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Side-by-side financial comparison of Figure Technology Solutions, Inc. (FIGR) and Townsquare Media, Inc. (TSQ). 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 $106.5M, roughly 1.5× Townsquare Media, Inc.). Figure Technology Solutions, Inc. runs the higher net margin — 57.3% vs -4.9%, a 62.2% 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.

Townsquare Media, Inc. is an American radio network and media company based in Purchase, New York. The company started in radio and expanded into digital media toward the end of the 2000s, starting with the acquisition of the MOG Music Network. As of June 2024, Townsquare was the third-largest AM–FM operator in the country, owning 349 radio stations in 74 markets.

FIGR vs TSQ — Head-to-Head

Bigger by revenue
FIGR
FIGR
1.5× larger
FIGR
$156.4M
$106.5M
TSQ
Higher net margin
FIGR
FIGR
62.2% more per $
FIGR
57.3%
-4.9%
TSQ

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
FIGR
FIGR
TSQ
TSQ
Revenue
$156.4M
$106.5M
Net Profit
$89.6M
$-5.2M
Gross Margin
24.1%
Operating Margin
33.7%
9.5%
Net Margin
57.3%
-4.9%
Revenue YoY
-9.6%
Net Profit YoY
-121.2%
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
TSQ
TSQ
Q4 25
$106.5M
Q3 25
$156.4M
$106.8M
Q2 25
$115.4M
Q1 25
$98.7M
Q4 24
$117.8M
Q3 24
$115.3M
Q2 24
$118.2M
Q1 24
$99.6M
Net Profit
FIGR
FIGR
TSQ
TSQ
Q4 25
$-5.2M
Q3 25
$89.6M
$-5.9M
Q2 25
$1.6M
Q1 25
$-2.0M
Q4 24
$24.6M
Q3 24
$10.8M
Q2 24
$-49.2M
Q1 24
$1.1M
Gross Margin
FIGR
FIGR
TSQ
TSQ
Q4 25
24.1%
Q3 25
26.2%
Q2 25
28.3%
Q1 25
23.2%
Q4 24
31.6%
Q3 24
27.3%
Q2 24
27.7%
Q1 24
22.8%
Operating Margin
FIGR
FIGR
TSQ
TSQ
Q4 25
9.5%
Q3 25
33.7%
5.6%
Q2 25
18.2%
Q1 25
7.2%
Q4 24
18.1%
Q3 24
13.1%
Q2 24
-18.1%
Q1 24
6.7%
Net Margin
FIGR
FIGR
TSQ
TSQ
Q4 25
-4.9%
Q3 25
57.3%
-5.5%
Q2 25
1.4%
Q1 25
-2.0%
Q4 24
20.8%
Q3 24
9.4%
Q2 24
-41.7%
Q1 24
1.1%
EPS (diluted)
FIGR
FIGR
TSQ
TSQ
Q4 25
Q3 25
$0.34
$-0.36
Q2 25
$0.09
Q1 25
$-0.12
Q4 24
$1.76
Q3 24
$0.63
Q2 24
$-3.26
Q1 24
$0.06

Balance Sheet & Financial Strength

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

Metric
FIGR
FIGR
TSQ
TSQ
Cash + ST InvestmentsLiquidity on hand
$1.1B
$4.8M
Total DebtLower is stronger
$466.8M
$433.0M
Stockholders' EquityBook value
$1.2B
$-41.0M
Total Assets
$2.2B
$528.6M
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIGR
FIGR
TSQ
TSQ
Q4 25
$4.8M
Q3 25
$1.1B
$3.2M
Q2 25
$3.2M
Q1 25
$5.5M
Q4 24
$33.0M
Q3 24
$21.8M
Q2 24
$28.5M
Q1 24
$56.6M
Total Debt
FIGR
FIGR
TSQ
TSQ
Q4 25
$433.0M
Q3 25
$466.8M
$437.6M
Q2 25
$439.7M
Q1 25
$448.4M
Q4 24
$465.8M
Q3 24
$476.7M
Q2 24
$487.1M
Q1 24
$500.1M
Stockholders' Equity
FIGR
FIGR
TSQ
TSQ
Q4 25
$-41.0M
Q3 25
$1.2B
$-34.0M
Q2 25
$-27.1M
Q1 25
$-26.8M
Q4 24
$-28.4M
Q3 24
$-52.5M
Q2 24
$-64.1M
Q1 24
$1.8M
Total Assets
FIGR
FIGR
TSQ
TSQ
Q4 25
$528.6M
Q3 25
$2.2B
$539.2M
Q2 25
$545.7M
Q1 25
$544.5M
Q4 24
$580.4M
Q3 24
$565.4M
Q2 24
$579.6M
Q1 24
$636.7M
Debt / Equity
FIGR
FIGR
TSQ
TSQ
Q4 25
Q3 25
0.40×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
271.80×

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
TSQ
TSQ
Operating Cash FlowLast quarter
$49.3M
$12.6M
Free Cash FlowOCF − Capex
$9.2M
FCF MarginFCF / Revenue
8.6%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
0.55×
TTM Free Cash FlowTrailing 4 quarters
$15.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIGR
FIGR
TSQ
TSQ
Q4 25
$12.6M
Q3 25
$49.3M
$7.9M
Q2 25
$10.2M
Q1 25
$-66.0K
Q4 24
$28.2M
Q3 24
$9.9M
Q2 24
$9.0M
Q1 24
$1.7M
Free Cash Flow
FIGR
FIGR
TSQ
TSQ
Q4 25
$9.2M
Q3 25
$4.3M
Q2 25
$6.4M
Q1 25
$-4.5M
Q4 24
$24.5M
Q3 24
$4.8M
Q2 24
$4.8M
Q1 24
$-2.8M
FCF Margin
FIGR
FIGR
TSQ
TSQ
Q4 25
8.6%
Q3 25
4.1%
Q2 25
5.5%
Q1 25
-4.6%
Q4 24
20.8%
Q3 24
4.1%
Q2 24
4.0%
Q1 24
-2.8%
Capex Intensity
FIGR
FIGR
TSQ
TSQ
Q4 25
3.2%
Q3 25
3.3%
Q2 25
3.3%
Q1 25
4.5%
Q4 24
3.1%
Q3 24
4.4%
Q2 24
3.6%
Q1 24
4.4%
Cash Conversion
FIGR
FIGR
TSQ
TSQ
Q4 25
Q3 25
0.55×
Q2 25
6.51×
Q1 25
Q4 24
1.15×
Q3 24
0.91×
Q2 24
Q1 24
1.47×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FIGR
FIGR

Segment breakdown not available.

TSQ
TSQ

Broadcast Advertising Segment$46.4M44%
Digital Advertising Segment$41.7M39%
Subscription Digital Marketing Solutions Segment$18.4M17%

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