FIGR FY 2025 Earnings Report — Figure Technology Solutions, Inc. Class A Common Stock Revenue & Financial Results | Market Cap Arena

Figure Technology Solutions, Inc. Class A Common StockFIGR

FY 2025 Earnings

Reported March 13, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$507M	—	—	—	—
Op. Income	$170M	—	—	—	—
Gross Margin	87.2%	—	—	—	—
Net Margin	26.4%	—	—	—	—
EPS (Diluted)	$0.44	—	—	—	—
Free Cash Flow	$63M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$507M
Cost of Revenue	$65M
GROSS PROFIT	$442M
R&D Expenses	$65M
Selling & Marketing	$76M
General & Administrative	$132M
SG&A Expenses	$208M
Other Expenses	-$2M
Operating Expenses	$271M
Cost & Expenses	$336M
OPERATING INCOME	$170M
Interest Income	$75M
Interest Expense	$49M
Other Income/Expenses	-$57M
INCOME BEFORE TAX	$114M
Income Tax Expense	-$21M
Net Income from Continuing Ops	$134M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$134M
Net Income Deductions	-$72M
BOTTOM LINE NET INCOME	$134M
D&A	$16M
EBIT	$163M
EBITDA	$179M
EPS	$1
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$507M
Cost of Revenue	$65M
GROSS PROFIT	$442M
R&D Expenses	$65M
Selling & Marketing	$76M
General & Administrative	$132M
SG&A Expenses	$208M
Other Expenses	-$2M
Operating Expenses	$271M
Cost & Expenses	$336M
OPERATING INCOME	$170M
Interest Income	$75M
Interest Expense	$49M
Other Income/Expenses	-$57M
INCOME BEFORE TAX	$114M
Income Tax Expense	-$21M
Net Income from Continuing Ops	$134M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$134M
Net Income Deductions	-$72M
BOTTOM LINE NET INCOME	$134M
D&A	$16M
EBIT	$163M
EBITDA	$179M
EPS	$1
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$134M
Depreciation & Amortization	$1M
Stock-Based Compensation	$62M
Deferred Income Tax	$0
Other Non-Cash Items	$6.4B
Change in Working Capital	-$6.6B
OPERATING CASH FLOW	$63M
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	-$102M
Sales/Maturities of Investments	$0
Other Investing Activities	$41M
NET CASH FROM INVESTING	-$61M
Net Debt Issuance	$251M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$160.0K
NET CASH FROM FINANCING	$918M
FREE CASH FLOW	$63M
Net Change in Cash	$919M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.2B
Short-Term Investments	$0
Net Receivables	$52M
Inventory	$0
Other Current Assets	$611M
TOTAL CURRENT ASSETS	$1.9B
PP&E (Net)	$0
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$26M
Other Non-Current Assets	$430M
TOTAL NON-CURRENT ASSETS	$456M
TOTAL ASSETS	$2.3B
Account Payables	$0
Short-Term Debt	$161M
Deferred Revenue	$0
Other Current Liabilities	$685M
TOTAL CURRENT LIABILITIES	$846M
Long-Term Debt	$4M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$230M
TOTAL NON-CURRENT LIABILITIES	$234M
TOTAL LIABILITIES	$1.1B
Common Stock	$23.0K
Additional Paid-In Capital	$0
Retained Earnings	-$187M
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$1.4B
TOTAL STOCKHOLDERS' EQUITY	$1.2B
Minority Interest	$8M
TOTAL EQUITY	$1.2B
TOTAL LIABILITIES & EQUITY	$2.3B
Total Debt	$165M
Net Debt	-$1.0B