Figure Revenue Climbs 84% to $287.1 Million in Third Quarter

Figure Technology Solutions posted $287.1 million in net revenue for the third quarter of 2026, an 84% increase from a year earlier, as loan marketplace volume and YLDS circulation also grew.

Net income was $89.3 million, down 1% year over year. The year-earlier quarter included a one-time $31 million tax benefit. Adjusted EBITDA reached $163.6 million, up 91% from the prior-year quarter.

Loan marketplace volume totaled $5.8 billion, a 135% year-over-year increase. The total included $677 million from Kiavi, whose acquisition Figure completed Sept. 1.

On Figure’s Prime platform, matched volume was $588 million, borrower demand was $600 million and available lender supply was $825 million. At the end of 2025, those figures were $206 million, $246 million and $213 million, respectively.

Figure’s yield-bearing stablecoin YLDS had $504 million in circulation as of Sept. 30, compared with $328 million at the end of 2025. Twenty-eight participants were using YLDS for transactions on the platform.

As of Sept. 30, Figure had $1.59 billion in cash and cash equivalents and about $100 million in digital assets on its balance sheet. The board increased the company’s share repurchase authorization by $200 million, bringing the total to $400 million. Figure forecast fourth-quarter loan marketplace volume of $6.2 billion to $6.7 billion.