Valuation Update With 7 Day Price Move • 9h
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to US$34.38, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 8x in the Consumer Finance industry in the US. Simply Wall St's valuation model estimates the intrinsic value at US$15.32 per share. Recent Insider Transactions Derivative • May 17
Chief Capital Officer exercised options and sold US$1.4m worth of stock On the 14th of May, David Stevens exercised 39k options at a strike price of around US$4.82 and sold these shares for an average price of US$41.98 per share. This trade did not impact their existing holding. Since September 2025, David's direct individual holding has decreased from 612.50k shares to 414.29k. Company insiders have collectively sold US$164m more than they bought, via options and on-market transactions in the last 12 months. ライブニュース • May 17
Figure Technology Solutions Reports Record Revenue Surge and Announces US$200 Million Buyback Figure Technology Solutions reported a record Q4 with higher revenue, loan volume, and adjusted EBITDA, while attributing its earnings miss largely to non-recurring stock-based compensation.
The company described revenue growth of 47.6% over the last year and referenced a forecasted annual growth rate of 28.9% while it advances its blockchain-native, capital-light marketplace model.
Figure announced a US$200m share repurchase program and expanded its reach through partnerships with LoanDepot in home loans and Agora Data in tokenized auto loans, while analysts maintained positive ratings with price targets in the US$43 to US$55 range.
The combination of strong reported operating metrics, a capital-light marketplace focus, and active partnerships suggests management is leaning into scale and efficiency while using buybacks as an additional capital allocation tool.
Investors may want to weigh the analyst optimism and repurchase plan against the recent 26% share price decline and the role of stock-based compensation in the latest earnings miss. Reported Earnings • May 12
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: EPS: US$0.21 (up from US$0.017 loss in 1Q 2025). Revenue: US$167.0m (up 146% from 1Q 2025). Net income: US$44.9m (up US$45.8m from 1Q 2025). Profit margin: 27% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 9.1%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Consumer Finance industry in the US. お知らせ • Apr 28
Figure Technology Solutions, Inc., Annual General Meeting, Jun 04, 2026 Figure Technology Solutions, Inc., Annual General Meeting, Jun 04, 2026. お知らせ • Apr 22
Figure Technology Solutions, Inc. to Report Q1, 2026 Results on May 11, 2026 Figure Technology Solutions, Inc. announced that they will report Q1, 2026 results at 4:30 PM, US Eastern Standard Time on May 11, 2026 Recent Insider Transactions Derivative • Apr 17
Co-Founder & Executive Chairman notifies of intention to sell stock Michael Cagney intends to sell 68k shares in the next 90 days after lodging an Intent To Sell Form on the 15th of April. If the sale is conducted around the recent share price of US$35.62, it would amount to US$2.4m. Since September 2025, Michael's direct individual holding has increased from 37.89m shares to 44.41m. Company insiders have collectively sold US$162m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions Derivative • Mar 24
Chief Capital Officer exercised options and sold US$1.0m worth of stock On the 19th of March, David Stevens exercised 38k options at a strike price of around US$4.82 and sold these shares for an average price of US$31.85 per share. This trade did not impact their existing holding. Since September 2025, David's direct individual holding has decreased from 612.50k shares to 447.52k. Company insiders have collectively sold US$162m more than they bought, via options and on-market transactions in the last 12 months. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to US$31.50, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 9x in the Consumer Finance industry in the US. Simply Wall St's valuation model estimates the intrinsic value at US$13.16 per share. New Risk • Feb 28
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risk Significant insider selling over the past 3 months (US$11m sold). Reported Earnings • Feb 27
Full year 2025 earnings released Full year 2025 results: EPS: US$1.17. Revenue: US$506.9m (up 73% from FY 2024). Net income: US$133.9m (up US$133.9m from FY 2024). Profit margin: 26% (up from 0% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Consumer Finance industry in the US. お知らせ • Feb 27
Figure Technology Solutions, Inc. (NasdaqGS:FIGR) announces an Equity Buyback for $200 million worth of its shares. Figure Technology Solutions, Inc. (NasdaqGS:FIGR) announces a share repurchase program. Under the program, the company will repurchase up to $200 million worth of its shares. The program will be valid till February 27, 2027. お知らせ • Feb 18
Figure Technology Solutions, Inc. has completed a Follow-on Equity Offering in the amount of $150 million. Figure Technology Solutions, Inc. has completed a Follow-on Equity Offering in the amount of $150 million.
Security Name: Class A Common Stock
Security Type: Common Stock
Securities Offered: 4,687,500
Price\Range: $32
Discount Per Security: $0.96 お知らせ • Feb 13
Figure Technology Solutions, Inc. Provides Preliminary Unaudited Financial Results for the Fourth Quarter and Full Year Ended December 31, 2025 Figure Technology Solutions, Inc. provided preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2025. For the quarter, the company expects net revenue of $158.0 million to $162.0 million, and GAAP Net Income of $12.5 million to $13.5 million.
Full Year 2025, the company expects net revenue of $505.0 million to $509.0 million, and GAAP Net Income of $131.5 million to $132.5 million. お知らせ • Jan 27
Figure Technology Solutions, Inc. to Report Q4, 2025 Results on Feb 26, 2026 Figure Technology Solutions, Inc. announced that they will report Q4, 2025 results After-Market on Feb 26, 2026 Board Change • Dec 31
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Independent Director Sachin Jaitly is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Recent Insider Transactions Derivative • Dec 11
Co-Founder & Executive Chairman notifies of intention to sell stock Michael Cagney intends to sell 200k shares in the next 90 days after lodging an Intent To Sell Form on the 10th of December. If the sale is conducted around the recent share price of US$39.75, it would amount to US$8.0m. Since September 2025, Michael's direct individual holding has increased from 37.89m shares to 44.02m. Company insiders have collectively sold US$146m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Dec 05
CEO & Director recently sold US$5.3m worth of stock On the 3rd of December, Michael Tannenbaum sold around 150k shares on-market at roughly US$35.16 per share. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$36m. Michael has been a net seller over the last 12 months, reducing personal holdings by US$45m. お知らせ • Dec 05
Figure Technology Solutions, Inc. and Leading Crypto Partners Launch RWA Consortium for Onchain Finance on Solana Figure Technology Solutions, Inc. announced the launch of an RWA consortium, a landmark coalition that will expand access to Figure's more than $1 billion in monthly on-chain loan originations, starting on Solana. The consortium represents a coordinated effort by leading crypto platforms to support and drive adoption of PRIME, the liquid staking token built on the Hastra liquidity protocol, developed in partnership with Figure and the Provenance Blockchain Foundation. PRIME is powered by the Democratized Prime decentralized lending protocol on the Provenance Blockchain, which allows users to lend against pools of tokenized Figure RWA loans. Through this coalition, everyday DeFi users can now access institutional-grade yields previously reserved for banks and accredited investors. The RWA Consortium builds on Figure's vision to bring capital markets on-chain, a goal most recently reinforced during its IPO and the expansion of its RWA ecosystem across multiple blockchains. By extending beyond the Provenance Blockchain to integrate with Layer 1 networks like Solana, Figure is partnering with Hastra to leverage Chainlink CCIP to power the cross-chain interoperability needed for a connected, multi-chain finance ecosystem. With over $19 billion in on-chain loan originations to date and a 70% market share in the RWA private credit, Figure is uniquely positioned to bridge traditional credit markets with DeFi. This initiative follows the recent debut of Hastra, a liquidity protocol incubated by Figure and Provenance Blockchain that allows the yields generated in Democratized Prime to reach decentralized finance, with all Hastra yield products secured by the Chainlink data standard. Hastra acts as a distribution layer for that yield, while PRIME, a new liquid staking product built on top of Hastra, lets users amplify their earnings and keep assets liquid. Unlike protocols offering synthetic yields or single-asset exposure, Democratized Prime lenders earn yield by lending against pools of onchain RWA, including Figure's signature HELOC product. Figure's HELOCs have a proven origination history and real cash flows from borrower payments. As a publicly-traded company, Figure brings institutional-grade compliance and transparency to DeFi yields. In addition to product integrations, the consortium will focus on community engagement, education, and adoption through reward programs and events. The initiative will also host an RWA experience at Solana Breakpoint to highlight new real-world yield opportunities for users and developers. The Consortium will make its physical debut at Solana Breakpoint with a day-long, thought-leadership event titled DeFi Desert. The formation of the RWA Consortium reinforces Figure's multi-chain strategy and leadership in RWA tokenization. With its position as the dominant player in blockchain-based lending, Figure is shaping the infrastructure for a $185+ billion market in tokenized real-world assets. Users can access PRIME tokens at hastra.io and participate in borrow-lend markets through Kamino Finance at Kamino Finance at Kamino.com/assets/prime. Recent Insider Transactions • Nov 21
CEO & Director recently sold US$36m worth of stock On the 18th of November, Michael Tannenbaum sold around 908k shares on-market at roughly US$39.19 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months. お知らせ • Nov 18
Figure Technology Solutions, Inc. has filed a Follow-on Equity Offering. Figure Technology Solutions, Inc. has filed a Follow-on Equity Offering.
Security Name: Series A Common Stock
Security Type: Common Stock Reported Earnings • Nov 16
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: US$0.86 (up from US$0.34 in 3Q 2024). Revenue: US$156.4m (up 129% from 3Q 2024). Net income: US$89.6m (up 446% from 3Q 2024). Profit margin: 57% (up from 24% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 31%. Earnings per share (EPS) also surpassed analyst estimates by 119%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Finance industry in the US. お知らせ • Oct 21
Figure Technology Solutions, Inc. to Report Q3, 2025 Results on Nov 13, 2025 Figure Technology Solutions, Inc. announced that they will report Q3, 2025 results at 4:30 PM, US Eastern Standard Time on Nov 13, 2025 お知らせ • Oct 15
Figure Launches AI-Powered DSCR Loan Platform Figure announced the launch of its AI-powered Debt Service Coverage Ratio (DSCR) loan platform, expanding its blockchain-based capital marketplace into one of the fastest-growing -- and most underserved -- segments of housing finance. As competition intensifies and demand for efficiency rises, the new platform brings end-to-end automation to a process long defined by manual review and delays. West Capital and Axen are among Figure's first partners to embed its DSCR product. With Figure's solution, investors have access to flexible capital for investment properties, qualifying based on property cash flow instead of personal income. By leveraging AI and blockchain to streamline underwriting and funding, Figure's DSCR platform helps investors save both time and cost, allowing them to focus on portfolio expansion. Funding in days, not weeks, along with lower costs With Figure, lenders can now process and close DSCR loans with unprecedented speed. Where traditional DSCR loans take 21 to 30 days on average and traditional banks can take 45+ days, Figure may be able to reduce processing time by 80% or more --with funding in as few as 5 days. From application to funding, AI-powered workflows eliminate manual steps, streamlining every stage of the process. Figure's automation cuts origination costs by up to 80%, at a time when industry costs have jumped 35% to more than $10,000 per loan -- leaving many lenders losing over $600 per transaction. By automating manual tasks, lenders can serve more clients at competitive borrower-paid commissions (up to 4%) while protecting their margins - and gain access to competitive pricing that makes DSCR loans more attractive to offer at scale. Meeting the moment: As homeownership becomes increasingly out of reach for many, strong rental market trends point to growing demand for investment property financing. DSCR-backed loans grew from 22% to 50% of all non-QM mortgage-backed securitizations between 2019 and 2022, with over $2 billion originated in January 2025 alone. With its DSCR loan platform, Figure is giving brokers, lenders, and investors the tools to capture this opportunity -- making property investment faster, easier, and more accessible. Extending the power of Figure's platform: For existing partners like banks, mortgage companies and credit unions, Figure's platform leverages the same easy web-based and API-based integrations. They can now offer DSCR loans to businesses, families and individuals building wealth through real estate, while benefiting from speed, fraud protection, and efficiency. For "mom and pop" investors with five or fewer properties, Figure already provides HELOCs based on personal income instead. With the addition of DSCR loans, these investors now have another powerful option -- qualifying based on personal income instead. Key features include: Proprietary technology that replaces manual underwriting reviews; AI and advanced Optical Character Recognition (OCR) automate complex document reviews; Automated Valuation Models (AVM) for DSCR refi loans under $400,000; Proprietary rental income verification models to accelerate approvals. Recent Insider Transactions Derivative • Sep 14
Co-Founder exercised options and sold US$38m worth of stock On the 12th of September, June Ou exercised options to acquire 2m shares at no cost and sold these for an average price of US$25.00 per share. This trade did not impact their existing holding. June currently holds 10.60m shares (0.0508194440719719 of the company). Company insiders have collectively sold US$38m more than they bought, via options and on-market transactions in the last 12 months. お知らせ • Sep 11
Figure Technology Solutions, Inc. has completed an IPO in the amount of $787.5 million. Figure Technology Solutions, Inc. has completed an IPO in the amount of $787.5 million.
Security Name: Class A Common Stock
Security Type: Common Stock
Securities Offered: 31,500,000
Price\Range: $25
Transaction Features: Reserved Share Offering; Sponsor Backed Offering 