Quarterly ResultMay 11, 2026, 07:33 PM
Figure Q1 Net Revenue +98% to $167M; Net Income $45M
AI Summary
Figure Technology Solutions reported strong first-quarter 2026 financial results, with net revenue increasing 98% year-over-year to $167 million and net income reaching $45 million, a significant improvement from a loss in the prior year. The company saw exceptional growth in its Consumer Loan Marketplace volume, up 113% to $2.9 billion, and expanded its blockchain ecosystem with a record 80 new partners. Figure also provided Q2 2026 guidance for Consumer Loan Marketplace volume between $3.8 billion and $4.1 billion.
Key Highlights
- Net revenue increased 98% year-over-year to $167 million.
- Net income reached $45 million, up from a loss of $0.613 million in Q1 2025.
- Adjusted EBITDA grew 192% year-over-year to $83 million.
- Consumer Loan Marketplace volume rose 113% to $2.9 billion.
- Ecosystem Volume increased 135.8% to $3.72 billion.
- Added a record 80 new partners, including Flagstar Bank.
- Q2 2026 Consumer Loan Marketplace Volume guidance is $3.8 - $4.1 billion.