FIGR Stock Analysis: Figure Technology | NASDAQ
Capital Markets | NASDAQ, USA | Market Cap: 7.498m USD | 12M Return: -4.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 135M
Rev. Trend: 100.0%
Warnings
Tailwinds
No distinct edge detected
Seasonality 0.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Figure Technology Solutions, Inc. (NASDAQ: FIGR) is a U.S.-based financial technology company that delivers blockchain-based products across lending, trading, and investing, with a focus on consumer credit and digital assets. Its offerings include a technology-enabled loan origination system paired with a distribution marketplace, Figure Connect (which connects borrowers to capital markets partners), and a digital assets and credit exchange featuring interest-bearing stablecoin deposits. The company was founded in 2018, is headquartered in Reno, Nevada, completed its IPO in September 2025, and was previously known as FT Intermediate, Inc. before rebranding in August 2025.
Within the broader fintech sector, Figure operates at the intersection of traditional financial services and blockchain infrastructure, an area where lenders and asset originators are increasingly using distributed ledger technology to streamline settlement, recordkeeping, and secondary market trading. The company is classified under the GICS Information Technology sector (IT Consulting & Other Services sub-industry), reflecting its technology-platform orientation rather than its role as a bank or traditional lender.
- Blockchain loan origination volume growth drives core revenue
- Stablecoin deposits and digital asset exchange fees expand rapidly
- Crypto regulation and interest rate shifts shape product margins
- Figure Connect capital markets partnerships scale loan distribution
| Net Income: 179.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: -1.39 > 0.02 and ΔFCF/TA -118.6 > 1.0 |
| NWC/Revenue: 188.4% < 20% (prev 86.85%; Δ 101.5% < -1%) |
| CFO/TA -1.38 > 3% & CFO -3.78b > Net Income 179.6m |
| Net Debt (-138.2m) to EBITDA (221.3m): -0.62 < 3 |
| Current Ratio: 2.10 > 1.5 & < 3 |
| Outstanding Shares: last quarter (248.8m) vs 12m ago 20.12% < -2% |
| Gross Margin: 90.01% > 18% (prev 91.64%; Δ -1.62% > 0.5%) |
| Asset Turnover: 30.36% > 50% (prev 20.38%; Δ 9.98% > 0%) |
| Interest Coverage Ratio: 3.73 > 6 (EBIT TTM 204.3m / Interest Expense TTM 54.8m) |
| A: 0.43 (Total Current Assets 2.23b - Total Current Liabilities 1.06b) / Total Assets 2.73b |
| B: -0.05 (Retained Earnings -142.0m / Total Assets 2.73b) |
| C: 0.10 (EBIT TTM 204.3m / Avg Total Assets 2.04b) |
| D: 0.90 (Book Value of Equity 1.29b / Total Liabilities 1.44b) |
| Altman-Z'' = 4.25 = AA |
As of July 08, 2026, the stock is trading at USD 31.05 with a total of 2,410,960 shares traded. Over the past week, the price has changed by +14.68%, over one month by +11.43%, over three months by +0.89% and over the past year by -4.48%.
Current recommended Stop Loss: 28.00 (which is 9.8% or 1.3 ATR below the current price).
Figure Technology has no consensus analysts rating.
P/E Trailing = 41.3537
P/S = 14.6909
P/B = 5.5907
Revenue TTM = 620.2m USD
EBIT TTM = 204.3m USD
EBITDA TTM = 221.3m USD
Long Term Debt = 262.2m USD (from longTermDebt, last quarter)
Short Term Debt = 1.06b USD (from shortTermDebt, last quarter)
Debt = 1.33b USD (from shortLongTermDebtTotal, last quarter) + Leases 3.89m
Net Debt = -138.2m USD (calculated: Debt 1.33b - CCE 1.46b)
Enterprise Value = 7.36b USD (7.50b + Debt 1.33b - CCE 1.46b)
Interest Coverage Ratio = 3.73 (Ebit TTM 204.3m / Interest Expense TTM 54.8m)
EV/FCF = -1.94x (Enterprise Value 7.36b / FCF TTM -3.79b)
FCF Yield = -51.55% (FCF TTM -3.79b / Enterprise Value 7.36b)
FCF Margin = -611.7% (FCF TTM -3.79b / Revenue TTM 620.2m)
Net Margin = 28.96% (Net Income TTM 179.6m / Revenue TTM 620.2m)
Gross Margin = 90.01% ((Revenue TTM 620.2m - Cost of Revenue TTM 61.9m) / Revenue TTM)
Gross Margin QoQ = 87.16% (prev 88.72%)
Tobins Q-Ratio = 2.69 (Enterprise Value 7.36b / Total Assets 2.73b)
Interest Expense / Debt = 4.13% (Interest Expense 54.8m / Debt 1.33b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 161.4m (EBIT 204.3m * (1 - 21.00%))
Current Ratio = 2.10 (Total Current Assets 2.23b / Total Current Liabilities 1.06b)
Debt / Equity = 1.03 (Debt 1.33b / totalStockholderEquity, last quarter 1.29b)
Debt / EBITDA = -0.62 (Net Debt -138.2m / EBITDA 221.3m)
Debt / FCF = 0.04 (negative FCF - burning cash) (Net Debt -138.2m / FCF TTM -3.79b)
Total Stockholder Equity = 1.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.79% (Net Income 179.6m / Total Assets 2.73b)
RoE = 17.59% (Net Income TTM 179.6m / Total Stockholder Equity 1.02b)
RoCE = 15.92% (EBIT 204.3m / Capital Employed (Equity 1.02b + L.T.Debt 262.2m))
RoIC = 5.98% (NOPAT 161.4m / Invested Capital 2.70b)
WACC = 14.02% (E(7.50b)/V(8.82b) * Re(15.92%) + D(1.33b)/V(8.82b) * Rd(4.13%) * (1-Tc(0.21)))
Discount Rate = 15.92% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 52.30 | Cagr: 9.60%
[DCF] Fair Price = unknown (Cash Flow -3.79b)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 99.99 | Revenue CAGR: 65.52% | SUE: N/A | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.30 | Chg30d=-2.44% | Revisions=+29% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.31 | Chg30d=+3.57% | Revisions=+17% | Analysts=3
EPS current Year (2026-12-31): EPS=1.19 | Chg30d=+0.36% | Revisions=+57% | GrowthEPS=-19.3% | GrowthRev=+61.5%
EPS next Year (2027-12-31): EPS=1.43 | Chg30d=+3.86% | Revisions=+57% | GrowthEPS=+20.8% | GrowthRev=+19.9%
[Analyst] Revisions Ratio: +61% (up=13, down=2)