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Side-by-side financial comparison of Figure Technology Solutions, Inc. (FIGR) and GCL Global Holdings Ltd (GCL). Click either name above to swap in a different company.

Figure Technology Solutions, Inc. is the larger business by last-quarter revenue ($156.4M vs $98.7M, roughly 1.6× GCL Global Holdings Ltd). Figure Technology Solutions, Inc. runs the higher net margin — 57.3% vs -5.2%, a 62.5% gap on every dollar of revenue.

Figure Technology Solutions, Inc. is a financial technology company in Reno, Nevada, United States. Established in 2018, it develops and operates blockchain-based platforms used in lending, capital markets, and asset management.

GCL Global Holdings Ltd is a leading clean energy enterprise focusing on R&D, production and operation of photovoltaic products, energy storage systems and low-carbon energy solutions. Its main markets cover Asia, Europe, North America, serving utility, commercial and residential distributed energy users across the globe.

FIGR vs GCL — Head-to-Head

Bigger by revenue
FIGR
FIGR
1.6× larger
FIGR
$156.4M
$98.7M
GCL
Higher net margin
FIGR
FIGR
62.5% more per $
FIGR
57.3%
-5.2%
GCL

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
FIGR
FIGR
GCL
GCL
Revenue
$156.4M
$98.7M
Net Profit
$89.6M
$-5.1M
Gross Margin
11.0%
Operating Margin
33.7%
-6.7%
Net Margin
57.3%
-5.2%
Revenue YoY
Net Profit YoY
EPS (diluted)
$0.34
$-0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FIGR
FIGR
GCL
GCL
Q3 25
$156.4M
$98.7M
Q2 25
$142.1M
Q3 24
$36.1M
Net Profit
FIGR
FIGR
GCL
GCL
Q3 25
$89.6M
$-5.1M
Q2 25
$5.6M
Q3 24
$-1.9M
Gross Margin
FIGR
FIGR
GCL
GCL
Q3 25
11.0%
Q2 25
15.0%
Q3 24
16.2%
Operating Margin
FIGR
FIGR
GCL
GCL
Q3 25
33.7%
-6.7%
Q2 25
2.3%
Q3 24
-5.6%
Net Margin
FIGR
FIGR
GCL
GCL
Q3 25
57.3%
-5.2%
Q2 25
3.9%
Q3 24
-5.2%
EPS (diluted)
FIGR
FIGR
GCL
GCL
Q3 25
$0.34
$-0.04
Q2 25
$0.05
Q3 24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FIGR
FIGR
GCL
GCL
Cash + ST InvestmentsLiquidity on hand
$1.1B
$16.6M
Total DebtLower is stronger
$466.8M
$52.0M
Stockholders' EquityBook value
$1.2B
$33.1M
Total Assets
$2.2B
$159.9M
Debt / EquityLower = less leverage
0.40×
1.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIGR
FIGR
GCL
GCL
Q3 25
$1.1B
$16.6M
Q2 25
$18.2M
Q3 24
$2.7M
Total Debt
FIGR
FIGR
GCL
GCL
Q3 25
$466.8M
$52.0M
Q2 25
$11.9M
Q3 24
Stockholders' Equity
FIGR
FIGR
GCL
GCL
Q3 25
$1.2B
$33.1M
Q2 25
$35.9M
Q3 24
$15.9M
Total Assets
FIGR
FIGR
GCL
GCL
Q3 25
$2.2B
$159.9M
Q2 25
$101.6M
Q3 24
$49.6M
Debt / Equity
FIGR
FIGR
GCL
GCL
Q3 25
0.40×
1.57×
Q2 25
0.33×
Q3 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FIGR
FIGR
GCL
GCL
Operating Cash FlowLast quarter
$49.3M
$-4.8M
Free Cash FlowOCF − Capex
$-5.2M
FCF MarginFCF / Revenue
-5.3%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
0.55×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIGR
FIGR
GCL
GCL
Q3 25
$49.3M
$-4.8M
Q2 25
$-10.3M
Q3 24
$6.1M
Free Cash Flow
FIGR
FIGR
GCL
GCL
Q3 25
$-5.2M
Q2 25
$-10.5M
Q3 24
FCF Margin
FIGR
FIGR
GCL
GCL
Q3 25
-5.3%
Q2 25
-7.4%
Q3 24
Capex Intensity
FIGR
FIGR
GCL
GCL
Q3 25
0.4%
Q2 25
0.1%
Q3 24
Cash Conversion
FIGR
FIGR
GCL
GCL
Q3 25
0.55×
Q2 25
-1.84×
Q3 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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