Figure Technology Solutions, Inc.

For the period ended Sep 30, 2025. Filed Nov 13, 2025.

About 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 exhibits

Contents

Condensed Consolidated Statements of Stockholders’ Equity

Convertible Preferred Stock · Common Stock · Class A Common Stock · Class B Common Stock · Additional Paid-InCapital · Accumulated Deficit · Total Figure Technology Solutions Stockholders’Equity · Noncontrolling Interests in Consolidated Subsidiaries · Total Stockholders’Equity
Shares · Amount · Shares · Amount · Shares · Amount · Shares · Amount
Balance at June 30, 2025	111,900,495	$2	69,939,160	$2	—	$—	—	$—	$687,655	$(291,729)	$395,930	$8,530	$404,460
Vesting of preferred stock warrants	—	—	—	—	—	—	—	—	2,459	—	2,459	—	2,459
Exercise of stock options and warrants	2,010,410	1	367,855	—	—	—	—	—	7,691	—	7,692	—	7,692
Stock compensation expense	—	—	—	—	—	—	—	—	17,469	—	17,469	—	17,469
Dividends & redemptions of subsidiaries	—	—	—	—	—	—	—	—	—	—	—	(40)	(40)
Settlement of restricted stock units	—	—	—	—	297,171	—	—	—	—	—	—	—	—
Issuance and conversion of common stock in connection with initial public offering, net of offering costs and commissions	—	—	(70,307,015)	(2)	98,538,620	10	—	—	654,682	—	654,690	—	654,690
Conversion of convertible preferred stock to common stock in connection with initial public offering	(113,910,905)	(3)	—	—	113,910,905	11	—	—	—	—	8	—	8
Conversion of Class A Common Stock to Class B Common Stock	—	—	—	—	(37,893,047)	(4)	37,893,047	4	—	—	—	—	—
Net income	—	—	—	—	—	—	—	—	—	89,576	89,576	246	89,822
Balance at September 30, 2025	—	$—	—	$—	174,853,649	$17	37,893,047	$4	$1,369,956	$(202,153)	$1,167,824	$8,736	$1,176,560

Convertible Preferred Stock · Common Stock · Class A Common Stock · Class B Common Stock · Additional Paid-InCapital · Accumulated Deficit · Total Figure Technology Solutions Stockholders’Equity · Noncontrolling Interests in Consolidated Subsidiaries · Total Stockholders’Equity
Shares · Amount · Shares · Amount · Shares · Amount · Shares · Amount
Balance at December 31, 2024	111,900,495	$2	69,300,284	$2	—	$—	—	$—	$675,945	$(320,851)	$355,098	$8,277	$363,375
Vesting of preferred stock warrants	—	—	—	—	—	—	—	—	7,863	—	7,863	—	7,863
Exercise of stock options and warrants	2,010,410	1	1,006,731	—	—	—	—	—	8,736	—	8,737	—	8,737
Stock compensation expense	—	—	—	—	—	—	—	—	22,730	—	22,730	—	22,730
Dividends & redemptions of subsidiaries	—	—	—	—	—	—	—	—	—	—	—	(146)	(146)
Other equity contributions	—	—	—	—	—	—	—	—	—	—	—	100	100
Settlement of restricted stock units	—	—	—	—	297,171	—	—	—	—	—	—	—	—
Issuance and conversion of common stock in connection with initial public offering, net of offering costs and commissions	—	—	(70,307,015)	(2)	98,538,620	10	—	—	654,682	—	654,690	—	654,690
Conversion of convertible preferred stock to common stock in connection with initial public offering	(113,910,905)	(3)	—	—	113,910,905	11	—	—	—	—	8	—	8
Conversion of Class A Common Stock to Class B Common Stock	—	—	—	—	(37,893,047)	(4)	37,893,047	4	—	—	—	—	—
Net income	—	—	—	—	—	—	—	—	—	118,698	118,698	505	119,203
Balance at September 30, 2025	—	$—	—	$—	174,853,649	$17	37,893,047	$4	$1,369,956	$(202,153)	$1,167,824	$8,736	$1,176,560

Convertible Preferred Stock · Common Stock · Additional Paid-InCapital · Accumulated Deficit · Total Figure Technology Solutions Stockholders’Equity · Noncontrolling Interests in Consolidated Subsidiaries · Total Stockholders’Equity
Shares · Amount · Shares · Amount
Balance at June 30, 2024	110,626,501	$2	68,479,148	$2	$648,530	$(353,666)	$294,868	$7,812	$302,680
Issuance of Series E preferred stock, net of issuance costs	1,273,994	—	—	—	12,376	—	12,376	—	12,376
Issuance of preferred stock warrants	—	—	—	—	2,572	—	2,572	—	2,572
Exercise of stock options and warrants	—	—	182,719	—	—	—	—	—	—
Stock compensation expense	—	—	—	—	4,533	—	4,533	—	4,533
Dividends & redemptions of subsidiaries	—	—	—	—	—	—	—	(16)	(16)
Net income	—	—	—	—	—	27,339	27,339	88	27,427
Balance at September 30, 2024	111,900,495	$2	68,661,867	$2	$668,011	$(326,327)	$341,688	$7,884	$349,572

Convertible Preferred Stock · Common Stock · Additional Paid-InCapital · Accumulated Deficit · Total Figure Technology Solutions Stockholders’Equity · Noncontrolling Interests in Consolidated Subsidiaries · Total Stockholders’Equity
Shares · Amount · Shares · Amount
Balance at December 31, 2023	104,575,110		$1		51,618,208			$1			$555,133			$(338,065)			$217,070			$5,353			$222,423
Issuance and exchange of equity	—	—		16,498,104			1			—			—			1			—			1
Issuance of Series E preferred stock, net of issuance costs	7,325,385	1		—		—			71,773			—			71,774			—			71,774
Issuance of preferred stock warrants	—	—		—		—			6,977			—			6,977			—			6,977
Exercise of stock options and warrants	—	—		545,555		—			867			—			867			—			867
Stock compensation expense	—	—		—		—			34,526			—			34,526			—			34,526
Noncontrolling interest investment in subsidiary	—	—		—		—			—			—			—			290			290
Dividends & redemptions of subsidiaries	—	—		—		—			(1,265)			—			(1,265)			(47)			(1,312)
Net income	—	—		—		—			—			11,738			11,738			$2,288			14,026
Balance at September 30, 2024	111,900,495	$2		68,661,867		$2			$668,011			$(326,327)			$341,688			$7,884			$349,572

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.