v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets, Current [Abstract]    
Cash and cash equivalents $ 1,198,141 $ 289,670
Restricted cash 68,637 57,777
Loans held for sale, at fair value 404,337 395,922
Digital assets ($84,867 and $73,942 at fair value) 96,558 75,448
Accounts receivable, net 52,016 20,998
Other current assets 41,518 14,875
Total current assets 1,861,207 854,690
Loan servicing asset, at fair value 113,064 88,497
Marketable securities, at fair value 273,151 163,489
Digital assets, non-current 3,644 9,704
Loan to related parties 0 9,372
Deferred income taxes, net 26,037 0
Other non-current assets 40,420 33,826
Total assets 2,317,523 1,159,578
Current liabilities:    
Accounts payable and accrued liabilities 29,501 37,217
Payables to third-party loan owners 383,772 212,619
Other current liabilities 105,642 70,401
Total current liabilities 846,009 625,531
Debt, non-current 230,143 167,882
Lease liability, non-current 4,173 2,790
Total liabilities 1,080,325 796,203
Stockholders' equity:    
Additional paid-in capital 1,415,804 675,945
Accumulated deficit (186,993) (320,851)
Total Figure Technology Solutions, Inc. stockholders' equity 1,228,834 355,098
Noncontrolling interests in consolidated subsidiaries 8,364 8,277
Total stockholders' equity 1,237,198 363,375
Total liabilities and stockholders' equity 2,317,523 1,159,578
Nonrelated Party    
Current liabilities:    
Debt, current ($100,519 and $— at fair value) 160,959 305,294
Related Party    
Current liabilities:    
Debt, current ($100,519 and $— at fair value) 166,135 0
Convertible Preferred Stock    
Stockholders' equity:    
Preferred stock 0 2
Common Stock    
Stockholders' equity:    
Common stock 0 2
Common Class A    
Stockholders' equity:    
Common stock 19 0
Common Class B    
Stockholders' equity:    
Common stock 4 0
Blockchain Common Stock    
Stockholders' equity:    
Common stock 0 0
Preferred Stock    
Stockholders' equity:    
Preferred stock $ 0 $ 0