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Side-by-side financial comparison of Figure Technology Solutions, Inc. (FIGR) and Via Transportation, Inc. (VIA). 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 $109.7M, roughly 1.4× Via Transportation, Inc.). Figure Technology Solutions, Inc. runs the higher net margin — 57.3% vs -33.6%, a 90.9% 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.

Via Transportation, Inc. is an American technology company that provides software as a service (SaaS) and operations to improve public transportation networks for cities, transit agencies, schools and universities, healthcare providers, and corporations around the world. Via offers fully managed transit services as well as transportation planning tools, consulting services, operational support, and navigation.

FIGR vs VIA — Head-to-Head

Bigger by revenue
FIGR
FIGR
1.4× larger
FIGR
$156.4M
$109.7M
VIA
Higher net margin
FIGR
FIGR
90.9% more per $
FIGR
57.3%
-33.6%
VIA

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
FIGR
FIGR
VIA
VIA
Revenue
$156.4M
$109.7M
Net Profit
$89.6M
$-36.9M
Gross Margin
39.3%
Operating Margin
33.7%
-17.2%
Net Margin
57.3%
-33.6%
Revenue YoY
Net Profit YoY
EPS (diluted)
$0.34
$-1.49

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
FIGR
FIGR
VIA
VIA
Cash + ST InvestmentsLiquidity on hand
$1.1B
$378.2M
Total DebtLower is stronger
$466.8M
Stockholders' EquityBook value
$1.2B
$574.6M
Total Assets
$2.2B
$702.1M
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIGR
FIGR
VIA
VIA
Q3 25
$1.1B
$378.2M
Total Debt
FIGR
FIGR
VIA
VIA
Q3 25
$466.8M
Stockholders' Equity
FIGR
FIGR
VIA
VIA
Q3 25
$1.2B
$574.6M
Total Assets
FIGR
FIGR
VIA
VIA
Q3 25
$2.2B
$702.1M
Debt / Equity
FIGR
FIGR
VIA
VIA
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
FIGR
FIGR
VIA
VIA
Operating Cash FlowLast quarter
$49.3M
$-30.4M
Free Cash FlowOCF − Capex
$-31.8M
FCF MarginFCF / Revenue
-29.0%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
0.55×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIGR
FIGR
VIA
VIA
Q3 25
$49.3M
$-30.4M
Free Cash Flow
FIGR
FIGR
VIA
VIA
Q3 25
$-31.8M
FCF Margin
FIGR
FIGR
VIA
VIA
Q3 25
-29.0%
Capex Intensity
FIGR
FIGR
VIA
VIA
Q3 25
1.2%
Cash Conversion
FIGR
FIGR
VIA
VIA
Q3 25
0.55×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FIGR
FIGR

Segment breakdown not available.

VIA
VIA

Government Customer$103.7M95%
Commercial Customer$5.9M5%

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