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Side-by-side financial comparison of Figure Technology Solutions, Inc. (FIGR) and Kimbell Royalty Partners, LP (KRP). 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 $82.5M, roughly 1.9× Kimbell Royalty Partners, LP). Figure Technology Solutions, Inc. runs the higher net margin — 57.3% vs 30.1%, a 27.2% 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.

Kimbell Royalty Partners, LP is a publicly traded US limited partnership focused on owning and acquiring mineral and royalty interests in oil and gas properties across key domestic producing basins including the Permian, Bakken, and Eagle Ford. Its core revenue comes from production-linked royalty payments from its diversified onshore hydrocarbon asset portfolio.

FIGR vs KRP — Head-to-Head

Bigger by revenue
FIGR
FIGR
1.9× larger
FIGR
$156.4M
$82.5M
KRP
Higher net margin
FIGR
FIGR
27.2% more per $
FIGR
57.3%
30.1%
KRP

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
FIGR
FIGR
KRP
KRP
Revenue
$156.4M
$82.5M
Net Profit
$89.6M
$24.8M
Gross Margin
Operating Margin
33.7%
39.6%
Net Margin
57.3%
30.1%
Revenue YoY
23.6%
Net Profit YoY
163.2%
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
KRP
KRP
Q4 25
$82.5M
Q3 25
$156.4M
$80.6M
Q2 25
$86.5M
Q1 25
$84.2M
Q4 24
$66.7M
Q3 24
$83.8M
Q2 24
$76.6M
Q1 24
$82.2M
Net Profit
FIGR
FIGR
KRP
KRP
Q4 25
$24.8M
Q3 25
$89.6M
$22.3M
Q2 25
$26.7M
Q1 25
$25.9M
Q4 24
$-39.3M
Q3 24
$25.8M
Q2 24
$15.2M
Q1 24
$9.3M
Operating Margin
FIGR
FIGR
KRP
KRP
Q4 25
39.6%
Q3 25
33.7%
35.8%
Q2 25
43.7%
Q1 25
39.9%
Q4 24
-58.0%
Q3 24
40.8%
Q2 24
31.2%
Q1 24
21.4%
Net Margin
FIGR
FIGR
KRP
KRP
Q4 25
30.1%
Q3 25
57.3%
27.7%
Q2 25
30.8%
Q1 25
30.7%
Q4 24
-58.8%
Q3 24
30.8%
Q2 24
19.8%
Q1 24
11.4%
EPS (diluted)
FIGR
FIGR
KRP
KRP
Q4 25
Q3 25
$0.34
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
FIGR
FIGR
KRP
KRP
Cash + ST InvestmentsLiquidity on hand
$1.1B
$44.0M
Total DebtLower is stronger
$466.8M
Stockholders' EquityBook value
$1.2B
Total Assets
$2.2B
$1.2B
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIGR
FIGR
KRP
KRP
Q4 25
$44.0M
Q3 25
$1.1B
$40.0M
Q2 25
$34.5M
Q1 25
$35.6M
Q4 24
$34.2M
Q3 24
$34.7M
Q2 24
$30.9M
Q1 24
$39.7M
Total Debt
FIGR
FIGR
KRP
KRP
Q4 25
Q3 25
$466.8M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FIGR
FIGR
KRP
KRP
Q4 25
Q3 25
$1.2B
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Total Assets
FIGR
FIGR
KRP
KRP
Q4 25
$1.2B
Q3 25
$2.2B
$1.3B
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.1B
Q3 24
$1.2B
Q2 24
$1.2B
Q1 24
$1.3B
Debt / Equity
FIGR
FIGR
KRP
KRP
Q4 25
Q3 25
0.40×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 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
KRP
KRP
Operating Cash FlowLast quarter
$49.3M
$57.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.55×
2.31×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIGR
FIGR
KRP
KRP
Q4 25
$57.2M
Q3 25
$49.3M
$62.8M
Q2 25
$72.3M
Q1 25
$54.2M
Q4 24
$56.6M
Q3 24
$62.4M
Q2 24
$62.9M
Q1 24
$69.0M
Cash Conversion
FIGR
FIGR
KRP
KRP
Q4 25
2.31×
Q3 25
0.55×
2.81×
Q2 25
2.71×
Q1 25
2.09×
Q4 24
Q3 24
2.42×
Q2 24
4.14×
Q1 24
7.39×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FIGR
FIGR

Segment breakdown not available.

KRP
KRP

Oil And Condensate$45.9M56%
Natural Gas Midstream$19.5M24%
NGL Revenue$10.6M13%
Other$6.4M8%

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