| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net income (loss) | 45,047 | 15,078 | 119,203 |
| Gain on servicing asset, net | 12,867 | 13,065 | 11,502 |
| Gain on sale of loans, net | 53,321 | 47,602 | 126,130 |
| Loss (gain) on sale of digital assets | -3,856 | -6,194 | 2,979 |
| Change in fair value of marketable securities | -2,468 | NaN | NaN |
| Loss (income) from fund and equity method investments | -417 | -771 | -475 |
| Interest expense paid in ylds | 8,167 | NaN | NaN |
| Amortization of deferred financing costs | 374 | 288 | 732 |
| Amortization of internally developed software | 4,712 | 3,873 | 12,381 |
| Impairment of internally developed software costs | NaN | 0 | 0 |
| Impairment of digital assets | NaN | 0 | 0 |
| Other asset impairment charge | NaN | 0 | NaN |
| Services exchanged for issuance of warrants | 0 | 1,636 | 7,863 |
| Noncash dissolution of subsidiary | NaN | 0 | NaN |
| Stock-based compensation expense | 25,878 | 39,634 | 22,730 |
| Losses on repurchased loans | -47 | -157 | -2,268 |
| Deferred income taxes, net | NaN | 26,037 | NaN |
| Proceeds from loan sales, net of repurchases | 1,986,508 | 2,018,553 | 4,599,255 |
| Originations of loans held for sale | 1,202,372 | 1,059,034 | 2,561,856 |
| Purchases of loans held for sale | 1,027,603 | 1,048,387 | 2,221,013 |
| Principal payments on loans held for sale | 186,965 | 104,583 | 324,568 |
| Purchases of marketable securities | NaN | NaN | 141,878 |
| Proceeds from sale of marketable securities | NaN | NaN | 0 |
| Principal payments on marketable securities | NaN | NaN | 62,517 |
| Accounts receivable, net | 8,397 | 7,802 | 25,240 |
| Other assets | 2,326 | -26,431 | 54,528 |
| Accounts payable and other liabilities | 4,629 | -81,361 | 42,431 |
| Net cash provided by (used in) operating activities | -37,818 | 13,271 | 49,297 |
| Capitalization of internally developed software costs | 6,436 | 4,572 | 16,077 |
| Investment contributions | NaN | 0 | 2,477 |
| Purchases of digital assets | 1,726 | -4,204 | 9,938 |
| Proceeds from sales of digital assets | 803 | -1,287 | 12,634 |
| Note receivable issued to related parties | NaN | 0 | 0 |
| Payment on note receivable from related parties | NaN | 0 | 0 |
| Distributions from investments | NaN | NaN | 797 |
| Realized losses on futures | NaN | 526 | 5,766 |
| Realized gains (losses) on futures | -1,619 | NaN | NaN |
| Purchases of marketable securities | 51,634 | 102,174 | NaN |
| Principal payments on marketable securities | 18,052 | NaN | NaN |
| Proceeds from sale of marketable securities | NaN | 0 | NaN |
| Deconsolidation of subsidiary | -11,737 | NaN | NaN |
| Principal payments on marketable securities | NaN | 63,907 | NaN |
| Partner prefunding | 13,034 | NaN | NaN |
| Sale of internally developed software | NaN | NaN | 0 |
| Other investing activities | NaN | -797 | NaN |
| Partner prefunding repayment | 10,500 | NaN | NaN |
| Net cash used in investing activities | -53,593 | -40,448 | -20,827 |
| Proceeds from debt-Nonrelated Party | 2,066,896 | 5,886,495 | NaN |
| Proceeds from debt-Related Party | 96,924 | 152,139 | NaN |
| Proceeds from debt | NaN | NaN | 4,169,636 |
| Principal payments on debt-Nonrelated Party | 1,835,081 | 5,953,760 | NaN |
| Principal payments on debt | NaN | NaN | 4,175,300 |
| Principal payments on debt-Related Party | 28,684 | 0 | NaN |
| Payments of deferred financing costs | 217 | -175 | 1,494 |
| Proceeds from issuance of common stock in connection with initial public offering, net of underwriting discounts and commissions | NaN | 0 | 663,443 |
| Proceeds from servicing activity on behalf of third-party loan owners | 68,533 | 44,116 | 123,086 |
| Fees paid in connection with the initial public offering | NaN | 8,761 | NaN |
| Net proceeds from issuance of preferred stock | NaN | 0 | 0 |
| Net changes in customer deposit liabilities | 2,310 | NaN | NaN |
| Distributions to shareholders | 0 | 0 | 0 |
| Common stock repurchase | 9,700 | 0 | NaN |
| Proceeds from exercises of stock options | 8,813 | 4,022 | 8,737 |
| Taxes paid related to net share settlement of equity awards | 8,517 | NaN | NaN |
| Other financing activities | -54 | -262 | 102 |
| Net cash provided by financing activities | 361,223 | 129,828 | 788,210 |
| Net increase in cash, cash equivalents, and restricted cash | 269,812 | 102,651 | 816,680 |
| Cash, cash equivalents, and restricted cash, beginning of period | 1,266,778 | 1,161,713 | 345,033 |
| Cash, cash equivalents, and restricted cash, end of period | 1,536,590 | 1,266,778 | 1,161,713 |
Figure Technology Solutions, Inc. (FIGR)
Figure Technology Solutions, Inc. (FIGR)