SoFi EBITDA 2018-2024
In 2018, SoFi reported an EBITDA of -227 million U.S. dollars, reflecting the company's initial struggles. This negative trend continued in 2019 with an EBITDA of -149 million U.S. dollars, and further improved in 2020 to -45 million U.S. dollars. A significant turnaround occurred in 2021 when SoFi achieved a positive EBITDA of 30 million U.S. dollars. The growth momentum continued as the EBITDA rose to 143 million U.S. dollars in 2022, culminating in a remarkable 432 million U.S. dollars in 2023, marking a substantial increase compared to the previous year. EBITDA continued to increase in 2024, reaching 666 million U.S. dollars.