Sales up 48.7%
The latest figures
All key numbers (32) From EDGAR
| EPS (ttm) | 0.93 | Sales (ttm) | 708.9M | Net income (ttm) | 237.1M | Sales growth | +48.7% | EPS growth | - | Sales Q/Q | +113% |
| Free cash flow | - | Gross margin | - | Oper. margin | 28.4% | Net margin | 33.5% | FCF margin | - | ROE | 16.8% |
| ROA | 7.9% | R&D / sales | 12.8% | Dividend | - | Debt/Eq | 0.68 | Curr. ratio | 1.86 | Cash | 1.4B |
| Op. cash flow (ttm) | -86.5M | Net debt | -474.5M | Quick ratio | 1.86 | Interest cover | 2.36 | ROIC | 5.8% | Tax rate | -18.1% |
| Stock pay / sales | 12.3% | Shares out. | 247.0M | Shares Y/Y | -2.4% | Book / share | 5.72 | Cash / share | 5.82 | Sales / share | 2.87 |
| Asset turnover | 0.23 | Days sales out. | 37 |
Hover or tap a number to see the XBRL line item and filing it comes from; click it to open that filing at SEC. What each number means. Looks wrong? Tell us.
Changes in the numbers
FY2025 against FY2024-
Revenue growth slowed to +48.7%+62.7% → +48.7% · Revenue FY2025 / revenue FY2024 − 1, against the same a year earlier · 10-K ↗
-
Operating margin widened to 23.2%2.7% → 23.2% · Operating income / revenue · 10-K ↗
FIGR against Crypto peers
Ten years, side by side → · All 32 →Each side 0 to 100, ranked against every company we cover: relative position on reported figures, not a buy score. How
Every dot is one of the 32 companies, the better end on the right. Hover a dot for the company.
| Company | Revenue (ttm) | Sales growth | Gross margin | Net margin | ROE | FCF margin | Debt / equity |
|---|---|---|---|---|---|---|---|
| FIGR Figure Technology Solutions | $708.9M | +48.7% | - | 33.5% | 16.8% | - | 0.68 |
| MARA MARA Holdings | $716.0M | +38.2% | - | -411.2% | -125.1% | -170.1% | 1.28 |
| CLSK CleanSpark | $679.2M | +102% | 55.2% | -146.9% | -131.1% | -91.3% | 2.34 |
| RIOT Riot Platforms | $675.7M | +71.9% | - | -210.8% | -66.7% | -133.3% | 0.31 |
| CORZ Core Scientific | $592.1M | -37.5% | 41.2% | -18.3% | - | -223.0% | - |
| MSTR Strategy | $495.1M | +3.0% | 67.8% | - | -24.6% | -2.2% | 0.12 |
Profitability
2 of 3- ✓Net margin above the peer median33.5% vs -169.8%
- ✓Return on equity above 15%16.8%
- !A profit in 2 of 3 years
Each tick is a fact with a fixed rule (on /methodology), not a score or advice. A check without the numbers it needs is left out.
Revenue and net income, FY2023 to FY2025
Revenue 506.9M Net income 133.9MFrom XBRL in each 10-K. Hover a bar for the line item and filing. Full financials →
Income statement, balance sheet and cash flow
FIGR's income statement, balance sheet and cash flow as reported to the SEC in XBRL, one column per fiscal year. Hover a number to see the line item and filing it comes from. Where a company changed how it tags a line, the first tag it reported for that period is used. A number looks wrong? Tell us.
Revenue by product or service
year to Dec 31, 2025| Revenue | Share | vs year before | |
|---|---|---|---|
| Ecosystem and Technology Fees Including Program Fees | 120.8M | 23.8% | +327% |
| Ecosystem and Technology Fees | 107.5M | 21.2% | +429% |
| Ecosystem Fees | 56.8M | 11.2% | +46471% |
| Technology Offering Fees | 50.6M | 10.0% | +151% |
| Program Fees | 13.3M | 2.6% | +66.7% |
10-K 0002064124-26-000009, segment and revenue notes (XBRL).
Income statement
From EDGAR| FY2023 | FY2024 | FY2025 | |
|---|---|---|---|
| Revenue | 209.5M | 340.9M | 506.9M |
| R&D | 49.2M | 62.7M | 64.9M |
| SG&A | 58.8M | 104.3M | 132.0M |
| Operating income | -49.4M | 9.2M | 117.5M |
| Interest expense | 44.8M | 55.1M | 49.9M |
| Pretax income | -52.3M | 22.1M | 113.7M |
| Income tax | 102K | 2.2M | -20.6M |
| Net income | -47.9M | 17.2M | 133.9M |
| EPS (diluted) | -0.93 | 0.00 | 0.44 |
| Diluted shares | 51.3M | 72.6M | 141.8M |
| Operating margin | -23.6% | 2.7% | 23.2% |
| Net margin | -22.9% | 5.0% | 26.4% |
| Revenue growth | - | +62.7% | +48.7% |
Balance sheet
From EDGARCash flow
From EDGARStock-based pay and leases
From EDGARFrom SEC's XBRL company facts (data.sec.gov). EBITDA = operating income + depreciation and amortization; free cash flow = operating cash flow - capital spending; total debt = long-term debt (with its current part) + short-term borrowings. Stock-based pay and leases are shown as the company reports them; Tickdelta does not take them out of earnings or add leases to debt. Click a number to open the filing in SEC's Inline XBRL viewer, where you can click the same number to see how it is tagged. Values a company later revised show as revised; the Revised numbers tab lists the changes.