Figure Technology Solutions, Inc. (FIGR) Income Statement
FIGR 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsFIGR revenue and net income
Where FIGR's revenue goes
2025Each bar shows an amount and its share of revenue. FIGR kept 29.3% of revenue as net income.
FIGR profit margins
FIGR growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +63.7% | — | — | — |
| Gross profit | +39.5% | — | — | — |
| Operating income | +1,699.3% | — | — | — |
| Net income | +677.6% | — | — | — |
| EPS (diluted) | +1,025.0% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FIGR quarterly EPS vs estimates
Figure Technology Solutions beat the analyst EPS estimate in 3 of the last 5 quarters. Next report: November 12, 2026 (estimate $0.31).
FIGR income statement
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Revenue | $457.2M | $279.3M | $166.9M |
| Cost of revenue | $97.6M | $21.6M | $18.7M |
| Gross profit | $359.6M | $257.7M | $148.2M |
| Research & development | $64.9M | $62.7M | $49.2M |
| Sales, general & admin | $132.0M | $110.4M | $71.2M |
| Total operating expenses | $193.5M | $248.5M | $197.6M |
| Operating income | $166.2M | $9.2M | −$49.4M |
| Interest income | $74.8M | $48.2M | $48.2M |
| Interest expense | $48.9M | $56.4M | $49.2M |
| Income before taxes | $113.7M | $22.1M | −$52.3M |
| Income taxes | −$20.6M | $2.2M | $102,000 |
| Net income | $133.9M | $17.2M | −$47.9M |
| EBITDA | $178.8M | $95.6M | $16.2M |
| EPS (diluted) | $0.90 | $0.08 | −$0.94 |
| Gross margin | 78.7% | 92.3% | 88.8% |
| Operating margin | 36.3% | 3.3% | −29.6% |
| Net margin | 29.3% | 6.2% | −28.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $188.2M | $167.0M | $223.2M | $134.9M | $95.1M | $55.4M | $86.2M | $72.2M | $62.2M | $61.1M |
| Cost of revenue | $37.5M | $21.4M | $25.2M | $8.8M | $6.6M | $6.5M | $5.9M | $6.0M | $4.7M | $5.0M |
| Gross profit | $150.8M | $145.6M | $198.0M | $126.2M | $88.5M | $48.9M | $80.4M | $66.2M | $57.5M | $56.1M |
| Research & development | $31.2M | $15.6M | $15.6M | $15.9M | $16.0M | $17.4M | $16.2M | $16.1M | $15.3M | $15.0M |
| Sales, general & admin | $51.4M | $71.1M | $104.5M | $45.0M | $22.4M | $22.7M | $27.1M | $21.0M | $22.7M | $39.5M |
| Total operating expenses | $53.6M | $86.7M | $133.0M | $73.5M | $60.8M | $40.8M | $89.2M | $44.6M | $49.7M | $80.0M |
| Operating income | $97.1M | $58.8M | $65.0M | $52.7M | $27.7M | $8.1M | −$3.0M | $27.6M | $7.7M | −$23.8M |
| Interest income | — | $19.4M | $24.3M | $17.9M | $16.0M | $16.6M | $15.7M | $12.8M | $10.1M | $9.6M |
| Interest expense | $19.7M | $16.9M | $13.1M | $12.4M | $12.4M | $11.0M | $14.5M | $14.8M | $12.5M | $14.7M |
| Income before taxes | $83.0M | $38.1M | $21.3M | $58.4M | $33.4M | $617,000 | $6.3M | $28.7M | $15.6M | −$28.5M |
| Income taxes | −$4.4M | −$6.9M | $6.3M | −$31.5M | $3.4M | $1.2M | — | — | $559,000 | $24,000 |
| Net income | $87.4M | $44.9M | $15.2M | $89.6M | $29.9M | −$820,000 | $5.5M | $27.3M | $14.3M | −$29.9M |
| EBITDA | $106.9M | $55.0M | $38.3M | $75.1M | $49.9M | $15.5M | — | — | $32.5M | −$8.7M |
| EPS (diluted) | $0.37 | $0.20 | $0.06 | $0.77 | $0.07 | — | — | — | — | — |
| Gross margin | 80.1% | 87.2% | 88.7% | 93.5% | 93.1% | 88.3% | 93.2% | 91.7% | 92.4% | 91.8% |
| Operating margin | 51.6% | 35.2% | 29.1% | 39.1% | 29.2% | 14.6% | −3.4% | 38.2% | 12.5% | −39.0% |
| Net margin | 46.5% | 26.9% | 6.8% | 66.4% | 31.5% | −1.5% | 6.3% | 37.9% | 23.1% | −49.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FIGR's financial statements (latest annual report filed March 16, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FIGR financial results
In fiscal year 2025 (ended December 31, 2025), Figure Technology Solutions reported revenue of $457.2 million, up 63.7% from the year before. It had net income of $133.9 million (up 677.6%), a net profit margin of 29.3%. Diluted earnings per share came to $0.90.
See the FIGR stock overview for the latest quote and news, or the FIGR chart for price history and technical indicators.
FIGR income statement FAQ
What is Figure Technology Solutions's annual revenue?
Figure Technology Solutions reported total revenue of $457.2 million for fiscal year 2025, which ended on December 31, 2025. That was up 63.7% from $279.3 million the previous year.
Is Figure Technology Solutions profitable?
Yes. Figure Technology Solutions reported net income of $133.9 million in fiscal 2025, a net profit margin of 29.3%; its operating margin was 36.3%.
What is Figure Technology Solutions's gross margin?
Figure Technology Solutions's gross margin was 78.7% in fiscal 2025: for every $100 of revenue, Figure Technology Solutions kept $79 after the direct cost of its products and services.
How much does Figure Technology Solutions spend on research and development?
Figure Technology Solutions spent $64.9 million on research and development in fiscal 2025, 14.2% of revenue.
What are Figure Technology Solutions's earnings per share?
Figure Technology Solutions earned $0.90 per diluted share in fiscal 2025, compared with $0.08 a year earlier.
When will Figure Technology Solutions report its next earnings?
Figure Technology Solutions is expected to report results for the quarter ending September 30, 2026 on November 12, 2026 before the market opens.
When does Figure Technology Solutions's fiscal year end?
Figure Technology Solutions's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 16, 2026.