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

PTC THERAPEUTICS, INC. is the larger business by last-quarter revenue ($164.7M vs $156.4M, roughly 1.1× Figure Technology Solutions, Inc.). Figure Technology Solutions, Inc. runs the higher net margin — 57.3% vs -82.0%, a 139.2% 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.

PTC Therapeutics, Inc. is a US pharmaceutical company focused on the development of orally administered small molecule drugs and gene therapy which regulate gene expression by targeting post-transcriptional control (PTC) mechanisms in orphan diseases.

FIGR vs PTCT — Head-to-Head

Bigger by revenue
PTCT
PTCT
1.1× larger
PTCT
$164.7M
$156.4M
FIGR
Higher net margin
FIGR
FIGR
139.2% more per $
FIGR
57.3%
-82.0%
PTCT

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
FIGR
FIGR
PTCT
PTCT
Revenue
$156.4M
$164.7M
Net Profit
$89.6M
$-135.0M
Gross Margin
Operating Margin
33.7%
-43.3%
Net Margin
57.3%
-82.0%
Revenue YoY
-22.7%
Net Profit YoY
-104.8%
EPS (diluted)
$0.34
$-1.63

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
PTCT
PTCT
Q4 25
$164.7M
Q3 25
$156.4M
$211.0M
Q2 25
$178.9M
Q1 25
$1.2B
Q4 24
$213.2M
Q3 24
$196.8M
Q2 24
$186.7M
Q1 24
$210.1M
Net Profit
FIGR
FIGR
PTCT
PTCT
Q4 25
$-135.0M
Q3 25
$89.6M
$15.9M
Q2 25
$-64.8M
Q1 25
$866.6M
Q4 24
$-65.9M
Q3 24
$-106.7M
Q2 24
$-99.2M
Q1 24
$-91.6M
Operating Margin
FIGR
FIGR
PTCT
PTCT
Q4 25
-43.3%
Q3 25
33.7%
1.4%
Q2 25
-19.5%
Q1 25
82.5%
Q4 24
-76.2%
Q3 24
-27.7%
Q2 24
-21.5%
Q1 24
-21.6%
Net Margin
FIGR
FIGR
PTCT
PTCT
Q4 25
-82.0%
Q3 25
57.3%
7.5%
Q2 25
-36.3%
Q1 25
73.7%
Q4 24
-30.9%
Q3 24
-54.2%
Q2 24
-53.1%
Q1 24
-43.6%
EPS (diluted)
FIGR
FIGR
PTCT
PTCT
Q4 25
$-1.63
Q3 25
$0.34
$0.20
Q2 25
$-0.83
Q1 25
$10.04
Q4 24
$-0.85
Q3 24
$-1.39
Q2 24
$-1.29
Q1 24
$-1.20

Balance Sheet & Financial Strength

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

Metric
FIGR
FIGR
PTCT
PTCT
Cash + ST InvestmentsLiquidity on hand
$1.1B
$1.9B
Total DebtLower is stronger
$466.8M
Stockholders' EquityBook value
$1.2B
$-205.3M
Total Assets
$2.2B
$2.9B
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIGR
FIGR
PTCT
PTCT
Q4 25
$1.9B
Q3 25
$1.1B
$1.7B
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$1.1B
Q3 24
$1.0B
Q2 24
$1.1B
Q1 24
$884.8M
Total Debt
FIGR
FIGR
PTCT
PTCT
Q4 25
Q3 25
$466.8M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FIGR
FIGR
PTCT
PTCT
Q4 25
$-205.3M
Q3 25
$1.2B
$-155.8M
Q2 25
$-206.5M
Q1 25
$-185.8M
Q4 24
$-1.1B
Q3 24
$-1.1B
Q2 24
$-980.2M
Q1 24
$-893.9M
Total Assets
FIGR
FIGR
PTCT
PTCT
Q4 25
$2.9B
Q3 25
$2.2B
$2.6B
Q2 25
$2.6B
Q1 25
$2.7B
Q4 24
$1.7B
Q3 24
$1.8B
Q2 24
$1.9B
Q1 24
$1.8B
Debt / Equity
FIGR
FIGR
PTCT
PTCT
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
PTCT
PTCT
Operating Cash FlowLast quarter
$49.3M
$-34.3M
Free Cash FlowOCF − Capex
$-36.6M
FCF MarginFCF / Revenue
-22.3%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
0.55×
TTM Free Cash FlowTrailing 4 quarters
$702.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIGR
FIGR
PTCT
PTCT
Q4 25
$-34.3M
Q3 25
$49.3M
$-66.3M
Q2 25
$-58.3M
Q1 25
$870.1M
Q4 24
$-30.0M
Q3 24
$-77.0M
Q2 24
$-71.5M
Q1 24
$70.8M
Free Cash Flow
FIGR
FIGR
PTCT
PTCT
Q4 25
$-36.6M
Q3 25
$-69.7M
Q2 25
$-59.6M
Q1 25
$868.4M
Q4 24
$-33.8M
Q3 24
$-77.5M
Q2 24
$-78.8M
Q1 24
$61.2M
FCF Margin
FIGR
FIGR
PTCT
PTCT
Q4 25
-22.3%
Q3 25
-33.1%
Q2 25
-33.3%
Q1 25
73.8%
Q4 24
-15.8%
Q3 24
-39.4%
Q2 24
-42.2%
Q1 24
29.1%
Capex Intensity
FIGR
FIGR
PTCT
PTCT
Q4 25
1.4%
Q3 25
1.6%
Q2 25
0.7%
Q1 25
0.1%
Q4 24
1.8%
Q3 24
0.3%
Q2 24
4.0%
Q1 24
4.6%
Cash Conversion
FIGR
FIGR
PTCT
PTCT
Q4 25
Q3 25
0.55×
-4.17×
Q2 25
Q1 25
1.00×
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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