Figure Technology Q4 Revenue Rises 91% to $159.9M but EPS Miss Spurs 21% Stock Drop
Figure Technology reported Q4 EPS of $0.06 versus the $0.08 consensus while delivering $159.9 million in revenue, a 91% year-over-year surge. Consumer Loan Marketplace volume jumped 131% to $2.7 billion, yet analysts cut price targets to $55 as shares fell over 21% to a new 52-week low.
1. Q4 Financial Results
Figure Technology reported Q4 EPS of $0.06, missing the $0.08 analyst estimate, while revenue reached $159.9 million, surpassing the $151.4 million consensus and marking a 91% year-over-year increase.
2. Operational Performance
Net revenue increased 91% year-over-year, with adjusted net revenue of $158 million up 106% from Q4 2024. Consumer Loan Marketplace volume rose 131% to $2.7 billion, including $1.5 billion in Figure Connect volume, while net income surged 156% to $15 million and adjusted EBITDA jumped 426% to $81 million, with margins expanding by 2 and 31 percentage points respectively.
3. Analyst Actions and Market Reaction
Despite robust growth, Keefe, Bruyette & Woods and Needham lowered their price targets to $55 from $62 and $71 while maintaining Outperform and Buy ratings. Shares tumbled over 21% to $26.87, creating a new 52-week low on heightened selling pressure.