{"schema_version":"secwatch.filing_event.v1","accession":"0001818874-24-000004","form_type":"8-K","ticker":"SOFI","cik":"0001818874","company_name":"SoFi Technologies, Inc.","filed_at":"2024-01-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.671141+00:00","generated_at":"2026-06-06T16:03:51.141150+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"SoFi Q4 GAAP net income $48M, revenue up 35% YoY to $615M","bullets":["Q4 GAAP net income $47.9M ($0.02 diluted EPS) vs loss of $40.0M year ago; FY net loss $300.7M.","Adjusted net revenue $594M (+34% YoY); record adjusted EBITDA $181M (+159% YoY), 30% margin achieved.","Added 585k new members (total 7.5M, +44% YoY) and 695k new products (total 11.1M, +41% YoY).","Total deposits grew $2.9B to $18.6B; tangible book value increased $204M in quarter, $334M for FY.","Non-lending segments (Tech Platform & Financial Services) contributed 40% of Q4 adjusted net revenue."],"urls":{"canonical":"https://secwatch.observer/filing/0001818874-24-000004","json":"https://secwatch.observer/filing/0001818874-24-000004.json","markdown":"https://secwatch.observer/filing/0001818874-24-000004.md","text":"https://secwatch.observer/filing/0001818874-24-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1818874/000181887424000004/0001818874-24-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1818874/000181887424000004/sofi-20240129.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T16:03:51.141150+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d1c741ba1feb74ca219b00c392d6851dadc815ed","claim":"SoFi Technologies, Inc. reported the fourth quarter and fiscal year ended December 31, 2023 results: revenue $615 million GAAP Net Revenue, net income $48 million GAAP Net Income, EPS GAAP EPS of $0.02.","evidence_excerpt":"(EX-99.1) --- SOFI TECHNOLOGIES, INC. REPORTS FOURTH QUARTER AND FISCAL YEAR 2023 RESULTS Accelerating Revenue Growth, Expanding Margins and GAAP Profitability Fourth Quarter $615 Million GAAP Net Revenue Up 35% Year-over-Year; $594 Million Adjusted Net Revenue Up 34% Year-over-Year Record Fourth Quarter Adjusted EBITDA of $181 Million Up 159% Year-over-Year, 30%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1818874/000181887424000004/0001818874-24-000004-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and fiscal year ended December 31, 2023"},{"label":"Revenue","value":"$615 million GAAP Net Revenue"},{"label":"Net income","value":"$48 million GAAP Net Income"},{"label":"EPS","value":"GAAP EPS of $0.02"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}