In Q4'25, SOFI's cash and short-term investments stood at $4.93B, reflecting a decline from the Q3'25 peak of $5.64B but remaining above the levels seen in earlier quarters. Meanwhile, debt decreased significantly to $1.92B, the lowest point in the observed period, indicating improved liquidity relative to borrowings. Over the timeframe from Q1'23 to Q4'25, cash and short-term investments exhibited an overall upward trend, growing from $2.85B to $4.93B with notable volatility, including a sharp rise to $5.64B in Q3'25 before the pullback. Debt, in contrast, showed a pronounced downward trajectory from $6.26B in Q1'23 to $1.92B in Q4'25, with a steep drop in Q1'24 from $5.35B to $3.00B and further reductions thereafter, suggesting aggressive deleveraging and enhanced financial stability.