FIGURE TECHNOLOGY SOLUTIONS, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $506.9M | $340.9M | $209.5M |
| Cost of Revenue | — | — | — |
| Gross Profit | — | — | — |
| Gross Margin | — | — | — |
| Operating Expenses | |||
| Research & Development | $64.9M | $62.7M | $49.2M |
| SG&A Expense | $132.0M | $104.3M | $58.8M |
| Operating Income | $117.5M | $9.2M | $-49.4M |
| Operating Margin | 23.2% | 2.7% | -23.6% |
| Interest Expense | — | — | — |
| Pretax Income | $113.7M | $22.1M | $-52.3M |
| Income Tax Expense | $-20.6M | $2.2M | $102.0K |
| Net Income | $133.9M | $17.2M | $-47.9M |
| Net Margin | 26.4% | 5.0% | -22.9% |
| EPS (Basic) | $0.54 | $0.00 | $-0.93 |
| EPS (Diluted) | $0.44 | $0.00 | $-0.93 |
| Shares Outstanding (Basic) | 114.4M | 65.0M | 51.3M |
| Shares Outstanding (Diluted) | 141.8M | 72.6M | 51.3M |
| Dividends Per Share | — | — | — |