Figure Technology Solutions, Inc. Class A (FIGR)
NASDAQ:FIGR
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Earnings Data
Report Date
Nov 12, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
―Last Year’s EPS
0.34Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a strongly positive operating and financial quarter: robust top-line growth (adjusted net revenue +92%), rapid marketplace volume expansion (CLM +110% YoY, first month above $1B), improving profitability (adjusted EBITDA margin 50%), meaningful product and DeFi progress (Democratized Prime, YLDS, OPEN, Hastra expansion), strong liquidity (~$1.5B cash) and securitization execution (~$1.9B priced). Key near-term challenges relate to mix-driven take-rate dynamics, short-term margin impact from retained inventory to seed DeFi pools (~$2M interest expense, ~1.4% EBITDA drag), the need to onboard third-party borrowers and large partners (3–6 month ramps), and regulatory/adoption risks for some blockchain-specific initiatives. Overall, highlights substantially outweigh the lowlights, reflecting strong momentum but with identifiable timing and execution risks as the company scales its blockchain-native capital market ecosystem.Company Guidance
Record Revenue and Profitability
Adjusted net revenue up 92% YoY to $167M; adjusted EBITDA up ~190% YoY to $83M; adjusted EBITDA margin 50% (vs 33% prior year) — company cites a 'rule of 140' performance versus industry rule of 40 benchmark.
Rapid Consumer Loan Marketplace (CLM) Growth
CLM volume grew over 110% YoY to approximately $2.9B (Q1'26 vs $1.4B Q1'25); March was the first month above $1B at $1.2B; company provided Q2 CLM volume guidance of $3.8B–$4.1B.
Marketplace Mix Shift Toward Capital-Light Connect
Figure Connect accounted for 56% of CLM volume (up from 54% last quarter); net take rate was 3.8%, in line with guidance (3.5%–4.0%).
Commercial Scale and Partner Expansion
Added 80 new partners (most ever) including a seventh-largest national lender and onboarding Flagstar Bank as the largest bank originator on the marketplace; large 'whale' partners contributed materially (example: one well did >$150M in the quarter).
Product Diversification and First-Lien Traction
First-lien volume increased to 20% of total (from 14% YoY and 19% last quarter); SCR and residential transition loans grew ~70% in Q1; SMB/business-purpose volume nearly $60M for the quarter.
Progress in DeFi, Tokenization and OPEN
Yields and Democratized Prime balances both grew ~80% QoQ; Democratized Prime matched-offer balances $368M and YLDS circulation $598M; Hastra/Prime token expanded to Solana and Ethereum; ON‑chain Public Equity Network (OPEN) has pipeline with issuer filings underway.
Strong Capital Markets Execution and Credit Performance
Priced 5 securitizations totaling nearly $1.9B year-to-date; executed >$1.15B whole loan sales in March alone; BWIC auction produced record low spread demonstrating institutional demand and resilient credit performance.
Strong Liquidity and Strategic Inventory
Ended quarter with ~$1.5B cash and cash equivalents; loans held for sale ~ $500M; retained ~ $350M of loans on balance sheet intentionally to support Democratized Prime marketplace buildout.
AI and Operational Efficiency Gains
AI investments driving efficiency: 25% YoY increase in engineering 'story' completion, 70% chat containment improvement; operations & processing costs declined 20% from 93 bps to 74 bps of volume.
Figure Technology Solutions, Inc. Class A (FIGR) Earnings, Revenues Date & History
FIGR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FIGR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 11, 2026 | $38.97 | $39.50 | +1.36% |
Feb 26, 2026 | $34.04 | $25.28 | -25.73% |
Nov 13, 2025 | $34.59 | $40.24 | +16.33% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Figure Technology Solutions, Inc. Class A (FIGR) report earnings?
Figure Technology Solutions, Inc. Class A (FIGR) is schdueled to report earning on Nov 12, 2026, After Close (Confirmed).
What is Figure Technology Solutions, Inc. Class A (FIGR) earnings time?
Figure Technology Solutions, Inc. Class A (FIGR) earnings time is at Nov 12, 2026, After Close (Confirmed).
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What companies are reporting earnings today?
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What is FIGR EPS forecast?
Currently, no data Available