CoverageForm 410-K10-Q8-K13D13G13F

FIGR · Figure Technology Solutions, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · FIGR

Income Statement

Line itemQ1 '26Q4 '25Q3 '25Q4 '22
Revenue$84.51M-$101.01M-
Cost of Revenue----
Gross Profit----
R&D$17.42M-$15.91M-
SG&A$45.59M-$36.37M-
Total Operating Expenses$76.44M-$74.87M-
D&A----
Operating Income$8.07M-$26.14M-
Interest Expense----
Income Tax($6.95M)-$1.25M-
Net Income($820.0K)-$27.34M-
EPS - Basic($0.01)-$0.09-
EPS - Diluted$0.18-$0.34-

Balance Sheet

Line itemQ1 '26Q4 '25Q3 '25Q4 '22
Cash & Equivalents$1.46B$1.20B$287.26M$160.97M
Accounts Receivable$65.33M$52.02M$21.00M-
Inventory----
Accounts Payable----
Current Assets$2.23B$1.86B$1.76B-
Total Assets$2.73B$2.32B$2.16B-
Current Liabilities$1.17B$846.01M$778.17M-
Long-term Debt$262.22M$230.14M$197.83M-
Total Liabilities$1.44B$1.08B$796.20M-
Stockholders' Equity$1.29B$1.23B$355.10M$260.22M
Retained Earnings($142.05M)($186.99M)($202.15M)-

Cash Flow

Line itemQ1 '26Q4 '25Q3 '25Q4 '22
Operating Cash Flow($140.27M)---
Investing Cash Flow($16.13M)---
Financing Cash Flow$196.03M---
CapEx----
Free Cash Flow----

Ratios

MetricQ1 '26Q4 '25Q3 '25Q4 '22
Profitability
Gross margin----
Operating margin9.6%-25.9%-
EBITDA margin----
Net margin-1.0%-27.1%-
Free cash flow margin----
FCF / Net income----
R&D / Revenue20.6%-15.8%-
SG&A / Revenue54.0%-36.0%-
Effective tax rate--4.4%-
Return on assets-0.0%-1.3%-
Return on equity-0.1%-7.7%-
Return on invested capital0.4%-4.5%-
Liquidity
Current ratio1.902.202.26-
Quick ratio1.902.202.26-
Cash ratio1.251.420.37-
Leverage
Debt / Equity0.200.190.56-
Debt / Assets0.100.100.09-
Debt / EBITDA----
Interest coverage----
Equity multiplier2.111.896.07-
Liabilities / Assets0.530.470.37-
Efficiency
Asset turnover0.03-0.05-
Inventory turnover----
Days sales outstanding282d-76d-
Days inventory outstanding----
Days payable outstanding----
Cash conversion cycle----
Valuation
P / E188.6x-107.0x-
P / B1.8x-7.5x-
P / S27.9x-26.5x-
EV / EBITDA----
Growth
Revenue growth (YoY)----
Revenue CAGR (3y)----
Revenue CAGR (5y)----
Gross profit growth (YoY)----
Operating income growth (YoY)----
Net income growth (YoY)----
EPS growth (YoY)----
EPS CAGR (3y)----
EPS CAGR (5y)----
FCF growth (YoY)----
FCF CAGR (5y)----
Book value growth (YoY)----

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Product / service

$349.08M total
Ecosystem And Technology Fees Including Program Fees$120.81M · 34.6%
Ecosystem And Technology Fees$107.46M · 30.8%
Ecosystem Fees$56.82M · 16.3%
Technology Offering Fees$50.65M · 14.5%
Program Fees$13.35M · 3.8%

Peer comparison

Same SIC group: Loan Brokers

CompanyRevenue (last FY)Net marginROE
BETR$164.87M-100.6%-446.1%
TREE$1.12B13.5%52.8%
FINV$1.94B18.7%15.4%
FEXD---64.5%

Comparing Figure Technology Solutions against the 4 most active filers in the same SIC group.