Figure Technology Solutions, Inc. Class A Common Stock Q3 2025 Earnings Recap

Figure Technology Solutions reported a robust third quarter, achieving significant growth in adjusted EBITDA and net income while expanding its loan volume and marketplace efficiency.

Key Takeaways

• Adjusted EBITDA surged 75% year-over-year to $86 million, with an impressive EBITDA margin of 55%.
• Total consumer loan marketplace volume reached nearly $2.5 billion, marking a 70% year-over-year increase, driven by expansion in origination partnerships.
• First lien lending volumes nearly tripled year-over-year, highlighting rapid adoption of the Figure Connect platform for faster and more cost-effective funding.
• New product categories contributed over $80 million in volume, enhancing scalability and diversifying growth avenues for the company.
• Transitioning to a fee-based model has allowed partners to access capital market liquidity directly, significantly increasing efficiency and profitability.