vs

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

Thryv Holdings, Inc. is the larger business by last-quarter revenue ($191.6M vs $156.4M, roughly 1.2× Figure Technology Solutions, Inc.). Figure Technology Solutions, Inc. runs the higher net margin — 57.3% vs -5.0%, a 62.3% 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.

Thryv Holdings, Inc. is a publicly traded software as a service (SaaS) company, providing customer relationship management and online reputation management software for small businesses. It has headquarters in Dallas, Texas, and operates in 48 states across the United States of America with more than 2,400 employees. The company began as a conglomerate of Yellow Pages companies. In June 2020, Thryv reported $1.3 billion in revenue over a twelve-month period.

FIGR vs THRY — Head-to-Head

Bigger by revenue
THRY
THRY
1.2× larger
THRY
$191.6M
$156.4M
FIGR
Higher net margin
FIGR
FIGR
62.3% more per $
FIGR
57.3%
-5.0%
THRY

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
FIGR
FIGR
THRY
THRY
Revenue
$156.4M
$191.6M
Net Profit
$89.6M
$-9.7M
Gross Margin
68.0%
Operating Margin
33.7%
5.3%
Net Margin
57.3%
-5.0%
Revenue YoY
2.7%
Net Profit YoY
-222.5%
EPS (diluted)
$0.34
$-0.21

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
THRY
THRY
Q4 25
$191.6M
Q3 25
$156.4M
$201.6M
Q2 25
$210.5M
Q1 25
$181.4M
Q4 24
$186.6M
Q3 24
$179.9M
Q2 24
$224.1M
Q1 24
$233.6M
Net Profit
FIGR
FIGR
THRY
THRY
Q4 25
$-9.7M
Q3 25
$89.6M
$5.7M
Q2 25
$13.9M
Q1 25
$-9.6M
Q4 24
$7.9M
Q3 24
$-96.1M
Q2 24
$5.5M
Q1 24
$8.4M
Gross Margin
FIGR
FIGR
THRY
THRY
Q4 25
68.0%
Q3 25
67.7%
Q2 25
69.7%
Q1 25
65.8%
Q4 24
65.9%
Q3 24
62.3%
Q2 24
66.3%
Q1 24
65.8%
Operating Margin
FIGR
FIGR
THRY
THRY
Q4 25
5.3%
Q3 25
33.7%
9.9%
Q2 25
14.0%
Q1 25
-1.7%
Q4 24
-3.9%
Q3 24
-49.2%
Q2 24
14.0%
Q1 24
13.3%
Net Margin
FIGR
FIGR
THRY
THRY
Q4 25
-5.0%
Q3 25
57.3%
2.8%
Q2 25
6.6%
Q1 25
-5.3%
Q4 24
4.2%
Q3 24
-53.4%
Q2 24
2.5%
Q1 24
3.6%
EPS (diluted)
FIGR
FIGR
THRY
THRY
Q4 25
$-0.21
Q3 25
$0.34
$0.13
Q2 25
$0.31
Q1 25
$-0.22
Q4 24
$0.28
Q3 24
$-2.65
Q2 24
$0.15
Q1 24
$0.22

Balance Sheet & Financial Strength

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

Metric
FIGR
FIGR
THRY
THRY
Cash + ST InvestmentsLiquidity on hand
$1.1B
$10.8M
Total DebtLower is stronger
$466.8M
$253.5M
Stockholders' EquityBook value
$1.2B
$218.1M
Total Assets
$2.2B
$688.6M
Debt / EquityLower = less leverage
0.40×
1.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIGR
FIGR
THRY
THRY
Q4 25
$10.8M
Q3 25
$1.1B
$11.6M
Q2 25
$10.8M
Q1 25
$11.0M
Q4 24
$16.3M
Q3 24
$12.5M
Q2 24
$15.5M
Q1 24
$14.4M
Total Debt
FIGR
FIGR
THRY
THRY
Q4 25
$253.5M
Q3 25
$466.8M
$268.2M
Q2 25
$275.6M
Q1 25
$299.0M
Q4 24
$284.3M
Q3 24
$307.8M
Q2 24
$342.1M
Q1 24
$347.6M
Stockholders' Equity
FIGR
FIGR
THRY
THRY
Q4 25
$218.1M
Q3 25
$1.2B
$221.1M
Q2 25
$214.9M
Q1 25
$193.2M
Q4 24
$196.9M
Q3 24
$94.5M
Q2 24
$183.1M
Q1 24
$167.1M
Total Assets
FIGR
FIGR
THRY
THRY
Q4 25
$688.6M
Q3 25
$2.2B
$701.8M
Q2 25
$687.7M
Q1 25
$703.7M
Q4 24
$712.2M
Q3 24
$654.8M
Q2 24
$785.5M
Q1 24
$786.8M
Debt / Equity
FIGR
FIGR
THRY
THRY
Q4 25
1.16×
Q3 25
0.40×
1.21×
Q2 25
1.28×
Q1 25
1.55×
Q4 24
1.44×
Q3 24
3.26×
Q2 24
1.87×
Q1 24
2.08×

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
THRY
THRY
Operating Cash FlowLast quarter
$49.3M
$22.2M
Free Cash FlowOCF − Capex
$12.3M
FCF MarginFCF / Revenue
6.4%
Capex IntensityCapex / Revenue
5.2%
Cash ConversionOCF / Net Profit
0.55×
TTM Free Cash FlowTrailing 4 quarters
$31.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIGR
FIGR
THRY
THRY
Q4 25
$22.2M
Q3 25
$49.3M
$22.2M
Q2 25
$29.6M
Q1 25
$-10.5M
Q4 24
$26.1M
Q3 24
$36.0M
Q2 24
$22.2M
Q1 24
$5.4M
Free Cash Flow
FIGR
FIGR
THRY
THRY
Q4 25
$12.3M
Q3 25
$14.6M
Q2 25
$21.8M
Q1 25
$-17.6M
Q4 24
$17.3M
Q3 24
$27.5M
Q2 24
$13.3M
Q1 24
$-1.8M
FCF Margin
FIGR
FIGR
THRY
THRY
Q4 25
6.4%
Q3 25
7.2%
Q2 25
10.4%
Q1 25
-9.7%
Q4 24
9.3%
Q3 24
15.3%
Q2 24
5.9%
Q1 24
-0.8%
Capex Intensity
FIGR
FIGR
THRY
THRY
Q4 25
5.2%
Q3 25
3.8%
Q2 25
3.7%
Q1 25
3.9%
Q4 24
4.7%
Q3 24
4.7%
Q2 24
4.0%
Q1 24
3.1%
Cash Conversion
FIGR
FIGR
THRY
THRY
Q4 25
Q3 25
0.55×
3.93×
Q2 25
2.12×
Q1 25
Q4 24
3.32×
Q3 24
Q2 24
4.01×
Q1 24
0.65×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FIGR
FIGR

Segment breakdown not available.

THRY
THRY

Software As A Service$119.0M62%
Print$56.2M29%
Digital$16.4M9%

Related Comparisons