Figure Technology Solutions Posts Revenue Beat but EPS Miss; Shares Slide About 20%
February 28 2026 – Cointelegraph – Figure Technology Solutions (NASDAQ: FIGR), the blockchain‑powered consumer‑lending marketplace, reported mixed fourth‑quarter results on Tuesday. While top‑line revenue outperformed analysts’ forecasts, earnings per diluted share fell short, prompting a sharp sell‑off in the stock.
Quarter‑end numbers
| Metric (Q4 2025) | FY 2025 | Prior‑year (Q4 2024) |
|---|---|---|
| Revenue | $159.9 million | $83.9 million |
| Net income | $15.1 million | $5.9 million |
| Diluted EPS | $0.06 | $0.00 |
| Consumer‑loan marketplace volume | $2.7 billion | $1.2 billion |
| Full‑year revenue | $506.9 million | $340.9 million |
| Full‑year net income | $134.3 million | $19.9 million |
Analysts surveyed by Yahoo Finance had expected Q4 revenue of $157.7 million and EPS of $0.18. Figure’s revenue modestly beat the consensus, but the $0.06 EPS figure missed the estimate by $0.12.
Market reaction
Following the earnings release, FIGR shares dropped roughly 20% in early trading, settling around $27.12. The decline reflects investors’ disappointment with the earnings miss despite the robust top‑line growth.
Operational highlights
- Loan activity acceleration – The platform’s “Consumer Loan Marketplace” volume more than doubled year‑over‑year, rising to $2.7 billion. The surge was driven by higher loan origination and secondary‑market trading on Figure’s blockchain infrastructure.
- Profitability gains – Net income rose nearly three‑fold versus the same quarter last year, underscoring the company’s ability to convert growing loan volume into earnings.
- Share‑repurchase program – Figure announced a $200 million buy‑back authorization, giving the firm flexibility to support the share price and return capital to shareholders over the next 12 months.
Context within the crypto‑linked equity space
Figure’s post‑IPO trajectory mirrors the broader pattern seen among crypto‑adjacent public companies. After a strong debut on the Nasdaq in September 2025—where the stock opened at $25 and briefly touched $74 in January—FIGR, along with peers such as Gemini Space Station (GEMI) and Circle (CRCL), has been navigating heightened volatility as the overall crypto market retreated from its late‑2025 rally.
Analyst perspective
- Revenue growth remains the primary positive, driven by expanding loan origination on the blockchain platform.
- EPS miss suggests that cost pressures, including higher technology and compliance expenditures, are eroding margins faster than anticipated.
- Buy‑back could provide a floor for the stock, but the immediate market reaction indicates that investors are weighing short‑term earnings shortfalls more heavily than long‑term growth prospects.
Key takeaways
- Revenue beat: $159.9 M vs. $157.7 M consensus, reflecting strong demand for blockchain‑enabled consumer lending.
- EPS miss: $0.06 reported vs. $0.18 expected, driving the 20% share‑price decline.
- Loan volume up 125% YoY: $2.7 B of loans originated and traded, signaling increasing adoption of Figure’s platform.
- Full‑year profitability jump: Net income surged to $134.3 M, up from $19.9 M a year earlier.
- $200 M share‑repurchase: Company authorized a sizable buy‑back to bolster shareholder value.
Figure Technology Solutions appears to be solidifying its position in the nascent on‑chain lending space, yet the market is signaling that near‑term earnings performance will remain a critical barometer for valuation. Investors will likely watch upcoming guidance and the execution of the buy‑back program closely as the firm navigates an increasingly competitive fintech and crypto landscape.
Source: https://cointelegraph.com/news/figure-technology-solutions-stock-post-earnings?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound
