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Nasdaq · Financials

Figure Technology Solutions, Inc. (FIGR)

As-reported financials and SEC filings for Figure Technology Solutions, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Figure Technology Solutions, Inc.

Figure Technology Solutions, Inc. develops blockchain-based technology to support lending, trading, and investing activities in consumer credit and digital assets. The company offers a Loan Origination System that automates and speeds up loan funding, primarily serving home equity loan markets through direct and partner-branded channels. Figure also operates digital marketplaces and platforms for trading loans and digital assets, targeting financial institutions, loan originators, investors, and individual borrowers.

Snapshot

Revenue
$506.9M
Revenue growth (YoY)
48.7%
Net income
$133.9M
Diluted EPS
$0.44
Gross margin
Operating margin
23.2%
Net margin
26.4%
FCF margin
ROE
10.8%
net income / fiscal-year-end equity
P/E
38.3×
trailing when available, otherwise FY EPS
Market cap
$7.56B
Long-term debt / equity
0.19×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Figure Technology Solutions

  • Revenue grew 48.7% to $507M in FY2025, slower than the 62.7% the year before.
  • Operating margin turned positive at 23.2% in FY2025, from a 23.6% operating loss in FY2023.
  • Most recent quarter Q2 FY2026: revenue $226M, up 112.7% from Q2 FY2025.
  • Net income rose 677.6% to $134M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Figure Technology Solutions’s fundamentals sit among the 425 Financials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin23.2%
67th percentile of 146
Net margin26.4%
73rd percentile of 377
Revenue growth (YoY)+48.7%
87th percentile of 420
ROE10.8%
57th percentile of 375
P/E38.3×
91st percentile of 318
Long-term debt / equity0.19×
33rd percentile of 194
Short interest2.61d
26th percentile of 420

Figure Technology Solutions’s P/E of 38.3 ranks in the 91st percentile of the 318 peers with a meaningful P/E. Figure Technology Solutions’s revenue growth of +48.7% ranks in the 87th percentile of the 420 Financials companies reporting it.

No reported insider purchases (code P) in the last 90 days; 14 insider sales totaling $2.5M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 4 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+4 quant / multi-strat
Initiated / added
3
0 new, 3 added
Reduced / exited
6
2 trimmed, 4 exited
Combined position
$172.0M
reported long value
InvestorAs ofPosition valueSharesChange
Citadel AdvisorsquantQ2 2026$109.6M3.6MAdded
Point72 Asset ManagementquantQ2 2026$50.9M1.7MAdded
Renaissance TechnologiesquantQ2 2026$8.2M268.4KAdded
Soros Fund ManagementQ2 2026$3.1M100.0KReduced
AQR Capital ManagementquantQ2 2026$216,3217.0KReduced

No longer held by: Duquesne Family Office (as of Q2 2026), Millennium Management (as of Q2 2026), Polen Capital Management (as of Q2 2026), Tiger Global Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
14
$2.5M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-24
filed 2026-08-26
Kgil MinchungChief Financial OfficerSell7.5K$38.64$290K
2026-08-24
filed 2026-08-26
Kgil MinchungChief Financial OfficerSell500$39.36$20K
2026-08-14
filed 2026-08-18
Stevens David ToddChief Capital OfficerSell40.8K$31.26$1.3M
2026-08-14
filed 2026-08-18
Stevens David ToddChief Capital OfficerSell6.1K$32.03$197K
2026-08-14
filed 2026-08-18
Stevens David ToddChief Capital OfficerSell737$32.94$24K
2026-08-12
filed 2026-08-14
Kgil MinchungChief Financial OfficerSell4.0K$30.03$120K
2026-07-24
filed 2026-07-28
Kgil MinchungChief Financial OfficerSell2.4K$28.48$68K
2026-07-24
filed 2026-07-28
Kgil MinchungChief Financial OfficerSell1.5K$27.52$42K
2026-07-24
filed 2026-07-28
Kgil MinchungChief Financial OfficerSell89$29.11$3K
2026-06-30
filed 2026-07-02
Kgil MinchungChief Financial OfficerSell4.0K$30.03$120K
2026-06-24
filed 2026-06-26
Kgil MinchungChief Financial OfficerSell3.2K$27.40$89K
2026-06-24
filed 2026-06-26
Kgil MinchungChief Financial OfficerSell704$28.64$20K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
11.6M
settled 2026-08-14
Change vs prior
-9.8%
vs previous settlement
Days to cover
2.61
at avg daily volume
Avg daily volume
4.4M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1411.6M-9.8%2.61
2026-07-3112.8M+11.0%4.66
2026-07-1511.6M-8.3%3.77
2026-06-3012.6M+52.7%2.24
2026-06-158.3M-10.0%2.44
2026-05-299.2M-7.8%2.92
2026-05-1510.0M-8.4%2.23
2026-04-3010.9M-6.2%2.99

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023
Revenue$506.9M$340.9M$209.5M
Gross profit
Operating income$117.5M$9.2M$-49.4M
Net income$133.9M$17.2M$-47.9M
Diluted EPS$0.44$0.00$-0.47

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023
Cash and equivalents$1.20B$289.7M$175.8M
Current assets$1.86B$854.7M
Total assets$2.32B$1.16B
Current liabilities$846.0M$625.5M
Long-term debt$230.1M$167.9M
Total liabilities$1.08B$796.2M
Total equity$1.24B$363.4M$222.4M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023
Operating cash flow$62.6M$-127.0M$-33.4M
Capital expenditure
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$225.6M112.7%$87.4M$0.35
Q1 FY2026$167.0M97.6%$44.9M$0.18
Q4 FY2025$159.9M90.7%$15.2M$0.06
Q3 FY2025$156.4M54.8%$89.6M$0.34
Q2 FY2025$106.1M$29.9M$0.08
Q1 FY2025$84.5M$-820,000
Q4 FY2024$83.9M$5.5M
Q3 FY2024$101.0M$27.3M$0.09

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorFinancials
SIC industryLoan Brokers
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2025
SEC CIK2064124

Selected SEC filings

10-Q2026-08-14
View on EDGAR →
10-Q2026-05-15
View on EDGAR →
8-K2026-09-01
View on EDGAR →
8-K2026-08-13
View on EDGAR →
8-K2026-07-14
View on EDGAR →
8-K2026-07-10
View on EDGAR →

Largest Financials peers

All Financials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.