Figure Technology Solutions, Inc. Class A Common Stock
NASDAQ: FIGR · FINANCIAL SERVICES · CAPITAL MARKETS
Updated 2026-06-05
Figure Technology Solutions, Inc. Class A Common Stock (FIGR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | $166.89M | $279.31M | $457.21M |
| Revenue growth (YoY) | — | +67.4% | +63.7% |
| Cost of revenue | $18.72M | $21.57M | $97.56M |
| Gross profit | $148.17M | $257.74M | $359.65M |
| Gross margin | 88.8% | 92.3% | 78.7% |
| R&D | $49.15M | $62.66M | $64.92M |
| SG&A | $18.44M | $54.74M | $131.97M |
| Operating income | $-49.44M | $9.23M | $166.16M |
| Operating margin | -29.6% | 3.3% | 36.3% |
| EBITDA | $16.24M | $95.62M | $178.80M |
| EBITDA margin | 9.7% | 34.2% | 39.1% |
| EBIT | $-3.14M | $78.51M | $162.54M |
| Interest expense | $49.20M | $56.41M | $48.87M |
| Income tax | $102000.00 | $2.18M | — |
| Effective tax rate | -0.2% | 11.2% | 0.0% |
| Net income | $-47.94M | $17.21M | $133.86M |
| Net income growth (YoY) | — | +135.9% | +677.6% |
| Profit margin | -28.7% | 6.2% | 29.3% |
Frequently asked questions
What is Figure Technology Solutions, Inc. Class A Common Stock's revenue?
Figure Technology Solutions, Inc. Class A Common Stock's trailing twelve-month revenue is $510.35M. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is FIGR?
In its most recent fiscal year, FIGR ran a gross margin of 78.66%, an operating margin of 36.34%, and a net margin of 29.28%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does FIGR generate?
FIGR produced $41.92M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is FIGR's balance sheet healthy?
FIGR holds $1.20B in cash and equivalents against $230.14M in long-term debt, on $1.23B of shareholder equity. Cash on hand exceeds long-term debt, so the balance sheet adds little financial risk to the thesis.