The lending business has seen a significant rise, and the blockchain asset company Figure's Q3 financial report is impressive, with its stock price soaring by 16.22% +.

Blockchain asset and fintech company Figure Technology Solutions, Inc. (FIGR) announced its third quarter financial report for 2025 on Monday, showcasing strong growth momentum and profitability. The financial data exceeded market expectations, triggering a strong reaction from investors, with pre-market stock prices soaring 16.22%, currently reaching $42 per share.

Financial Report Highlights and Performance Overview

Figure Technology's third quarter performance exceeded market expectations, becoming the focus of investors' attention. The financial report shows:

Revenue: 156.37 million USD, up 42% year-over-year.

Earnings per share (EPS): $0.34, exceeding analysts' expectations.

Adjusted EBITDA: 86 million USD, an annual increase of 75%.

Adjusted EBITDA profit margin: 55.4%, higher than last year's 44.9%.

Total transaction volume of the consumer loan market: nearly 2.5 billion USD, a growth of 70% compared to last year.

Figure Technology's earnings per share (EPS) for the third quarter was $0.34, surpassing analyst expectations, with revenue reaching $156.37 million, an increase of 42% compared to the same period last year. Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) reached $86 million, a year-on-year growth of 75%, with the EBITDA margin improving from 44.9% last year to 55.4%, indicating the company's ongoing optimization in cost control and operational efficiency. In terms of net profit, Figure achieved nearly $90 million this quarter, more than tripling compared to the same period last year, highlighting the effectiveness of its core strategy.

The company emphasized that the total transaction volume of the consumer loan market in the third quarter approached 2.5 billion dollars, a year-on-year increase of 70%, making it the main driver of this financial report's bright performance. This growth is attributed to the expansion of the network of loan origination partners and the increasing application of the Figure Connect platform in liquidity provision.

Figure stock price increased by 16.22 %

Stimulated by the positive news from the financial report, Figure's stock price surged 16.22% in pre-market trading, reaching $42, indicating that investors highly recognize the company's financial condition and future growth prospects. Compared to the overall market trend, Figure's stock performance stands out, also reflecting the market's confidence in its Blockchain and fintech business model.

Figure will collaborate with Solana and Sui

Figure regards Blockchain as an important pillar for company growth, focusing on improving transaction efficiency, liquidity, and lending business. By immutably writing loan data onto the Blockchain, the company significantly reduces securitization costs and auditing costs, enhancing the efficiency of capital markets.

As of now, Figure has issued loans exceeding $18 billion on the Provenance Blockchain, completed blockchain transactions over $60 billion, and obtained AAA ratings from S&P and Moody's for its asset securitization projects.

It is worth mentioning that Figure is actively expanding its blockchain collaboration ecosystem. The company has recently expanded its Yields stablecoin to multiple blockchain platforms, including Sui and Solana, accelerating asset liquidity in the decentralized finance (DeFi) market. Senior executives pointed out that the collaboration with Solana will enhance platform trading efficiency and capital market connectivity, creating more opportunities for small and medium-sized enterprise loans and the digital asset market.

Growth Momentum and Business Layout

Figure Technology's growth strategy revolves around two major pillars: the consumer loan market and blockchain technology. The company's CEO, Michael Tannenbaum, pointed out that the company's performance in the third quarter was impressive, not only due to scale expansion but also due to the advancement of innovative products and blockchain applications. In the total transaction volume of the consumer loan market in the third quarter, the transaction volume of loan products like FirstLean increased nearly threefold compared to the same period last year, making it one of the fastest-growing products. These products include cryptocurrency collateral loan solutions, loans for small and medium-sized enterprises, and debt service coverage ratio (DSCR) loans, all utilizing the Figure Connect platform for digitization, standardization, and on-chain execution, enhancing efficiency and transparency.

In terms of technology, Figure applies Blockchain to the core processes of loans and capital markets, including transaction efficiency, liquidity, and loan standardization. Through immutable Blockchain data records, the company saves about 85 basis points in securitization costs and reduces third-party audit expenses. The loan processes of nearly 250 partners are fully automated, and all performance data is transparently recorded on the chain, significantly reducing operational risks and costs.

RWA Blockchain lending business growth, the company's scale is rapidly expanding.

Figure became one of the first institutions to issue consumer loans on the blockchain in 2018, completed the first blockchain asset securitization in 2020, and launched the first AAA-rated blockchain asset securitization in 2023, receiving ratings certification from S&P and Moody's. As of now, Figure has issued loans exceeding 18 billion dollars on the Provenance Blockchain, with cumulative blockchain transactions exceeding 60 billion dollars, making it one of the largest participants in the real-world asset domain of public blockchains.

The company's business model has rapidly transformed from an initial direct lending institution (B2C) to a B2B2C platform, with nearly 250 third-party partners. It directly accesses the capital market through the Figure Connect platform, reducing intermediaries on the balance sheet, and profits through a fee model. The trading volume on the Figure Connect platform now accounts for nearly half of the total consumer loan market, quickly expanding into new products and new markets.

Future Outlook

Figure is expected to maintain strong growth in the future, with the target annual EBITDA profit margin remaining above 60%. The company plans to increase the trading volume of Figure Connect to 60% of the total consumer loan market while promoting the expansion of Yields (YLDS) stablecoins across multiple Blockchain ecosystems, and plans to launch blockchain-native equity listings to continuously strengthen its market leadership position.

Chairman Mike Cagney stated that the company is leveraging blockchain technology to transform the capital markets, aiming to build a blockchain asset company with a market value of over 100 billion dollars. Tannenbaum added that the company's ultimate vision is to create a true market that connects assets with the capital markets in a light capital manner, enhancing liquidity and market efficiency.

Risks and Challenges

Although the performance is impressive, Figure also faces potential risks and challenges, including intensified competition in the blockchain and fintech sectors, changes in regulatory policies, macroeconomic uncertainty (such as interest rate fluctuations), and the innovation pressure brought about by the rapid pace of technological updates. The company emphasizes that continuous technological innovation and ecosystem collaboration will be key to addressing these challenges.

Investor Q&A and Market Reaction

During the earnings call, analysts focused on the company's Blockchain technology application potential in small and medium-sized enterprise loans and the decentralized finance (DeFi) market. The executives responded that partners are highly interested in Blockchain applications, and tokenized assets can significantly enhance asset liquidity, while Figure Connect's market model is capable of rapidly expanding into diverse asset classes.

The company also emphasizes that the expansion of the partner network is the core engine for sustained performance growth, with partners including banks, credit unions, mortgage companies, and several fintech enterprises. This network facilitates a fully automated process for asset issuance, financing, and sales, creating a highly efficient capital market operation model, and has become one of the company's strongest moats.

Figure Technology Solutions' financial report for Q3 2025 showed strong growth and high profit margins, reflecting the success of its consumer loan and Blockchain business models. The financial data exceeded market expectations, with the stock price soaring in pre-market trading, and a clear outlook for future business, all indicating that the company is solidifying its leading position in the fintech and Blockchain sectors. With the continuous expansion of the Figure Connect platform and tokenized assets, the market expects the company to continue leading the innovative trends in the consumer loan and digital asset markets.

This article reports that the lending business has grown significantly, with blockchain asset company Figure's Q3 financial report being impressive, and the stock price soaring by 16.22% + first appeared in Chain News ABMedia.