Figure Technology Solutions, Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Figure Technology Solutions, Inc. reported revenue of $506.9M and net income of $134.3M.
| Line item | Dec 31, 2025 · FY |
|---|---|
| Ecosystem and technology fees | $120.8M |
| Servicing fees | $31.5M |
| Interest income | $74.8M |
| Origination fees | $72.5M |
| Gain on sale of loans, net | $180.0M |
| Gain on servicing asset, net | $24.6M |
| Other revenue | $2.6M |
| Total net revenue | $506.9M |
| General and administrative | $132.0M |
| Technology and product development | $64.9M |
| Operations and processing | $65.1M |
| Sales and marketing | $76.1M |
| Interest expense | $48.9M |
| Other expense | $2.4M |
| Total expenses | $389.3M |
| Operating income (loss) | $117.5M |
| Other (expense) income, net | ($3.9M) |
| Income (loss) before income taxes | $113.7M |
| Income tax (benefit) provision | ($20.6M) |
| Net income (loss) | $134.3M |
| Net income (loss) attributable to noncontrolling interests in consolidated subsidiaries | $423.0K |
| Net income (loss) attributable to Figure Technology Solutions, Inc. | $133.9M |
| Basic (USD per share) | $0.54 |
| Diluted (USD per share) | $0.44 |
| Basic (in shares) | 114.4M |
| Diluted (in shares) | 141.8M |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 |
|---|---|---|---|
| Ecosystem and technology fees | $72.9M | $47.3M | $35.7M |
| Servicing fees | $11.3M | $9.8M | $7.9M |
| Interest income | $22.8M | $19.4M | $17.9M |
| Origination fees | $26.3M | $23.1M | $21.4M |
| Gain on sale of loans, net | $57.6M | $49.4M | $63.6M |
| Gain on servicing asset, net | $29.1M | $12.9M | $9.3M |
| Marketable securities income, net | $4.0M | $3.7M | — |
| Other revenue | $1.6M | $1.5M | $620.0K |
| Total net revenue | $225.6M | $167.0M | $156.4M |
| General and administrative | $51.4M | $45.6M | $36.4M |
| Technology and product development | $15.6M | $15.6M | $15.9M |
| Operations and processing | $28.9M | $21.4M | $18.2M |
| Sales and marketing | $30.7M | $25.5M | $22.1M |
| Interest expense | $19.7M | $16.9M | $12.4M |
| Other expense | $1.6M | $47.0K | ($1.4M) |
| Total expenses | $147.9M | $125.1M | $103.6M |
| Operating income | $77.7M | $41.9M | $52.7M |
| Other income (expense), net | $5.3M | ($3.8M) | $5.6M |
| Income before income taxes | $83.0M | $38.1M | $58.4M |
| Income tax (benefit) provision | ($4.4M) | ($6.9M) | ($31.5M) |
| Net income | $87.4M | $45.0M | $89.8M |
| Net (loss) income attributable to noncontrolling interests in consolidated subsidiaries | ($10.0K) | $102.0K | $246.0K |
| Net income attributable to Figure Technology Solutions, Inc. | $87.4M | $44.9M | $89.6M |
| Basic (USD per share) | $0.39 | $0.21 | $0.42 |
| Diluted (USD per share) | $0.35 | $0.18 | $0.34 |
| Basic (in shares) | 221.5M | 217.3M | 103.6M |
| Diluted (in shares) | 247.0M | 248.8M | 129.9M |
| Line item | Dec 31, 2025 · FY |
|---|---|
| Cash and cash equivalents | $1.2B |
| Restricted cash | $68.6M |
| Loans held for sale, at fair value | $404.3M |
| Digital assets ($84,867 and $73,942 at fair value) | $96.6M |
| Accounts receivable, net | $52.0M |
| Other current assets | $41.5M |
| Total current assets | $1.9B |
| Loan servicing asset, at fair value | $113.1M |
| Marketable securities, at fair value | $273.2M |
| Digital assets, non-current | $3.6M |
| Loan to related parties | $0 |
| Deferred income taxes, net | $26.0M |
| Other non-current assets | $40.4M |
| Total assets | $2.3B |
| Accounts payable and accrued liabilities | $29.5M |
| Payables to third-party loan owners | $383.8M |
| Debt, current ($100,519 and $— at fair value) | $327.1M |
| Other current liabilities | $105.6M |
| Total current liabilities | $846.0M |
| Debt, non-current | $230.1M |
| Lease liability, non-current | $4.2M |
| Total liabilities | $1.1B |
| Preferred stock | $0 |
| Common stock | $23.0K |
| Additional paid-in capital | $1.4B |
| Accumulated deficit | ($187.0M) |
| Total Figure Technology Solutions, Inc. stockholders' equity | $1.2B |
| Noncontrolling interests in consolidated subsidiaries | $8.4M |
| Total stockholders' equity | $1.2B |
| Total liabilities and stockholders' equity | $2.3B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 |
|---|---|---|---|
| Cash and cash equivalents | $1.4B | $1.5B | $1.1B |
| Restricted cash | $95.9M | $71.9M | $64.6M |
| Loans held for sale, at fair value | $597.4M | $503.9M | $389.0M |
| Digital assets ($50,353 and $84,867 at fair value) | $62.2M | $74.3M | $102.9M |
| Accounts receivable, net | $88.5M | $65.3M | $46.2M |
| Other current assets | $110.5M | $46.0M | $59.8M |
| Total current assets | $2.4B | $2.2B | $1.8B |
| Loan servicing asset, at fair value | $155.0M | $125.9M | $100.0M |
| Marketable securities, at fair value | $354.0M | $298.4M | $239.7M |
| Digital assets, non-current | $1.3M | $2.0M | $7.3M |
| Deferred income taxes, net | $56.8M | $26.0M | — |
| Other non-current assets | $58.5M | $52.4M | $40.2M |
| Total assets | $3.0B | $2.7B | $2.2B |
| Accounts payable and accrued liabilities | $58.2M | $29.7M | $55.3M |
| Payables to third-party loan owners | $506.7M | $451.4M | $336.5M |
| Debt, current ($120,105 and $100,519 at fair value) | $647.1M | $605.0M | $268.9M |
| Other current liabilities | $73.1M | $86.6M | $117.4M |
| Total current liabilities | $1.3B | $1.2B | $778.2M |
| Debt, non-current | $315.9M | $262.2M | $197.8M |
| Lease liability, non-current | $3.6M | $3.9M | $4.2M |
| Total liabilities | $1.6B | $1.4B | $980.2M |
| Preferred stock — $0.0001 par value per share: 100,000,000 shares authorized, no shares issued and outstanding at June 30, 2026 and December 31, 2025 | $0.00 | $0.00 | $0.00 |
| Common stock | $23.0K | $23.0K | $21.0K |
| Treasury stock, at cost | ($27.8M) | ($18.2M) | — |
| Additional paid-in capital | $1.5B | $1.5B | $1.4B |
| Accumulated deficit | ($54.3M) | ($142.0M) | ($202.2M) |
| Total Figure Technology Solutions, Inc. stockholders' equity | $1.4B | $1.3B | $1.2B |
| Noncontrolling interests in consolidated subsidiaries | ($27.0K) | ($1.0K) | $8.7M |
| Total stockholders' equity | $1.4B | $1.3B | $1.2B |
| Total liabilities and stockholders' equity | $3.0B | $2.7B | $2.2B |
| Line item | Dec 31, 2025 · FY |
|---|---|
| Net income (loss) | $134.3M |
| Gain on servicing asset, net | ($24.6M) |
| Gain on sale of loans, net | ($173.7M) |
| Loss (gain) on sale of digital assets | $3.2M |
| Income (loss) from fund and equity method investments | $1.2M |
| Amortization of deferred financing costs | $1.0M |
| Amortization of internally developed software | $16.3M |
| Impairment of internally developed software costs | $0 |
| Impairment of digital assets | $0 |
| Other asset impairment charge | $0 |
| Services exchanged for issuance of warrants | $9.5M |
| Noncash dissolution of subsidiary | $0 |
| Stock-based compensation expense | $62.4M |
| Losses on repurchased loans | $2.4M |
| Deferred income taxes, net | ($26.0M) |
| Proceeds from loan sales, net of repurchases | $6.6B |
| Originations of loans held for sale | ($3.6B) |
| Purchases of loans held for sale | ($3.3B) |
| Principal payments on loans held for sale | $429.2M |
| Accounts receivable, net | ($33.0M) |
| Other assets | ($28.1M) |
| Accounts payable and other liabilities | ($38.9M) |
| Net cash provided by (used in) operating activities | $62.6M |
| Capitalization of internally developed software costs | ($20.6M) |
| Investment contributions | ($2.5M) |
| Purchases of digital assets | ($5.7M) |
| Proceeds from sales of digital assets | $11.3M |
| Note receivable issued to related parties | $0 |
| Payment on note receivable from related parties | $0 |
| Realized losses on futures | ($6.3M) |
| Purchases of marketable securities | ($102.2M) |
| Proceeds from sale of marketable securities | $0 |
| Principal payments on marketable securities | $63.9M |
| Other investing activities | $797.0K |
| Net cash used in investing activities | ($61.3M) |
| Proceeds from debt | $6.0B |
| Principal payments on debt | ($6.0B) |
| Payments of deferred financing costs | ($1.3M) |
| Proceeds from issuance of common stock in connection with initial public offering, net of underwriting discounts and commissions | $663.4M |
| Proceeds from servicing activity on behalf of third-party loan owners | $167.2M |
| Fees paid in connection with the initial public offering | ($8.8M) |
| Net Proceeds from issuance of preferred stock | $0 |
| Distributions to shareholders | $0 |
| Common stock repurchase and retirement | $0 |
| Proceeds from exercises of stock options | $12.8M |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD |
|---|---|---|---|
| Net income (loss) | $132.5M | $45.0M | $119.2M |
| Gain on servicing asset, net | ($42.0M) | ($12.9M) | ($11.5M) |
| Gain on sale of loans, net | ($106.9M) | ($53.3M) | ($126.1M) |
| Gain on sale of equity method investments | ($5.9M) | — | — |
| Loss on digital assets, net | $4.5M | — | — |
| Change in fair value of marketable securities | $4.8M | $2.5M | — |
| Loss from fund and equity method investments | $533.0K | $417.0K | $475.0K |
| Interest expense paid in YLDS | $20.0M | $8.2M | — |
| Amortization of deferred financing costs | $801.0K | $374.0K | $732.0K |
| Amortization of internally developed software | $9.0M | $4.7M | $12.4M |
| Services exchanged for issuance of warrants | $0 | $0 | $7.9M |
| Stock-based compensation expense, net of capitalization | $52.0M | $25.9M | $22.7M |
| Losses on repurchased loans | $1.6M | $47.0K | $2.3M |
| Deferred income taxes, net | ($30.8M) | — | — |
| Other non-cash adjustments | $931.0K | — | — |
| Proceeds from loan sales, net of repurchases | $4.6B | $2.0B | $4.6B |
| Originations of loans held for sale | ($2.7B) | ($1.2B) | ($2.6B) |
| Purchases of loans held for sale | ($2.4B) | ($1.0B) | ($2.2B) |
| Principal payments on loans held for sale | $389.0M | $187.0M | $324.6M |
| Accounts receivable, net | ($37.9M) | ($8.4M) | ($25.2M) |
| Other assets | ($25.9M) | ($2.3M) | ($54.5M) |
| Accounts payable and other liabilities | $42.0M | $4.6M | $42.4M |
| Net cash (used in) provided by operating activities | ($73.0M) | ($37.8M) | $49.3M |
| Capitalization of internally developed software costs | ($12.7M) | ($6.4M) | ($16.1M) |
| Investment contributions | ($4.0M) | — | ($2.5M) |
| Purchases of digital assets | ($2.7M) | ($1.7M) | ($9.9M) |
| Proceeds from sale of equity method investments | $6.0M | — | — |
| Proceeds from sales of digital assets | $2.7M | $803.0K | $12.6M |
| Realized gains (losses) on futures | $7.3M | $1.6M | — |
| Purchases of marketable securities | ($128.0M) | ($51.6M) | ($141.9M) |
| Principal payments on marketable securities | $36.6M | $18.1M | $62.5M |
| Deconsolidation of subsidiary | ($11.7M) | ($11.7M) | — |
| Partner prefunding | ($13.0M) | ($13.0M) | — |
| Partner prefunding repayment | $44.0M | $10.5M | — |
| Other investing activities | $316.0K | — | — |
| Net cash used in investing activities | ($75.3M) | ($53.6M) | ($20.8M) |
| Proceeds from debt | $4.9B | $2.2B | $4.2B |
| Principal payments on debt | ($4.6B) | ($1.9B) | ($4.2B) |
| Payments of deferred financing costs | ($2.3M) | ($217.0K) | ($1.5M) |
| Proceeds from servicing activity on behalf of third-party loan owners | $121.5M | $68.5M | $123.1M |
| Net changes in customer deposit liabilities | ($11.8M) | $2.3M | — |
| Common stock repurchase | ($9.7M) | ($9.7M) | — |
| Proceeds from exercises of stock options and warrants | $23.8M | $8.8M | $8.7M |
| Taxes paid related to net share settlement of equity awards | ($18.1M) | ($8.5M) | — |
| Other financing activities | $201.0K | ($54.0K) | $102.0K |
Figure Technology Solutions, Inc. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.