Corporate disclosures show that Figure continued to perform better in the second quarter, with a significant increase in the size of revenues, profits and loan facilities compared to the same period the previous year. The core business that drives up-scaling performance remains its lending market and related chain-based products.

Second quarter battalion up to $226 million

During the quarter of 30 June, Figure received $226 million, an increase of 113 per cent over the same period. The net profit was $87.0 million, an increase of 192 per cent over the same period; after amortization, it was $0.35 per share. The adjusted EBITDA was $119 million, which is also double the same period of the previous year.

The loan market is worth $4.3 billion.

According to the company, the growth was mainly from the consumer loan market. The trade in the current season amounted to $4.3 billion, an increase of 132 per cent over the same period. Of this amount, Figure Conect completed $2.8 billion, or about 65 per cent of the total. The platform mainly connects the loan sponsors with the finance providers and supports asset initiation, financing and trading with block chain infrastructure.

During the second quarter, Figure added 102 new loan initiation partners, bringing the total to 489, covering mortgage lending institutions, banks and financial technology companies. The company's CEO, Michael Tannenbaum, stated that the weekly loan request had exceeded $1 billion in July.

YLDS flows continue to expand.

In addition to the lending market, other Figure chain products are expanding. At the end of June, the circulation of YLDS rose to $556 million, up from $328 million at the end of 2025. The size of third-party borrowing through its Democrátized Prime market was approximately $170 million as at 6 August.

Kiavi acquisition is still under way.

Companies expect that the third quarter consumer loan market will be in the range of $4.8 billion to $5.2 billion. At the same time, Figure disclosed that the purchase of the real estate loan agency Kiavi was still scheduled to be completed in the second half of 2026 and that, upon completion, more real estate loan assets would be introduced into its market platform.

Additional information:Figure was created by Mike Cagney, former CEO of SoFi, as one of the early open-trade companies that tried to move loan and capital market processes to block-chain infrastructure.