{"schema_version":"secwatch.filing_event.v1","accession":"0002064124-26-000026","form_type":"8-K","ticker":"FIGR","cik":"0002064124","company_name":"Figure Technology Solutions, Inc.","filed_at":"2026-05-11T22:55:38+00:00","discovered_at":"2026-05-12T10:05:00.387910+00:00","generated_at":"2026-05-12T10:18:33.403887+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Figure Tech Q1 revenue up 98% to $167M; net income $45M vs loss year ago","bullets":["Consumer Loan Marketplace volume $2.9B, +113% YoY; record 80 new partners added.","Net revenue $167M, +98% YoY; Adjusted Net Revenue $167M, +92% YoY.","Net income $45M (27% margin) vs loss of $0.6M in Q1 2025; diluted EPS $0.18 vs loss.","Adjusted EBITDA $83M, +192% YoY; margin 49.6% vs 32.6%.","Cash $1.5B; loans held for sale $504M."],"urls":{"canonical":"https://secwatch.observer/filing/0002064124-26-000026","json":"https://secwatch.observer/filing/0002064124-26-000026.json","markdown":"https://secwatch.observer/filing/0002064124-26-000026.md","text":"https://secwatch.observer/filing/0002064124-26-000026.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2064124/000206412426000026/0002064124-26-000026-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2064124/000206412426000026/figr-20260511.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-12T10:18:33.403887+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"91b11406d52d0e506241449d76bde34e8efd4a08","claim":"Figure Technology Solutions, Inc. reported the quarter ended March 31, 2026 results: revenue $167 million, net income $45 million, EPS $0.21 per diluted share.","evidence_excerpt":"• Consumer Loan Marketplace volume was $2.9 billion in the quarter, a 113% increase from the prior year. This included Figure Connect volume of $1.6 billion. • Net revenue was $167 million, an increase of 98% year-over-year. Adjusted Net Revenue was $167 million, an increase of 92% from the first quarter of 2025. • Net income reached $45 million; net income margin","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2064124/000206412426000026/0002064124-26-000026-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2026"},{"label":"Revenue","value":"$167 million"},{"label":"Net income","value":"$45 million"},{"label":"EPS","value":"$0.21 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}