Figure Technology Solutions Reports Preliminary June & Q2 2026 Operating Data
Rhea-AI Summary
Figure Technology Solutions (Nasdaq: FIGR) reported unaudited preliminary operating data for June and Q2 2026, noting results exceeded the top end of prior guidance ranges.
Q2 2026 consumer loan marketplace volume reached $4.26B, up 47% quarter-over-quarter and 132% year-over-year, with detailed Democratized Prime and $YLDS metrics now updated weekly via a new transparency dashboard.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Positive
- Q2 2026 consumer loan marketplace volume $4,259M, up 47% QoQ and 132% YoY
- June 2026 consumer loan marketplace volume $1,519M, up 8% M/M and 155% YoY
- June 2026 Democratized Prime available lender supply $522M, up 4% M/M and 15% QoQ
- Figure states June and Q2 2026 operating data exceeded top end of prior guidance ranges
Negative
- $YLDS in circulation flat M/M at $556M in June 2026
- Q2 2026 $YLDS in circulation $556M, down 7% from $598M in Q1 2026
- All June and Q2 2026 figures are unaudited, preliminary, and subject to financial closing adjustments
News Market Reaction – FIGR
On the day this news was published, FIGR declined 1.27%, reflecting a mild negative market reaction. Our momentum scanner triggered 27 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $90M from the company's valuation, bringing the market cap to $6.98B at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 06 | Debt offering | Neutral | +1.5% | Announcement of planned $600M senior notes to fund Kiavi acquisition. |
| Jun 29 | Custody partnership | Positive | +0.8% | BitGo adds qualified custody support for SEC-registered YLDS security. |
| Jun 10 | Acquisition agreement | Positive | -0.7% | Agreement to acquire Kiavi technology and platform in $717M transaction. |
| Jun 04 | Funding agreement | Positive | +1.1% | Cross River commits up to $250M forward-flow for crypto-backed loans. |
| Jun 02 | Monthly operating data | Positive | -3.5% | May 2026 operating metrics show strong volume and growth across platforms. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent news has usually aligned with price direction, though the stock twice moved lower following strong operating updates.
Regulatory & Risk Context
Short interest appears relatively low, indicating limited squeeze potential and suggesting that short covering is unlikely to be a major driver of volatility.
Key Terms
gaap financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Launches Weekly Operational Tracking Dashboard to Provide Near-Real-Time Transparency
NEW YORK, July 07, 2026 (GLOBE NEWSWIRE) -- Figure Technology Solutions, Inc. (Nasdaq: FIGR; OPEN: FGRS) (“Figure”), the leading blockchain-native capital marketplace for the origination, funding, sale, and trading of tokenized assets, today reported select unaudited preliminary operating data for the month ended June 30, 2026 that have exceeded the top end of the company’s previously issued guidance ranges.
This reporting period marks Figure's transition away from historical monthly disclosures toward near-real-time operational transparency. Comprehensive metrics are now hosted on a dedicated weekly dashboard at https://figure.com/investors/metrics. Updated every Tuesday after market close, the platform delivers direct visibility into origination volumes, funding metrics, and overall marketplace activity.
| Dollars in Millions | June 2026 | May 2026 | M/M Change | June 2025 | Y/Y Change | |||||
| Consumer Loan Marketplace Volume | 8% | 155% | ||||||||
| $YLDS In Circulation1 | 0% | n.m. | ||||||||
| Democratized Prime2 | ||||||||||
| Matched Offers Balance | 2% | n.m. | ||||||||
| Borrower Demand | 1% | n.m. | ||||||||
| Available Lender Supply | 4% | n.m. | ||||||||
| Dollars in Millions | Q2 2026 | Q1 2026 | Q/Q Change | Q2 2025 | Y/Y Change | |||||
| Consumer Loan Marketplace Volume | 132% | |||||||||
| $YLDS In Circulation1 | - | n.m. | ||||||||
| Democratized Prime2 | ||||||||||
| Matched Offers Balance | 6% | n.m. | ||||||||
| Borrower Demand | 10% | n.m. | ||||||||
| Available Lender Supply | 15% | n.m. | ||||||||
1 $YLDS launched in February 2025
2 Democratized Prime launched in June 2025
About Certain Operating Metrics
In order to better help understand our financial performance, we use several operating metrics, some of which are discussed below, to evaluate our business and results, measure performance, identify trends, formulate plans, and make strategic decisions. Our determination and presentation of these metrics may differ from that of other companies. The presentation of these metrics is meant to be considered in addition to, not as a substitute for or in isolation from, our financial measures prepared in accordance with GAAP.
Consumer Loan Marketplace Volume: We define Consumer Loan Marketplace Volume as the total U.S. dollar equivalent value of originations of HELOCs, DSCRs, and personal loans on our LOS, as well as the volume of third-party loans traded on Figure Connect. We believe this measure is an indication of our scale and represents the potential revenue opportunity from the technology used for consumer credit loan originations.
$YLDS in Circulation: We define $YLDS in Circulation as the total U.S. dollar equivalent value of unsecured face-amount certificates solely backed by the assets of Figure Certificate Company (FCC), which is the issuer of the certificates. This is reported as an end of period outstanding balance.
Matched Offers: We define Matched Offers as the U.S. dollar equivalent value of offers matched between borrowers and lenders on the Democratized Prime platform. This is reported as an end of period outstanding balance.
Borrower Demand: We define Borrower Demand as the U.S. dollar equivalent value that borrowers seek to borrow from the lending pool on the Democratized Prime platform. This is reported as an end of period outstanding balance.
Available Lender Supply: We define Lender Supply as the U.S. dollar equivalent value that lenders have made available in the lending pool on the Democratized Prime platform. This is reported as an end of period outstanding balance.
Financial Disclosure Advisory
The information in this release is unaudited and the information for the months in the most recent fiscal quarter is preliminary, based on Figure’s estimates, and subject to completion of financial closing procedures. Final results for the most recent fiscal quarter, as reported in Figure’s quarterly and annual filings with the U.S. Securities and Exchange Commission (“SEC”), might vary from the information in this release. Figure may at times make revisions to prior estimates to ensure consistency across comparable periods.
Forward Looking Statements Disclaimer
This press release contains forward-looking statements intended to be covered by the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release, including without limitation statements regarding our future financial performance, including our expectations regarding our operating data. These statements involve known and unknown risks, uncertainties, and other important factors that may cause actual results to differ materially from those expressed or implied by the forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential,” or “continue,” or the negative of these terms, and similar expressions. Forward-looking statements are predictions based largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition, and results of operations. These statements speak only as of the date of this press release.
Important factors that could cause actual results to differ materially include, among others: our history of losses and the risk that we may not maintain profitability; our reliance on HELOCs and exposure to fluctuations in the HELOC market and housing values; our ability to attract and retain borrowers, partners, and loan purchasers and to drive adoption of Figure-branded and Partner-branded channels including Figure Connect; loan performance and default rates and the effect of credit performance on access to and pricing of warehouse facilities, whole-loan sales, and securitizations; changes in interest rates and U.S. monetary policy that impact originations, funding costs, and investor demand; legal and regulatory risks affecting lending and mortgage-related activities and the evolving framework for digital assets, including potential changes in the characterization or regulation of certain digital assets and related products; dependence on key third-party providers including cloud, custodial, valuation, and data vendors and risks from outages or service disruptions; technology failures, cybersecurity incidents, or other operational disruptions; protection and enforcement of intellectual property; compliance with licensing, consumer protection, privacy, data security, and sanctions/AML laws, and shifting enforcement priorities at the federal and state levels; our ability to remediate previously identified material weaknesses and meet our public company reporting and internal control obligations; competition; macroeconomic and geopolitical conditions; our dual-class structure and concentrated voting control and related impacts on corporate governance; equity market volatility affecting our Class A common stock; and the other risks described in “Risk Factors” in our Annual Report on Form 10-K for the period ended December 31, 2025, filed with the SEC on March 16, 2026, our Quarterly Report on Form 10-Q for the three months ended March 31, 2026, filed with the SEC on May 15, 2026, and in our other filings with the SEC.
About Figure Technology Solutions, Inc
Figure is a blockchain-native capital marketplace that seamlessly connects origination, funding, and secondary market activity. More than 380 partners use its loan origination system and capital marketplace. Collectively, Figure and its partners have originated approximately
Figure is the market leader in real world asset (RWA) tokenization. The company has received AAA ratings from S&P and Moody’s on multiple loan securitizations, the first of its kind for blockchain finance. For more information, visit https://figure.com or follow Figure on LinkedIn.
News & Information Disclosure
Investors should note we may use our website (https://www.figure.com/), our investor relations website (https://investors.figure.com/), our operating metrics website (https://figure.com/investors/metrics) and the social media accounts of Figure, Figure Markets and/or Mike Cagney, our Co-Founder and Executive Chairman, as a means of disclosing information and for complying with our disclosure obligations under Regulation FD. These include X (@figure, @mcagney, @figuremarkets), LinkedIn (https://www.linkedin.com/company/figuretechnologies/, https://www.linkedin.com/in/mikecagney/), Instagram (@figuretechnologies), Facebook (https://www.facebook.com/Figure/), and YouTube (@figuretechnologies). The information we post through these channels may be deemed material. Investors should monitor these channels in addition to reviewing our press releases, SEC filings, and public conference calls.
Investor Contact: investors@figure.com
