Figure Technology Solutio Financials
This page shows Figure Technology Solutio (FGRS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Figure Technology Solutio has an operating margin of 23.2%, meaning the company retains $23 of operating profit per $100 of revenue. This strong profitability earns a score of 74/100, reflecting efficient cost management and pricing power. This is up from 2.7% the prior year.
Figure Technology Solutio's revenue surged 48.7% year-over-year to $506.9M, reflecting rapid business expansion. This strong growth earns a score of 100/100.
Figure Technology Solutio carries a low D/E ratio of 0.19, meaning only $0.19 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.
Figure Technology Solutio's current ratio of 2.20 indicates adequate short-term liquidity, earning a score of 40/100. The company can meet its near-term obligations, though with limited headroom.
Figure Technology Solutio's ROE of 10.9% shows moderate profitability relative to equity, earning a score of 35/100. This is up from 4.9% the prior year.
Figure Technology Solutio passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Figure Technology Solutio generates $0.47 in operating cash flow ($62.6M OCF vs $133.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Figure Technology Solutio earns $2.4 in operating income for every $1 of interest expense ($117.5M vs $48.9M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Figure Technology Solutio generated $506.9M in revenue in fiscal year 2025. This represents an increase of 48.7% from the prior year.
Figure Technology Solutio reported $133.9M in net income in fiscal year 2025. This represents an increase of 677.6% from the prior year.
Figure Technology Solutio earned $0.44 per diluted share (EPS) in fiscal year 2025.
Cash & Balance Sheet
Figure Technology Solutio held $1.2B in cash against $230.1M in long-term debt as of fiscal year 2025.
Margins & Returns
Figure Technology Solutio's operating margin was 23.2% in fiscal year 2025, reflecting core business profitability. This is up 20.5 percentage points from the prior year.
Figure Technology Solutio's net profit margin was 26.4% in fiscal year 2025, showing the share of revenue converted to profit. This is up 21.4 percentage points from the prior year.
Figure Technology Solutio's ROE was 10.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 6.0 percentage points from the prior year.
Capital Allocation
Figure Technology Solutio invested $64.9M in research and development in fiscal year 2025. This represents an increase of 3.6% from the prior year.
Figure Technology Solutio spent $0 on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 100.0% from the prior year.
FGRS Income Statement
| Metric | Q4'25 | Q3'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|
| Revenue | N/A | $156.4M | N/A | $101.0M |
| Cost of Revenue | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | $15.9M | N/A | $16.1M |
| SG&A Expenses | N/A | $36.4M | N/A | $15.9M |
| Operating Income | N/A | $52.7M | N/A | $26.1M |
| Interest Expense | N/A | $12.4M | N/A | $14.8M |
| Income Tax | N/A | -$31.5M | N/A | $1.3M |
| Net Income | N/A | $89.6M | N/A | $27.3M |
| EPS (Diluted) | N/A | $0.34 | N/A | $0.09 |
FGRS Balance Sheet
| Metric | Q4'25 | Q3'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|
| Total Assets | $2.3B+7.5% | $2.2B+86.0% | $1.2B | N/A |
| Current Assets | $1.9B+5.8% | $1.8B+105.9% | $854.7M | N/A |
| Cash & Equivalents | $1.2B+9.2% | $1.1B+278.7% | $289.7M-3.9% | $301.3M |
| Inventory | N/A | N/A | N/A | N/A |
| Accounts Receivable | $52.0M+12.5% | $46.2M+120.2% | $21.0M | N/A |
| Goodwill | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.1B+10.2% | $980.2M+23.1% | $796.2M | N/A |
| Current Liabilities | $846.0M+8.7% | $778.2M+24.4% | $625.5M | N/A |
| Long-Term Debt | $230.1M+16.3% | $197.8M+17.8% | $167.9M | N/A |
| Total Equity | $1.2B+5.2% | $1.2B+228.9% | $355.1M+1.6% | $349.6M |
| Retained Earnings | -$187.0M+7.5% | -$202.2M+37.0% | -$320.9M | N/A |
FGRS Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|
| Operating Cash Flow | $13.3M | N/A | $87.4M | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$40.4M | N/A | -$6.5M | N/A |
| Financing Cash Flow | $129.8M | N/A | -$34.7M | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A |
FGRS Financial Ratios
| Metric | Q4'25 | Q3'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | 33.7% | N/A | 25.9% |
| Net Margin | N/A | 57.3% | N/A | 27.1% |
| Return on Equity | N/A | 7.7% | N/A | 7.8% |
| Return on Assets | N/A | 4.2% | N/A | N/A |
| Current Ratio | 2.20-0.1 | 2.26+0.9 | 1.37 | N/A |
| Debt-to-Equity | 0.19+0.0 | 0.17-0.3 | 0.47 | N/A |
| FCF Margin | N/A | N/A | N/A | N/A |
Frequently Asked Questions
What is Figure Technology Solutio's annual revenue?
Figure Technology Solutio (FGRS) reported $506.9M in total revenue for fiscal year 2025. This represents a 48.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Figure Technology Solutio's revenue growing?
Figure Technology Solutio (FGRS) revenue grew by 48.7% year-over-year, from $340.9M to $506.9M in fiscal year 2025.
Is Figure Technology Solutio profitable?
Yes, Figure Technology Solutio (FGRS) reported a net income of $133.9M in fiscal year 2025, with a net profit margin of 26.4%.
How much debt does Figure Technology Solutio have?
As of fiscal year 2025, Figure Technology Solutio (FGRS) had $1.2B in cash and equivalents against $230.1M in long-term debt.
What is Figure Technology Solutio's operating margin?
Figure Technology Solutio (FGRS) had an operating margin of 23.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Figure Technology Solutio's net profit margin?
Figure Technology Solutio (FGRS) had a net profit margin of 26.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Figure Technology Solutio's return on equity (ROE)?
Figure Technology Solutio (FGRS) has a return on equity of 10.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Figure Technology Solutio's operating cash flow?
Figure Technology Solutio (FGRS) generated $62.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Figure Technology Solutio's total assets?
Figure Technology Solutio (FGRS) had $2.3B in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Figure Technology Solutio spend on research and development?
Figure Technology Solutio (FGRS) invested $64.9M in research and development during fiscal year 2025.
What is Figure Technology Solutio's current ratio?
Figure Technology Solutio (FGRS) had a current ratio of 2.20 as of fiscal year 2025, which is generally considered healthy.
What is Figure Technology Solutio's debt-to-equity ratio?
Figure Technology Solutio (FGRS) had a debt-to-equity ratio of 0.19 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Figure Technology Solutio's return on assets (ROA)?
Figure Technology Solutio (FGRS) had a return on assets of 5.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Figure Technology Solutio's Piotroski F-Score?
Figure Technology Solutio (FGRS) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Figure Technology Solutio's earnings high quality?
Figure Technology Solutio (FGRS) has an earnings quality ratio of 0.47x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Figure Technology Solutio cover its interest payments?
Figure Technology Solutio (FGRS) has an interest coverage ratio of 2.4x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Figure Technology Solutio?
Figure Technology Solutio (FGRS) scores 70 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.