Figure Technology Solutions, Inc. filed a Form S-1 registration statement for an initial public offering on 2025-08-18. It has amended it 9 times. It filed its final prospectus on 2026-02-18. Each fact below is quoted from the filing named with it.
What the filings say
Listing
Our Class A common stock is listed on the NASDAQ under the ticker symbol “FIGR.” The last reported sale price of our Class A common stock on the NASDAQ on February 17, 2026 was $36.91 per share.From the 424B4 filed 2026-02-18
Shares offered
This is the initial public offering of Figure Technology Solutions, Inc. We are offering 23,506,605 shares of our Class A common stock and the selling stockholders identified in this prospectus are offering 7,993,395 shares of our Class A common stock.From the 424B4 filed 2025-09-11
Price range
It is currently estimated that the initial public offering price will be between $20.00 and $22.00 per share.From the S-1/A filed 2025-09-10
Use of proceeds
We intend to use the net proceeds for general corporate purposes, including working capital, operating expenses, and capital expenditures.From the 424B4 filed 2026-02-18
Revenue
For the nine months ended September 30, 2025 and 2024, we generated net revenue of $347 million and $257 million, respectively, Adjusted Net Revenue of $357 million and $263 million, respectively, net income of $119 million and $14 million, respectively, and Adjusted EBITDA of $170 million and $86 million, respectively, and as of September 30, 2025, accumulated deficit of $202 million and total stockholders’ equity of $1.2 billion.From the S-1/A filed 2026-02-13
Net loss or income
As a result, Figure has grown quickly and profitably, with net income of $119 million and Adjusted EBITDA of $170 million, for the nine months ended September 30, 2025, and accumulated deficit of $202 million and total stockholders’ equity of $1.2 billion, as of September 30, 2025, and net income of $20 million and Adjusted EBITDA of $101 million, for the year ended December 31, 2024, and accumulated deficit of $321 million and total stockholders’ equity of $363 million, as of December 31, 2024.From the S-1/A filed 2026-02-13
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2025-08-18 | Registration statement filed | S-1 |
| 2025-08-25 | Registration statement amended | S-1/A |
| 2025-09-02 | Registration statement amended | S-1/A |
| 2025-09-08 | Registration statement amended | S-1/A |
| 2025-09-09 | Registration statement amended | S-1/A |
| 2025-09-10 | Registration statement amended | S-1/A |
| 2025-09-11 | Final prospectus filed: the offering is priced | 424B4 |
| 2025-11-17 | Registration statement filed | S-1 |
| 2026-01-28 | Registration statement amended | S-1/A |
| 2026-02-11 | Registration statement amended | S-1/A |
| 2026-02-12 | Registration statement amended | S-1/A |
| 2026-02-13 | Registration statement amended | S-1/A |
| 2026-02-18 | Final prospectus filed: the offering is priced | 424B4 |
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Where this comes from
A company that wants to sell shares to the public in the United States files a registration statement with the SEC: Form S-1 for a US company, Form F-1 for a foreign one. It amends that statement as the figures and terms are filled in, usually adding the expected price range shortly before the offering. Once the offering is priced it files its final prospectus under Rule 424(b)(4). A company that decides not to go ahead can ask for the registration statement to be withdrawn on Form RW.
Every row on this page is one of those filings, linked to the filing itself. The facts are the company's own sentences, quoted from the filing named beside each one and never reworded; where no filing states a fact in a sentence that can be read exactly, this page leaves it out. A filing is the company's statement of its plans and its figures, not a verification of them, and nothing here is investment advice.