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Side-by-side financial comparison of Figure Technology Solutions, Inc. (FIGR) and GLAUKOS Corp (GKOS). 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 $150.6M, roughly 1.0× GLAUKOS Corp). Figure Technology Solutions, Inc. runs the higher net margin — 57.3% vs 6.2%, a 51.1% 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.

Glaukos Corp is a medical technology company focused on ophthalmology, developing and commercializing minimally invasive surgical devices, prescription pharmaceuticals and consumer products for glaucoma, corneal diseases and other eye disorders. It operates primarily across North America, Europe and Asia Pacific, serving hospitals, ophthalmology clinics and patients worldwide.

FIGR vs GKOS — Head-to-Head

Bigger by revenue
FIGR
FIGR
1.0× larger
FIGR
$156.4M
$150.6M
GKOS
Higher net margin
FIGR
FIGR
51.1% more per $
FIGR
57.3%
6.2%
GKOS

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
FIGR
FIGR
GKOS
GKOS
Revenue
$156.4M
$150.6M
Net Profit
$89.6M
$9.4M
Gross Margin
77.9%
Operating Margin
33.7%
9.0%
Net Margin
57.3%
6.2%
Revenue YoY
41.2%
Net Profit YoY
EPS (diluted)
$0.34

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
GKOS
GKOS
Q1 26
$150.6M
Q4 25
$143.1M
Q3 25
$156.4M
$133.5M
Q2 25
$124.1M
Q1 25
$106.7M
Q4 24
$105.5M
Q3 24
$96.7M
Q2 24
$95.7M
Net Profit
FIGR
FIGR
GKOS
GKOS
Q1 26
$9.4M
Q4 25
$-133.7M
Q3 25
$89.6M
$-16.2M
Q2 25
$-19.7M
Q1 25
$-18.1M
Q4 24
$-33.6M
Q3 24
$-21.4M
Q2 24
$-50.5M
Gross Margin
FIGR
FIGR
GKOS
GKOS
Q1 26
77.9%
Q4 25
-1.1%
Q3 25
78.4%
Q2 25
78.3%
Q1 25
77.2%
Q4 24
72.9%
Q3 24
76.6%
Q2 24
76.4%
Operating Margin
FIGR
FIGR
GKOS
GKOS
Q1 26
9.0%
Q4 25
-97.7%
Q3 25
33.7%
-12.3%
Q2 25
-18.3%
Q1 25
-19.4%
Q4 24
-27.2%
Q3 24
-25.5%
Q2 24
-31.3%
Net Margin
FIGR
FIGR
GKOS
GKOS
Q1 26
6.2%
Q4 25
-93.4%
Q3 25
57.3%
-12.2%
Q2 25
-15.8%
Q1 25
-17.0%
Q4 24
-31.8%
Q3 24
-22.1%
Q2 24
-52.8%
EPS (diluted)
FIGR
FIGR
GKOS
GKOS
Q1 26
Q4 25
$-2.34
Q3 25
$0.34
$-0.28
Q2 25
$-0.34
Q1 25
$-0.32
Q4 24
$-0.56
Q3 24
$-0.39
Q2 24
$-1.00

Balance Sheet & Financial Strength

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

Metric
FIGR
FIGR
GKOS
GKOS
Cash + ST InvestmentsLiquidity on hand
$1.1B
$276.7M
Total DebtLower is stronger
$466.8M
Stockholders' EquityBook value
$1.2B
$670.9M
Total Assets
$2.2B
$893.3M
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIGR
FIGR
GKOS
GKOS
Q1 26
$276.7M
Q4 25
$90.8M
Q3 25
$1.1B
$98.2M
Q2 25
$100.8M
Q1 25
$114.3M
Q4 24
$169.6M
Q3 24
$100.1M
Q2 24
$68.1M
Total Debt
FIGR
FIGR
GKOS
GKOS
Q1 26
Q4 25
Q3 25
$466.8M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
FIGR
FIGR
GKOS
GKOS
Q1 26
$670.9M
Q4 25
$656.2M
Q3 25
$1.2B
$769.5M
Q2 25
$765.1M
Q1 25
$764.0M
Q4 24
$766.9M
Q3 24
$668.5M
Q2 24
$665.2M
Total Assets
FIGR
FIGR
GKOS
GKOS
Q1 26
$893.3M
Q4 25
$893.5M
Q3 25
$2.2B
$999.4M
Q2 25
$987.0M
Q1 25
$966.2M
Q4 24
$974.8M
Q3 24
$926.5M
Q2 24
$919.7M
Debt / Equity
FIGR
FIGR
GKOS
GKOS
Q1 26
Q4 25
Q3 25
0.40×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 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
GKOS
GKOS
Operating Cash FlowLast quarter
$49.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
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
GKOS
GKOS
Q1 26
Q4 25
$6.8M
Q3 25
$49.3M
$-10.1M
Q2 25
$7.0M
Q1 25
$-18.5M
Q4 24
$507.0K
Q3 24
$-9.6M
Q2 24
$-18.4M
Free Cash Flow
FIGR
FIGR
GKOS
GKOS
Q1 26
Q4 25
$3.9M
Q3 25
$-11.7M
Q2 25
$5.8M
Q1 25
$-20.5M
Q4 24
$-1.2M
Q3 24
$-11.0M
Q2 24
$-20.5M
FCF Margin
FIGR
FIGR
GKOS
GKOS
Q1 26
Q4 25
2.7%
Q3 25
-8.8%
Q2 25
4.7%
Q1 25
-19.2%
Q4 24
-1.2%
Q3 24
-11.4%
Q2 24
-21.4%
Capex Intensity
FIGR
FIGR
GKOS
GKOS
Q1 26
Q4 25
2.0%
Q3 25
1.2%
Q2 25
0.9%
Q1 25
1.8%
Q4 24
1.6%
Q3 24
1.5%
Q2 24
2.2%
Cash Conversion
FIGR
FIGR
GKOS
GKOS
Q1 26
Q4 25
Q3 25
0.55×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

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