10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001818874-22-000071 |
| Period End Date | 20220331 |
| Filing Date | 20220510 |
| Fiscal Year | 2022 |
| Fiscal Period | Q1 |
| XBRL Instance | sofi-20220331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
98 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.33B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$494.71M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$351.28M | USD | Point-in-time |
| Restricted cash and restricted cash equivalents |
RestrictedCashAndCashEquivalents
|
$377.08M | USD | Point-in-time |
| Restricted cash and restricted cash equivalents |
RestrictedCashAndCashEquivalents
|
$273.73M | USD | Point-in-time |
| Restricted cash and restricted cash equivalents |
RestrictedCashAndCashEquivalents
|
$347.28M | USD | Point-in-time |
| Investments in available-for-sale securities (amortized cost of $205,114 and $195,796, respectively) |
AvailableForSaleSecuritiesDebtSecurities
|
$199.84M | USD | Point-in-time |
| Investments in available-for-sale securities (amortized cost of $205,114 and $195,796, respectively) |
AvailableForSaleSecuritiesDebtSecurities
|
$194.91M | USD | Point-in-time |
| Loans, less allowance for credit losses on loans |
NotesReceivableNet
|
$6.07B | USD | Point-in-time |
| Loans, less allowance for credit losses on loans |
NotesReceivableNet
|
$7.22B | USD | Point-in-time |
| Servicing rights |
ServicingAssetAtFairValueAmount
|
$168.26M | USD | Point-in-time |
| Servicing rights |
ServicingAssetAtFairValueAmount
|
$161.24M | USD | Point-in-time |
| Servicing rights |
ServicingAssetAtFairValueAmount
|
$173.50M | USD | Point-in-time |
| Investments in available-for-sale securities, amortized cost |
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
|
$205.11M | USD | Point-in-time |
| Investments in available-for-sale securities, amortized cost |
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
|
$195.80M | USD | Point-in-time |
| Servicing rights |
ServicingAssetAtFairValueAmount
|
$149.60M | USD | Point-in-time |
| Loans held for investment, allowance for credit loss |
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
$17.87M | USD | Point-in-time |
| Loans held for investment, allowance for credit loss |
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
$7.04M | USD | Point-in-time |
| Securitization investments |
InterestsContinuedToBeHeldByTransferorFairValue
|
$374.69M | USD | Point-in-time |
| Securitization investments |
InterestsContinuedToBeHeldByTransferorFairValue
|
$325.37M | USD | Point-in-time |
| Other assets, allowance for credit loss |
AllowanceForDoubtfulAccountsReceivable
|
$562.00K | USD | Point-in-time |
| Other assets, allowance for credit loss |
AllowanceForDoubtfulAccountsReceivable
|
$2.29M | USD | Point-in-time |
| Other assets, allowance for credit loss |
AllowanceForDoubtfulAccountsReceivable
|
$919.00K | USD | Point-in-time |
| Equity method investments |
EquityMethodInvestments
|
$19.74M | USD | Point-in-time |
| Equity method investments |
EquityMethodInvestments
|
- | USD | Point-in-time |
| Other assets, allowance for credit loss |
AllowanceForDoubtfulAccountsReceivable
|
$1.65M | USD | Point-in-time |
| Redeemable preferred stock, par value (in dollars per share) |
TemporaryEquityParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Property, equipment and software |
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
|
$111.87M | USD | Point-in-time |
| Redeemable preferred stock, par value (in dollars per share) |
TemporaryEquityParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Redeemable preferred stock, par value (in dollars per share) |
TemporaryEquityParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Property, equipment and software |
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
|
$131.54M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$1.62B | USD | Point-in-time |
| Redeemable preferred stock, shares authorized (in shares) |
TemporaryEquitySharesAuthorized
|
100.00M | shares | Point-in-time |
| Goodwill |
Goodwill
|
$898.53M | USD | Point-in-time |
| Redeemable preferred stock, shares authorized (in shares) |
TemporaryEquitySharesAuthorized
|
100.00M | shares | Point-in-time |
| Redeemable preferred stock, shares authorized (in shares) |
TemporaryEquitySharesAuthorized
|
100.00M | shares | Point-in-time |
| Redeemable preferred stock, shares issued (in shares) |
TemporaryEquitySharesIssued
|
3.23M | shares | Point-in-time |
| Redeemable preferred stock, shares issued (in shares) |
TemporaryEquitySharesIssued
|
3.23M | shares | Point-in-time |
| Intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$505.53M | USD | Point-in-time |
| Intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$284.58M | USD | Point-in-time |
| Redeemable preferred stock, shares outstanding (in shares) |
TemporaryEquitySharesOutstanding
|
3.23M | shares | Point-in-time |
| Redeemable preferred stock, shares outstanding (in shares) |
TemporaryEquitySharesOutstanding
|
469.15M | shares | Point-in-time |
| Redeemable preferred stock, shares outstanding (in shares) |
TemporaryEquitySharesOutstanding
|
3.23M | shares | Point-in-time |
| Operating lease right-of-use assets |
OperatingLeaseRightOfUseAsset
|
$115.19M | USD | Point-in-time |
| Redeemable preferred stock, shares outstanding (in shares) |
TemporaryEquitySharesOutstanding
|
469.15M | shares | Point-in-time |
| Operating lease right-of-use assets |
OperatingLeaseRightOfUseAsset
|
$112.40M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Other assets, less allowance for credit losses of $1,652 and $2,292, respectively |
OtherAssets
|
$171.24M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Other assets, less allowance for credit losses of $1,652 and $2,292, respectively |
OtherAssets
|
$258.49M | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
3.10B | shares | Point-in-time |
| Total assets |
Assets
|
$9.18B | USD | Point-in-time |
| Total assets |
Assets
|
$12.25B | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
3.10B | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
915.67M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
828.15M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
828.15M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
915.67M | shares | Point-in-time |
| Total loans at fair value |
LoansReceivableFairValueDisclosure
|
$7.00B | USD | Point-in-time |
| Total loans at fair value |
LoansReceivableFairValueDisclosure
|
$5.95B | USD | Point-in-time |
| Redemption amount |
TemporaryEquityAggregateAmountOfRedemptionRequirement
|
$323.40M | USD | Point-in-time |
| Noninterest-bearing deposits |
NoninterestBearingDepositLiabilities
|
- | USD | Point-in-time |
| Redemption amount |
TemporaryEquityAggregateAmountOfRedemptionRequirement
|
$323.40M | USD | Point-in-time |
| Noninterest-bearing deposits |
NoninterestBearingDepositLiabilities
|
$95.60M | USD | Point-in-time |
| Interest-bearing deposits |
InterestBearingDepositLiabilities
|
- | USD | Point-in-time |
| Interest-bearing deposits |
InterestBearingDepositLiabilities
|
$1.06B | USD | Point-in-time |
| Total deposits |
Deposits
|
$1.16B | USD | Point-in-time |
| Total deposits |
Deposits
|
- | USD | Point-in-time |
| Accounts payable, accruals and other liabilities |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$437.32M | USD | Point-in-time |
| Accounts payable, accruals and other liabilities |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$298.16M | USD | Point-in-time |
| Operating lease liabilities |
OperatingLeaseLiability
|
$135.96M | USD | Point-in-time |
| Operating lease liabilities |
OperatingLeaseLiability
|
$138.79M | USD | Point-in-time |
| Debt |
DebtLongtermAndShorttermCombinedAmount
|
$3.95B | USD | Point-in-time |
| Debt |
DebtLongtermAndShorttermCombinedAmount
|
$4.92B | USD | Point-in-time |
| Residual interests classified as debt |
BeneficialInterest
|
$70.53M | USD | Point-in-time |
| Residual interests classified as debt |
BeneficialInterest
|
$93.68M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$6.72B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$4.48B | USD | Point-in-time |
| Commitments, guarantees, concentrations and contingencies (Note 15) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments, guarantees, concentrations and contingencies (Note 15) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Redeemable preferred stock |
TemporaryEquityCarryingAmountAttributableToParent
|
$320.37M | USD | Point-in-time |
| Redeemable preferred stock |
TemporaryEquityCarryingAmountAttributableToParent
|
$3.17B | USD | Point-in-time |
| Redeemable preferred stock |
TemporaryEquityCarryingAmountAttributableToParent
|
$320.37M | USD | Point-in-time |
| Redeemable preferred stock |
TemporaryEquityCarryingAmountAttributableToParent
|
$3.17B | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$91.00K | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$83.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$5.56B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$6.51B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.47M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-5.96M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-1.18B | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-1.29B | USD | Point-in-time |
| Total permanent equity |
StockholdersEquity
|
$-293.64M | USD | Point-in-time |
| Total permanent equity |
StockholdersEquity
|
$-120.11M | USD | Point-in-time |
| Total permanent equity |
StockholdersEquity
|
$5.21B | USD | Point-in-time |
| Total permanent equity |
StockholdersEquity
|
$4.38B | USD | Point-in-time |
| Total liabilities, temporary equity and permanent equity |
LiabilitiesAndStockholdersEquity
|
$9.18B | USD | Point-in-time |
| Total liabilities, temporary equity and permanent equity |
LiabilitiesAndStockholdersEquity
|
$12.25B | USD | Point-in-time |
Income Statement
70 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loans |
InterestAndFeeIncomeLoansAndLeases
|
$114.39M | USD | 1 Quarter |
| Loans |
InterestAndFeeIncomeLoansAndLeases
|
$77.22M | USD | 1 Quarter |
| Securitizations |
InterestIncomeSecuritizations
|
$2.76M | USD | 1 Quarter |
| Securitizations |
InterestIncomeSecuritizations
|
$4.47M | USD | 1 Quarter |
| Related party notes |
InterestIncomeRelatedParty
|
$211.00K | USD | 1 Quarter |
| Related party notes |
InterestIncomeRelatedParty
|
- | USD | 1 Quarter |
| Other |
InterestIncomeOther
|
$629.00K | USD | 1 Quarter |
| Other |
InterestIncomeOther
|
$1.27M | USD | 1 Quarter |
| Total interest income |
InterestIncomeOperating
|
$118.41M | USD | 1 Quarter |
| Total interest income |
InterestIncomeOperating
|
$82.53M | USD | 1 Quarter |
| Securitizations and warehouses |
InterestExpenseSecuritizationsAndWarehouses
|
$19.91M | USD | 1 Quarter |
| Securitizations and warehouses |
InterestExpenseSecuritizationsAndWarehouses
|
$29.81M | USD | 1 Quarter |
| Deposits |
InterestExpenseDeposits
|
- | USD | 1 Quarter |
| Deposits |
InterestExpenseDeposits
|
$431.00K | USD | 1 Quarter |
| Corporate borrowings |
InterestExpenseBorrowings
|
$5.01M | USD | 1 Quarter |
| Corporate borrowings |
InterestExpenseBorrowings
|
$2.65M | USD | 1 Quarter |
| Other |
InterestExpenseOther
|
$493.00K | USD | 1 Quarter |
| Other |
InterestExpenseOther
|
$432.00K | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$23.48M | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$35.25M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$47.28M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$94.93M | USD | 1 Quarter |
| Loan origination and sales |
NoninterestIncomeLoanOriginationsAndSales
|
$157.70M | USD | 1 Quarter |
| Loan origination and sales |
NoninterestIncomeLoanOriginationsAndSales
|
$110.34M | USD | 1 Quarter |
| Securitizations |
GainLossOnSecuritizationOfFinancialAssets
|
$-11.28M | USD | 1 Quarter |
| Securitizations |
GainLossOnSecuritizationOfFinancialAssets
|
$-2.04M | USD | 1 Quarter |
| Servicing |
NoninterestIncomeServicing
|
$-12.11M | USD | 1 Quarter |
| Servicing |
NoninterestIncomeServicing
|
$12.24M | USD | 1 Quarter |
| Technology products and solutions |
RevenueFromContractWithCustomerExcludingAssessedTaxTechnologyProductsAndSolutions
|
$59.86M | USD | 1 Quarter |
| Technology products and solutions |
RevenueFromContractWithCustomerExcludingAssessedTaxTechnologyProductsAndSolutions
|
$45.66M | USD | 1 Quarter |
| Other |
NoninterestIncomeOther
|
$16.89M | USD | 1 Quarter |
| Other |
NoninterestIncomeOther
|
$6.84M | USD | 1 Quarter |
| Total noninterest income |
NoninterestIncome
|
$235.41M | USD | 1 Quarter |
| Total noninterest income |
NoninterestIncome
|
$148.70M | USD | 1 Quarter |
| Total net revenue |
RevenuesNetOfInterestExpense
|
$330.34M | USD | 1 Quarter |
| Total net revenue |
RevenuesNetOfInterestExpense
|
$195.98M | USD | 1 Quarter |
| Technology and product development |
ResearchAndDevelopmentExpense
|
$65.95M | USD | 1 Quarter |
| Technology and product development |
ResearchAndDevelopmentExpense
|
$81.91M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$87.23M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$138.14M | USD | 1 Quarter |
| Cost of operations |
CostOfGoodsAndServicesSold
|
$70.44M | USD | 1 Quarter |
| Cost of operations |
CostOfGoodsAndServicesSold
|
$57.57M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$136.50M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$161.70M | USD | 1 Quarter |
| Provision for credit losses |
ProvisionForLoanLossesExpensed
|
$12.96M | USD | 1 Quarter |
| Provision for credit losses |
ProvisionForLoanLossesExpensed
|
- | USD | 1 Quarter |
| Total noninterest expense |
NoninterestExpense
|
$439.95M | USD | 1 Quarter |
| Total noninterest expense |
NoninterestExpense
|
$372.45M | USD | 1 Quarter |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-109.61M | USD | 1 Quarter |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-176.47M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$752.00K | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$1.10M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-177.56M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-110.36M | USD | 1 Quarter |
| Unrealized losses on available-for-sale securities, net |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-4.46M | USD | 1 Quarter |
| Unrealized losses on available-for-sale securities, net |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
- | USD | 1 Quarter |
| Foreign currency translation adjustments, net |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-80.00K | USD | 1 Quarter |
| Foreign currency translation adjustments, net |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-38.00K | USD | 1 Quarter |
| Total other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-80.00K | USD | 1 Quarter |
| Total other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-4.49M | USD | 1 Quarter |
| Comprehensive loss |
ComprehensiveIncomeNetOfTax
|
$-114.85M | USD | 1 Quarter |
| Comprehensive loss |
ComprehensiveIncomeNetOfTax
|
$-177.64M | USD | 1 Quarter |
| Loss per share - basic (in dollars per share) |
EarningsPerShareBasic
|
$-1.61 | USD | 1 Quarter |
| Loss per share - basic (in dollars per share) |
EarningsPerShareBasic
|
$-0.14 | USD | 1 Quarter |
| Loss per share - diluted (in dollars per share) |
EarningsPerShareDiluted
|
$-1.61 | USD | 1 Quarter |
| Loss per share - diluted (in dollars per share) |
EarningsPerShareDiluted
|
$-0.14 | USD | 1 Quarter |
| Weighted average common stock outstanding - basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
116.15M | shares | 1 Quarter |
| Weighted average common stock outstanding - basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
852.85M | shares | 1 Quarter |
| Weighted average common stock outstanding - diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
116.15M | shares | 1 Quarter |
| Weighted average common stock outstanding - diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
852.85M | shares | 1 Quarter |
Cash Flow Statement
122 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
NetIncomeLoss
|
$-177.56M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-110.36M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$25.98M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$30.70M | USD | 1 Quarter |
| Deferred debt issuance and discount expense |
AmortizationOfFinancingCostsAndDiscounts
|
$6.00M | USD | 1 Quarter |
| Deferred debt issuance and discount expense |
AmortizationOfFinancingCostsAndDiscounts
|
$4.21M | USD | 1 Quarter |
| Share-based compensation expense |
ShareBasedCompensation
|
$37.45M | USD | 1 Quarter |
| Share-based compensation expense |
ShareBasedCompensation
|
$77.02M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$623.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-40.00K | USD | 1 Quarter |
| Fair value changes in residual interests classified as debt |
FairValueAdjustmentOfResidualInterestsClassifiedAsDebt
|
$7.95M | USD | 1 Quarter |
| Fair value changes in residual interests classified as debt |
FairValueAdjustmentOfResidualInterestsClassifiedAsDebt
|
$2.96M | USD | 1 Quarter |
| Fair value changes in securitization investments |
FairValueAdjustmentOfSecuritizationOfLoans
|
$-6.54M | USD | 1 Quarter |
| Fair value changes in securitization investments |
FairValueAdjustmentOfSecuritizationOfLoans
|
$2.96M | USD | 1 Quarter |
| Fair value changes in warrant liabilities |
FairValueAdjustmentOfWarrants
|
- | USD | 1 Quarter |
| Fair value changes in warrant liabilities |
FairValueAdjustmentOfWarrants
|
$89.92M | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-16.18M | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$139.00K | USD | 1 Quarter |
| Originations and purchases of loans |
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
|
$3.60B | USD | 1 Quarter |
| Originations and purchases of loans |
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
|
$2.58B | USD | 1 Quarter |
| Proceeds from sales and repayments of loans |
ProceedsFromSaleAndCollectionOfLoansHeldforsale
|
$2.91B | USD | 1 Quarter |
| Proceeds from sales and repayments of loans |
ProceedsFromSaleAndCollectionOfLoansHeldforsale
|
$2.49B | USD | 1 Quarter |
| Other changes in loans |
IncreaseDecreaseInOtherLoans
|
$-58.55M | USD | 1 Quarter |
| Other changes in loans |
IncreaseDecreaseInOtherLoans
|
$-30.49M | USD | 1 Quarter |
| Servicing assets |
IncreaseDecreaseInServicingAssetsFromSecuritization
|
$11.64M | USD | 1 Quarter |
| Servicing assets |
IncreaseDecreaseInServicingAssetsFromSecuritization
|
$5.25M | USD | 1 Quarter |
| Related party notes receivable interest income |
IncreaseDecreaseInRelatedPartyNotesReceivableInterestIncome
|
- | USD | 1 Quarter |
| Related party notes receivable interest income |
IncreaseDecreaseInRelatedPartyNotesReceivableInterestIncome
|
$-1.40M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$13.62M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-3.30M | USD | 1 Quarter |
| Accounts payable, accruals and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$30.34M | USD | 1 Quarter |
| Accounts payable, accruals and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-6.36M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-1.01B | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$340.05M | USD | 1 Quarter |
| Purchases of property, equipment, software and intangible assets |
PaymentsToAcquireProductiveAssets
|
$25.11M | USD | 1 Quarter |
| Purchases of property, equipment, software and intangible assets |
PaymentsToAcquireProductiveAssets
|
$7.45M | USD | 1 Quarter |
| Proceeds from repayment of related party notes receivable |
ProceedsFromCollectionOfLongtermLoansToRelatedParties
|
- | USD | 1 Quarter |
| Proceeds from repayment of related party notes receivable |
ProceedsFromCollectionOfLongtermLoansToRelatedParties
|
$16.69M | USD | 1 Quarter |
| Purchases of available-for-sale investments |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
- | USD | 1 Quarter |
| Purchases of available-for-sale investments |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$36.83M | USD | 1 Quarter |
| Proceeds from sales of available-for-sale investments |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
- | USD | 1 Quarter |
| Proceeds from sales of available-for-sale investments |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$17.65M | USD | 1 Quarter |
| Proceeds from maturities and paydowns of available-for-sale investments |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$11.96M | USD | 1 Quarter |
| Proceeds from maturities and paydowns of available-for-sale investments |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
- | USD | 1 Quarter |
| Changes in loans, net |
PaymentsForProceedsFromFinancingReceivableAfterAllowanceForCreditLosses
|
$33.88M | USD | 1 Quarter |
| Changes in loans, net |
PaymentsForProceedsFromFinancingReceivableAfterAllowanceForCreditLosses
|
- | USD | 1 Quarter |
| Proceeds from non-securitization investments |
ProceedsFromSaleAndMaturityOfOtherInvestments
|
- | USD | 1 Quarter |
| Proceeds from non-securitization investments |
ProceedsFromSaleAndMaturityOfOtherInvestments
|
$107.53M | USD | 1 Quarter |
| Proceeds from securitization investments |
ProceedsFromReceiptsFromSecuritizationInvestments
|
$42.77M | USD | 1 Quarter |
| Proceeds from securitization investments |
ProceedsFromReceiptsFromSecuritizationInvestments
|
$64.17M | USD | 1 Quarter |
| Acquisition of businesses, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
- | USD | 1 Quarter |
| Acquisition of businesses, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$-73.31M | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$49.88M | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$180.95M | USD | 1 Quarter |
| Proceeds from debt issuances |
ProceedsFromIssuanceOfLongTermDebt
|
$3.57B | USD | 1 Quarter |
| Proceeds from debt issuances |
ProceedsFromIssuanceOfLongTermDebt
|
$1.93B | USD | 1 Quarter |
| Repayment of debt |
RepaymentsOfLongTermDebt
|
$2.63B | USD | 1 Quarter |
| Repayment of debt |
RepaymentsOfLongTermDebt
|
$2.91B | USD | 1 Quarter |
| Payment of debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$1.65M | USD | 1 Quarter |
| Payment of debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$2.17M | USD | 1 Quarter |
| Net increase in deposits |
IncreaseDecreaseInDeposits
|
$961.83M | USD | 1 Quarter |
| Net increase in deposits |
IncreaseDecreaseInDeposits
|
- | USD | 1 Quarter |
| Taxes paid related to net share settlement of share-based awards |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$3.59M | USD | 1 Quarter |
| Taxes paid related to net share settlement of share-based awards |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$25.99M | USD | 1 Quarter |
| Purchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Purchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$526.00K | USD | 1 Quarter |
| Redemptions of redeemable common and preferred stock |
PaymentsForRepurchaseOfRedeemableCommonAndPreferredStock
|
- | USD | 1 Quarter |
| Redemptions of redeemable common and preferred stock |
PaymentsForRepurchaseOfRedeemableCommonAndPreferredStock
|
$132.86M | USD | 1 Quarter |
| Proceeds from stock option exercises |
ProceedsFromStockOptionsExercised
|
$2.62M | USD | 1 Quarter |
| Proceeds from stock option exercises |
ProceedsFromStockOptionsExercised
|
$1.87M | USD | 1 Quarter |
| Finance lease principal payments |
FinanceLeasePrincipalPayments
|
$163.00K | USD | 1 Quarter |
| Finance lease principal payments |
FinanceLeasePrincipalPayments
|
$120.00K | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$1.90B | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-1.15B | USD | 1 Quarter |
| Effect of exchange rates on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$-38.00K | USD | 1 Quarter |
| Effect of exchange rates on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$-80.00K | USD | 1 Quarter |
| Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-624.86M | USD | 1 Quarter |
| Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$933.77M | USD | 1 Quarter |
| Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.70B | USD | Point-in-time |
| Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$698.57M | USD | Point-in-time |
| Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$768.44M | USD | Point-in-time |
| Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.32B | USD | Point-in-time |
| Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.70B | USD | Point-in-time |
| Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$698.57M | USD | Point-in-time |
| Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$768.44M | USD | Point-in-time |
| Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.32B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.33B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$494.71M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$351.28M | USD | Point-in-time |
| Restricted cash and restricted cash equivalents |
RestrictedCashAndCashEquivalents
|
$377.08M | USD | Point-in-time |
| Restricted cash and restricted cash equivalents |
RestrictedCashAndCashEquivalents
|
$273.73M | USD | Point-in-time |
| Restricted cash and restricted cash equivalents |
RestrictedCashAndCashEquivalents
|
$347.28M | USD | Point-in-time |
| Total cash, cash equivalents, restricted cash and restricted cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.70B | USD | Point-in-time |
| Total cash, cash equivalents, restricted cash and restricted cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$698.57M | USD | Point-in-time |
| Total cash, cash equivalents, restricted cash and restricted cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$768.44M | USD | Point-in-time |
| Total cash, cash equivalents, restricted cash and restricted cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.32B | USD | Point-in-time |
| Issuance of common stock in acquisition |
StockIssued1
|
- | USD | 1 Quarter |
| Issuance of common stock in acquisition |
StockIssued1
|
$875.04M | USD | 1 Quarter |
| Vested awards assumed in acquisition |
NoncashOrPartNoncashAcquisitionValueOfVestedStockAwardsAssumed
|
$2.85M | USD | 1 Quarter |
| Vested awards assumed in acquisition |
NoncashOrPartNoncashAcquisitionValueOfVestedStockAwardsAssumed
|
- | USD | 1 Quarter |
| Loans received in acquisition |
NoncashOrPartNoncashAcquisitionFinancingReceivablesAcquired
|
$84.48M | USD | 1 Quarter |
| Loans received in acquisition |
NoncashOrPartNoncashAcquisitionFinancingReceivablesAcquired
|
- | USD | 1 Quarter |
| Debt assumed in acquisition |
NoncashOrPartNoncashAcquisitionDebtAssumed1
|
$2.00M | USD | 1 Quarter |
| Debt assumed in acquisition |
NoncashOrPartNoncashAcquisitionDebtAssumed1
|
- | USD | 1 Quarter |
| Deposits assumed in acquisition |
NoncashOrPartNoncashAcquisitionDepositsAssumed
|
- | USD | 1 Quarter |
| Deposits assumed in acquisition |
NoncashOrPartNoncashAcquisitionDepositsAssumed
|
$158.02M | USD | 1 Quarter |
| Deposits credited but not yet received in cash |
NoncashOrPartNoncashAcquisitionDepositsCreditedButNotYetReceived
|
$36.07M | USD | 1 Quarter |
| Deposits credited but not yet received in cash |
NoncashOrPartNoncashAcquisitionDepositsCreditedButNotYetReceived
|
- | USD | 1 Quarter |
| Available-for-sale securities received in acquisition |
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
|
- | USD | 1 Quarter |
| Available-for-sale securities received in acquisition |
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
|
$10.01M | USD | 1 Quarter |
| Property, equipment and software received in acquisition |
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
|
$3.19M | USD | 1 Quarter |
| Property, equipment and software received in acquisition |
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
|
- | USD | 1 Quarter |
| Non-cash loan reduction |
NoncashOrPartNoncashTransactionIncreaseDecreaseInFinancingReceivable
|
- | USD | 1 Quarter |
| Non-cash loan reduction |
NoncashOrPartNoncashTransactionIncreaseDecreaseInFinancingReceivable
|
$375.00K | USD | 1 Quarter |
| Share-based compensation capitalized related to internally-developed software |
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
- | USD | 1 Quarter |
| Share-based compensation capitalized related to internally-developed software |
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
$4.60M | USD | 1 Quarter |
| Redeemable preferred stock dividends accrued but unpaid |
RedeemablePreferredStockDividendsAccruedButNotYetPaid
|
$9.97M | USD | 1 Quarter |
| Redeemable preferred stock dividends accrued but unpaid |
RedeemablePreferredStockDividendsAccruedButNotYetPaid
|
$9.97M | USD | 1 Quarter |
| Securitization investments acquired via loan transfers |
SecuritizationInvestmentsAcquiredFromLoanTransfers
|
- | USD | 1 Quarter |
| Securitization investments acquired via loan transfers |
SecuritizationInvestmentsAcquiredFromLoanTransfers
|
$26.38M | USD | 1 Quarter |
| Non-cash property, equipment, software and intangible asset additions |
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
|
- | USD | 1 Quarter |
| Non-cash property, equipment, software and intangible asset additions |
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
|
$888.00K | USD | 1 Quarter |
Stockholders Equity
44 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance (in shares) |
CommonStockSharesOutstanding
|
828.15M | shares | Point-in-time |
| Beginning balance (in shares) |
CommonStockSharesOutstanding
|
915.67M | shares | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$-293.64M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$-120.11M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$5.21B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$4.38B | USD | Point-in-time |
| Share-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$37.45M | USD | 1 Quarter |
| Share-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$81.62M | USD | 1 Quarter |
| Vesting of RSUs |
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
- | USD | 1 Quarter |
| Stock withheld related to taxes on vested RSUs |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$3.59M | USD | 1 Quarter |
| Stock withheld related to taxes on vested RSUs |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$25.99M | USD | 1 Quarter |
| Exercise of common stock options (in shares) |
StockIssuedDuringPeriodSharesStockOptionsExercised
|
1.06M | shares | 1 Quarter |
| Exercise of common stock options |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$1.87M | USD | 1 Quarter |
| Exercise of common stock options |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$2.62M | USD | 1 Quarter |
| Issuance of common stock in acquisition |
StockIssuedDuringPeriodValueAcquisitions
|
$875.04M | USD | 1 Quarter |
| Vested awards assumed in acquisition |
AdjustmentsToAdditionalPaidInCapitalStockOptionsVestedAndAssumedInAcquisition
|
$2.85M | USD | 1 Quarter |
| Redeemable preferred stock dividends |
RedeemablePreferredStockDividends
|
$9.97M | USD | 1 Quarter |
| Redeemable preferred stock dividends |
RedeemablePreferredStockDividends
|
$9.97M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-177.56M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-110.36M | USD | 1 Quarter |
| Other comprehensive loss, net of taxes |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-80.00K | USD | 1 Quarter |
| Other comprehensive loss, net of taxes |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-4.49M | USD | 1 Quarter |
| Ending balance (in shares) |
CommonStockSharesOutstanding
|
828.15M | shares | Point-in-time |
| Ending balance (in shares) |
CommonStockSharesOutstanding
|
915.67M | shares | Point-in-time |
| Ending balance |
StockholdersEquity
|
$-293.64M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$-120.11M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$5.21B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$4.38B | USD | Point-in-time |
| Temporary equity, beginning balance (in shares) |
TemporaryEquitySharesOutstanding
|
3.23M | shares | Point-in-time |
| Temporary equity, beginning balance (in shares) |
TemporaryEquitySharesOutstanding
|
469.15M | shares | Point-in-time |
| Temporary equity, beginning balance (in shares) |
TemporaryEquitySharesOutstanding
|
3.23M | shares | Point-in-time |
| Temporary equity, beginning balance (in shares) |
TemporaryEquitySharesOutstanding
|
469.15M | shares | Point-in-time |
| Temporary equity, beginning balance |
TemporaryEquityCarryingAmountAttributableToParent
|
$320.37M | USD | Point-in-time |
| Temporary equity, beginning balance |
TemporaryEquityCarryingAmountAttributableToParent
|
$3.17B | USD | Point-in-time |
| Temporary equity, beginning balance |
TemporaryEquityCarryingAmountAttributableToParent
|
$320.37M | USD | Point-in-time |
| Temporary equity, beginning balance |
TemporaryEquityCarryingAmountAttributableToParent
|
$3.17B | USD | Point-in-time |
| Temporary equity, ending balance (in shares) |
TemporaryEquitySharesOutstanding
|
3.23M | shares | Point-in-time |
| Temporary equity, ending balance (in shares) |
TemporaryEquitySharesOutstanding
|
469.15M | shares | Point-in-time |
| Temporary equity, ending balance (in shares) |
TemporaryEquitySharesOutstanding
|
3.23M | shares | Point-in-time |
| Temporary equity, ending balance (in shares) |
TemporaryEquitySharesOutstanding
|
469.15M | shares | Point-in-time |
| Temporary equity, ending balance |
TemporaryEquityCarryingAmountAttributableToParent
|
$320.37M | USD | Point-in-time |
| Temporary equity, ending balance |
TemporaryEquityCarryingAmountAttributableToParent
|
$3.17B | USD | Point-in-time |
| Temporary equity, ending balance |
TemporaryEquityCarryingAmountAttributableToParent
|
$320.37M | USD | Point-in-time |
| Temporary equity, ending balance |
TemporaryEquityCarryingAmountAttributableToParent
|
$3.17B | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.