Shares of Figure Technology Solutions (FIGR) surged 5.13% in pre-market trading on Tuesday, following the release of the company's first-quarter 2026 financial results.
The blockchain-native capital marketplace reported exceptional performance, with net revenue reaching $167.01 million, surpassing the analyst consensus estimate of $158.5 million. The company swung to a net income of $45.05 million from a loss in the prior-year period, while adjusted EBITDA nearly tripled year-over-year to $82.70 million. A key growth driver was the Consumer Loan Marketplace, where volume more than doubled to $2.9 billion, supported by the addition of a record 80 new partners during the quarter.
Management highlighted the resilience of its capital-light model and provided strong forward guidance, projecting Consumer Loan Marketplace volume of $3.8 billion to $4.1 billion for the second quarter of 2026, signaling continued growth momentum.
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