Foresight News
Foresight News|Nov 12, 2026 11:52
[Figure Q3 Financial Report: Net Revenue Up 84% Year-over-Year to $287.1 Million, YLDS Circulating Supply at $504 Million] According to Foresight News, based on SEC filings, blockchain-native capital markets platform Figure Technology Solutions (Nasdaq: FIGR) released its Q3 2026 financial report. As of September 30, its yield-generating stablecoin YLDS had a circulating supply of $504 million, compared to $328 million at the end of 2025. Currently, 28 participants use YLDS for platform transactions. Its on-chain lending platform Prime (formerly Democratized Prime) has facilitated $588 million in loans, with $600 million in demand and $825 million in available lending, projected to reach $206 million, $246 million, and $213 million respectively by the end of 2025. Financially, Figure reported total net revenue of $287.1 million for the quarter, an 84% year-over-year increase; net income was $89.3 million, a 1% year-over-year decrease, primarily due to a one-time $31 million tax benefit included in the same period last year; adjusted EBITDA was $163.6 million, a 91% year-over-year increase. As of September 30, cash and cash equivalents were $1.59 billion, and approximately $100 million in digital assets were held on the balance sheet. In terms of business, the lending platform's transaction volume reached $5.8 billion for the quarter, a 135% year-over-year increase, including $677 million contributed by Kiavi, which was acquired on September 1. Figure expects its lending platform's transaction volume to be between $6.2 billion and $6.7 billion in the fourth quarter. Additionally, the board increased its share repurchase authorization by $200 million to $400 million.
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads