Figure Technology Solutions, Inc. financial statements
Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Figure Technology Solutions, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2023
FY2025
FY2025
Revenue
210
341
507
Research and development
49.2
62.7
64.9
Selling and marketing
52.8
55.7
76.1
General and administrative
58.8
104
132
Operating income
-49.4
9.24
118
Other non-operating income
-2.9
12.9
-3.85
Pre-tax income
-52.3
22.1
114
Income tax
0.1
2.18
-20.6
Net income to minority interests
-4.51
2.7
0.42
Net income
-47.9
17.2
134
EPS, basic
-0.93
0.00
0.54
EPS, diluted
-0.93
0.00
0.44
Shares, basic (weighted)
51.3
65
114
Shares, diluted (weighted)
51.3
72.6
142
Balance sheet
FY2023
FY2025
FY2025
Cash and equivalents
176
290
1,198
Receivables
21
52
Other current assets
14.9
41.5
Total current assets
855
1,861
Lease right-of-use assets
5.2
Other non-current assets
33.8
40.4
Total assets
1,160
2,318
Accounts payable
37.2
29.5
Short-term debt
305
Total current liabilities
626
846
Long-term debt
168
230
Lease liabilities
2.79
4.17
Total liabilities
796
1,080
Total debt
473
557
Paid-in capital
676
1,416
Retained earnings
-321
-187
Treasury stock
0
Shareholders' equity
355
1,229
Minority interests
8.28
8.36
Total equity
222
363
1,237
Total liabilities and equity
1,160
2,318
Cash flow statement
FY2023
FY2025
FY2025
Net income
-52.4
19.9
134
Stock-based compensation
13.5
38.7
62.4
Deferred income tax
0
0
-26
Change in receivables
-7.1
-3.7
-33
Cash from operations
-33.4
-127
62.6
Purchases of investments
0
-25.2
-102
Sales and maturities of investments
0.6
0.87
0
Cash from investing
-17.6
-37.4
-61.3
Stock issued
1.14
3.04
12.8
Share buybacks
0
-1
0
Cash from financing
65.8
336
918
Net change in cash
14.8
172
919
Interest paid
44.8
55.1
49.9
Income taxes paid
0.03
0.05
10.4
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $29.33 on September 28, 2026.
Profitability
Metric
Value
How it is calculated
Operating margin
28.4%
Operating income / revenue.
Pre-tax margin
28.3%
Pre-tax income / revenue.
Net margin
33.5%
Net income / revenue.
Operating cash flow margin
-12.2%
Cash from operations / revenue.
Effective tax rate
-18.2%
Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)
16.8%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
7.9%
Net income / average total assets.
Return on invested capital (ROIC)
17.0%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue
8.8%
Research and development expense / revenue.
Stock-based pay / revenue
15.7%
Stock-based compensation (from the cash flow statement) / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
48.7%
Revenue vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y
1,173.0%
Operating income vs the same period a year earlier. Only from a positive base.
Net income growth, 1y
677.6%
Net income vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
246.1%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
99.9%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
95.2%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.86x
Current assets / current liabilities.
Quick ratio
1.19x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
1.12x
(Cash + short-term investments) / current liabilities.
Debt / equity
0.68x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
31.9%
Total debt / total assets.
Liabilities / assets
53.2%
Total liabilities / total assets.
Net debt
-$474.5M
Total debt - cash - short-term investments. Negative means more cash than debt.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$2.87
Revenue / diluted weighted shares.
Operating cash flow per share
-$0.35
Cash from operations / diluted weighted shares.
Book value per share
$5.72
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/E
27.8x
Market cap / net income. Only when net income is positive.
P/S
9.28x
Market cap / revenue.
P/B
4.66x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
4.66x
Market cap / tangible book value, when positive.
EV/Sales
8.61x
Enterprise value / revenue.
EV/EBIT
30.3x
Enterprise value / operating income, when both are positive.
Earnings yield
3.6%
Net income / market cap (the inverse of P/E).
What was Figure Technology Solutions, Inc.'s revenue in fiscal 2025?
Figure Technology Solutions, Inc. reported revenue of $506.9M for fiscal 2025, 48.7% higher than the year before.
Was Figure Technology Solutions, Inc. profitable in fiscal 2025?
Yes. Net income was $133.9M, a net margin of 26.4%.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.