FIGR Financial Services

Figure Technology Solutions, Inc.

$22.10+1.42%

Price as of close on Nov 3, 2026 · Financials updated Nov 4, 2026

Basics

Sector: Financial Services
Industry: Capital Markets
Country: United States
Market cap: 5.0B USD
Full-time employees: 602

Overall health

Strength: more profitable than most peersmore profitable than peers
Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

Ranks #128 of 791 banks & insurance companies (top 17%)

Based on 3 categories: banks and insurers are not rated on risk.

Scored as a bank or insurer: cash-flow, EBITDA, gross margin and current ratio aren’t scored; they are under “Other data”.

See how it ranks against its peers

Worth knowing

Fast revenue growth. Revenue grew 56% in the fiscal year to Dec 2025 vs the year before, faster than 95% of peers.
Revenue grew 56% in the fiscal year to Dec 2025 vs the year before, faster than 95% of its peers.

StockQuotient Score

66/ 100

Oct 5 65 → Nov 4 66 (+1)

Valuation

Is the price right?

8/100

Weak

2/2 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why

Weaker than most peers on:

▼ P/B
▼ Earnings yield

Compare with peers

Behind the score

Earnings yield (P/E) and book yield (P/B) versus other banks and insurers.

Book yield26.3%

SEC filings · latest balance sheetReported value40% base weight · Z-score -1.87Sector median: 0.7950 · MAD: 0.2843

Earnings yield4.4%

SEC filings · 12 months to Jun 2026Reported value60% base weight · Z-score -1.38Sector median: 0.0789 · MAD: 0.0253

Other data (not scored)

EBITDA yieldUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: 0.1095 · MAD: 0.0527

Free cash flow yield-2.2%

Yahoo Finance fallback · SEC cash flow or share count unavailable · trailing 12 months · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share priceInformational · 0% composite weightSector median: 0.0796 · MAD: 0.0459

Growth

Is it growing?

95/100

Strong

1/1 inputs reported · High confidence

Since last quarter: ▲ Stronger

12-month revenue up 20.3%

Why

Stronger than most peers on:

▲ EPS growth

Compare with peers

Behind the score

Earnings-per-share growth versus other banks and insurers.

Earnings per share growth433.0%

Yahoo Finance fallback · SEC figure unavailable or out of date · fiscal year to Dec 2025Outlier capped at sector 5th/95th percentile100% base weight · Z-score 7.87Sector median: 0.1599 · MAD: 0.1775

Other data (not scored)

3-year revenue growthUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: 0.0826 · MAD: 0.0558

Revenue growth55.7%

Yahoo Finance fallback · SEC figure unavailable or out of date · fiscal year to Dec 2025Outlier capped at sector 5th/95th percentileInformational · 0% composite weightSector median: 0.0866 · MAD: 0.0782

Profitability

Does it earn well?

95/100

Strong

2/2 inputs reported · High confidence

Since last quarter: ▲ Stronger

Operating margin rose 2.7 points to 28.4%

Why

Stronger than most peers on:

▲ ROA
▲ ROE

Compare with peers

Behind the score

Return on equity and return on assets versus other banks and insurers.

Return on assets7.9%

SEC filings · 12 months to Jun 2026Outlier capped at sector 5th/95th percentile50% base weight · Z-score 9.65Sector median: 0.0117 · MAD: 0.0062

Return on equity16.8%

SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score 1.56Sector median: 0.1074 · MAD: 0.0388

Other data (not scored)

Gross marginUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: Unavailable · MAD: Unavailable

Operating margin28.4%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.1450 · MAD: 0.1678

Return on invested capitalUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: Unavailable · MAD: Unavailable

Risk

Debt, liquidity, price swings

Not rated

Not rated for banks and insurers: debt and share-price swings say little about their risk. We leave it blank rather than fill the gap with a made-up middle value.

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Figure Technology Solutions

Is Figure Technology Solutions getting weaker?: Its latest SEC filing (Aug 14, 2026) got stronger: operating margin rose 2.7 points to 28.4%. Its overall score is unchanged at 66/100 since Oct 28, 2026.
How is Figure Technology Solutions valued vs its peers?: Priced higher than most peers relative to what it earns. Valuation scores 8/100 against 950 banks & insurance peers. Book yield 26.3% vs a peer median of 79.5% (weaker than 93% of peers).Book yield 26.3% vs peers 79.5% (weaker than 93% of peers).
Is Figure Technology Solutions growing?: Yes, faster than most of its peers. Growth scores 95/100 against 950 banks & insurance peers. Earnings per share growth 433.0% vs a peer median of 16.0% (stronger than 95% of peers).Earnings per share growth 433.0% vs peers 16.0% (stronger than 95% of peers).
How profitable is Figure Technology Solutions?: More profitable than most of its peers. Profitability scores 95/100 against 950 banks & insurance peers. Return on assets 7.9% vs a peer median of 1.2% (stronger than 95% of peers).Return on assets 7.9% vs peers 1.2% (stronger than 95% of peers).
How risky is Figure Technology Solutions?: Not rated for banks and insurers: debt and share-price swings say little about their risk.

Latest filing: what changed

Quarter ended Jun 30, 2026 · filed Aug 14, 2026 · compared with the quarter ended Mar 31, 2026

Got stronger

Operating margin rose 2.7 points to 28.4%

	Previous quarter	Latest quarter	Change
Revenue (12 months)	589.4M USD	708.9M USD	+20.3%
Net income (12 months)	179.6M USD	237.1M USD	+32.0%
Operating margin	25.7%	28.4%	+2.7 pts
Debt	867.3M USD	963.0M USD	+11.0%
Cash	1.5B USD	1.4B USD	−1.9%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Industry: Capital Markets · 24 companies

Valuations in Capital Markets are above their usual range since Nov 2016.

62% of months since Nov 2016 were valued lower than now.
56% of companies are in the most expensive fifth of their own price-to-book history.
Over 24 months, company values +34% and earnings +87% (medians): earnings grew faster than prices.
Median price-to-book is +21% vs the whole market, against a usual +28%.

Nov 2016Shaded: most expensive fifth of its range2026

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY 2023	FY 2024	FY 2025	Change
Operating margin	-23.6%	2.7%	23.2%	▲ 20 pts
Net margin	-22.9%	5.0%	26.4%	▲ 21 pts
Return on assets (ROA)	—	1.5%	5.8%	▲ 4.3 pts
Return on equity (ROE)	-21.6%	4.8%	10.9%	▲ 6.0 pts
Debt to equity	—	1.33×	0.45×	▼ 66%
Interest coverage	-1.00×	0.16×	2.40×	▲ >999%

FIGR price history

Price history is added with the daily price update and will appear after the next one.

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Sector leaderboards

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Bringing the fundamentals into focus…

Overall health

Strength: more profitable than most peersmore profitable than peers

Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

Ranks #128 of 791 banks & insurance companies (top 17%)

Based on 3 categories: banks and insurers are not rated on risk.

Scored as a bank or insurer: cash-flow, EBITDA, gross margin and current ratio aren’t scored; they are under “Other data”.

See how it ranks against its peers

Questions investors ask about Figure Technology Solutions

Is Figure Technology Solutions getting weaker?

Its latest SEC filing (Aug 14, 2026) got stronger: operating margin rose 2.7 points to 28.4%. Its overall score is unchanged at 66/100 since Oct 28, 2026.

How is Figure Technology Solutions valued vs its peers?

Priced higher than most peers relative to what it earns. Valuation scores 8/100 against 950 banks & insurance peers. Book yield 26.3% vs a peer median of 79.5% (weaker than 93% of peers).Book yield 26.3% vs peers 79.5% (weaker than 93% of peers).

Is Figure Technology Solutions growing?

Yes, faster than most of its peers. Growth scores 95/100 against 950 banks & insurance peers. Earnings per share growth 433.0% vs a peer median of 16.0% (stronger than 95% of peers).Earnings per share growth 433.0% vs peers 16.0% (stronger than 95% of peers).

How profitable is Figure Technology Solutions?

More profitable than most of its peers. Profitability scores 95/100 against 950 banks & insurance peers. Return on assets 7.9% vs a peer median of 1.2% (stronger than 95% of peers).Return on assets 7.9% vs peers 1.2% (stronger than 95% of peers).

How risky is Figure Technology Solutions?

Not rated for banks and insurers: debt and share-price swings say little about their risk.

Previous quarter

Latest quarter

Change

Revenue (12 months)

589.4M USD

708.9M USD

+20.3%

Net income (12 months)

179.6M USD

237.1M USD

+32.0%

Operating margin

25.7%

28.4%

+2.7 pts

Debt

867.3M USD

963.0M USD

+11.0%

Cash

1.5B USD

1.4B USD

−1.9%

Key ratios

FY 2023

FY 2024

FY 2025

Change

Operating margin

-23.6%

2.7%

23.2%

▲ 20 pts

Net margin

-22.9%

5.0%

26.4%

▲ 21 pts

Return on assets (ROA)

—

1.5%

5.8%

▲ 4.3 pts

Return on equity (ROE)

-21.6%

4.8%

10.9%

▲ 6.0 pts

Debt to equity

—

1.33×

0.45×

▼ 66%

Interest coverage

-1.00×

0.16×

2.40×

▲ >999%