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What's in the Offing for FIGR Stock This Earnings Season?
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Key Takeaways
Figure expects Q3 marketplace volume of $4.8-$5.2 billion, supported by July volume of $1.7 billion.
Figure Connect adoption and partner expansion are expected to support revenue growth.
Revenues are projected to grow 60% to $249.49 million, while EPS is expected to decline 8.82% year over year.
Figure Technology Solutions, Inc. (FIGR - Free Report) , a leading blockchain-based capital marketplace, is set to announce its third-quarter 2026 results before the opening bell on Nov. 12. Its quarterly results are likely to reflect year-over-year revenue growth but a decline in earnings per share (EPS).
In the last reported quarter, this New York-based fintech company posted earnings of 37 cents per share, surpassing the Zacks Consensus Estimate of 24 cents. The quarter benefited from robust consumer loan marketplace volume growth, increasing adoption of Figure Connect and expansion of its origination partner network.
In the last four quarters, FIGR’s EPS surpassed the Zacks Consensus Estimate on two occasions, met it once and missed it once, with the average beat being 28.21%. The graph below depicts the surprise history of the company:
Figure Technology Solutions, Inc. Price and EPS Surprise
Factors to Consider Ahead of FIGR’s Upcoming Results
Figure Technology Solutions enters its third-quarter 2026 earnings release with strong momentum in its blockchain-based lending marketplace. In the second quarter, consumer loan marketplace volume surged 132% year over year to $4.3 billion, while adjusted net revenues grew 95% to $218 million. Figure Connect accounted for 65% of marketplace volume, supported by an expanding network of 489 origination partners.
Growing adoption of Figure Connect, faster partner onboarding and expansion into new lending categories are expected to have supported revenue growth. However, the shift toward the lower-take-rate Figure Connect channel and higher interest rates could pressure monetization. Increased financing costs could also weigh on profitability.
For the third quarter, Figure expects consumer loan marketplace volume of $4.8-$5.2 billion, supported by July volume of $1.7 billion. Management anticipates its net take rate near the lower end of the 3.5-4% range.
Projections for FIGR
The Zacks Consensus Estimate for quarterly revenues is currently pegged at $249.49 million. This indicates year-over-year growth of 60%.
Before the third-quarter earnings release, the company’s activities were inadequate to gain analysts’ confidence. The consensus estimate for quarterly earnings per share has remained unrevised at 31 cents over the past two months, suggesting an 8.82% year-over-year decrease.
What Our Quantitative Model Predicts for FIGR
Our proven model does not conclusively predict a surprise in terms of core FFO per share for FIGR this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat, which is not the case here.
FIGR currently carries a Zacks Rank #4 (Sell) and has an Earnings ESP of 0.00%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
View the Zacks #1 Rank List
Image: Bigstock
What's in the Offing for FIGR Stock This Earnings Season?
Key Takeaways
Figure Technology Solutions, Inc. (FIGR - Free Report) , a leading blockchain-based capital marketplace, is set to announce its third-quarter 2026 results before the opening bell on Nov. 12. Its quarterly results are likely to reflect year-over-year revenue growth but a decline in earnings per share (EPS).
In the last reported quarter, this New York-based fintech company posted earnings of 37 cents per share, surpassing the Zacks Consensus Estimate of 24 cents. The quarter benefited from robust consumer loan marketplace volume growth, increasing adoption of Figure Connect and expansion of its origination partner network.
In the last four quarters, FIGR’s EPS surpassed the Zacks Consensus Estimate on two occasions, met it once and missed it once, with the average beat being 28.21%. The graph below depicts the surprise history of the company:
Figure Technology Solutions, Inc. Price and EPS Surprise
Figure Technology Solutions, Inc. price-eps-surprise | Figure Technology Solutions, Inc. Quote
Factors to Consider Ahead of FIGR’s Upcoming Results
Figure Technology Solutions enters its third-quarter 2026 earnings release with strong momentum in its blockchain-based lending marketplace. In the second quarter, consumer loan marketplace volume surged 132% year over year to $4.3 billion, while adjusted net revenues grew 95% to $218 million. Figure Connect accounted for 65% of marketplace volume, supported by an expanding network of 489 origination partners.
Growing adoption of Figure Connect, faster partner onboarding and expansion into new lending categories are expected to have supported revenue growth. However, the shift toward the lower-take-rate Figure Connect channel and higher interest rates could pressure monetization. Increased financing costs could also weigh on profitability.
For the third quarter, Figure expects consumer loan marketplace volume of $4.8-$5.2 billion, supported by July volume of $1.7 billion. Management anticipates its net take rate near the lower end of the 3.5-4% range.
Projections for FIGR
The Zacks Consensus Estimate for quarterly revenues is currently pegged at $249.49 million. This indicates year-over-year growth of 60%.
Before the third-quarter earnings release, the company’s activities were inadequate to gain analysts’ confidence. The consensus estimate for quarterly earnings per share has remained unrevised at 31 cents over the past two months, suggesting an 8.82% year-over-year decrease.
What Our Quantitative Model Predicts for FIGR
Our proven model does not conclusively predict a surprise in terms of core FFO per share for FIGR this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat, which is not the case here.
FIGR currently carries a Zacks Rank #4 (Sell) and has an Earnings ESP of 0.00%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
Stocks To Consider
Some better-ranked stocks from the broader fintech sector are SoFi Technologies, Inc. (SOFI - Free Report) and Pagaya Technologies Ltd. (PGY - Free Report) , each carrying a Zacks Rank of 2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for SOFI's 2026 earnings is pegged at 61 cents per share, having increased 1.7% over the past month.
The consensus estimate for PGY's 2026 earnings is pegged at $3.89 per share, having increased 5.7% over the past month.