What is FIGURE TECHNOLOGY SOLUTIO's earnings per share (EPS)?

FIGURE TECHNOLOGY SOLUTIO (FIGR) 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

FIGR

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows FIGURE TECHNOLOGY SOLUTIO (FIGR) 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).

Rhea AI FIGR FY2025 2026-04-22

Revenue growth is finally dropping through to profit, but the balance sheet shows external funding still shapes expansion.

The real inflection was operating leverage: as revenue scaled, SG&A and R&D fell from 51.5% to 38.8% of revenue, which explains the move from losses to strong operating profit. Even so, cash conversion lagged because $133.9M of net income became only $62.6M of operating cash flow.

Liquidity improved sharply, but it was funded mostly by external capital rather than internal cash generation: FY2025 financing inflow of $918.0M dwarfed operating cash flow of $62.6M. That is why cash rose to $1.2B even as debt-to-equity eased to 0.2x, giving the company more balance-sheet flexibility than the earnings line alone suggests.

Headline profitability overstates the operating step-up because FY2025 net margin of 26.4% sat above operating margin of 23.2%. Part of that spread came from below-the-line help, including a $20.6M tax benefit, so the cleaner read is that the core business turned profitable, but the reported bottom line is stronger than cash generation alone would imply.

Financial Health Signals

Financial Health Score 50/100

Scored as: Banks peer group

Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. 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 SOLUTIO'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.

Earnings

Growth

Capital

Stability

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

2.4x

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

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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.

EBITDA

N/A

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.

Cash & Balance Sheet

Free Cash Flow

N/A

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.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

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.

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 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.

Capital Expenditures

N/A

FIGR Income Statement

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

Metric	Q1'26	Q4'25	Q3'25	Q1'25	Q4'24	Q3'24
Revenue	$167.0M	N/A	$156.4M+85.0%	$84.5M	N/A	$101.0M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$15.6M	N/A	$15.9M-8.6%	$17.4M	N/A	$16.1M
SG&A Expenses	$45.6M	N/A	$36.4M+93.0%	$18.8M	N/A	$15.9M
Operating Income	$41.9M	N/A	$52.7M+553.1%	$8.1M	N/A	$26.1M
Interest Expense	$16.9M	N/A	$12.4M+13.5%	$11.0M	N/A	$14.8M
Income Tax	-$6.9M	N/A	-$31.5M-2658.0%	$1.2M	N/A	$1.3M
Net Income	$44.9M	N/A	$89.6M+11023.9%	-$820K	N/A	$27.3M
EPS (Diluted)	$0.18	N/A	$0.34+3500.0%	$-0.01	N/A	$0.09

FIGR 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
Inventory	N/A	N/A	N/A
Accounts Receivable	$52.0M+147.7%	$21.0M	N/A
Goodwill	N/A	N/A	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	Q1'26	Q4'25	Q3'25	Q1'25	Q4'24	Q3'24
Total Assets	$2.7B+17.8%	$2.3B+7.5%	$2.2B	N/A	$1.2B	N/A
Current Assets	$2.2B+19.6%	$1.9B+5.8%	$1.8B	N/A	$854.7M	N/A
Cash & Equivalents	$1.5B+22.2%	$1.2B+9.2%	$1.1B+183.4%	$387.1M+33.6%	$289.7M-3.9%	$301.3M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$65.3M+25.6%	$52.0M+12.5%	$46.2M	N/A	$21.0M	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.4B+33.2%	$1.1B+10.2%	$980.2M	N/A	$796.2M	N/A
Current Liabilities	$1.2B+38.6%	$846.0M+8.7%	$778.2M	N/A	$625.5M	N/A
Long-Term Debt	$262.2M+13.9%	$230.1M+16.3%	$197.8M	N/A	$167.9M	N/A
Total Equity	$1.3B+5.1%	$1.2B+5.2%	$1.2B+216.9%	$368.5M+3.8%	$355.1M+1.6%	$349.6M
Retained Earnings	-$142.0M+24.0%	-$187.0M+7.5%	-$202.2M	N/A	-$320.9M	N/A

FIGR Cash Flow Statement

Metric	FY25	FY24	FY23
Operating Cash Flow	$62.6M+149.3%	-$127.0M-280.8%	-$33.4M
Capital Expenditures	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A
Investing Cash Flow	-$61.3M-63.6%	-$37.4M-112.5%	-$17.6M
Financing Cash Flow	$918.0M+173.1%	$336.1M+410.9%	$65.8M
Dividends Paid	N/A	N/A	N/A
Share Buybacks	$0-100.0%	$1.0M	$0

Metric	Q1'26	Q4'25	Q3'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	-$37.8M-385.0%	$13.3M	N/A	-$140.3M-260.6%	$87.4M	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$53.6M-32.5%	-$40.4M	N/A	-$16.1M-149.0%	-$6.5M	N/A
Financing Cash Flow	$361.2M+178.2%	$129.8M	N/A	$196.0M+664.7%	-$34.7M	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$9.7M	N/A	N/A	$0	N/A	N/A

FIGR Financial Ratios

Metric	FY25	FY24	FY23
Gross Margin	N/A	N/A	N/A
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+0.8	1.37	N/A
Debt-to-Equity	0.19-0.3	0.47	N/A
FCF Margin	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q1'25	Q4'24	Q3'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	25.1%	N/A	33.7%+24.2pp	9.6%	N/A	25.9%
Net Margin	26.9%	N/A	57.3%+58.3pp	-1.0%	N/A	27.1%
Return on Equity	3.5%	N/A	7.7%+7.9pp	-0.2%	N/A	7.8%
Return on Assets	1.7%	N/A	4.2%	N/A	N/A	N/A
Current Ratio	1.90-0.3	2.20-0.1	2.26	N/A	1.37	N/A
Debt-to-Equity	0.20+0.0	0.19+0.0	0.17	N/A	0.47	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

What is FIGURE TECHNOLOGY SOLUTIO's annual revenue?

FIGURE TECHNOLOGY SOLUTIO (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 SOLUTIO's revenue growing?

FIGURE TECHNOLOGY SOLUTIO (FIGR) 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 (FIGR) 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 (FIGR) 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 (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 SOLUTIO's net profit margin?

FIGURE TECHNOLOGY SOLUTIO (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 SOLUTIO's return on equity (ROE)?

FIGURE TECHNOLOGY SOLUTIO (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 SOLUTIO's operating cash flow?

FIGURE TECHNOLOGY SOLUTIO (FIGR) 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 (FIGR) 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 (FIGR) invested $64.9M in research and development during fiscal year 2025.

What is FIGURE TECHNOLOGY SOLUTIO's current ratio?

FIGURE TECHNOLOGY SOLUTIO (FIGR) 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 (FIGR) 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 (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 SOLUTIO's Piotroski F-Score?

FIGURE TECHNOLOGY SOLUTIO (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.

Are FIGURE TECHNOLOGY SOLUTIO's earnings high quality?

FIGURE TECHNOLOGY SOLUTIO (FIGR) 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 (FIGR) 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 (FIGR) scores 50 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is a 0-100 composite 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. 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.