Overview

• US blockchain capital marketplace's Q1 net revenue rose 98% yr/yr, beating analyst expectations

• Net income for Q1 turned positive, reaching $45 mln

• Adjusted EBITDA for Q1 nearly tripled yr/yr

Outlook

• Figure Technology Solutions sees Q2 2026 Consumer Loan Marketplace volume of $3.8 bln to $4.1 bln

Result Drivers

• CONSUMER LOAN MARKETPLACE GROWTH - Q1 Consumer Loan Marketplace volume more than doubled yr/yr, supporting higher net revenue

• BLOCKCHAIN ECOSYSTEM EXPANSION - YLDS and Democratized Prime matched offers both grew about 80% qtr/qtr, contributing to ecosystem volume gains

• PARTNER NETWORK GROWTH - Added a record 80 new partners in Q1, including major lenders, expanding the platform's reach

Company press release: ID:nGNXb8x8j1

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q1 Net Revenue	Beat	$167.007 mln	$158.46 mln (8 Analysts)
Q1 EPS		$0.18
Q1 Net Income		$45.05 mln
Q1 Adjusted EBITDA		$82.70 mln

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the it services & consulting peer group is "buy"

• Wall Street's median 12-month price target for Figure Technology Solutions Inc is $55.00, about 41.1% above its May 11 closing price of $38.97

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