Figure Technology Solutions (FIGR) Cost of Revenue (2024 - 2026)
Figure Technology Solutions' (FIGR) quarterly Cost of Revenue came in at $28.9 million in Q2 2026, up 100.12% on a YoY basis from $14.4 million in Q2 2025, and up 34.82% quarter-over-quarter from $21.4 million in Q1 2026.
Analysis
Figure Technology Solutions (FIGR) Cost of Revenue (2024 - 2026) Analysis & Trends
Figure Technology Solutions (FIGR) has reported Cost of Revenue for 3 consecutive years, with $28.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 100.12% year-over-year to $28.9 million; the trailing twelve-month figure through Jun 2026 stood at $88.3 million (up 77.88% YoY), and the FY2025 full-year result was $65.1 million, up 46.35% from the prior year.
- Cost of Revenue improved to $28.9 million in Q2 2026 per FIGR's latest filing, from $21.4 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $28.9 million in Q2 2026 and bottomed at $11.2 million in Q4 2024.
- Historically, Cost of Revenue has averaged $17.2 million across 3 years, with a median of $16.3 million in 2025.
- The sharpest annual moves came in 2025 and 2026: Cost of Revenue jumped 60.74% in 2025, then jumped 100.12% in 2026.
- Over 3 years, Cost of Revenue stood at $11.2 million in 2024, then jumped by 76.38% to $19.7 million in 2025, then surged by 46.67% to $28.9 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $28.9 million, $21.4 million, and $19.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 39.44 Bn | 36.34 Bn | - | - |
| 2 | Federal National Mortgage Association Fannie Mae | 35.73 Bn | 35.73 Bn | - | - |
| 3 | Figure Technology Solutions | 8.46 Bn | 6.92 Bn | 196.67 Mn | 28.91 Mn |
| 4 | PennyMac Financial Services | 3.76 Bn | 3.01 Bn | 480.08 Mn | 16.88 Mn |
| 5 | Federal Agricultural Mortgage | 2.45 Bn | 1.41 Bn | - | - |
| 6 | Walker & Dunlop | 1.40 Bn | 1.24 Bn | - | - |
| 7 | CNFinance Holdings | 1.38 Bn | 1.38 Bn | - | - |
| 8 | Velocity Financial | 705.27 Mn | -6.75 Bn | - | - |
| 9 | UWM Holdings | 474.22 Mn | -24.18 Mn | - | - |
| 10 | Onity | 296.32 Mn | 100.02 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.91 Mn |
| Mar 31, 2026 | 21.45 Mn |
| Dec 31, 2025 | 19.71 Mn |
| Sep 30, 2025 | 18.22 Mn |
| Jun 30, 2025 | 14.45 Mn |
| Mar 31, 2025 | 12.68 Mn |
| Dec 31, 2024 | 11.18 Mn |
| Sep 30, 2024 | 11.33 Mn |