SoFi (SOFI) r&d spend was $648M in FY2025 (+17% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$648M
+17%
2024
$552M
+8%
2023
$511M
+26%
2022
$405M
+47%
2021
$276M
+37%
2020
$201M
+36%
2019
$147M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q1 2026
$188M
Q4 2025
$173M
Q3 2025
$167M
Q2 2025
$152M
Q1 2025
$156M
Q4 2024
$149M
Q3 2024
$140M
Q2 2024
$132M
Q1 2024
$131M
Q4 2023
$142M
Q3 2023
$126M
Q2 2023
$127M
Source: SOFI on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.