Earnings Releases·Nov 12, 2026, 6:47 AM ET

Figure Technology Solutions — Third Quarter 2026 Earnings Summary

Net revenue surged 84% year-over-year to $287 million in Q3 2026, while Adjusted EBITDA rose 91% to $164 million, driven by a 135% increase in Loan Marketplace volume to $5.8 billion including $677 million from the Kiavi acquisition.
The company acquired Kiavi on September 1, 2026, adding $8 billion in annual run-rate volume and expanding into Residential Transition Loan and DSCR markets, while actioning $30 million in initial cost synergies.
The Board authorized a $200 million increase to the share repurchase program, raising total authorization to $400 million, and cash balances grew 33% to $1.6 billion as of September 30, 2026.
Q4 2026 guidance sets Loan Marketplace Volume between $6.2 billion and $6.7 billion and Gross Take Rate between 3.1% and 3.4%, following a decline in Q3 take rates to 3.9% gross and 3.5% net.