LeonaClemens
2022-11-18

Update on $SOFI $SoFi Technologies Inc.(SOFI)$ /stock-based comp concerns:

Recall back when CFO Lapointe said over the long-term SoFi's SBC as a % of revenue should decline to be in line with peers?

Slowly but surely fulfilling that promise:

Q3'21: 26.2%
Q4'21: 27.5%
Q1'22: 23.9%
Q2'22: 22.5%
Q3'22: 18.6%

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