Figure Technology Solutions, Inc. balance sheet
At the end of fiscal 2025, Figure Technology Solutions, Inc. had total assets of $2.32bn, total liabilities of $1.08bn and shareholders' equity of $1.23bn. It held $1.20bn in cash against $557m of debt: net cash of $641m.
Balance sheet
| Fiscal year | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|
| Cash and equivalents | 176 | 290 | 1,198 | 1,438 |
| Receivables | — | 21 | 52 | 89 |
| Total current assets | — | 855 | 1,861 | 2,392 |
| Total assets | — | 1,160 | 2,318 | 3,018 |
| Total current liabilities | — | 626 | 846 | 1,285 |
| Short-term debt | — | 305 | — | — |
| Long-term debt | — | 168 | 230 | 316 |
| Total debt | 0 | 475 | 557 | 963 |
| Total liabilities | — | 796 | 1,080 | 1,605 |
| Shareholders' equity | 222 | 355 | 1,229 | 1,413 |
| Net debt (negative = net cash) | −176 | 185 | −641 | −475 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | — | 21 | — | — | 46 | 52 | 65 | 89 |
| Total current assets | — | 855 | — | — | 1,760 | 1,861 | 2,226 | 2,392 |
| Total assets | — | 1,160 | — | — | 2,157 | 2,318 | 2,731 | 3,018 |
| Total current liabilities | — | 626 | — | — | 778 | 846 | 1,173 | 1,285 |
| Short-term debt | — | 305 | — | — | 269 | — | — | — |
| Long-term debt | — | 168 | — | — | 198 | 230 | 262 | 316 |
| Total debt | — | 473 | — | — | 467 | 230 | 262 | 316 |
| Total liabilities | — | 796 | — | — | 980 | 1,080 | 1,439 | 1,605 |
| Shareholders' equity | 350 | 355 | 369 | 404 | 1,168 | 1,229 | 1,292 | 1,413 |
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