Figure Technology Solutions, Inc. (FIGR) Balance Sheet
FIGR balance sheet, 2025
December 31, 2025 · U.S. dollars$2.32B assets = $1.08B liabilities + $1.24B equity
Both columns are drawn to the same scale: what FIGR owns equals what it owes plus shareholders’ equity. Hover a block for its value.
FIGR financial health
Descriptive bands, not a rating. Fiscal 2025.
FIGR balance sheet trends, 2023–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $660.1M2023 | $2.32B2025 | +87.4%/yr | |
| Total liabilities | $437.6M2023 | $1.08B2025 | +57.1%/yr | |
| Shareholders’ equity | $217.1M2023 | $1.23B2025 | +137.9%/yr | |
| Cash & short-term investments | $122.4M2023 | $1.36B2025 | +233.8%/yr | |
| Total debt | $415.0M2023 | $946.7M2025 | +51.0%/yr | |
| Net cash (debt) | −$292.6M2023 | $417.1M2025 | +$709.7M | |
| Working capital | $51.4M2023 | $1.02B2025 | +$963.8M | |
| Book value per share | $1.052023 | $4.332025 | +103.3%/yr | |
| Current ratio | 1.132023 | 2.202025 | +1.07 | |
| Debt / equity | 1.912023 | 0.772025 | −1.14 | |
| Shares outstanding | 207.1M2023 | 283.6M2025 | +17.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
FIGR assets
FIGR liabilities and equity
FIGR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
FIGR balance sheet
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Assets | |||
| Cash & short-term investments | $1.36B | $365.1M | $122.4M |
| Cash & equivalents | $1.27B | $287.3M | $116.5M |
| Short-term investments | $97.0M | $77.9M | $5.9M |
| Receivables | $52.0M | $416.9M | $272.8M |
| Inventory | $0 | $0 | $0 |
| Other current assets | $445.4M | $72.7M | $63.0M |
| Total current assets | $1.86B | $854.7M | $458.3M |
| Property, plant & equipment (net) | $0 | $0 | $0 |
| Goodwill & intangible assets | $0 | $0 | $0 |
| Long-term investments | $273.2M | $173.2M | $37.1M |
| Other non-current assets | $183.2M | $131.7M | $164.7M |
| Total assets | $2.32B | $1.16B | $660.1M |
| Liabilities | |||
| Accounts payable | $29.5M | $37.2M | $20.1M |
| Short-term debt | $712.4M | $517.9M | $384.2M |
| Total current liabilities | $846.0M | $625.5M | $406.9M |
| Long-term debt | $230.1M | $167.9M | $25.0M |
| Lease obligations | $4.2M | $2.8M | $5.7M |
| Other long-term liabilities | $4.2M | $2.8M | $5.7M |
| Total liabilities | $1.08B | $796.2M | $437.6M |
| Shareholders' equity | |||
| Common stock & paid-in capital | $23,000 | $2,000 | $1,000 |
| Retained earnings (deficit) | −$187.0M | −$320.9M | −$338.1M |
| Minority interest | $8.4M | $8.3M | $5.4M |
| Total shareholders' equity | $1.23B | $355.1M | $217.1M |
| Key figures | |||
| Total debt | $946.7M | $688.6M | $415.0M |
| Net cash (debt) | $417.1M | −$323.5M | −$292.6M |
| Working capital | $1.02B | $229.2M | $51.4M |
| Tangible book value | $1.23B | $355.1M | $217.1M |
| Book value per share | $4.33 | $1.71 | $1.05 |
| Shares outstanding | 283.6M | 207.1M | 207.1M |
| Current ratio | 2.20 | 1.37 | 1.13 |
| Quick ratio | 1.67 | 1.25 | 0.97 |
| Debt / equity | 0.77 | 1.94 | 1.91 |
| Equity / assets | 53.0% | 30.6% | 32.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & short-term investments | $1.44B | $1.46B | $1.36B | $1.10B | $485.0M | $405.7M | $365.1M |
| Cash & equivalents | $1.44B | $1.46B | $1.27B | $1.10B | $395.3M | $332.0M | $289.7M |
| Short-term investments | — | $74.3M | $97.0M | $102.9M | $89.6M | $73.7M | $75.4M |
| Receivables | $88.5M | $65.3M | $52.0M | $46.2M | $371.0M | $550.7M | $21.0M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $865.9M | $696.2M | $0 | $616.4M | $64.5M | $77.1M | $468.6M |
| Total current assets | $2.39B | $2.23B | $1.42B | $1.76B | $920.4M | $1.03B | $854.7M |
| Property, plant & equipment (net) | $0 | $4.8M | $5.2M | $0 | $0 | $0 | $0 |
| Goodwill & intangible assets | $155.0M | $125.9M | $0 | $100.0M | $0 | $0 | $0 |
| Long-term investments | $354.0M | $300.4M | $273.2M | $239.7M | $219.3M | $192.0M | $163.5M |
| Other non-current assets | $116.7M | $73.6M | $660.1M | $57.4M | $133.7M | $128.8M | $141.4M |
| Total assets | $3.02B | $2.73B | $2.35B | $2.16B | $1.27B | $1.35B | $1.16B |
| Liabilities | |||||||
| Accounts payable | $58.2M | $29.7M | $29.5M | $55.3M | $38.3M | $32.3M | $37.2M |
| Short-term debt | $1.16B | $1.06B | $712.4M | $605.5M | $558.9M | $682.0M | — |
| Total current liabilities | $1.16B | $1.06B | $846.0M | $778.2M | $694.2M | $793.7M | $625.5M |
| Long-term debt | $315.9M | $262.2M | $230.1M | $197.8M | $173.7M | $191.7M | $167.9M |
| Lease obligations | $3.6M | $3.9M | $4.2M | $4.2M | $1.0M | $306,000 | $2.8M |
| Other long-term liabilities | $133.7M | $118.9M | $4.2M | $4.2M | $1.0M | $306,000 | $2.8M |
| Total liabilities | $1.60B | $1.44B | $1.08B | $980.2M | $869.0M | $985.7M | $796.2M |
| Shareholders' equity | |||||||
| Common stock & paid-in capital | $22,000 | $23,000 | $23,000 | $21,000 | $2,000 | $2,000 | — |
| Retained earnings (deficit) | −$54.3M | −$142.0M | −$187.0M | −$202.2M | −$291.7M | −$321.7M | −$320.9M |
| Accumulated other comprehensive income | — | — | — | $0 | — | — | — |
| Minority interest | −$27,000 | −$1,000 | $8.4M | $8.7M | $8.5M | — | — |
| Total shareholders' equity | $1.41B | $1.29B | $1.23B | $1.17B | $395.9M | $360.1M | $355.1M |
| Key figures | |||||||
| Total debt | $1.47B | $1.32B | $946.7M | $807.5M | $733.7M | $874.0M | $167.9M |
| Net cash (debt) | −$36.9M | $142.1M | $417.1M | $289.6M | −$248.7M | −$468.3M | $197.2M |
| Working capital | $1.24B | $1.17B | $569.8M | $981.5M | $226.2M | $239.8M | $229.2M |
| Tangible book value | $1.26B | $1.17B | $1.23B | $1.07B | $395.9M | $360.1M | $355.1M |
| Book value per share | $5.70 | $5.19 | $4.96 | $5.64 | $1.91 | $1.74 | $1.70 |
| Shares outstanding | 247.9M | 248.8M | 247.8M | 207.1M | 207.1M | 207.1M | 208.5M |
| Current ratio | 2.07 | 2.10 | 1.67 | 2.26 | 1.33 | 1.30 | 1.37 |
| Quick ratio | 1.32 | 1.45 | 1.67 | 1.47 | 1.23 | 1.20 | 0.62 |
| Debt / equity | 1.04 | 1.02 | 0.77 | 0.69 | 1.85 | 2.43 | 0.47 |
| Equity / assets | 46.8% | 47.3% | 52.2% | 54.1% | 31.1% | 26.6% | 30.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 16, 2026); data from EODHD.
FIGR financial position
At the end of fiscal 2025 (December 31, 2025), Figure Technology Solutions had total assets of $2.3 billion (up 99.9% from a year earlier), total liabilities of $1.1 billion and shareholders' equity of $1.2 billion. It held $1.4 billion in cash and short-term investments against $946.7 million of debt, a net cash position of $417.1 million. Its current ratio was 2.20. In the latest quarter (ended June 30, 2026) total assets were $3.0 billion and equity $1.4 billion.
Related: FIGR income statement, FIGR cash flow statement, FIGR key metrics. See the FIGR stock overview for the latest quote and news.
FIGR balance sheet FAQ
What are Figure Technology Solutions's total assets?
Figure Technology Solutions reported total assets of $2.3 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.2 billion a year earlier.
How much debt does Figure Technology Solutions have?
Figure Technology Solutions had $946.7 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.77.
How much cash does Figure Technology Solutions have?
Figure Technology Solutions held $1.4 billion in cash and short-term investments at the end of fiscal 2025; with $946.7 million of debt that is net cash of $417.1 million.
What is Figure Technology Solutions's book value?
Figure Technology Solutions's shareholders' equity (book value) was $1.2 billion at the end of fiscal 2025, or $4.33 per share.
What is Figure Technology Solutions's current ratio?
Figure Technology Solutions had current assets of $1.9 billion and current liabilities of $846.0 million, a current ratio of 2.20 (it can cover its short-term obligations).