New updates have been reported about Figure.
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Figure Technology Solutions (Nasdaq: FIGR) reported strong preliminary, unaudited fourth-quarter and full-year 2025 results, highlighted by triple-digit year-over-year growth in its Consumer Loan Marketplace and rising adoption of Figure Connect, underscoring accelerating demand for its blockchain-native capital markets infrastructure. Management also cited increased activity across its blockchain ecosystem, including tokenized assets and on-chain marketplaces, and filed a Form S-1 containing these preliminary operating results, signaling continued use of public equity markets following its 2025 IPO.
CEO Michael Tannenbaum said the results validate Figure’s strategy to modernize capital markets and emphasized plans to expand its partner network, deepen marketplace liquidity, and further scale its blockchain infrastructure, which already supports more than 200 partners and over $22 billion in originated home equity. The company cautioned that the figures are subject to change pending completion of the audit, noted higher professional services and insurance expenses tied to being a newly public company, and highlighted the use of non-GAAP metrics such as Adjusted Net Revenue and Adjusted EBITDA to evaluate operating performance and resource allocation, with further detail and reconciliations, along with risk factors, to be discussed on its February 26, 2026 earnings call and in its SEC filings.