Figure's Q3 Loan Volume Hits $5.12B, Up 107% Y/Y, At High End of Guidance
FIGR is trading near its 52-week low of $24.11 (14% above the low).
Summary
Figure Technology Solutions reported preliminary Q3 2026 operating metrics showing Consumer Loan Marketplace Volume of $5.119B, up 107% year-over-year and 20% quarter-over-quarter, landing at the high end of its $4.8B-$5.2B guidance range. September volume alone reached $1.783B, up 104% Y/Y. The reported figures exclude Kiavi contributions following the September 1 merger close, meaning full Q3 results in November will be higher. This follows the Q2 report in August that showed 132% volume growth and 192% net income growth, indicating continued acceleration. The $YLDS in Circulation metric declined 9% Q/Q to $504M, but matched offers, borrower demand, and lender supply all grew sharply Q/Q, suggesting robust marketplace activity. The company's $6B+ partnership with Nscale and the Kiavi acquisition provide additional growth tailwinds. Full Q3 financials are expected in November.
At the time of this announcement, FIGR was trading at $27.50 on NASDAQ in the Finance sector, with a market capitalization of approximately $6.1B. The 52-week trading range was $24.11 to $78.00. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Seeking Alpha.