Figure Technology Solutions Q1 net revenue nearly doubles as consumer loan volume surges

Figure Technology Solutions

11/05/2026 23:46

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

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)