GAIN
Gladstone Investment Corporation
GAIN has lower modeled downside risk, despite its lower overall score.
SOFI
SoFi Technologies, Inc.
SOFI has the edge over GAIN overall, supported by stronger modeled upside and stronger fundamentals.
GAIN Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Healthy | |
| N/A | |
| N/A |
GAIN's profitability is currently healthy, but its revenue is weak. Free cash flow and net leverage aren't meaningful measures for financial services companies like GAIN.
SOFI Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| N/A | |
| N/A |
SOFI's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like SOFI.
GAIN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 3.8x | $14.87 | — |
| Cheap | 3.9x | $15.39 | +3.5% |
| Fair | 5.6x | $22.05 | +48% |
| Expensive | 11x | $42.09 | +183% |
| Forward | 16x | $14.87 | — |
Historical ranges are pointers, not guarantees.
GAIN's PE is in its cheap range at 3.8x. On analysts' estimates for next year's earnings, today's price would be 16x, in its expensive range.
SOFI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 19x | $15.63 | — |
| Current | 28x | $15.63 | — |
| Cheap | 33x | $18.24 | +17% |
| Fair | 43x | $23.82 | +52% |
| Expensive | 53x | $29.74 | +90% |
Historical ranges are pointers, not guarantees.
SOFI has the edge over GAIN in the historical PE scenario, which offers more potential upside but is not a forecast.
GAIN Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Stable | |
| Growth | |
| Strongly weakening | |
| Limited | |
| Moderate |
Analysts expect GAIN's revenue to grow, but its profitability to weaken.
SOFI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
SOFI has the edge over GAIN on the outlook, with more favorable valuation and earnings expectations.
GAIN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.94 | -76% |
| Q4 2022 | $1.46 | -54% |
| Q3 2022 | $1.51 | -55% |
| Q2 2022 | $2.02 | -25% |
| Q1 2022 | $3.08 | +141% |
| Q4 2021 | $3.20 | +$3.68 |
| Q3 2021 | $3.35 | +$3.88 |
| Q2 2021 | $2.70 | +$3.09 |
| Q1 2021 | $1.28 | +$1.49 |
GAIN has the stronger earnings trend. Trailing diluted EPS is up 161% for GAIN versus SOFI flat.
SOFI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.82 | +47% |
| Q3 2026 | $0.56 | 0% |
| Q2 2026 | $0.49 | -2% |
| Q1 2026 | $0.45 | +4.7% |
| Q4 2025 | $0.39 | 0% |
| Q3 2025 | $0.56 | +367% |
| Q2 2025 | $0.50 | +$0.72 |
| Q1 2025 | $0.43 | +$0.72 |
| Q4 2024 | $0.39 | +$0.75 |
SOFI earned $0.56 per share over the past year, about the same as the year before.
GAIN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2022 | $15.6M | -69% |
| Q1 2022 | $19.7M | -17% |
| Q4 2021 | $10.7M | -40% |
| Q3 2021 | $31.8M | +257% |
| Q2 2021 | $50M | +1711% |
| Q4 2020 | $17.7M | +14% |
SOFI has the stronger quarterly revenue trend. Revenue is down 69% for GAIN versus up 44% for SOFI.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2022 | 77% | -17 points |
| Q1 2022 | 85% | -1.6 points |
| Q4 2021 | 97% | +11 points |
| Q3 2021 | 89% | +14 points |
| Q2 2021 | 94% | +93 points |
| Q1 2021 | 86% | N/A |
| Q4 2020 | 86% | +0.3 points |
| Q3 2020 | 74% | N/A |
GAIN's operating margin was 77% last quarter, down 17 points from the same quarter a year ago.
SOFI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.4B | +44% |
| Q2 2026 | $1.2B | +43% |
| Q1 2026 | $1.1B | +43% |
| Q4 2025 | $1B | +40% |
| Q3 2025 | $961.6M | +38% |
| Q2 2025 | $854.9M | +43% |
| Q1 2025 | $771.8M | +20% |
| Q4 2024 | $734.1M | +19% |
SOFI's revenue has grown year over year every quarter since mid-2022: $1.4B last quarter, up 44% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +7.5 points |
| Q2 2026 | 17% | +3.6 points |
| Q1 2026 | 18% | +7.8 points |
| Q4 2025 | 18% | +9.9 points |
| Q3 2025 | 15% | +6.3 points |
| Q2 2025 | 13% | +11 points |
| Q1 2025 | 10% | -4.3 points |
| Q4 2024 | 8.2% | -0.2 points |
SOFI's operating margin was 23% last quarter, up 7.5 points from the same quarter a year ago, near the top of its range since 2021.
GAIN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$134.7M | -$74M |
| Q2 2026 | $8.1M | +$58.2M |
| Q1 2026 | $16.8M | -85% |
| Q4 2025 | -$7.6M | +$164.3M |
| Q3 2025 | -$60.7M | -196% |
| Q2 2025 | -$50.2M | -507% |
| Q1 2025 | $112.7M | +1850% |
| Q4 2024 | -$171.9M | -924% |
GAIN has the edge over SOFI on cash flow, with more consistent year-over-year improvement.
SOFI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$3.1B | -$1.7B |
| Q2 2026 | -$4B | -$2.5B |
| Q1 2026 | -$2.4B | -$2.4B |
| Q4 2025 | -$1.1B | -$815.2M |
| Q3 2025 | -$1.4B | -$149M |
| Q2 2025 | -$1.5B | -$1B |
| Q1 2025 | -$31.1M | -104% |
| Q4 2024 | -$242.4M | +$39.9M |
SOFI's free cash flow was −$10.5B over the past year, against −$3.2B the year before. Free cash flow isn't a meaningful measure for financial services companies like SOFI.
GAIN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +3.6% | +1.4M shares |
| 3 years | +18% | +6M shares |
| 5 years | +20% | +6.6M shares |
| Available history | +21% | +7M shares |
GAIN has the edge over SOFI on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2022 | — |
| Q1 2022 | $94.4M |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | $57.5M |
| Q4 2020 | — |
| Q3 2020 | — |
SOFI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +5.8M shares |
| 1 year | +5.2% | +66.8M shares |
| 3 years | +43% | +407M shares |
| 5 years | +272% | +993M shares |
SOFI has 1.4B diluted shares, up 5.2% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | — |
| Q3 2021 | — |
GAIN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2022 | 3.1x | Elevated |
| Q1 2022 | 2.3x | Moderate |
| Q4 2021 | 2.1x | Moderate |
| Q3 2021 | 2.4x | Moderate |
| Q2 2021 | 1.6x | Healthy |
| Q1 2021 | 3.5x | Elevated |
| Q4 2019 | -0.1x | Net Cash |
GAIN's net debt is about 3.1 years of its operating earnings (EBITDA), up from 1.6 years a year ago. Net leverage isn't a meaningful measure for financial services companies like GAIN.
SOFI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.4x | Net Cash |
| Q2 2026 | -3.1x | Net Cash |
| Q1 2026 | -3.8x | Net Cash |
| Q4 2025 | -6.5x | Net Cash |
| Q3 2025 | -5.2x | Net Cash |
| Q2 2025 | -4.0x | Net Cash |
| Q1 2025 | -4.9x | Net Cash |
| Q4 2024 | -5.8x | Net Cash |
SOFI has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like SOFI.
GAIN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.9 | Neutral |
| Stochastic | 20.4 | Neutral |
GAIN's weekly RSI is 42 (neutral) and its Stochastic is 20 (neutral).
SOFI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.1 | Neutral |
| Stochastic | 41.5 | Neutral |
SOFI's weekly RSI is 43 (neutral) and its Stochastic is 41 (neutral).
GAIN PE vs Financial Services Sector
| Metric | GAIN | Sector median | Relative |
|---|---|---|---|
| PE | 3.8x | 13x | 71% below |
| PE % | 14 | 63 | 49 pts below |
GAIN has the edge over SOFI on valuation relative to its sector.
SOFI PE vs Financial Services Sector
| Metric | SOFI | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 13x | 114% above |
| PE % | 2 | 61 | 59 pts below |
SOFI is trading at 28x earnings, a 114% premium to the Financial Services sector's median of 13x.
GAIN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $15.2 | 2% below |
| 20 week MA | $15.8 | 5.8% below |
| 50 week MA | $15.1 | 1.6% below |
| 100 week MA | $14.5 | 2.8% above |
| 200 week MA | $14.1 | 5.8% above |
GAIN has the edge over SOFI on trend strength, trading above more of its moving averages.
SOFI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $15.7 | 0.7% below |
| 20 week MA | $17.0 | 7.8% below |
| 50 week MA | $18.9 | 17% below |
| 100 week MA | $18.9 | 17% below |
| 200 week MA | $13.5 | 16% above |
SOFI has fallen below most of its moving averages, though it's still 16% above its 200-week average.
GAIN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $13.5 | $10.1 | -25% |
| 2021 | $10.1 | $16.6 | +64% |
| 2022 | $16.6 | $12.8 | -23% |
| 2023 | $12.8 | $14.2 | +10% |
| 2024 | $14.2 | $13.2 | -7% |
| 2025 | $13.2 | $13.9 | +5.4% |
| 2026 YTD | $13.9 | $14.9 | +7.2% |
GAIN has the edge over SOFI on returns for 2026, with the stronger performance.
SOFI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.4 | $12.4 | +19% |
| 2021 | $12.4 | $15.1 | +22% |
| 2022 | $15.1 | $4.61 | -69% |
| 2023 | $4.61 | $9.95 | +116% |
| 2024 | $9.95 | $16.0 | +61% |
| 2025 | $16.0 | $27.1 | +69% |
| 2026 YTD | $27.1 | $15.6 | -42% |
SOFI's yearly returns have swung widely, from +116% in 2023 to −69% in 2022. It's down 42% so far in 2026.