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Side-by-side financial comparison of Figure Technology Solutions, Inc. (FIGR) and STRATTEC SECURITY CORP (STRT). 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 $137.5M, roughly 1.1× STRATTEC SECURITY CORP). Figure Technology Solutions, Inc. runs the higher net margin — 57.3% vs 3.6%, a 53.7% 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.

STRATTEC Security Corp designs, manufactures and markets mechanical and electronic security access products, including automotive locks, keys, passive entry systems, and trunk release mechanisms. It primarily serves global automotive original equipment manufacturers, heavy-duty vehicle makers, and the automotive aftermarket across North America, Europe and Asia Pacific.

FIGR vs STRT — Head-to-Head

Bigger by revenue
FIGR
FIGR
1.1× larger
FIGR
$156.4M
$137.5M
STRT
Higher net margin
FIGR
FIGR
53.7% more per $
FIGR
57.3%
3.6%
STRT

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
FIGR
FIGR
STRT
STRT
Revenue
$156.4M
$137.5M
Net Profit
$89.6M
$4.9M
Gross Margin
16.5%
Operating Margin
33.7%
3.5%
Net Margin
57.3%
3.6%
Revenue YoY
5.9%
Net Profit YoY
275.1%
EPS (diluted)
$0.34
$1.20

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
STRT
STRT
Q4 25
$137.5M
Q3 25
$156.4M
$152.4M
Q2 25
$152.0M
Q1 25
$144.1M
Q4 24
$129.9M
Q3 24
$139.1M
Q1 24
$140.8M
Q4 23
$118.5M
Net Profit
FIGR
FIGR
STRT
STRT
Q4 25
$4.9M
Q3 25
$89.6M
$8.5M
Q2 25
$8.3M
Q1 25
$5.4M
Q4 24
$1.3M
Q3 24
$3.7M
Q1 24
$1.5M
Q4 23
$1.0M
Gross Margin
FIGR
FIGR
STRT
STRT
Q4 25
16.5%
Q3 25
17.3%
Q2 25
16.7%
Q1 25
16.0%
Q4 24
13.2%
Q3 24
13.6%
Q1 24
10.4%
Q4 23
11.4%
Operating Margin
FIGR
FIGR
STRT
STRT
Q4 25
3.5%
Q3 25
33.7%
6.9%
Q2 25
5.6%
Q1 25
4.9%
Q4 24
1.6%
Q3 24
3.6%
Q1 24
1.4%
Q4 23
0.0%
Net Margin
FIGR
FIGR
STRT
STRT
Q4 25
3.6%
Q3 25
57.3%
5.6%
Q2 25
5.4%
Q1 25
3.7%
Q4 24
1.0%
Q3 24
2.7%
Q1 24
1.1%
Q4 23
0.9%
EPS (diluted)
FIGR
FIGR
STRT
STRT
Q4 25
$1.20
Q3 25
$0.34
$2.07
Q2 25
$2.02
Q1 25
$1.32
Q4 24
$0.32
Q3 24
$0.92
Q1 24
$0.37
Q4 23
$0.26

Balance Sheet & Financial Strength

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

Metric
FIGR
FIGR
STRT
STRT
Cash + ST InvestmentsLiquidity on hand
$1.1B
$99.0M
Total DebtLower is stronger
$466.8M
Stockholders' EquityBook value
$1.2B
$236.8M
Total Assets
$2.2B
$392.2M
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIGR
FIGR
STRT
STRT
Q4 25
$99.0M
Q3 25
$1.1B
$90.5M
Q2 25
$84.6M
Q1 25
$62.1M
Q4 24
$42.6M
Q3 24
$34.4M
Q1 24
$9.6M
Q4 23
$11.6M
Total Debt
FIGR
FIGR
STRT
STRT
Q4 25
Q3 25
$466.8M
Q2 25
Q1 25
Q4 24
Q3 24
Q1 24
Q4 23
Stockholders' Equity
FIGR
FIGR
STRT
STRT
Q4 25
$236.8M
Q3 25
$1.2B
$230.5M
Q2 25
$221.6M
Q1 25
$210.7M
Q4 24
$204.5M
Q3 24
$203.0M
Q1 24
$193.8M
Q4 23
$191.4M
Total Assets
FIGR
FIGR
STRT
STRT
Q4 25
$392.2M
Q3 25
$2.2B
$390.1M
Q2 25
$391.5M
Q1 25
$387.4M
Q4 24
$355.9M
Q3 24
$366.9M
Q1 24
$348.5M
Q4 23
$331.8M
Debt / Equity
FIGR
FIGR
STRT
STRT
Q4 25
Q3 25
0.40×
Q2 25
Q1 25
Q4 24
Q3 24
Q1 24
Q4 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
STRT
STRT
Operating Cash FlowLast quarter
$49.3M
$13.9M
Free Cash FlowOCF − Capex
$11.3M
FCF MarginFCF / Revenue
8.2%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
0.55×
2.81×
TTM Free Cash FlowTrailing 4 quarters
$67.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIGR
FIGR
STRT
STRT
Q4 25
$13.9M
Q3 25
$49.3M
$11.3M
Q2 25
$30.2M
Q1 25
$20.7M
Q4 24
$9.4M
Q3 24
$11.3M
Q1 24
$-309.0K
Q4 23
Free Cash Flow
FIGR
FIGR
STRT
STRT
Q4 25
$11.3M
Q3 25
$9.8M
Q2 25
$27.2M
Q1 25
$19.6M
Q4 24
$8.5M
Q3 24
$9.3M
Q1 24
$-2.0M
Q4 23
FCF Margin
FIGR
FIGR
STRT
STRT
Q4 25
8.2%
Q3 25
6.4%
Q2 25
17.9%
Q1 25
13.6%
Q4 24
6.6%
Q3 24
6.7%
Q1 24
-1.4%
Q4 23
Capex Intensity
FIGR
FIGR
STRT
STRT
Q4 25
1.9%
Q3 25
1.0%
Q2 25
2.0%
Q1 25
0.8%
Q4 24
0.7%
Q3 24
1.5%
Q1 24
1.2%
Q4 23
Cash Conversion
FIGR
FIGR
STRT
STRT
Q4 25
2.81×
Q3 25
0.55×
1.33×
Q2 25
3.65×
Q1 25
3.84×
Q4 24
7.16×
Q3 24
3.06×
Q1 24
-0.21×
Q4 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

FIGR
FIGR

Segment breakdown not available.

STRT
STRT

Door Handles And Exterior Trim$35.0M25%
Power Access Solutions$34.5M25%
Keys And Locksets$26.8M19%
Latches$16.3M12%
User Interface Controls$12.5M9%
Aftermarket And Service$9.4M7%
Other Product$3.1M2%
Related Party$1.3M1%

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