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Figure Technology Solutions Reports Strong Fourth Quarter 2025 Results; Announces Authorization for $200 Million Share Repurchase Program
NEW YORK, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Figure Technology Solutions (Nasdaq: FIGR; OPEN: FGRS), the leading blockchain-native capital marketplace for the
About this update from Figure Technology Solutions, Inc.
[{"type":"text","content":"NEW YORK, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Figure Technology Solutions (Nasdaq: FIGR; OPEN: FGRS), the leading blockchain-native capital marketplace for the origination, funding, sale and trading of tokenized assets, today announced financial results for the year and quarter ended December 31, 2025. \"We closed the year with strong fourth quarter results, with triple-digit year-over-year growth in Consumer Loan Marketplace volume, increased adoption of Figure Connect, and expanding activity within our blockchain ecosystem. Our momentum reflects the diversity and scalability of our model. Looking ahead, we remain focused on expanding our partner network, deepening our marketplace liquidity, and advancing our blockchain-native infrastructure. This quarter’s strong results demonstrate both the industry tailwinds and our operational execution as we modernize capital markets with blockchain.” - Michael Tannenbaum, CEO Q4 2025 Quarterly Financial Highlights Consumer Loan Marketplace volume was $2.7 billion in the quarter, a 131% increase from the prior year. This included Figure Connect volume of $1.5 billion, up from $1.1 billion in the third quarter of 2025. The Figure Connect platform was launched in June 2024.Net revenue increased 91% year-over-year. Adjusted Net Revenue was $158 million, up 106% from the fourth quarter 2024. The revenue model of Figure Connect is such that less net revenue is captured per unit of volume, but with higher Adjusted EBITDA margins. Net income increased 156% year-over-year to $15 million; net income margin reached 9.4%, up 2 percentage points year-over-year.Adjusted EBITDA increased 426% year-over-year to $81 million; Adjusted EBITDA margin reached 51.6%, up 31 percentage points year-over-year.Cash and cash equivalents, excluding restricted cash and stablecoins, totaled $1.2 billion.Loans held for sale totaled $404 million. Full Year 2025 Financial Highlights Consumer Loan Marketplace volume was $8.4 billion for the year, a 63% increase from the prior year. This included Figure Connect volume of $3.8 billion.Net revenue increased 49% year-over-year. Adjusted Net Revenue was $515 million, up 52% year-over-year.Net income increased 574% year-over-year to $134 million; net income margin reached 26.5%, up 21 percentage points year-over-year.Adjusted EBITDA increased 148% year-over-year to $251 million; A...