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Side-by-side financial comparison of Figure Technology Solutions, Inc. (FIGR) and Twist Bioscience Corp (TWST). 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 $103.7M, roughly 1.5× Twist Bioscience Corp). Figure Technology Solutions, Inc. runs the higher net margin — 57.3% vs -29.4%, a 86.7% 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.
Twist Bioscience is a public biotechnology company based in South San Francisco that manufactures synthetic DNA and DNA products for customers in a wide range of industries. Twist was founded in 2013 by Emily Leproust, Bill Banyai, and Bill Peck.
FIGR vs TWST — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $156.4M | $103.7M |
| Net Profit | $89.6M | $-30.5M |
| Gross Margin | — | 52.0% |
| Operating Margin | 33.7% | -31.7% |
| Net Margin | 57.3% | -29.4% |
| Revenue YoY | — | 16.9% |
| Net Profit YoY | — | 3.4% |
| EPS (diluted) | $0.34 | $-0.50 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.1B | $197.9M |
| Total DebtLower is stronger | $466.8M | — |
| Stockholders' EquityBook value | $1.2B | $456.1M |
| Total Assets | $2.2B | $638.1M |
| Debt / EquityLower = less leverage | 0.40× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $197.9M | ||
| Q3 25 | $1.1B | — |
| Q4 25 | — | — | ||
| Q3 25 | $466.8M | — |
| Q4 25 | — | $456.1M | ||
| Q3 25 | $1.2B | — |
| Q4 25 | — | $638.1M | ||
| Q3 25 | $2.2B | — |
| Q4 25 | — | — | ||
| Q3 25 | 0.40× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $49.3M | $-24.8M |
| Free Cash FlowOCF − Capex | — | $-34.8M |
| FCF MarginFCF / Revenue | — | -33.5% |
| Capex IntensityCapex / Revenue | — | 9.6% |
| Cash ConversionOCF / Net Profit | 0.55× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-24.8M | ||
| Q3 25 | $49.3M | — |
| Q4 25 | — | $-34.8M | ||
| Q3 25 | — | — |
| Q4 25 | — | -33.5% | ||
| Q3 25 | — | — |
| Q4 25 | — | 9.6% | ||
| Q3 25 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | 0.55× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FIGR
Segment breakdown not available.
TWST
| Industrial Chemicals | $37.2M | 36% |
| Diagnostics | $35.3M | 34% |
| Food Or Agriculture | $12.8M | 12% |
| Academic Research | $12.2M | 12% |
| Health Care | $6.1M | 6% |
