v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 1,437,511 $ 1,198,141
Restricted cash 95,887 68,637
Loans held for sale, at fair value 597,400 404,337
Digital assets ($50,353 and $84,867 at fair value) 62,185 96,558
Accounts receivable, net 88,527 52,016
Other current assets 110,466 41,518
Total current assets 2,391,976 1,861,207
Loan servicing asset, at fair value 155,024 113,064
Marketable securities, at fair value 354,007 273,151
Digital assets, non-current 1,311 3,644
Deferred income taxes, net 56,823 26,037
Other non-current assets 58,547 40,420
Total assets 3,017,688 2,317,523
Current liabilities:    
Accounts payable and accrued liabilities 58,215 29,501
Payables to third-party loan owners 506,686 383,772
Other current liabilities 73,078 105,642
Total current liabilities 1,285,124 846,009
Debt, non-current 315,850 230,143
Lease liability, non-current 3,604 4,173
Total liabilities 1,604,578 1,080,325
Stockholders' equity:    
Preferred stock — $0.0001 par value per share: 100,000,000 shares authorized, no shares issued and outstanding at June 30, 2026 and December 31, 2025 0 0
Treasury stock, at cost (27,775) 0
Additional paid-in capital 1,495,236 1,415,804
Accumulated deficit (54,347) (186,993)
Total Figure Technology Solutions, Inc. stockholders' equity 1,413,137 1,228,834
Noncontrolling interests in consolidated subsidiaries (27) 8,364
Total stockholders' equity 1,413,110 1,237,198
Total liabilities and stockholders' equity 3,017,688 2,317,523
Nonrelated Party    
Current liabilities:    
Debt, current ($120,105 and $100,519 at fair value) 222,505 160,959
Related Party    
Current liabilities:    
Debt, current ($120,105 and $100,519 at fair value) 424,640 166,135
Common Class A    
Stockholders' equity:    
Common stock 18 19
Common Class B    
Stockholders' equity:    
Common stock 4 4
Blockchain Common Stock    
Stockholders' equity:    
Common stock $ 1 $ 0