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Filing Flows › Figure Technology Solutions (FIGR) › Q1 2026 › vs Q4 2025

Figure Technology Solutions (FIGR) Q1 2026 vs Q4 2025 (quarter over quarter)

Figure Technology Solutions's revenue rose $7.1M (+4%) from $160M in Q4 2025 to $167M in Q1 2026. Operating margin 25.1% against 18.1% (+7.0 pts).

Figure Technology Solutions, Q1 2026: revenue $167M (+98% year over year), operating margin 25.1%, net earnings $44.9M, operating cash flow −$37.8M. The chart draws each line against Q4 2025, the increases inside each band.

Figure Technology Solutions: what changed, Q1 2026 vs Q4 2025Figure Technology Solutions: what changed, Q1 2026 vs Q4 2025Operating cash sources$67.1MWorking capital & other$67.1MCash used in operations$51.1MNet earnings$29.8MPre-tax earnings$16.8MGeneral & admin−$14.8MShare-based compensation−$13.8MIncome tax benefit$13.2MOperating profit$12.9MCosts & expenses−$5.8M

Margins

Q1 2026Q4 2025Change
Operating margin25.1%18.1%+7.0 pts
Net margin26.9%9.5%+17.4 pts

Every line

LineQ1 2026Q4 2025Change%
Revenue$167M$160M$7.1M+4%
Operating profit$41.9M$29.0M$12.9M+45%
Costs & expenses$125M$131M−$5.8M-4%
Pre-tax earnings$38.1M$21.3M$16.8M+78%
Other expense, net$3.8M$7.7M−$3.8M-50%
Research & development$15.6M$15.6M$32K+0.2%
Sales & marketing$25.5M$22.0M$3.5M+16%
General & admin$45.6M$60.4M−$14.8M-24%
Other operating costs$38.4M$32.9M$5.4M+17%
Income tax benefit$6.9M−$6.3M$13.2M—
Net earnings$44.9M$15.2M$29.8M+196%
Minority interests$102K−$82K$184K—
Operating cash sources$109M$41.5M$67.1M+162%
Share-based compensation$25.9M$39.6M−$13.8M-35%
Cash used in operations$37.8M−$13.3M$51.1M—
Working capital & other$109M$41.5M$67.1M+162%

Questions

How much did Figure Technology Solutions's revenue grow quarter over quarter in Q1 2026?

Figure Technology Solutions's revenue rose $7.1M (+4%) from $160M in Q4 2025 to $167M in Q1 2026. Operating margin 25.1% against 18.1% (+7.0 pts).

Q1 2026 results → · Compare in the interactive Sankey →