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Side-by-side financial comparison of Figure Technology Solutions, Inc. (FIGR) and Offerpad Solutions Inc. (OPAD). 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 $114.1M, roughly 1.4× Offerpad Solutions Inc.).

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.

Offerpad Solutions Inc is a prominent U.S. proptech firm focused on simplifying residential real estate transactions. Operating under the iBuyer model, it purchases homes directly from sellers, conducts required renovations, and resells properties to buyers. It also provides supporting services including mortgage assistance, title services, and flexible moving options for clients across dozens of U.S. states.

FIGR vs OPAD — Head-to-Head

Bigger by revenue
FIGR
FIGR
1.4× larger
FIGR
$156.4M
$114.1M
OPAD

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
FIGR
FIGR
OPAD
OPAD
Revenue
$156.4M
$114.1M
Net Profit
$89.6M
Gross Margin
7.0%
Operating Margin
33.7%
Net Margin
57.3%
Revenue YoY
-34.5%
Net Profit YoY
49.1%
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
OPAD
OPAD
Q4 25
$114.1M
Q3 25
$156.4M
$132.7M
Q2 25
$160.3M
Q1 25
$160.7M
Q4 24
$174.3M
Q3 24
$208.1M
Q2 24
$251.1M
Q1 24
$285.4M
Net Profit
FIGR
FIGR
OPAD
OPAD
Q4 25
Q3 25
$89.6M
$-11.6M
Q2 25
$-10.9M
Q1 25
$-15.1M
Q4 24
$-17.3M
Q3 24
$-13.5M
Q2 24
$-13.8M
Q1 24
$-17.5M
Gross Margin
FIGR
FIGR
OPAD
OPAD
Q4 25
7.0%
Q3 25
7.0%
Q2 25
8.9%
Q1 25
6.5%
Q4 24
6.1%
Q3 24
8.2%
Q2 24
8.7%
Q1 24
7.9%
Operating Margin
FIGR
FIGR
OPAD
OPAD
Q4 25
Q3 25
33.7%
-5.1%
Q2 25
-4.9%
Q1 25
-7.2%
Q4 24
-7.8%
Q3 24
-4.3%
Q2 24
-3.9%
Q1 24
-4.8%
Net Margin
FIGR
FIGR
OPAD
OPAD
Q4 25
Q3 25
57.3%
-8.7%
Q2 25
-6.8%
Q1 25
-9.4%
Q4 24
-9.9%
Q3 24
-6.5%
Q2 24
-5.5%
Q1 24
-6.1%
EPS (diluted)
FIGR
FIGR
OPAD
OPAD
Q4 25
Q3 25
$0.34
$-0.37
Q2 25
$-0.39
Q1 25
$-0.55
Q4 24
$-0.64
Q3 24
$-0.49
Q2 24
$-0.50
Q1 24
$-0.64

Balance Sheet & Financial Strength

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

Metric
FIGR
FIGR
OPAD
OPAD
Cash + ST InvestmentsLiquidity on hand
$1.1B
$26.5M
Total DebtLower is stronger
$466.8M
Stockholders' EquityBook value
$1.2B
$38.2M
Total Assets
$2.2B
$154.8M
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIGR
FIGR
OPAD
OPAD
Q4 25
$26.5M
Q3 25
$1.1B
$31.0M
Q2 25
$22.6M
Q1 25
$30.8M
Q4 24
$43.0M
Q3 24
$48.5M
Q2 24
$56.9M
Q1 24
$68.5M
Total Debt
FIGR
FIGR
OPAD
OPAD
Q4 25
Q3 25
$466.8M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FIGR
FIGR
OPAD
OPAD
Q4 25
$38.2M
Q3 25
$1.2B
$39.9M
Q2 25
$24.5M
Q1 25
$34.2M
Q4 24
$47.7M
Q3 24
$64.7M
Q2 24
$77.6M
Q1 24
$88.1M
Total Assets
FIGR
FIGR
OPAD
OPAD
Q4 25
$154.8M
Q3 25
$2.2B
$223.5M
Q2 25
$268.0M
Q1 25
$274.5M
Q4 24
$313.1M
Q3 24
$338.5M
Q2 24
$406.6M
Q1 24
$369.7M
Debt / Equity
FIGR
FIGR
OPAD
OPAD
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
OPAD
OPAD
Operating Cash FlowLast quarter
$49.3M
$66.8M
Free Cash FlowOCF − Capex
$65.7M
FCF MarginFCF / Revenue
57.6%
Capex IntensityCapex / Revenue
0.9%
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
OPAD
OPAD
Q4 25
$66.8M
Q3 25
$49.3M
$40.0M
Q2 25
$-13.5M
Q1 25
$-10.2M
Q4 24
$20.8M
Q3 24
$39.6M
Q2 24
$-54.4M
Q1 24
$2.4M
Free Cash Flow
FIGR
FIGR
OPAD
OPAD
Q4 25
$65.7M
Q3 25
Q2 25
$-13.6M
Q1 25
$-11.2M
Q4 24
$15.4M
Q3 24
$38.7M
Q2 24
$-54.4M
Q1 24
$2.0M
FCF Margin
FIGR
FIGR
OPAD
OPAD
Q4 25
57.6%
Q3 25
Q2 25
-8.5%
Q1 25
-7.0%
Q4 24
8.9%
Q3 24
18.6%
Q2 24
-21.7%
Q1 24
0.7%
Capex Intensity
FIGR
FIGR
OPAD
OPAD
Q4 25
0.9%
Q3 25
0.0%
Q2 25
0.1%
Q1 25
0.6%
Q4 24
3.1%
Q3 24
0.4%
Q2 24
0.0%
Q1 24
0.1%
Cash Conversion
FIGR
FIGR
OPAD
OPAD
Q4 25
Q3 25
0.55×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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