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As of Q3'25, SOFI's EV/EBITDA stands at 50.88, marking a significant improvement from the negative values observed in 2023 and the peak of 187.112 in Q1'24. The latest data point reflects a continued stabilization in valuation metrics as the company transitions into positive territory. From Q1'23 to Q3'25, the EV/EBITDA ratio has shown considerable volatility, with deep negative values in 2023, a sharp spike to 187.112 in Q1'24, and a subsequent normalization throughout 2024 and 2025. This trend suggests that SOFI experienced a period of financial instability followed by a rapid recovery, with the EV/EBITDA ratio stabilizing in the 30-50 range in recent quarters, indicating improved operational performance and market confidence over the covered period.