Figure Technology Solutions, Inc.(FIGR)— Stock Profile, AI Score & Financials
Financials · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
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 77.1/100 on a 32-signal composite quality model, placing it at rank #73 of 2,960 stocks — the top 5% of the AI-ranked universe. FIGR scores in the top quartile across revenue growth (96.3), institutional flow (95.1), profitability (91.5). Areas of concern include earnings quality (10.2) and free cash flow (15.6), which score below median versus the broader universe. Shareholder dilution risk is elevated at 14.1/100, 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. 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.
AI Quality Score
77.1/100
AI Rank
#73
Revenue
$225.6M
Net Income
$87.4M
FIGR key financials by period
Figure Technology Solutions, Inc. reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating 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%
Institutions holding FIGR
Institutional investors reporting a position in Figure Technology Solutions, Inc. on SEC Form 13F.
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.
