Filing Flows › Figure Technology Solutions (FIGR) › Q4 2025
Figure Technology Solutions (FIGR) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 16, 2026
Figure Technology Solutions (FIGR) reported revenue of $160M for the fourth quarter 2025 (Q4 2025), +91% from a year earlier and +2% from the quarter before. Operating margin was 18.1%, net earnings $15.2M (9.5% of revenue).
Figure Technology Solutions, Q4 2025: revenue $160M (+91% year over year), operating margin 18.1%, net earnings $15.2M, operating cash flow $13.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $160M | +2% | +91% |
| Operating profit | $29.0M | -45% | — |
| Net earnings | $15.2M | -83% | +177% |
| Operating cash flow | $13.3M | — | -85% |
What changed
Revenue was $159.9M in Q4 2025, up 91% year over year and up 2% from the previous quarter.
Operating profit was $29.0M, a 18.1% margin (up 19.1 points year over year). Total costs grew 55% against revenue growth of 91%. The fastest-growing cost line was General & admin (+134%). Net earnings were $15.2M, up 177% year over year. The effective tax rate was 29.4%.
Operating cash flow was $13.3M (down 85% year over year), 88% of net earnings. Non-cash charges added back $39.6M of share-based compensation. Working capital and other items used $41.4M.
Questions
What was Figure Technology Solutions' revenue in the fourth quarter 2025?
Figure Technology Solutions (FIGR) reported revenue of $160M for the fourth quarter 2025 (Q4 2025), +91% from a year earlier and +2% from the quarter before.
Was Figure Technology Solutions profitable in the fourth quarter 2025?
Operating profit was $29.0M (18.1% of revenue) and net earnings $15.2M.