Quarterly ResultMay 12, 2026, 06:08 AM
Figure Technology Solutions Q1 Net Income $45M, Revenue +98%
AI Summary
Figure Technology Solutions reported strong first-quarter 2026 financial results, with net income reaching $45 million and net revenue increasing 98% year-over-year to $167 million. The company achieved record Consumer Loan Marketplace volume of $2.9 billion, a 113% increase from the prior year, and expanded its partner ecosystem by adding 80 new partners. Adjusted EBITDA grew 192% year-over-year to $83 million, with a margin of 49.6%. The company also provided Q2 2026 guidance for Consumer Loan Marketplace volume between $3.8 billion and $4.1 billion.
Key Highlights
- Net income reached $45 million, up from $(0.6) million in Q1 2025.
- Net revenue was $167 million, a 98% increase year-over-year.
- Consumer Loan Marketplace volume grew 113% year-over-year to $2.9 billion.
- Adjusted EBITDA increased 192% year-over-year to $83 million, with a 49.6% margin.
- Added a record 80 new partners in Q1 2026, expanding the ecosystem to 387 active partners.
- Q2 2026 Consumer Loan Marketplace volume guidance is $3.8 billion to $4.1 billion.
- Cash and cash equivalents, excluding restricted cash, totaled $1.5 billion.
- Ecosystem Volume increased 135.8% year-over-year to $3.72 billion.
Price Impact
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