loans and monetizes its service through fees on select financial products and membership privileges, blending a mixture of traditional and innovative revenue streams. The company’s integrated approach, driven by data and technology, ensures it stays at the forefront of financial innovation, continuously widening its moat against both traditional financial institutions and emerging fintech competitors.

SOFI Intrinsic Value
7.09 USD
Overvaluation 56%
Intrinsic Value
Price

See Also

Discover More
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
7.2%
=
Net Income
184.4m
/
Revenue
2.6B
What is the Net Margin of SoFi Technologies Inc?

Based on SoFi Technologies Inc's most recent financial statements, the company has Net Margin of 7.2%.