Figure Technology Solutions (NASDAQ:FIGR) Issues Earnings Results, Beats Estimates By $0.11 EPS

Figure Technology Solutions (NASDAQ:FIGR) released its earnings results on Thursday. The company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.11, FiscalAI reports. The business had revenue of $218.45 million during the quarter.

Here are the key takeaways from Figure Technology Solutions’ conference call:

• Positive Sentiment: Figure reported record consumer loan marketplace volume of $4.3 billion, up 132% year over year and 4% above the high end of guidance. Q3 guidance calls for $4.8 billion–$5.2 billion, supported by $1.7 billion of July volume and continued partner ramp-up.
• Positive Sentiment: Figure Connect reached 65% of marketplace volume, up from 56% last quarter and 42% a year ago, with management now expecting the mix to approach 70% in the medium term. The capital-light mix shift is supporting strong profitability and could help drive adjusted EBITDA margins toward the company’s 60% target.
• Positive Sentiment: Financial performance strengthened, with adjusted net revenue up 95% to $218 million, adjusted EBITDA up 126% to $119 million, and a 55% adjusted EBITDA margin. Management also cited operating leverage, disciplined underwriting, low delinquencies, and tighter securitization spreads.
• Negative Sentiment: Take rate was 3.6% and management expects it to remain near the low end of the 3.5%–4% range in Q3. The pressure reflects the increasing mix of lower-priced Figure Connect volume, volume-based partner pricing tiers, first-lien growth, and interest-rate-related volatility in gain-on-sale revenue.
• Positive Sentiment: The Kiavi acquisition remains on track to close in the second half of 2026 after receiving key regulatory approvals, with financing secured through a $600 million senior notes offering. Management expects Kiavi to add roughly 40% to volume and $100 million of EBITDA, while expanding Figure into residential transition loans and DSCR products.

Figure Technology Solutions Stock Performance

Figure Technology Solutions stock traded up $1.32 during midday trading on Thursday, reaching $32.00. 8,194,787 shares of the company’s stock were exchanged, compared to its average volume of 4,578,773. The stock’s 50-day simple moving average is $29.19 and its 200 day simple moving average is $34.15. The firm has a market cap of $5.84 billion and a price-to-earnings ratio of 55.29. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.90 and a current ratio of 1.90. Figure Technology Solutions has a 52 week low of $24.11 and a 52 week high of $78.00.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on FIGR. Piper Sandler decreased their price objective on Figure Technology Solutions from $75.00 to $65.00 and set an “overweight” rating for the company in a report on Wednesday, July 15th. Wall Street Zen cut Figure Technology Solutions from a “hold” rating to a “sell” rating in a research report on Sunday, July 12th. Mizuho raised their price target on Figure Technology Solutions from $45.00 to $55.00 and gave the company an “outperform” rating in a research note on Thursday, May 14th. Weiss Ratings raised Figure Technology Solutions from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $55.00 price objective on shares of Figure Technology Solutions in a report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Figure Technology Solutions presently has a consensus rating of “Moderate Buy” and a consensus price target of $50.62.

Insider Buying and Selling

In other Figure Technology Solutions news, CEO Michael Benjamin Tannenbaum sold 2,031 shares of Figure Technology Solutions stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $36.03, for a total transaction of $73,176.93. Following the completion of the transaction, the chief executive officer directly owned 3,193,641 shares of the company’s stock, valued at $115,066,885.23. The trade was a 0.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Minchung Kgil sold 4,000 shares of the stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $28.13, for a total transaction of $112,520.00. Following the completion of the transaction, the chief financial officer directly owned 495,651 shares in the company, valued at $13,942,662.63. The trade was a 0.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 38,019 shares of company stock valued at $1,244,676. Insiders own 26.60% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of FIGR. Global Retirement Partners LLC bought a new stake in shares of Figure Technology Solutions during the fourth quarter worth approximately $25,000. Strs Ohio bought a new position in shares of Figure Technology Solutions during the fourth quarter worth approximately $34,000. MetLife Investment Management LLC acquired a new stake in Figure Technology Solutions during the 4th quarter worth approximately $35,000. WPG Advisers LLC grew its holdings in Figure Technology Solutions by 71.1% in the 1st quarter. WPG Advisers LLC now owns 934 shares of the company’s stock valued at $32,000 after buying an additional 388 shares in the last quarter. Finally, Johnson Financial Group Inc. acquired a new position in shares of Figure Technology Solutions in the fourth quarter valued at about $41,000.

Figure Technology Solutions Company Profile

Figure is building the future of capital markets using blockchain-based technology. Figure’s proprietary technology powers next-generation lending, trading and investing activities in areas such as consumer credit and digital assets. Our application of the blockchain ledger allows us to better serve our end-customers, improve speed and efficiency, and enhance standardization and liquidity. Using our technology, we continue to develop dynamic, vertically-integrated marketplaces across the approximately $2 trillion consumer credit market and the rapidly growing approximately $4 trillion cryptocurrency and digital asset market.