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Nu vs SoFi Technologies: revenue, profit, margins and growth compared

Nu brought in $11.5B of revenue in fiscal 2024, SoFi Technologies $3.6B in fiscal 2025. Revenue changed by +43.4% at Nu and +35.1% at SoFi Technologies on the year before, so Nu grew faster. Nu kept 17.1% of its revenue as net profit, SoFi Technologies 13.3%.

Side by side, latest fiscal year

NUSOFI
Fiscal year endedFY2024 (December 31, 2024)FY2025 (December 31, 2025)
Revenue$11.5B$3.6B
Revenue growth+43.4%+35.1%
Net income$2B$481.3M
Net margin17.1%13.3%
Free cash flown/a-$4B
Free cash flow marginn/a-110.3%
Earnings per share (diluted)$0.40$0.39
Cash$9.2B$4.9B
Debt$1.7Bn/a
Price to earningsn/a42.5
Market value$66B$21.4B
Dividend yieldn/an/a
Rank by revenue in sector#59 of 444 · Finance#112 of 444 · Finance

Over the years

Revenue
NU FY2019: $612.1MNU FY2021: $737.1MNU FY2021: $1.7BNU FY2022: $4.8BNU FY2023: $8BNU FY2024: $11.5BSOFI FY2019: $442.7MSOFI FY2020: $565.5MSOFI FY2021: $984.9MSOFI FY2022: $1.6BSOFI FY2023: $2.1BSOFI FY2024: $2.7BSOFI FY2025: $3.6BFY19FY20FY21FY22FY23FY24FY25
NU $11.5BSOFI $3.6B
Net income
NU FY2019: -$92.5MNU FY2021: -$171.5MNU FY2021: -$165MNU FY2022: -$364.6MNU FY2023: $1BNU FY2024: $2BSOFI FY2019: -$239.7MSOFI FY2020: -$224.1MSOFI FY2021: -$483.9MSOFI FY2022: -$320.4MSOFI FY2023: -$300.7MSOFI FY2024: $498.7MSOFI FY2025: $481.3MFY19FY20FY21FY22FY23FY24FY25
NU $2BSOFI $481.3M
Net margin
NU FY2019: -15.1%NU FY2021: -23.3%NU FY2021: -9.7%NU FY2022: -7.6%NU FY2023: 12.8%NU FY2024: 17.1%SOFI FY2019: -54.1%SOFI FY2020: -39.6%SOFI FY2021: -49.1%SOFI FY2022: -20.4%SOFI FY2023: -14.2%SOFI FY2024: 18.6%SOFI FY2025: 13.3%FY19FY20FY21FY22FY23FY24FY25
NU 17.1%SOFI 13.3%
Revenue growth
NU FY2021: +20.4%NU FY2021: +130.4%NU FY2022: +182.2%NU FY2023: +67.5%NU FY2024: +43.4%SOFI FY2020: +27.8%SOFI FY2021: +74.1%SOFI FY2022: +59.8%SOFI FY2023: +34.9%SOFI FY2024: +26.0%SOFI FY2025: +35.1%FY20FY21FY22FY23FY24FY25
NU +43.4%SOFI +35.1%
Free cash flow
SOFI FY2019: -$92.3MSOFI FY2020: -$503.9MSOFI FY2021: -$1.4BSOFI FY2022: -$7.3BSOFI FY2023: -$7.3BSOFI FY2024: -$1.3BSOFI FY2025: -$4BFY19FY20FY21FY22FY23FY24FY25
NUSOFI -$4B

Fiscal years as each company reports them; the two may end in different months.

Questions about Nu and SoFi Technologies

Which is bigger by revenue, Nu or SoFi Technologies?

Nu is bigger by revenue: $11.5B in fiscal 2024, against $3.6B for SoFi Technologies in fiscal 2025.

Which keeps more of its revenue as profit, Nu or SoFi Technologies?

Nu had a net margin of 17.1% in fiscal 2024; SoFi Technologies had 13.3% in fiscal 2025.

Which grew revenue faster, Nu or SoFi Technologies?

In their latest fiscal years revenue changed by +43.4% at Nu and +35.1% at SoFi Technologies.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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