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

HUYA Inc. is the larger business by last-quarter revenue ($237.1M vs $156.4M, roughly 1.5× Figure Technology Solutions, Inc.). Figure Technology Solutions, Inc. runs the higher net margin — 57.3% vs 0.6%, a 56.7% 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.

HUYA Inc. is a leading interactive live streaming platform based in China, focused primarily on video game live broadcasting. It also offers esports events, variety entertainment, lifestyle and educational live streams, mainly serving young digital entertainment consumers in the domestic Chinese market.

FIGR vs HUYA — Head-to-Head

Bigger by revenue
HUYA
HUYA
1.5× larger
HUYA
$237.1M
$156.4M
FIGR
Higher net margin
FIGR
FIGR
56.7% more per $
FIGR
57.3%
0.6%
HUYA

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
FIGR
FIGR
HUYA
HUYA
Revenue
$156.4M
$237.1M
Net Profit
$89.6M
$1.3M
Gross Margin
13.4%
Operating Margin
33.7%
-0.8%
Net Margin
57.3%
0.6%
Revenue YoY
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
HUYA
HUYA
Q3 25
$156.4M
$237.1M
Q2 25
$218.8M
Q1 25
$207.9M
Q3 24
$219.1M
Q2 24
$212.1M
Q1 24
$208.3M
Q4 23
$224.2M
Q3 23
$225.8M
Net Profit
FIGR
FIGR
HUYA
HUYA
Q3 25
$89.6M
$1.3M
Q2 25
$-766.0K
Q1 25
$128.0K
Q3 24
$3.4M
Q2 24
$4.1M
Q1 24
$9.8M
Q4 23
Q3 23
$1.7M
Gross Margin
FIGR
FIGR
HUYA
HUYA
Q3 25
13.4%
Q2 25
13.5%
Q1 25
12.5%
Q3 24
13.2%
Q2 24
13.9%
Q1 24
14.7%
Q4 23
Q3 23
13.9%
Operating Margin
FIGR
FIGR
HUYA
HUYA
Q3 25
33.7%
-0.8%
Q2 25
-1.5%
Q1 25
-4.0%
Q3 24
-2.1%
Q2 24
-1.7%
Q1 24
-2.6%
Q4 23
Q3 23
-1.7%
Net Margin
FIGR
FIGR
HUYA
HUYA
Q3 25
57.3%
0.6%
Q2 25
-0.4%
Q1 25
0.1%
Q3 24
1.5%
Q2 24
1.9%
Q1 24
4.7%
Q4 23
Q3 23
0.7%
EPS (diluted)
FIGR
FIGR
HUYA
HUYA
Q3 25
$0.34
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q4 23
Q3 23

Balance Sheet & Financial Strength

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

Metric
FIGR
FIGR
HUYA
HUYA
Cash + ST InvestmentsLiquidity on hand
$1.1B
$102.0M
Total DebtLower is stronger
$466.8M
Stockholders' EquityBook value
$1.2B
$709.9M
Total Assets
$2.2B
$960.3M
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIGR
FIGR
HUYA
HUYA
Q3 25
$1.1B
$102.0M
Q2 25
$69.7M
Q1 25
$40.9M
Q3 24
$156.1M
Q2 24
$138.4M
Q1 24
$75.1M
Q4 23
$72.1M
Q3 23
$113.2M
Total Debt
FIGR
FIGR
HUYA
HUYA
Q3 25
$466.8M
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q4 23
Q3 23
Stockholders' Equity
FIGR
FIGR
HUYA
HUYA
Q3 25
$1.2B
$709.9M
Q2 25
$704.3M
Q1 25
$711.2M
Q3 24
$1.1B
Q2 24
$1.3B
Q1 24
$1.3B
Q4 23
$1.5B
Q3 23
$1.5B
Total Assets
FIGR
FIGR
HUYA
HUYA
Q3 25
$2.2B
$960.3M
Q2 25
$928.0M
Q1 25
$1.3B
Q3 24
$1.6B
Q2 24
$1.6B
Q1 24
$1.7B
Q4 23
$1.8B
Q3 23
$1.8B
Debt / Equity
FIGR
FIGR
HUYA
HUYA
Q3 25
0.40×
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q4 23
Q3 23

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
HUYA
HUYA
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
HUYA
HUYA
Q3 25
$49.3M
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q4 23
$-4.5M
Q3 23
Free Cash Flow
FIGR
FIGR
HUYA
HUYA
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q4 23
$-21.9M
Q3 23
FCF Margin
FIGR
FIGR
HUYA
HUYA
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q4 23
-9.8%
Q3 23
Capex Intensity
FIGR
FIGR
HUYA
HUYA
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q4 23
7.7%
Q3 23
Cash Conversion
FIGR
FIGR
HUYA
HUYA
Q3 25
0.55×
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q4 23
Q3 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

FIGR
FIGR

Segment breakdown not available.

HUYA
HUYA

Live streaming$162.5M69%
Game-related services, advertising and others$74.7M31%

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