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Side-by-side financial comparison of Figure Technology Solutions, Inc. (FIGR) and VERRA MOBILITY Corp (VRRM). Click either name above to swap in a different company.

VERRA MOBILITY Corp is the larger business by last-quarter revenue ($223.6M vs $156.4M, roughly 1.4× Figure Technology Solutions, Inc.). Figure Technology Solutions, Inc. runs the higher net margin — 57.3% vs 12.0%, a 45.3% 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.

Verra Mobility Corp is a leading global smart mobility technology solution provider. It delivers toll management, parking and traffic compliance enforcement, connected vehicle services, and fleet management tools, serving government transport agencies, rental car operators, commercial fleet owners, and automotive partners across North America, Europe, and Asia-Pacific.

FIGR vs VRRM — Head-to-Head

Bigger by revenue
VRRM
VRRM
1.4× larger
VRRM
$223.6M
$156.4M
FIGR
Higher net margin
FIGR
FIGR
45.3% more per $
FIGR
57.3%
12.0%
VRRM

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
FIGR
FIGR
VRRM
VRRM
Revenue
$156.4M
$223.6M
Net Profit
$89.6M
$26.7M
Gross Margin
Operating Margin
33.7%
23.2%
Net Margin
57.3%
12.0%
Revenue YoY
0.1%
Net Profit YoY
-17.3%
EPS (diluted)
$0.34
$0.17

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
VRRM
VRRM
Q1 26
$223.6M
Q4 25
$257.9M
Q3 25
$156.4M
$261.9M
Q2 25
$236.0M
Q1 25
$223.3M
Q4 24
$221.5M
Q3 24
$225.6M
Q2 24
$222.4M
Net Profit
FIGR
FIGR
VRRM
VRRM
Q1 26
$26.7M
Q4 25
$18.9M
Q3 25
$89.6M
$46.8M
Q2 25
$38.6M
Q1 25
$32.3M
Q4 24
$-66.7M
Q3 24
$34.7M
Q2 24
$34.2M
Operating Margin
FIGR
FIGR
VRRM
VRRM
Q1 26
23.2%
Q4 25
16.7%
Q3 25
33.7%
28.6%
Q2 25
26.8%
Q1 25
25.7%
Q4 24
-19.6%
Q3 24
28.3%
Q2 24
27.5%
Net Margin
FIGR
FIGR
VRRM
VRRM
Q1 26
12.0%
Q4 25
7.3%
Q3 25
57.3%
17.9%
Q2 25
16.3%
Q1 25
14.5%
Q4 24
-30.1%
Q3 24
15.4%
Q2 24
15.4%
EPS (diluted)
FIGR
FIGR
VRRM
VRRM
Q1 26
$0.17
Q4 25
$0.12
Q3 25
$0.34
$0.29
Q2 25
$0.24
Q1 25
$0.20
Q4 24
$-0.39
Q3 24
$0.21
Q2 24
$0.20

Balance Sheet & Financial Strength

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

Metric
FIGR
FIGR
VRRM
VRRM
Cash + ST InvestmentsLiquidity on hand
$1.1B
$46.9M
Total DebtLower is stronger
$466.8M
$34.1M
Stockholders' EquityBook value
$1.2B
$272.0M
Total Assets
$2.2B
$1.7B
Debt / EquityLower = less leverage
0.40×
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIGR
FIGR
VRRM
VRRM
Q1 26
$46.9M
Q4 25
$65.3M
Q3 25
$1.1B
$196.1M
Q2 25
$147.7M
Q1 25
$108.5M
Q4 24
$77.6M
Q3 24
$206.1M
Q2 24
$122.0M
Total Debt
FIGR
FIGR
VRRM
VRRM
Q1 26
$34.1M
Q4 25
$1.0B
Q3 25
$466.8M
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$1.0B
Q2 24
$1.0B
Stockholders' Equity
FIGR
FIGR
VRRM
VRRM
Q1 26
$272.0M
Q4 25
$293.0M
Q3 25
$1.2B
$403.1M
Q2 25
$352.1M
Q1 25
$299.6M
Q4 24
$265.1M
Q3 24
$486.5M
Q2 24
$438.6M
Total Assets
FIGR
FIGR
VRRM
VRRM
Q1 26
$1.7B
Q4 25
$1.6B
Q3 25
$2.2B
$1.8B
Q2 25
$1.7B
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$1.9B
Q2 24
$1.8B
Debt / Equity
FIGR
FIGR
VRRM
VRRM
Q1 26
0.13×
Q4 25
3.51×
Q3 25
0.40×
2.55×
Q2 25
2.93×
Q1 25
3.45×
Q4 24
3.90×
Q3 24
2.13×
Q2 24
2.36×

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
VRRM
VRRM
Operating Cash FlowLast quarter
$49.3M
$40.8M
Free Cash FlowOCF − Capex
$9.6M
FCF MarginFCF / Revenue
4.3%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.55×
1.53×
TTM Free Cash FlowTrailing 4 quarters
$104.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIGR
FIGR
VRRM
VRRM
Q1 26
$40.8M
Q4 25
$40.0M
Q3 25
$49.3M
$77.7M
Q2 25
$75.1M
Q1 25
$63.0M
Q4 24
$40.5M
Q3 24
$108.8M
Q2 24
$40.0M
Free Cash Flow
FIGR
FIGR
VRRM
VRRM
Q1 26
$9.6M
Q4 25
$5.7M
Q3 25
$49.0M
Q2 25
$40.3M
Q1 25
$41.7M
Q4 24
$21.6M
Q3 24
$85.1M
Q2 24
$26.0M
FCF Margin
FIGR
FIGR
VRRM
VRRM
Q1 26
4.3%
Q4 25
2.2%
Q3 25
18.7%
Q2 25
17.1%
Q1 25
18.7%
Q4 24
9.8%
Q3 24
37.7%
Q2 24
11.7%
Capex Intensity
FIGR
FIGR
VRRM
VRRM
Q1 26
Q4 25
13.3%
Q3 25
11.0%
Q2 25
14.8%
Q1 25
9.5%
Q4 24
8.5%
Q3 24
10.5%
Q2 24
6.3%
Cash Conversion
FIGR
FIGR
VRRM
VRRM
Q1 26
1.53×
Q4 25
2.12×
Q3 25
0.55×
1.66×
Q2 25
1.95×
Q1 25
1.95×
Q4 24
Q3 24
3.13×
Q2 24
1.17×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FIGR
FIGR

Segment breakdown not available.

VRRM
VRRM

Government Solutions segment generated total$105.3M47%
Commercial Services segment generated total$97.8M44%
Parking Solutions segment generated total$20.4M9%

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