SoFi Technologies
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of SoFi Technologies generated cash of -$7,227,139,000, which is more than the previous year. Cash used in financing activities reached the amount of $10,885,602,000 last year. Net change in cash is therefore $1,769,276,000.
Cash Flow
| 2017 | 76.79M | -3.01B | 3.05B |
|---|---|---|---|
| 2018 | 1.02B | -12.25M | -954.79M |
| 2019 | -54.73M | 114.86M | 93.07M |
| 2020 | -479.33M | 258.94M | 853.75M |
| 2021 | -1.35B | 110.19M | 684.98M |
| 2022 | -7.25B | -106.33M | 8.43B |
| 2023 | -7.22B | -1.88B | 10.88B |
SOFI Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 1.84B | 768.43M | 1.32B | 690.20M | 537.00M | 480.74M | 362.76M |
Operating activities | |||||||
Net income | -300.74M | -320.40M | -483.93M | -224.05M | -239.69M | -252.39M | 651K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 201.41M | 151.36M | 101.56M | 69.83M | 15.95M | 10.91M | 8.14M |
Stock-based compensation expense | 271.21M | 305.99M | 239.01M | 99.87M | 61.41M | 0 | 39.77M |
| Deferred income tax benefit | 271.21M | 305.99M | 239.01M | 99.87M | 61.41M | 0 | 39.77M |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 0 | 0 | 1.39M | 1.12M | -2.67M | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 42.08M | 10.33M | -9.02M | 95.16M | 2.02M | 13.22M | 3.98M |
Cash generated by operating activities | -7.22B | -7.25B | -1.35B | -479.33M | -54.73M | 1.02B | 76.79M |
Investing activities | |||||||
Purchases Of Investments | -867.06M | -44.97M | -268.37M | -145K | -3.60M | -100.40M | -3.01B |
Investments In Property Plant And Equipment | -111.40M | -103.73M | -52.26M | -24.54M | -37.59M | -13.72M | -11.58M |
Acquisitions Net | -72.30M | 58.54M | 0 | -32.39M | 0 | 0 | -1.82M |
Cash generated by investing activities | -1.88B | -106.33M | 110.19M | 258.94M | 114.86M | -12.25M | -3.01B |
Financing activities | |||||||
Common Stock Issued | 0 | 0 | 120.20M | 373.62M | 0 | 2.58M | 508.60M |
Payments for dividends | -40.42M | -40.42M | -40.42M | -40.53M | -23.92M | 0 | -651K |
Repurchases of common stock | -15.3M | -8.98M | -114.28M | -40K | -8.80M | -3.15M | -1.07M |
Repayments of term debt | -279.81M | 1.34B | -917.84M | -508.45M | -367.96M | -954.22M | 2.55B |
Cash used in financing activities | 10.88B | 8.43B | 684.98M | 853.75M | 93.07M | -954.79M | 3.05B |
Net Change In Cash | 1.76B | 1.07B | -554.99M | 633.22M | 153.20M | 56.25M | 117.98M |
Cash at end of period | 3.61B | 1.84B | 768.43M | 1.32B | 690.20M | 537.00M | 480.74M |
| Data source | Data source | Data source | Data source |