What is Figure Technology Solutio's earnings per share (EPS)?

Figure Technology Solutio (FGRS) reported diluted earnings per share of $0.44 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Figure Technology Solutio Financials

FGRS

Trailing 12 months to June 30, 2026

Revenue $708.9M YoY not available

Net Income $237.1M YoY not available

EPS (Diluted) $0.93 +481.3% YoY

Free Cash Flow Not reported for the trailing 12 months

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 14, 2026 Currency USD FYE December

Figure Technology Solutio (FGRS) reported $708.9M in revenue over the twelve months to Jun 30, 2026. This page shows its 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).

Rhea AI FGRS FY2025 2026-05-15

FGRS in FY2025 looks like a margin-inflecting business whose reported profits improved faster than its internally generated cash.

Between FY2024 and FY2025, operating leverage became unmistakable: operating margin moved from 2.7% to 23.2%, a much bigger shift than a simple volume increase would usually produce. But cash conversion still lagged, with net income of $133.9M becoming only $62.6M of operating cash flow, so the far larger cash balance reflects stronger earnings plus financing support rather than profits alone.

The swing from FY2023 losses to FY2025 profitability was not just a sales rebound; R&D intensity rose far more slowly, from $49.2M to $64.9M, which suggests the cost base had meaningful fixed elements that were finally absorbed by higher revenue. Interest burden also eased, helping more of that operating improvement reach the bottom line.

Balance-sheet posture improved alongside earnings: the current ratio reached 2.2x and debt to equity fell to 0.2x, indicating much more room to handle near-term obligations without leaning as heavily on leverage. That matters because current liabilities were still $846.0M, so the stronger liquidity is a structural cushion, not an academic ratio improvement.

Financial Health Signals

Financial health score not available

Figure Technology Solutio does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

5/7

Figure Technology Solutio passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Low Quality

0.47x

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.

Interest Coverage Adequate

2.40x

Figure Technology Solutio earns $2.40 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

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Earnings & Revenue

Revenue

$506.9M

YoY+48.7%

Figure Technology Solutio generated $506.9M in revenue in fiscal year 2025. This represents an increase of 48.7% from the prior year.

Net Income

$133.9M

YoY+677.6%

Figure Technology Solutio reported $133.9M in net income in fiscal year 2025. This represents an increase of 677.6% from the prior year.

EPS (Diluted)

$0.44

Figure Technology Solutio earned $0.44 per diluted share (EPS) in fiscal year 2025.

EBITDA

Not reported for fiscal year 2025.

Cash & Balance Sheet

Cash & Debt

$1.2B

YoY+313.6%

Figure Technology Solutio held $1.2B in cash against $230.1M in long-term debt as of fiscal year 2025.

Free Cash Flow

Not reported for fiscal year 2025.

Dividends Per Share

Not reported for fiscal year 2025.

Shares Outstanding

Not reported for fiscal year 2025.

Margins & Returns

Operating Margin

23.2%

YoY+20.5pp

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.

Net Margin

26.4%

YoY+21.4pp

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.

Return on Equity

10.9%

YoY+6.0pp

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.

Gross Margin

Not reported for fiscal year 2025.

Capital Allocation

R&D Spending

$64.9M

YoY+3.6%

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.

Share Buybacks

YoY-100.0%

Figure Technology Solutio repurchased no shares in fiscal year 2025. This represents a decrease of 100.0% from the prior year.

Capital Expenditures

Not reported for fiscal year 2025.

FGRS Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

FGRS quarterly income statement

Metric	TTM	FY25	FY24	FY23
Revenue	$708.9M	$506.9M+48.7%	$340.9M+62.7%	$209.5M
R&D Expenses	$62.6M	$64.9M+3.6%	$62.7M+27.5%	$49.2M
SG&A Expenses	$193.8M	$132.0M+26.6%	$104.3M+77.3%	$58.8M
Operating Income	$201.4M	$117.5M+1172.6%	$9.2M+118.7%	-$49.4M
Interest Expense	$62.1M	$48.9M-13.4%	$56.4M+14.7%	$49.2M
Income Tax	-$36.6M	-$20.6M-1046.5%	$2.2M+2034.3%	$102K
Net Income	$237.1M	$133.9M+677.6%	$17.2M+135.9%	-$47.9M
EPS (Diluted)	$0.93	$0.44	$0.00+100.0%	-$0.93

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$225.6M+35.1%	$167.0M+4.4%	$159.9M+2.3%	$156.4M+47.4%	$106.1M+25.5%	$84.5M	N/A	$101.0M
R&D Expenses	$15.6M-0.3%	$15.6M+0.2%	$15.6M-2.1%	$15.9M-0.6%	$16.0M-8.0%	$17.4M	N/A	$16.1M
SG&A Expenses	$51.4M+12.8%	$45.6M-24.5%	$60.4M+66.0%	$36.4M+121.8%	$16.4M-13.0%	$18.8M	N/A	$15.9M
Operating Income	$77.7M+85.3%	$41.9M+44.6%	$29.0M-45.0%	$52.7M+90.2%	$27.7M+243.5%	$8.1M	N/A	$26.1M
Interest Expense	$19.7M+16.5%	$16.9M+29.2%	$13.1M+5.0%	$12.4M+0.6%	$12.4M+12.8%	$11.0M	N/A	$14.8M
Income Tax	-$4.4M+36.0%	-$6.9M-210.8%	$6.3M+119.9%	-$31.5M-1037.2%	$3.4M+172.9%	$1.2M	N/A	$1.3M
Net Income	$87.4M+94.6%	$44.9M+196.5%	$15.2M-83.1%	$89.6M+199.2%	$29.9M+3751.5%	-$820K	N/A	$27.3M
EPS (Diluted)	$0.35+94.4%	$0.18+200.0%	$0.06-82.4%	$0.34+325.0%	$0.08	-$0.01	$0.00-100.0%	$0.09

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit.

FGRS Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

FGRS quarterly balance sheet

Metric	FY25	FY24	FY23
Total Assets	$2.3B+99.9%	$1.2B	N/A
Current Assets	$1.9B+117.8%	$854.7M	N/A
Cash & Equivalents	$1.2B+313.6%	$289.7M+64.8%	$175.8M
Accounts Receivable	$52.0M+147.7%	$21.0M	N/A
Total Liabilities	$1.1B+35.7%	$796.2M	N/A
Current Liabilities	$846.0M+35.2%	$625.5M	N/A
Long-Term Debt	$230.1M+37.1%	$167.9M	N/A
Total Equity	$1.2B+246.1%	$355.1M+59.6%	$222.4M
Retained Earnings	-$187.0M+41.7%	-$320.9M	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$3.0B+10.5%	$2.7B+17.8%	$2.3B+7.5%	$2.2B	N/A	N/A	$1.2B	N/A
Current Assets	$2.4B+7.4%	$2.2B+19.6%	$1.9B+5.8%	$1.8B	N/A	N/A	$854.7M	N/A
Cash & Equivalents	$1.4B-1.9%	$1.5B+22.2%	$1.2B+9.2%	$1.1B+146.8%	$444.6M+14.9%	$387.1M+33.6%	$289.7M-3.9%	$301.3M
Accounts Receivable	$88.5M+35.5%	$65.3M+25.6%	$52.0M+12.5%	$46.2M	N/A	N/A	$21.0M	N/A
Total Liabilities	$1.6B+11.5%	$1.4B+33.2%	$1.1B+10.2%	$980.2M	N/A	N/A	$796.2M	N/A
Current Liabilities	$1.3B+9.6%	$1.2B+38.6%	$846.0M+8.7%	$778.2M	N/A	N/A	$625.5M	N/A
Long-Term Debt	$315.9M+20.5%	$262.2M+13.9%	$230.1M+16.3%	$197.8M	N/A	N/A	$167.9M	N/A
Total Equity	$1.4B+9.4%	$1.3B+5.1%	$1.2B+5.2%	$1.2B+188.7%	$404.5M+9.7%	$368.5M+3.8%	$355.1M+1.6%	$349.6M
Retained Earnings	-$54.3M+61.7%	-$142.0M+24.0%	-$187.0M+7.5%	-$202.2M	N/A	N/A	-$320.9M	N/A

Not reported in any period shown, so not listed: Inventory, Goodwill.

FGRS Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

FGRS quarterly cash flow statement

Metric	TTM	FY25	FY24	FY23
Operating Cash Flow	-$86.5M	$62.6M+149.3%	-$127.0M-280.8%	-$33.4M
Investing Cash Flow	-$106.9M	-$61.3M-63.6%	-$37.4M-112.5%	-$17.6M
Financing Cash Flow	$1.3B	$918.0M+173.1%	$336.1M+410.9%	$65.8M
Share Buybacks	N/A	$0-100.0%	$1.0M	$0

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	-$35.2M+7.1%	-$37.8M-385.0%	$13.3M+149.5%	-$26.8M-112.4%	$216.4M+254.2%	-$140.3M-260.6%	$87.4M	N/A
Investing Cash Flow	-$21.7M+59.6%	-$53.6M-32.5%	-$40.4M-556.9%	$8.9M+165.3%	-$13.6M+16.0%	-$16.1M-149.0%	-$6.5M	N/A
Financing Cash Flow	$53.6M-85.2%	$361.2M+178.2%	$129.8M-82.4%	$737.5M+607.5%	-$145.3M-174.1%	$196.0M+664.7%	-$34.7M	N/A
Share Buybacks	$0-100.0%	$9.7M	N/A	N/A	$0	$0	N/A	N/A

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid.

FGRS Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

FGRS quarterly financial ratios

Metric	FY25	FY24	FY23
Operating Margin	23.2%+20.5pp	2.7%+26.3pp	-23.6%
Net Margin	26.4%+21.4pp	5.1%+27.9pp	-22.9%
Return on Equity	10.9%+6.0pp	4.9%+26.4pp	-21.6%
Return on Assets	5.8%+4.3pp	1.5%	N/A
Current Ratio	2.20+0.8x	1.37	N/A
Debt-to-Equity	0.19-0.3x	0.47	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Margin	34.5%+9.4pp	25.1%+7.0pp	18.1%-15.6pp	33.7%+7.6pp	26.1%+16.6pp	9.6%	N/A	25.9%
Net Margin	38.8%+11.8pp	26.9%+17.4pp	9.5%-47.8pp	57.3%+29.1pp	28.2%+29.2pp	-1.0%	N/A	27.1%
Return on Equity	6.2%+2.7pp	3.5%+2.3pp	1.2%-6.4pp	7.7%+0.3pp	7.4%+7.6pp	-0.2%	N/A	7.8%
Return on Assets	2.9%+1.3pp	1.7%+1.0pp	0.7%-3.5pp	4.2%	N/A	N/A	N/A	N/A
Current Ratio	1.860.0x	1.90-0.3x	2.20-0.1x	2.26	N/A	N/A	1.37	N/A
Debt-to-Equity	0.220.0x	0.200.0x	0.190.0x	0.17	N/A	N/A	0.47	N/A

Not reported in any period shown, so not listed: Gross Margin, FCF Margin.

Where Figure Technology Solutio Ranks

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 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 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 2.40x, 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.