Figure Technology Solutions, Inc. (FIGR) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 22, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FIGR SEC filings page.
Figure Technology Solutions, Inc. (FIGR) 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).
Figure’s profitability inflected sharply, but cash conversion and financing flows show expansion still absorbs substantial funding.
FY2025 net income of$133.9M translated into operating cash flow of$62.6M , so accounting profit was not yet fully becoming cash. That contrasts with FY2024, when operating cash flow was-$127.0M despite net income of$17.2M , making the latest improvement meaningful but still incomplete.
Revenue increased
Equity grew
Financial Health Signals
Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 4 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Figure Technology Solutions, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Figure Technology Solutions, Inc. earned a return on assets of 5.8% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is up from 1.5% the prior year. Earnings ranks banks on that return over three years, and Figure Technology Solutions, Inc. scores 97/100 among other banks.
Figure Technology Solutions, Inc. reported revenue of $506.9M in fiscal year 2025, against $340.9M in fiscal year 2024. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and Figure Technology Solutions, Inc. scores 94/100 among other banks.
Figure Technology Solutions, Inc. funded 53.0% of its assets with shareholders' equity at the end of fiscal year 2025, holding $1.2B of equity against $2.3B of assets. Capital ranks banks on that cushion, and Figure Technology Solutions, Inc. scores 93/100 among other banks.
Not available for Figure Technology Solutions, Inc., so it is left out of the overall score, which averages the 4 of 6 dimensions that can be computed.
Not available for Figure Technology Solutions, Inc., so it is left out of the overall score, which averages the 4 of 6 dimensions that can be computed.
Figure Technology Solutions, Inc. reported net income of $133.9M in fiscal year 2025, against $17.2M in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and Figure Technology Solutions, Inc. scores 9/100 among other banks.
Figure Technology Solutions, Inc. 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, the one computable operating efficiency signal (asset turnover improving) does not pass.
Figure Technology Solutions, Inc. 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
Earnings & Revenue
Figure Technology Solutions, Inc. generated $225.6M in revenue in Q2 2026. This represents an increase of 112.7% from the same quarter a year earlier. Against the prior quarter it is up 35.1%.
Figure Technology Solutions, Inc. reported $87.4M in net income in Q2 2026. This represents an increase of 192.1% from the same quarter a year earlier. Against the prior quarter it is up 94.6%.
Figure Technology Solutions, Inc. earned $0.35 per diluted share (EPS) in Q2 2026. Against the prior quarter it is up 94.4%.
Not reported for Q2 2026.
Cash & Balance Sheet
Figure Technology Solutions, Inc. held $1.4B in cash against $315.9M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Figure Technology Solutions, Inc.'s operating margin was 34.5% in Q2 2026, reflecting core business profitability. This is up 8.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 9.4 percentage points.
Figure Technology Solutions, Inc.'s net profit margin was 38.8% in Q2 2026, showing the share of revenue converted to profit. This is up 10.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 11.8 percentage points.
Figure Technology Solutions, Inc.'s quarterly ROE was 6.2% in Q2 2026: one quarter's net income over shareholder equity, not annualized. Against the prior quarter it is up 2.7 percentage points.
Not reported for Q2 2026.
Capital Allocation
Figure Technology Solutions, Inc. invested $15.6M in research and development in Q2 2026. This represents a decrease of 2.9% from the same quarter a year earlier. Against the prior quarter it is down 0.3%.
Figure Technology Solutions, Inc. repurchased no shares in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is down 100.0%.
Not reported for Q2 2026.
FIGR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $225.6M+112.7% | $167.0M+97.6% | $159.9M | $156.4M+54.8% | $106.1M | $84.5M | N/A | $101.0M |
| R&D Expenses | $15.6M-2.9% | $15.6M-10.4% | $15.6M | $15.9M-1.0% | $16.0M | $17.4M | N/A | $16.1M |
| SG&A Expenses | $82.2M+146.3% | $71.1M+110.2% | $82.4M | $58.5M+89.2% | $33.4M | $33.8M | N/A | $30.9M |
| Operating Income | $77.7M+180.4% | $41.9M+419.6% | $29.0M | $52.7M+101.7% | $27.7M | $8.1M | N/A | $26.1M |
| Interest Expense | $19.7M+58.9% | $16.9M+53.9% | $13.1M | $12.4M-15.7% | $12.4M | $11.0M | N/A | $14.8M |
| Income Tax | -$4.4M-232.5% | -$6.9M-664.6% | $6.3M | -$31.5M-2611.0% | $3.4M | $1.2M | N/A | $1.3M |
| Net Income | $87.4M+192.1% | $44.9Mn/m | $15.2M | $89.6M+227.6% | $29.9M | -$820K | N/A | $27.3M |
| EPS (Basic) | $0.39 | $0.21 | $0.06n/m | $0.42+366.7% | $0.11 | -$0.01 | $0.00 | $0.09 |
| EPS (Diluted) | $0.35 | $0.18 | $0.06n/m | $0.34+277.8% | $0.08 | -$0.01 | $0.00 | $0.09 |
| Diluted Shares (Avg) | 247M | 249M | N/A | 130M+76.6% | 88M | 69M | N/A | 74M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, EBITDA.
FIGR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.0B | $2.7B | $2.3B+99.9% | $2.2B | N/A | N/A | $1.2B | N/A |
| Current Assets | $2.4B | $2.2B | $1.9B+117.8% | $1.8B | N/A | N/A | $854.7M | N/A |
| Cash & Equivalents | $1.4B+223.3% | $1.5B+278.4% | $1.2B+313.6% | $1.1B+264.1% | $444.6M | $387.1M | $289.7M | $301.3M |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0 | $0 | $0 | $0 |
| Accounts Receivable | $88.5M | $65.3M | $52.0M+147.7% | $46.2M | N/A | N/A | $21.0M | N/A |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.6B | $1.4B | $1.1B+35.7% | $980.2M | N/A | N/A | $796.2M | N/A |
| Current Liabilities | $1.3B | $1.2B | $846.0M+35.2% | $778.2M | N/A | N/A | $625.5M | N/A |
| Non-Current Liabilities | $319.5M | $266.1M | $234.3M+37.3% | $202.1M | N/A | N/A | $170.7M | N/A |
| Long-Term Debt | $315.9M | $262.2M | $230.1M+37.1% | $197.8M | N/A | N/A | $167.9M | N/A |
| Total Equity | $1.4B | $1.3B | $1.2B+246.1% | $1.2B | N/A | N/A | $355.1M | N/A |
| Retained Earnings | -$54.3M | -$142.0M | -$187.0Mn/m | -$202.2M | N/A | N/A | -$320.9M | N/A |
Not reported in any period shown, so not listed: Inventory, Goodwill.
FIGR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$35.2M-116.2% | -$37.8Mn/m | $13.3M-84.8% | -$26.8M | $216.4M | -$140.3M | $87.4M | N/A |
| Stock-Based Compensation | $26.1M+390.2% | $25.9M+972.0% | N/A | $19.9M+180.5% | $5.3M | $2.4M | N/A | $7.1M |
| Investing Cash Flow | -$21.7Mn/m | -$53.6Mn/m | -$40.4Mn/m | $8.9M | -$13.6M | -$16.1M | -$6.5M | N/A |
| Financing Cash Flow | $53.6Mn/m | $361.2M+84.3% | $129.8Mn/m | $737.5M | -$145.3M | $196.0M | -$34.7M | N/A |
| Share Buybacks | $0n/m | $9.7Mn/m | N/A | N/A | $0 | $0 | N/A | N/A |
Not reported in any period shown, so not listed: Depreciation & Amortization, Capital Expenditures, Free Cash Flow, Dividends Paid.
FIGR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 34.5%+8.3pp | 25.1%+15.6pp | 18.1% | 33.7%+7.8pp | 26.1% | 9.6% | N/A | 25.9% |
| Net Margin | 38.8%+10.5pp | 26.9%+27.9pp | 9.5% | 57.3%+30.2pp | 28.2% | -1.0% | N/A | 27.1% |
| Return on Equity | 6.2% | 3.5% | 1.2% | 7.7% | N/A | N/A | N/A | N/A |
| Return on Assets | 2.9% | 1.7% | 0.7% | 4.2% | N/A | N/A | N/A | N/A |
| Current Ratio | 1.86 | 1.90 | 2.20+0.8x | 2.26 | N/A | N/A | 1.37 | N/A |
| Debt-to-Equity | 0.22 | 0.20 | 0.19-0.3x | 0.17 | N/A | N/A | 0.47 | N/A |
| Liabilities-to-Equity | 1.14 | 1.11 | 0.88-1.4x | 0.84 | N/A | N/A | 2.24 | N/A |
| Asset Turnover | 0.07 | 0.06 | 0.07 | 0.07 | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Gross Margin, FCF Margin.
Where Figure Technology Solutions, Inc. Ranks
Frequently Asked Questions
What is Figure Technology Solutions, Inc.'s annual revenue?
Figure Technology Solutions, Inc. (FIGR) 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 Solutions, Inc.'s revenue growing?
Figure Technology Solutions, Inc. (FIGR) revenue grew by 48.7% year-over-year, from $340.9M to $506.9M in fiscal year 2025.
Is Figure Technology Solutions, Inc. profitable?
Yes, Figure Technology Solutions, Inc. (FIGR) reported a net income of $237.1M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $133.9M, with a net profit margin of 26.4%.
How much debt does Figure Technology Solutions, Inc. have?
As of fiscal year 2025, Figure Technology Solutions, Inc. (FIGR) had $1.2B in cash and equivalents against $230.1M in long-term debt.
What is Figure Technology Solutions, Inc.'s operating margin?
Figure Technology Solutions, Inc. (FIGR) 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 Solutions, Inc.'s net profit margin?
Figure Technology Solutions, Inc. (FIGR) 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 Solutions, Inc.'s return on equity (ROE)?
Figure Technology Solutions, Inc. (FIGR) 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 Solutions, Inc.'s operating cash flow?
Figure Technology Solutions, Inc. (FIGR) generated $62.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Figure Technology Solutions, Inc.'s total assets?
Figure Technology Solutions, Inc. (FIGR) had $2.3B in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Figure Technology Solutions, Inc. spend on research and development?
Figure Technology Solutions, Inc. (FIGR) invested $64.9M in research and development during fiscal year 2025.
What is Figure Technology Solutions, Inc.'s current ratio?
Figure Technology Solutions, Inc. (FIGR) had a current ratio of 2.20 as of fiscal year 2025, which is generally considered healthy.
What is Figure Technology Solutions, Inc.'s debt-to-equity ratio?
Figure Technology Solutions, Inc. (FIGR) had a debt-to-equity ratio of 0.19 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Figure Technology Solutions, Inc.'s liabilities-to-equity ratio?
Figure Technology Solutions, Inc. (FIGR) had a liabilities-to-equity ratio of 0.88 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Figure Technology Solutions, Inc.'s return on assets (ROA)?
Figure Technology Solutions, Inc. (FIGR) 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 Solutions, Inc.'s P/E ratio?
Figure Technology Solutions, Inc. (FIGR) trades at 22.7x earnings, its market capitalization divided by $237.1M net income, trailing 12 months to June 30, 2026. The market capitalization is $5.4B as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Figure Technology Solutions, Inc.'s price-to-sales ratio?
Figure Technology Solutions, Inc. (FIGR) trades at 7.6x sales, its market capitalization divided by $708.9M revenue, trailing 12 months to June 30, 2026. The market capitalization is $5.4B as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Figure Technology Solutions, Inc.'s Piotroski F-Score?
Figure Technology Solutions, Inc. (FIGR) 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.
Can Figure Technology Solutions, Inc. cover its interest payments?
Figure Technology Solutions, Inc. (FIGR) 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.
How financially healthy is Figure Technology Solutions, Inc.?
Figure Technology Solutions, Inc. (FIGR) scores 73 out of 100 on our Financial Health Score, indicating strong standing within its banks peer group. The score is the average of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For Figure Technology Solutions, Inc. it averages the 4 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.