$FIGR

Figure Technology Solutions (FIGR, NASDAQ) shares rose up to 13.9% to $35.81 after Q2 results. The company reported net income up 191% to $87.4M and net revenue up 113% to $225M. CLM volume rose 132% to $4.26B. Analysts at Piper Sandler, Needham and KBW reiterated buy ratings with targets of $65, $55 and $45.

Wood Mackenzie forecasts industrial and humanoid robots will consume 363 TWh of electricity annually by 2035, up from 78 TWh today. Industrial robots are projected at 357 TWh. The report cites investments by ABB, FANUC, Yaskawa, KUKA and others, and notes China’s dominance in deployments and a 2026 State Grid $1 billion procurement for 8,500 AI-enabled robots.

Bernstein said the FCC ban on new foreign-made mobile robots, including Chinese humanoids and quadrupeds, signals formal US-China decoupling in robotics. The firm expects possible follow-on steps such as Entity List and investment restrictions, and notes China’s reliance on US AI chips and simulation tools. It cites potential beneficiaries including Tesla, Figure, Agility, and Chinese component makers.

Figure Technology Solutions (FIGR) shares fell 1.4% on the first trading day after its Q2 release despite record results. The company reported Q2 basic EPS of $0.39 on revenue of $198.8m, with adjusted EBITDA margin above 50%. Revenue and net income rose sharply year over year, while investors weighed valuation (42.5x P/E) and $600m 8.5% senior notes.

Figure Technology Solutions reported Q2 2026 revenue of $225.6M and diluted EPS of $0.35, versus $106.1M and $0.08 a year earlier, according to its 10-Q. Net income attributable to Figure was $87.4M. The company cited higher origination, servicing and sales activity, a shift to Partner-branded Connect, and progress on a merger to acquire Kiavi funded by a $600M senior note offering.

Figure Technology Solutions (NASDAQ:FIGR) fell slightly after reporting Q2 results. The company said loan marketplace volume rose 131.8% to $4.3B. Adjusted net revenue was $218.4M vs $208.2M consensus, adjusted EBITDA $119.4M vs $110.4M, and GAAP EPS 35c vs 24c. Needham analyst Kyle Peterson reiterated Buy and $55 target, citing upside from the pending Kiavi acquisition and Q3 volume guidance.

Figure Technology Solutions (Nasdaq: FIGR) reported Q2 2026 results for the three and six months ended June 30, 2026. Consumer Loan Marketplace volume rose 132% YoY to $4.3B, net revenue increased 113% to $226M, and net income rose 192% to $87M. Adjusted EBITDA grew 126% to $119M. Q3 2026 guidance calls for volume of $4.8B to $5.2B.

Figure Technology Solutions, Inc. (FIGR) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 ex991-pressrelease2q26.htm EX-99.1 Document Exhibit 99.1 FIGURE TECHNOLOGY SOLUTIONS REPORTS STRONG SECOND QUARTER 2026 RESULTS NEW YORK, August 13, 2026 /Globe/ — Figure Technology Solutions (Nasdaq: FIGR; OPEN: FGRS), the leading blockchain-native capital marketplace

The Trump administration, via the FCC, banned new foreign-made humanoid and four-legged robots from entering the US, citing “unacceptable risks” to national security, including potential data collection and remote commandeering. The move is seen as targeting China, which accounted for 85% of humanoid deployments last year, per Barclays. Unitree Robotics is cited for alleged military links. Barclays estimates the market could reach $200B by 2035.

The US FCC banned imports of new Chinese-made humanoid robots, robot dogs, and power inverters, citing cybersecurity and national security risks to critical infrastructure. The rules took effect immediately but apply only to models not yet authorized for US sale. The action is expected to affect Unitree and also covers inverters from firms including Huawei and Sungrow.