Filing Flows › SoFi Technologies (SOFI) › Q3 2025
SoFi Technologies (SOFI) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
SoFi Technologies (SOFI) reported revenue of $962M for the third quarter 2025 (Q3 2025), +38% from a year earlier and +12% from the quarter before. Operating margin was 15.4%, net earnings $139M (14.5% of revenue).
SoFi Technologies, Q3 2025: revenue $962M (+38% year over year), operating margin 15.4%, net earnings $139M, operating cash flow −$1.3B. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $962M | +12% | +38% |
| Operating profit | $149M | +32% | +133% |
| Net earnings | $139M | +43% | +129% |
| Operating cash flow | −$1.3B | — | — |
What changed
Revenue was $961.6M in Q3 2025, up 38% year over year and up 12% from the previous quarter.
Operating profit was $148.6M, a 15.4% margin (up 6.3 points year over year). Of the extra revenue versus a year earlier, 32% reached operating profit, above the 9% margin then. Total costs grew 28% against revenue growth of 38%. The fastest-growing cost line was Other operating costs (+53%). Net earnings were $139.4M, up 129% year over year. The effective tax rate was 6.2%.
Operating cash flow was −$1,305.9M. Non-cash charges added back $59.2M of depreciation and amortization and $66.5M of share-based compensation. Working capital and other items used $1,571.0M. Capital expenditures of $60.0M exceeded it, leaving free cash flow of −$1,365.9M.
Questions
What was SoFi Technologies' revenue in the third quarter 2025?
SoFi Technologies (SOFI) reported revenue of $962M for the third quarter 2025 (Q3 2025), +38% from a year earlier and +12% from the quarter before.
Was SoFi Technologies profitable in the third quarter 2025?
Operating profit was $149M (15.4% of revenue) and net earnings $139M.
Source: SoFi Technologies 10-Q on SEC EDGAR.