Figure Technology Solutions (FIGR) Financials

$35.22 +1.27 (+3.74%)

Closing price 05/26/2026 04:00 PM Eastern

Extended Trading

$35.79 +0.57 (+1.62%)

As of 05:04 AM Eastern

Annual Income Statements for Figure Technology Solutions

This table shows Figure Technology Solutions' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2023	2024	2025
Period end date	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-48	17	134
Consolidated Net Income / (Loss)	-52	20	134
Net Income / (Loss) Continuing Operations	-52	20	134
Total Pre-Tax Income	-52	22	114
Total Operating Income	-49	9.24	118
Total Gross Profit	171	296	442
Total Revenue	210	341	507
Operating Revenue	210	341	507
Total Cost of Revenue	39	44	65
Operating Cost of Revenue	39	44	65
Total Operating Expenses	220	287	324
Selling, General & Admin Expense	59	104	132
Marketing Expense	53	56	76
Research & Development Expense	49	63	65
Other Operating Expenses / (Income)	59	65	51
Total Other Income / (Expense), net	-2.90	13	-3.85
Other Income / (Expense), net	-2.90	13	-3.85
Income Tax Expense	0.10	2.18	-21
Net Income / (Loss) Attributable to Noncontrolling Interest	-4.51	2.70	0.42
Basic Earnings per Share	($0.93)	$0.00	$0.54
Weighted Average Basic Shares Outstanding	51.31M	65.02M	114.44M
Diluted Earnings per Share	($0.93)	$0.00	$0.44
Weighted Average Diluted Shares Outstanding	51.31M	72.64M	141.80M
Weighted Average Basic & Diluted Shares Outstanding	-	-	216.35M

This table shows Figure Technology Solutions' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q1 2025	Q3 2025	Q1 2026
Period end date	9/30/2024	3/31/2025	9/30/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	27	-0.82	90	45
Consolidated Net Income / (Loss)	27	-0.61	90	45
Net Income / (Loss) Continuing Operations	27	-0.61	90	45
Total Pre-Tax Income	29	0.62	58	38
Total Operating Income	26	8.07	53	42
Total Gross Profit	90	72	138	146
Total Revenue	101	85	156	167
Operating Revenue	101	85	156	167
Total Cost of Revenue	11	13	18	21
Operating Cost of Revenue	11	13	18	21
Total Operating Expenses	64	64	85	104
Selling, General & Admin Expense	16	19	36	46
Marketing Expense	15	15	22	25
Research & Development Expense	16	17	16	16
Other Operating Expenses / (Income)	17	13	11	17
Total Other Income / (Expense), net	2.54	-7.46	5.64	-3.84
Other Income / (Expense), net	2.54	-7.46	5.64	-3.84
Income Tax Expense	1.25	1.23	-31	-6.95
Net Income / (Loss) Attributable to Noncontrolling Interest	0.09	0.21	0.25	0.10
Basic Earnings per Share	$0.09	($0.01)	$0.42	$0.21
Weighted Average Basic Shares Outstanding	68.57M	69.40M	103.57M	217.28M
Diluted Earnings per Share	$0.09	($0.01)	$0.34	$0.18
Weighted Average Diluted Shares Outstanding	73.59M	69.40M	129.92M	248.83M
Weighted Average Basic & Diluted Shares Outstanding	-	-	213.99M	221.10M

This table details how cash moves in and out of Figure Technology Solutions' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2023	2024	2025
Period end date	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	15	172	919
Net Cash From Operating Activities	-33	-127	63
Net Cash From Continuing Operating Activities	-33	-127	63
Net Income / (Loss) Continuing Operations	-52	20	134
Consolidated Net Income / (Loss)	-52	20	134
Amortization Expense	20	18	17
Non-Cash Adjustments To Reconcile Net Income	3.12	-164	37
Changes in Operating Assets and Liabilities, net	-3.75	-0.93	-126
Net Cash From Investing Activities	-18	-37	-61
Net Cash From Continuing Investing Activities	-18	-37	-61
Purchase of Property, Plant & Equipment	-17	-17	-21
Acquisitions	0.00	-3.31	-2.48
Purchase of Investments	0.00	-25	-108
Sale and/or Maturity of Investments	4.48	16	64
Other Investing Activities, net	-4.85	-8.50	6.41
Net Cash From Financing Activities	66	336	918
Net Cash From Continuing Financing Activities	66	336	918
Repayment of Debt	-2,780	-4,441	-5,955
Repurchase of Common Equity	0.00	-1.00	-8.76
Payment of Dividends	0.00	-2.77	0.00
Issuance of Debt	2,791	4,624	6,039
Issuance of Preferred Equity	0.00	72	0.00
Issuance of Common Equity	0.00	0.00	663
Other Financing Activities, net	54	85	180
Cash Interest Paid	45	55	50
Cash Income Taxes Paid	0.03	0.05	10

This table details how cash moves in and out of Figure Technology Solutions' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q1 2025	Q4 2025	Q1 2026
Period end date	12/31/2024	3/31/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	46	40	103	270
Net Cash From Operating Activities	87	-140	13	-38
Net Cash From Continuing Operating Activities	87	-140	13	-38
Net Income / (Loss) Continuing Operations	5.89	-0.61	15	45
Consolidated Net Income / (Loss)	5.89	-0.61	15	45
Amortization Expense	4.18	4.22	4.16	5.09
Non-Cash Adjustments To Reconcile Net Income	80	-140	83	-82
Changes in Operating Assets and Liabilities, net	-3.05	-3.75	-89	-6.09
Net Cash From Investing Activities	-6.48	-16	-40	-54
Net Cash From Continuing Investing Activities	-6.48	-16	-40	-54
Purchase of Property, Plant & Equipment	-4.13	-4.42	-4.57	-6.44
Purchase of Investments	-25	-15	-103	-52
Divestitures	-	-	-	-12
Sale and/or Maturity of Investments	16	2.48	63	20
Other Investing Activities, net	6.66	0.98	3.71	-3.46
Net Cash From Financing Activities	-35	196	130	361
Net Cash From Continuing Financing Activities	-35	196	130	361
Repayment of Debt	-1,222	-892	-1,779	-1,864
Repurchase of Common Equity	-	0.00	-	-9.70
Payment of Dividends	-	-0.08	-	0.00
Issuance of Debt	1,165	1,037	1,869	2,164
Other Financing Activities, net	24	50	48	71
Cash Interest Paid	14	11	14	14
Cash Income Taxes Paid	-	0.00	2.39	0.17

This table presents Figure Technology Solutions' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2025
Period end date	12/31/2024	12/31/2025
Total Assets	1,160	2,318
Total Current Assets	855	1,861
Cash & Equivalents	290	1,198
Restricted Cash	58	69
Accounts Receivable	21	52
Other Current Assets	90	138
Other Current Nonoperating Assets	396	404
Plant, Property, & Equipment, net	0.00	0.00
Total Noncurrent Assets	305	456
Long-Term Investments	163	273
Noncurrent Deferred & Refundable Income Taxes	0.00	26
Other Noncurrent Operating Assets	132	157
Total Liabilities & Shareholders' Equity	1,160	2,318
Total Liabilities	796	1,080
Total Current Liabilities	626	846
Short-Term Debt	305	327
Accounts Payable	37	30
Other Current Liabilities	283	489
Total Noncurrent Liabilities	171	234
Long-Term Debt	168	230
Other Noncurrent Operating Liabilities	2.79	4.17
Total Equity & Noncontrolling Interests	363	1,237
Total Preferred & Common Equity	355	1,229
Preferred Stock	0.00	0.00
Total Common Equity	355	1,229
Common Stock	676	1,416
Retained Earnings	-321	-187
Treasury Stock	-	0.00
Noncontrolling Interest	8.28	8.36

This table presents Figure Technology Solutions' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q1 2026
Period end date	9/30/2025	3/31/2026
Total Assets	2,157	2,731
Total Current Assets	1,760	2,226
Cash & Equivalents	1,097	1,465
Restricted Cash	65	72
Accounts Receivable	46	65
Other Current Assets	163	120
Other Current Nonoperating Assets	389	504
Plant, Property, & Equipment, net	0.00	0.00
Total Noncurrent Assets	397	505
Long-Term Investments	240	298
Noncurrent Deferred & Refundable Income Taxes	-	26
Other Noncurrent Operating Assets	147	180
Total Liabilities & Shareholders' Equity	2,157	2,731
Total Liabilities	980	1,439
Total Current Liabilities	778	1,173
Short-Term Debt	269	605
Accounts Payable	55	30
Other Current Liabilities	454	538
Total Noncurrent Liabilities	202	266
Long-Term Debt	198	262
Other Noncurrent Operating Liabilities	4.23	3.89
Total Equity & Noncontrolling Interests	1,177	1,292
Total Preferred & Common Equity	1,168	1,292
Preferred Stock	0.00	0.00
Total Common Equity	1,168	1,292
Common Stock	1,370	1,452
Retained Earnings	-202	-142
Treasury Stock	-	-18
Noncontrolling Interest	8.74	-0.00

This table displays calculated financial ratios and metrics derived from Figure Technology Solutions' official financial filings.

Metric	2023	2024	2025
Period end date	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	0.00	0.00	213,993,559.00
DEI Adjusted Shares Outstanding	0.00	0.00	213,993,559.00
DEI Earnings Per Adjusted Shares Outstanding	0.00	0.00	0.63
Growth Metrics	-	-	-
Profitability Metrics	-	-	-
Net Operating Profit after Tax (NOPAT)	-35	8.32	139
Return On Investment Capital (ROIC_SIMPLE)	-	1.00%	7.74%
Earnings before Interest and Taxes (EBIT)	-52	22	114
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-33	40	131
Valuation Ratios	-	-	-
Leverage & Solvency	-	-	-
Liquidity Ratios	-	-	-
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	79	218
Efficiency Ratios	-	-	-
Capital & Investment Metrics	-	-	-
Invested Capital	0.00	-70	-150
Increase / (Decrease) in Invested Capital	0.00	-70	-80
Book Value per Share	$0.00	$5.46	$5.74
Tangible Book Value per Share	$0.00	$5.46	$5.74
Total Capital	0.00	837	1,794
Total Debt	0.00	473	557
Total Long-Term Debt	0.00	168	230
Net Debt	0.00	-38	-983
Capital Expenditures (CapEx)	17	17	21
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	187	76
Debt-free Net Working Capital (DFNWC)	0.00	534	1,342
Net Working Capital (NWC)	0.00	229	1,015
Net Nonoperating Expense (NNE)	18	-12	4.55
Net Nonoperating Obligations (NNO)	0.00	-434	-1,387
Total Depreciation and Amortization (D&A)	20	18	17
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.54
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	114.44M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.44
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	141.80M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	216.35M
Normalized Net Operating Profit after Tax (NOPAT)	-35	8.32	82
Debt Service Ratios	-	-	-
Payout Ratios	-	-	-

This table displays calculated financial ratios and metrics derived from Figure Technology Solutions' official financial filings.

Metric	Q3 2024	Q1 2025	Q3 2025	Q1 2026
Period end date	9/30/2024	3/31/2025	9/30/2025	3/31/2026
DEI Shares Outstanding	0.00	0.00	0.00	216,350,326.00
DEI Adjusted Shares Outstanding	0.00	0.00	0.00	216,350,326.00
DEI Earnings Per Adjusted Shares Outstanding	0.00	0.00	0.00	0.21
Growth Metrics	-	-	-	-
Revenue Growth	0.00%	0.00%	54.81%	97.62%
EBITDA Growth	0.00%	0.00%	103.48%	793.42%
EBIT Growth	0.00%	0.00%	103.48%	6,075.36%
NOPAT Growth	0.00%	0.00%	224.62%	718.30%
Net Income Growth	0.00%	0.00%	227.49%	7,448.61%
EPS Growth	0.00%	0.00%	277.78%	1,900.00%
Operating Cash Flow Growth	0.00%	0.00%	0.00%	73.04%
Free Cash Flow Firm Growth	0.00%	0.00%	0.00%	0.00%
Invested Capital Growth	0.00%	0.00%	0.00%	0.00%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	-260.58%	0.00%	-384.97%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-
Gross Margin	88.78%	85.00%	88.35%	87.16%
EBITDA Margin	28.39%	5.72%	37.32%	25.86%
Operating Margin	25.88%	9.55%	33.71%	25.11%
EBIT Margin	28.39%	0.73%	37.32%	22.81%
Profit (Net Income) Margin	27.15%	-0.73%	57.44%	26.97%
Tax Burden Percent	95.63%	-99.35%	153.91%	118.23%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	4.37%	199.35%	-53.91%	-18.23%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	0.00%	0.00%	0.00%	13.93%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	0.00%	0.00%	0.00%	4.92%
Return on Assets (ROA)	0.00%	0.00%	0.00%	5.82%
Return on Common Equity (ROCE)	0.00%	0.00%	0.00%	13.93%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	25	-8.02	81	50
NOPAT Margin	24.75%	-9.49%	51.89%	29.69%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	1.31%	-0.62%
Return On Investment Capital (ROIC_SIMPLE)	-	-	4.94%	2.30%
Cost of Revenue to Revenue	11.22%	15.00%	11.65%	12.84%
SG&A Expenses to Revenue	15.73%	22.29%	23.26%	27.30%
R&D to Revenue	15.92%	20.61%	10.18%	9.34%
Operating Expenses to Revenue	62.90%	75.45%	54.64%	62.04%
Earnings before Interest and Taxes (EBIT)	29	0.62	58	38
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	29	4.83	58	43
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	4.05	6.54
Price to Tangible Book Value (P/TBV)	0.00	0.00	4.05	6.54
Price to Revenue (P/Rev)	0.00	0.00	0.00	14.33
Price to Earnings (P/E)	0.00	0.00	0.00	47.03
Dividend Yield	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	2.13%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	12.69
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	44.18
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	49.48
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	41.50
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	45.33
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-
Debt to Equity	0.00	0.00	0.40	0.67
Long-Term Debt to Equity	0.00	0.00	0.17	0.20
Financial Leverage	0.00	0.00	-1.13	-1.14
Leverage Ratio	0.00	0.00	1.83	2.11
Compound Leverage Factor	0.00	0.00	1.83	2.11
Debt to Total Capital	0.00%	0.00%	28.40%	40.16%
Short-Term Debt to Total Capital	0.00%	0.00%	16.36%	28.02%
Long-Term Debt to Total Capital	0.00%	0.00%	12.04%	12.14%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.53%	0.00%
Common Equity to Total Capital	0.00%	0.00%	71.07%	59.84%
Debt to EBITDA	0.00	0.00	0.00	5.12
Net Debt to EBITDA	0.00	0.00	0.00	-5.72
Long-Term Debt to EBITDA	0.00	0.00	0.00	1.55
Debt to NOPAT	0.00	0.00	0.00	4.81
Net Debt to NOPAT	0.00	0.00	0.00	-5.37
Long-Term Debt to NOPAT	0.00	0.00	0.00	1.46
Altman Z-Score	0.00	0.00	0.00	4.17
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-
Current Ratio	0.00	0.00	2.26	1.90
Quick Ratio	0.00	0.00	1.47	1.30
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	0.00	228	229
Operating Cash Flow to CapEx	0.00%	-3,175.03%	0.00%	-587.60%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-
Asset Turnover	0.00	0.00	0.00	0.22
Accounts Receivable Turnover	0.00	0.00	0.00	9.02
Inventory Turnover	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00
Accounts Payable Turnover	0.00	0.00	0.00	2.48
Days Sales Outstanding (DSO)	0.00	0.00	0.00	40.46
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	146.99
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	-106.53
Capital & Investment Metrics	-	-	-	-
Invested Capital	0.00	0.00	-147	-180
Invested Capital Turnover	0.00	0.00	0.00	-6.56
Increase / (Decrease) in Invested Capital	0.00	0.00	-147	-180
Enterprise Value (EV)	0.00	0.00	3,799	7,480
Market Capitalization	788	788	4,725	8,448
Book Value per Share	$0.00	$0.00	$11.28	$5.97
Tangible Book Value per Share	$0.00	$0.00	$11.28	$5.97
Total Capital	0.00	0.00	1,643	2,159
Total Debt	0.00	0.00	467	867
Total Long-Term Debt	0.00	0.00	198	262
Net Debt	0.00	0.00	-935	-968
Capital Expenditures (CapEx)	0.00	4.42	0.00	6.44
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	0.00	89	122
Debt-free Net Working Capital (DFNWC)	0.00	0.00	1,250	1,658
Net Working Capital (NWC)	0.00	0.00	982	1,053
Net Nonoperating Expense (NNE)	-2.43	-7.41	-8.68	4.54
Net Nonoperating Obligations (NNO)	0.00	0.00	-1,324	-1,472
Total Depreciation and Amortization (D&A)	0.00	4.22	0.00	5.09
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	20.67%
Debt-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	281.39%
Net Working Capital to Revenue	0.00%	0.00%	0.00%	178.73%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.42	$0.21
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	103.57M	217.28M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.34	$0.18
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	129.92M	248.83M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	213.99M	221.10M
Normalized Net Operating Profit after Tax (NOPAT)	25	5.65	37	29
Normalized NOPAT Margin	24.75%	6.69%	23.60%	17.58%
Pre Tax Income Margin	28.39%	0.73%	37.32%	22.81%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	-0.05%
Augmented Payout Ratio	0.00%	0.00%	0.00%	10.21%

Financials Breakdown Chart

Key Financial Trends

Here are the key takeaways for Figure Technology Solutions, Inc. (FIGR) based on the latest quarterly statements available (Q4 2025 cash flow, Q3 2025 income statement and balance sheet, plus Q4 2024 and Q3 2024 data). The bullets focus on the most relevant drivers for investors over the past year and into the near term.

Solid revenue growth: Q3 2025 revenue was $156.365M, up from Q3 2024's $101.007M (roughly +55%).
Material net income expansion: Net income attributable to common shareholders rose to $89.576M in Q3 2025 from $27.339M in Q3 2024.
Earnings per share improvement: Basic EPS is $0.42 (Q3 2025) versus $0.09 (Q3 2024), aided by a larger float and profitability gains.
Strong liquidity position: Cash and cash equivalents stood at about $1.10B on the Q3 2025 balance sheet, providing substantial liquidity relative to near-term obligations.
Gross profitability remains robust: Gross margin is in the high-80s% range (Q3 2025 gross profit about $138.1M on $156.4M revenue), indicating durable product/service margin.
CFO and credit dynamics are variable: Cash flow from operating activities in Q4 2025 was modest at about $13.3M, reflecting notable working capital movements.
Debt market access evident: In Q4 2025, issuance of debt was about $1.869B with repayments of about $1.779B, yielding a net positive financing impact of $129.8M.
Accumulated deficit signal: Retained earnings were negative, around -$202.2M on the Q3 2025 balance sheet, signaling ongoing cumulative losses despite near-term profitability.
Investing Cash Outflows: Net cash from investing activities in Q4 2025 was about -$40.4M, including significant investments purchased (roughly -$102.7M in securities) and related disposals.
Liability load remains sizable: Total liabilities were about $980.2M, with current liabilities around $778.2M, implying ongoing leverage that investors should monitor despite a healthy cash cushion.

Bottom line: FIGR shows strong top-line growth and improving earnings power in the latest quarter, supported by solid liquidity and access to capital. However, the company carries an accumulated deficit and a meaningful liabilities base, while cash flow from operations can be volatile due to working capital changes. Investors may want to watch for sustained improvement in operating cash flow and any sustained reductions in the negative retained earnings trend.

05/27/26 05:08 AM ETAI Generated. May Contain Errors.

Figure Technology Solutions Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Figure Technology Solutions' fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Figure Technology Solutions' net income appears to be on an upward trend, with a most recent value of $134.28 million in 2025, falling from -$52.44 million in 2023. The previous period was $19.92 million in 2024. Check out Figure Technology Solutions' forecast to explore projected trends and price targets.

Figure Technology Solutions' total operating income in 2025 was $117.53 million, based on the following breakdown:

Total Gross Profit: $441.81 million
Total Operating Expenses: $324.28 million

Over the last 2 years, Figure Technology Solutions' total revenue changed from $209.55 million in 2023 to $506.87 million in 2025, a change of 141.9%.

Figure Technology Solutions' total liabilities were at $1.08 billion at the end of 2025, a 35.7% increase from 2024, and a 35.7% increase since 2024.

In the past 1 years, Figure Technology Solutions' cash and equivalents has ranged from $289.67 million in 2024 to $1.20 billion in 2025, and is currently $1.20 billion as of their latest financial filing in 2025.

Over the last 2 years, Figure Technology Solutions' book value per share changed from 0.00 in 2023 to 5.74 in 2025, a change of 574.2%.

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Financial statements for NASDAQ:FIGR last updated on 5/19/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Figure Technology Solutions (FIGR) Financials

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