Figure Technology Solutions Inc · Q1 2026 earnings

Briefing

Figure Technology Solutions Inc reported strong revenue growth and profitability in Q1 2026 driven by increased loan originations and ecosystem fees.

Figure Technology Solutions Inc achieved total net revenue of $167.0 million in Q1 2026, representing a 97.6% increase year-over-year. The company reported net income of $45.0 million and operating income of $41.9 million, reflecting robust growth in Partner-branded and Figure-branded loan volumes. Key drivers included a 203% rise in ecosystem and technology fees and significant gains on loan sales and servicing assets.

• Total net revenue grew 97.6% year-over-year to $167.0 million, fueled by 237% growth in Figure Connect volume and higher securitization activity.
• Net income reached $45.0 million compared to a net loss in the prior year, with basic EPS of $0.21.
• Consumer Loan Marketplace Volume increased substantially, with Partner-branded volume up significantly and Figure-branded volume nearly doubling.
• Cash and cash equivalents rose to $1.46 billion, supported by strong operating cash flows and financing activities including debt issuances.

Headline financials

Revenue & EPS history

The company continues to focus on expanding its blockchain-based lending and digital asset platforms while managing interest rate and regulatory risks.