Filing Flows › Figure Technology Solutions (FIGR) › Q3 2025
Figure Technology Solutions (FIGR) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 13, 2025
Figure Technology Solutions (FIGR) reported revenue of $156M for the third quarter 2025 (Q3 2025), +55% from a year earlier and +47% from the quarter before. Operating margin was 33.7%, net earnings $89.6M (57.3% of revenue).
Figure Technology Solutions, Q3 2025: revenue $156M (+55% year over year), operating margin 33.7%, net earnings $89.6M, operating cash flow −$26.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $156M | +47% | +55% |
| Operating profit | $52.7M | +90% | +102% |
| Net earnings | $89.6M | +199% | +228% |
| Operating cash flow | −$26.8M | — | — |
What changed
Revenue was $156.4M in Q3 2025, up 55% year over year and up 47% from the previous quarter.
Operating profit was $52.7M, a 33.7% margin (up 7.8 points year over year). Of the extra revenue versus a year earlier, 48% reached operating profit, above the 26% margin then. Total costs grew 38% against revenue growth of 55%. The fastest-growing cost line was General & admin (+129%). Net earnings were $89.6M, up 228% year over year. The effective tax rate was -53.9%.
Operating cash flow was −$26.8M. Non-cash charges added back $17.5M of share-based compensation. Working capital and other items used $134.1M.
Questions
What was Figure Technology Solutions' revenue in the third quarter 2025?
Figure Technology Solutions (FIGR) reported revenue of $156M for the third quarter 2025 (Q3 2025), +55% from a year earlier and +47% from the quarter before.
Was Figure Technology Solutions profitable in the third quarter 2025?
Operating profit was $52.7M (33.7% of revenue) and net earnings $89.6M.