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Side-by-side financial comparison of Figure Technology Solutions, Inc. (FIGR) and VERACYTE, INC. (VCYT). 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 $140.6M, roughly 1.1× VERACYTE, INC.). Figure Technology Solutions, Inc. runs the higher net margin — 57.3% vs 29.3%, a 28.0% 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.

Veracyte Inc. is a leading molecular diagnostics company that develops and commercializes proprietary genomic testing solutions for early, accurate detection of cancer and other complex diseases. Its offerings help healthcare providers make better clinical decisions to improve patient outcomes, with core operations in the U.S. and expanding global market presence across key clinical segments.

FIGR vs VCYT — Head-to-Head

Bigger by revenue
FIGR
FIGR
1.1× larger
FIGR
$156.4M
$140.6M
VCYT
Higher net margin
FIGR
FIGR
28.0% more per $
FIGR
57.3%
29.3%
VCYT

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
FIGR
FIGR
VCYT
VCYT
Revenue
$156.4M
$140.6M
Net Profit
$89.6M
$41.1M
Gross Margin
72.5%
Operating Margin
33.7%
26.4%
Net Margin
57.3%
29.3%
Revenue YoY
18.5%
Net Profit YoY
704.8%
EPS (diluted)
$0.34
$0.50

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
VCYT
VCYT
Q4 25
$140.6M
Q3 25
$156.4M
$131.9M
Q2 25
$130.2M
Q1 25
$114.5M
Q4 24
$118.6M
Q3 24
$115.9M
Q2 24
$114.4M
Q1 24
$96.8M
Net Profit
FIGR
FIGR
VCYT
VCYT
Q4 25
$41.1M
Q3 25
$89.6M
$19.1M
Q2 25
$-980.0K
Q1 25
$7.0M
Q4 24
$5.1M
Q3 24
$15.2M
Q2 24
$5.7M
Q1 24
$-1.9M
Gross Margin
FIGR
FIGR
VCYT
VCYT
Q4 25
72.5%
Q3 25
69.2%
Q2 25
69.0%
Q1 25
69.5%
Q4 24
66.4%
Q3 24
68.2%
Q2 24
68.1%
Q1 24
64.5%
Operating Margin
FIGR
FIGR
VCYT
VCYT
Q4 25
26.4%
Q3 25
33.7%
17.4%
Q2 25
-4.0%
Q1 25
2.5%
Q4 24
3.5%
Q3 24
10.4%
Q2 24
4.0%
Q1 24
-4.8%
Net Margin
FIGR
FIGR
VCYT
VCYT
Q4 25
29.3%
Q3 25
57.3%
14.5%
Q2 25
-0.8%
Q1 25
6.2%
Q4 24
4.3%
Q3 24
13.1%
Q2 24
5.0%
Q1 24
-1.9%
EPS (diluted)
FIGR
FIGR
VCYT
VCYT
Q4 25
$0.50
Q3 25
$0.34
$0.24
Q2 25
$-0.01
Q1 25
$0.09
Q4 24
$0.07
Q3 24
$0.19
Q2 24
$0.07
Q1 24
$-0.02

Balance Sheet & Financial Strength

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

Metric
FIGR
FIGR
VCYT
VCYT
Cash + ST InvestmentsLiquidity on hand
$1.1B
$362.6M
Total DebtLower is stronger
$466.8M
Stockholders' EquityBook value
$1.2B
$1.3B
Total Assets
$2.2B
$1.4B
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIGR
FIGR
VCYT
VCYT
Q4 25
$362.6M
Q3 25
$1.1B
$315.6M
Q2 25
$219.5M
Q1 25
$186.1M
Q4 24
$239.1M
Q3 24
$274.1M
Q2 24
$235.9M
Q1 24
$209.2M
Total Debt
FIGR
FIGR
VCYT
VCYT
Q4 25
Q3 25
$466.8M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FIGR
FIGR
VCYT
VCYT
Q4 25
$1.3B
Q3 25
$1.2B
$1.3B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.1B
Q1 24
$1.1B
Total Assets
FIGR
FIGR
VCYT
VCYT
Q4 25
$1.4B
Q3 25
$2.2B
$1.4B
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.3B
Q2 24
$1.2B
Q1 24
$1.2B
Debt / Equity
FIGR
FIGR
VCYT
VCYT
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
VCYT
VCYT
Operating Cash FlowLast quarter
$49.3M
$52.6M
Free Cash FlowOCF − Capex
$48.8M
FCF MarginFCF / Revenue
34.7%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
0.55×
1.28×
TTM Free Cash FlowTrailing 4 quarters
$126.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIGR
FIGR
VCYT
VCYT
Q4 25
$52.6M
Q3 25
$49.3M
$44.8M
Q2 25
$33.6M
Q1 25
$5.4M
Q4 24
$24.5M
Q3 24
$30.0M
Q2 24
$29.6M
Q1 24
$-9.0M
Free Cash Flow
FIGR
FIGR
VCYT
VCYT
Q4 25
$48.8M
Q3 25
$42.0M
Q2 25
$32.3M
Q1 25
$3.5M
Q4 24
$20.4M
Q3 24
$27.7M
Q2 24
$26.8M
Q1 24
$-11.1M
FCF Margin
FIGR
FIGR
VCYT
VCYT
Q4 25
34.7%
Q3 25
31.8%
Q2 25
24.8%
Q1 25
3.1%
Q4 24
17.2%
Q3 24
23.9%
Q2 24
23.4%
Q1 24
-11.5%
Capex Intensity
FIGR
FIGR
VCYT
VCYT
Q4 25
2.7%
Q3 25
2.1%
Q2 25
1.0%
Q1 25
1.6%
Q4 24
3.5%
Q3 24
1.9%
Q2 24
2.4%
Q1 24
2.2%
Cash Conversion
FIGR
FIGR
VCYT
VCYT
Q4 25
1.28×
Q3 25
0.55×
2.34×
Q2 25
Q1 25
0.76×
Q4 24
4.80×
Q3 24
1.98×
Q2 24
5.16×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

FIGR
FIGR

Segment breakdown not available.

VCYT
VCYT

Testing$135.8M97%
Products$3.8M3%
Biopharmaceutical And Other$686.0K0%

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