Figure Technology Solutions, Inc.
For the period ended Sep 30, 2025. Filed Nov 13, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 13, 2025
FIGR$23.34-4.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Net Revenue | ||||
| Ecosystem and technology fees | $35,691 | $7,323 | $79,445 | $19,830 |
| Servicing fees | 7,882 | 6,483 | 22,537 | 18,389 |
| Interest income | 17,864 | 12,772 | 50,502 | 32,475 |
| Origination fees | 21,415 | 18,940 | 50,142 | 51,244 |
| Gain on sale of loans, net | 63,561 | 57,434 | 131,896 | 116,069 |
| Gain (loss) on servicing asset, net | 9,332 | (2,057) | 11,502 | 18,580 |
| Other revenue | 620 | 112 | 928 | 443 |
| Total net revenue | 156,365 | 101,007 | 346,952 | 257,030 |
| Expenses | ||||
| General and administrative | 36,366 | 15,890 | 71,603 | 78,428 |
| Technology and product development | 15,915 | 16,080 | 49,349 | 46,407 |
| Operations and processing | 18,217 | 11,333 | 45,342 | 33,275 |
| Sales and marketing | 22,144 | 15,031 | 54,077 | 40,979 |
| Interest expense | 12,450 | 14,761 | 35,798 | 41,951 |
| Other (income) expense | (1,445) | 1,775 | 2,268 | 5,951 |
| Total expenses | 103,647 | 74,870 | 258,437 | 246,991 |
| Operating income | 52,718 | 26,137 | 88,515 | 10,039 |
| Other income, net | ||||
| Other income, net | 5,641 | 2,543 | 3,812 | 5,775 |
| Total other income, net | 5,641 | 2,543 | 3,812 | 5,775 |
| Income before income taxes | 58,359 | 28,680 | 92,327 | 15,814 |
| Income tax provision | (31,463) | 1,253 | (26,876) | 1,788 |
| Net income | 89,822 | 27,427 | 119,203 | 14,026 |
| Net income attributable to noncontrolling interests in consolidated subsidiaries | 246 | 88 | 505 | 2,288 |
| Net income attributable to Figure Technology Solutions, Inc. | $89,576 | $27,339 | $118,698 | $11,738 |
| Net income per share of Class A and Class B common stock | ||||
| Basic | $0.42 | $0.09 | $0.48 | $0.00 |
| Diluted | $0.34 | $0.09 | $0.38 | $0.00 |
| Weighted-average Class A and Class B common shares outstanding | ||||
| Basic | 103,571,820 | 68,568,542 | 80,896,185 | 63,700,455 |
| Diluted | 129,922,329 | 73,585,747 | 103,106,387 | 69,854,927 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.