FIGR is the ticker symbol for Figure Technology Solutions, Inc., a publicly traded Financials sector company listed on Nasdaq. 13F Pro tracks FIGR with AI-powered analysis, an AI quality score, SEC EDGAR financials, insider transactions, and institutional 13F holdings — all sourced directly from public SEC filings.

Is FIGR a good stock to buy?

13F Pro's AI ranking engine scores FIGR at 77.6/100, ranked #65 of 2,925 stocks on a composite quality score built from its SEC filings, covering profitability, growth, balance sheet strength, and free cash flow. The full AI verdict and bull/bear case for FIGR is available at https://13fpro.ai/company/FIGR. Not investment advice — review the underlying SEC filings before making any trade.

Where does 13F Pro source FIGR data?

All Figure Technology Solutions, Inc. fundamentals and ownership data come directly from SEC EDGAR. Figure Technology Solutions, Inc. files with the SEC under CIK 2064124. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

Figure Technology Solutions, Inc. FIGR

NasdaqMid CapFinancials

13F Pro quality score

Rank #65 of 2,925TOP 5%

Why it scores 78 Financials peers →

Rankings refresh quarterly once 80% of peers have filed. Next update: ~Nov 14, 2026.

Revenue

$225.59M

Quarter to Jun 30

Net income

$87.45M

Quarter to Jun 30

Operating margin

34.5%

Quarter to Jun 30

Top Institutional Holders

as of Q2 2026

$3.63B total

Ribbit Management Company, LLC

$345.59M0.0%

JPMORGAN CHASE & CO

$305.14M+104.6%

FMR LLC

$297.48M-24.4%

BlackRock, Inc.

$154.34M+201.2%

FRED ALGER MANAGEMENT, LLC

$153.74M+30.4%

Morgan Creek Capital Management, LLC

$136.42M+14.6%

VANGUARD PORTFOLIO MANAGEMENT LLC

$131.92M+232.6%

BIT Capital GmbH

$117.69M+53.3%

VANGUARD CAPITAL MANAGEMENT LLC

$116.26M+149.7%

MORGAN STANLEY

$115.07M+37.0%

CITADEL ADVISORS LLC

$109.59M+138.3%

Orland Properties Ltd

$76.78M-36.8%

ALLIANCEBERNSTEIN L.P.

$72.28M+28.2%

North Peak Capital Management, LLC

$70.85MNew

J Digital 6 LLC

$68.39M-27.9%

Slate Path Capital LP

$61.48M0.0%

Point72 Asset Management, L.P.

$50.91M+74.6%

Toroso Investments, LLC

$50.57M+170.1%

INFINITUM ASSET MANAGEMENT, LLC

$49.14M+28.0%

Schonfeld Strategic Advisors LLC

$48.58M+25.4%

VAN ECK ASSOCIATES CORP

$48.47M+34.2%

Pantera Capital Partners LP

$47.38M0.0%

STATE STREET CORP

$46.55M+216.9%

GILDER GAGNON HOWE & CO LLC

$46.20M-22.1%

GEODE CAPITAL MANAGEMENT, LLC

$42.27M+67.0%

See all 305 institutional holders →

What's Driving FIGR's Business? Latest 10-Q Breakdown

45/45 datapoints verified

AI-extracted from the 10-Q filed 2026-08-14 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Figure Technology Solutions Q2 revenue surged 112.7% YoY to $225.6M driven by 261.7% growth in Figure Connect volume and ecosystem fees; net income more than doubled to $87.4M.

Biggest Revenue Drivers

Ecosystem and technology fees$72.9M+158.9% YoY

Growth of 261.7% in Figure Connect Volume and $1.4B increase in securitization volume.

Gain on sale of loans, net$57.6M+58.5% YoY

Increase in UPB of loans sold from $1.1B to $2.5B and fair value gains on loans held.

Biggest Revenue Drivers

Total revenue: $225.6M+112.7% YoY

Ecosystem and technology fees$72.9M+158.9% YoY

Growth of 261.7% in Figure Connect Volume and $1.4B increase in securitization volume.

Gain on sale of loans, net$57.6M+58.5% YoY

Increase in UPB of loans sold from $1.1B to $2.5B and fair value gains on loans held.

Origination fees$26.3M+62.1% YoY

38.7% increase in transaction volume and higher weighted average fees from Figure-branded mix.

Gain on servicing asset, net$29.1Mn.m.

$17.0M increase from new servicing assets retained on higher loan sales and $14.2M from favorable valuation changes.

Interest income$22.8M+90.6% YoY

$5.5M increase in interest on cash balances and $3.7M from HELOCs.

Largest Expense Items

General and administrative$51.4M+213.6% YoY

$21.8M increase in stock-based compensation from IPO liquidity event and increased headcount.

Operations and processing$28.9M+100.1% YoY

$11.0M increase in processing fees from 131.7% volume growth and $3.4M from higher headcount.

Sales and marketing$30.7M+81.2% YoY

$10.6M increase in advertising from 68.2% Figure-branded volume growth and $2.4M from 117% headcount increase.

Interest expense$19.7M+58.9% YoY

$7.3M increase from Democratized Prime growth and $3.2M from Retained Interest Facility.

Margins: Adjusted EBITDA margin improved to 54.6% in Q2 2026 from 47.2% in Q2 2025, driven by operating leverage from ecosystem and technology fee revenue scaling faster than operating expenses, despite significant stock-based compensation increases from IPO-related awards.

Watch Items from the Filing

Top five loan purchasers represented 54.4% of total UPB of loans sold for H1 2026 (down from 45.8% in H1 2025), indicating meaningful customer concentration risk.
Debt outstanding increased 72.8% to $963M through June 30, 2026, driven primarily by $278.1M increase in YLDS (liabilities to Democratized Prime lenders), exposing the company to reliance on crypto-based funding.
Figure REIT, Inc. was deconsolidated on March 27, 2026 following merger into VS Evergreen Acquisition Co. L.P., reducing noncontrolling interests from $8.4M to near zero.
On July 14, 2026 (post-quarter), Company issued $600M in 8.50% Senior Notes due 2031 to fund Kiavi acquisition ($532.4M consideration), doubling debt maturities concentration in 2031.
Ecosystem volumes are heavily dependent on Figure Connect platform; Partner-branded volume grew 151% QoQ, but concentration of origination among top five originators at 40.2% of volume creates origination risk.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →

Key Metrics

Revenue

Q2 2026

EDGAR

Net Income

Q2 2026

EDGAR

EPS (Diluted)

Q2 2026

EDGAR

Operating Margin

Q2 2026

EDGAR

ROIC

Q2 2026

EDGAR

Debt/Equity

Q2 2026

EDGAR

Financial Trends

Revenue & Net Income

13fpro.ai/company/FIGR

Earnings Per Share

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Figure Technology Solutions, Inc. reported revenue, net income and margins by fiscal period, from SEC filings.
Period	Form	Revenue	Net income	Op. marginOperating margin
FY 2025	10-K	$506.9M	$133.9M	23.2%
FY 2024	10-K	$340.9M	$17.2M	2.7%
FY 2023	10-K	$209.5M	$-47.9M	-23.6%

About Figure Technology Solutions, Inc. (FIGR): stock profile, AI score and financials

Figure Technology Solutions, Inc. (FIGR) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores FIGR at 77.6/100 on a composite quality score built from its SEC filings, placing it at rank #65 of 2,925 stocks — the top 5% of the AI-ranked universe. FIGR scores in the top quartile across institutional flow (95.1), profitability (94.1), revenue growth (92.7). Areas of concern include earnings quality (9.1) and free cash flow (16.4), which score below median versus the broader universe. Shareholder dilution risk is elevated at 13.7/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Figure Technology Solutions, Inc. reports quarterly revenue of $225.6M, net income of $87.4M, an operating margin of 34.5%. Top institutional holders of FIGR by reported 13-F value include Ribbit Management Company, JPMORGAN CHASE, FMR, based on the most recent SEC filings. FIGR trades on the Nasdaq exchange and files with the SEC under CIK 2064124. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FIGR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Figure Technology Solutions, Inc. directly from SEC EDGAR.

Financials through the period ended Jun 30, 2026SEC EDGAR: CIK 2064124 →

Figure Technology Solutions, Inc. FIGR

Top Institutional Holders

What's Driving FIGR's Business? Latest 10-Q Breakdown

Biggest Revenue Drivers

Biggest Revenue Drivers

Largest Expense Items

Watch Items from the Filing

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

FIGR key financials by period

FIGR insiders

About Figure Technology Solutions, Inc. (FIGR): stock profile, AI score and financials

Figure Technology Solutions, Inc. FIGR

Top Institutional Holders

What's Driving FIGR's Business? Latest 10-Q Breakdown

Biggest Revenue Drivers

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

FIGR key financials by period

Companies similar to FIGR

FIGR insiders

About Figure Technology Solutions, Inc. (FIGR): stock profile, AI score and financials