Figure Q1 FY26 net income swings to USD 45.05 million; net revenue rises 97.6% to USD 167.01 million
Figure Technology Solutions
Figure Technology Solutions FIGR | 0.00 |
- Figure Technology Solutions posted Q1 2026 net revenue of $167 million, up 97.6% year over year, swinging to net income of $45 million from a loss a year earlier.
- Consumer Loan Marketplace volume more than doubled to $2.9 billion, including Figure Connect volume of $1.6 billion.
- Adjusted EBITDA climbed 191.8% to $83 million, while cash and cash equivalents totaled $1.5 billion.
- Partner ecosystem expanded by a record 80 new partners in quarter to 387 active partners, including Flagstar Bank, with CEO Michael Tannenbaum citing 113% year-over-year growth in the Consumer Loan Marketplace despite significant market volatility.
- Guided Q2 2026 Consumer Loan Marketplace volume at $3.8 billion-$4.1 billion.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Figure Technology Solutions Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605111836PRIMZONEFULLFEED9717917) on May 11, 2026, and is solely responsible for the information contained therein.
