Form 8-K

8-K — Figure Technology Solutions, Inc.

Accession: 0001493152-26-046036

Filed: 2026-10-07

Period: 2026-10-06

CIK: 0002064124

SIC: 6163 (LOAN BROKERS)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 or 15(d)

the Securities Exchange Act of 1934

Date

of Report (Date of earliest event reported): October 6, 2026

Figure

Technology Solutions, Inc.

(Exact

name of registrant as specified in its charter)

Nevada

001-42829

99-2556408

incorporation)

(State

or other jurisdiction

File

Number)

(Commission

Identification

No.)

(IRS

Employer

100

West Liberty Street, Suite 600

Reno,

Nevada

89501

(Address

of principal executive offices)

(Zip

Code)

Registrant’s

telephone number, including area code: (917) 789-8049

Not

Applicable

(Former

name or former address, if changed since last report)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions:

☐

Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol

Name

of each exchange on which registered

Class

A Common Stock, par value $0.0001 per share

FIGR

The

Nasdaq Global Select Market

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933

(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging

growth company ☒

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item

2.02 Results of Operations and Financial Condition.

October 6, 2026, Figure Technology Solutions, Inc. (the “Company”) issued a press release announcing certain preliminary

operating results for the quarter ended September 30, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current

Report on Form 8-K.

The

information contained in this Current Report on Form 8-K (including Exhibit 99.1 hereto) shall not be deemed “filed” for

purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the

liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended,

or the Exchange Act, except as expressly set forth by specific reference in such a filing.

Item 9.01

Financial Statements and Exhibits.

(d)

The following Exhibit 99.1 relates to Item 2.02 and shall be deemed to be furnished, and not filed:

Exhibit

No.

Description

99.1

Press Release, dated October 6, 2026

104

Cover

Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant

to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its

behalf by the undersigned hereunto duly authorized.

FIGURE

TECHNOLOGY SOLUTIONS, INC.

Date:

October 6, 2026

By:

/s/

Michael Tannenbaum

Michael

Tannenbaum

Chief

Executive Officer and Director

EX-99.1

Filename: ex99-1.htm · Sequence: 2

Exhibit

99.1

FIGURE

TECHNOLOGY SOLUTIONS REPORTS PRELIMINARY September & Q3 2026 OPERATING DATA

NEW

YORK, October 6, 2026 (GLOBE NEWSWIRE) — Figure Technology Solutions, Inc. (Nasdaq: FIGR; OPEN: FGRS) (“Figure”), the

leading blockchain-native capital marketplace for the origination, funding, sale, and trading of tokenized assets, today reported select

unaudited preliminary operating data for the month and quarter ended September 30, 2026 that was at the high end of the Company’s

previously issued guidance range of $4.8B - $5.2B.

Consumer

Loan Marketplace Volume as presented in this release for September and Q3 2026 excludes volume originated on the Kiavi platform following

the September 1, 2026 closing (“Merger”). The Company’s previously issued Q3 2026 guidance did not include the contribution

of Kiavi. Kiavi loan volumes for the approximate one-month period post Merger will be included with Figure’s Q3 2026 financial

results, to be released in November.

Dollars in Millions

September

2026

August

2026

M/M

Change

September

2025

Y/Y

Change

Consumer Loan Marketplace Volume1

$ 1,783

$ 1,640

9 %

$ 876

104 %

$YLDS In Circulation2

$ 504

$ 446

13 %

$ 21

n.m.

Democratized Prime3

Matched Offers Balance

$ 588

$ 583

1 %

$ 22

n.m.

Borrower Demand

$ 600

$ 590

2 %

$ 27

n.m.

Available Lender Supply

$ 825

$ 829

-1 %

$ 26

n.m.

Dollars in Millions

2026

Q/Q

Change

2025

Y/Y

Change

Consumer Loan Marketplace Volume1

$ 5,119

$ 4,259

20 %

$ 2,469

107 %

$YLDS In Circulation2

$ 504

$ 556

-9 %

$ 21

n.m.

Democratized Prime3

Matched Offers Balance

$ 588

$ 392

50 %

$ 22

n.m.

Borrower Demand

$ 600

$ 414

45 %

$ 27

n.m.

Available Lender Supply

$ 825

$ 522

58 %

$ 26

n.m.

Excludes volume originated on the Kiavi platform following the September 1, 2026 closing

$YLDS launched in February 2025

Democratized Prime launched in June 2025

About

Certain Operating Metrics

order to better help understand our financial performance, we use several operating metrics, some of which are discussed below, to evaluate

our business and results, measure performance, identify trends, formulate plans, and make strategic decisions. Our determination and

presentation of these metrics may differ from that of other companies. The presentation of these metrics is meant to be considered in

addition to, not as a substitute for or in isolation from, our financial measures prepared in accordance with GAAP.

Consumer

Loan Marketplace Volume: We define Consumer Loan Marketplace Volume as the total U.S. dollar equivalent value of originations of HELOCs,

DSCRs, and personal loans on our LOS, as well as the volume of third-party loans traded on Figure Connect. We believe this measure is

an indication of our scale and represents the potential revenue opportunity from the technology used for consumer credit loan originations.

This measure does not include the contribution from Figure’s recently closed transaction with Kiavi. Prior-period volumes will

be recast following our next quarterly earnings release.

$YLDS

in Circulation: We define $YLDS in Circulation as the total U.S. dollar equivalent value of unsecured face-amount certificates solely

backed by the assets of Figure Certificate Company (FCC), which is the issuer of the certificates. This is reported as an end of period

outstanding balance.

Matched

Offers: We define Matched Offers as the U.S. dollar equivalent value of offers matched between borrowers and lenders on the Democratized

Prime platform. This is reported as an end of period outstanding balance.

Borrower

Demand: We define Borrower Demand as the U.S. dollar equivalent value that borrowers seek to borrow from the lending pool on the Democratized

Prime platform. This is reported as an end of period outstanding balance.

Available

Lender Supply: We define Lender Supply as the U.S. dollar equivalent value that lenders have made available in the lending pool on the

Democratized Prime platform. This is reported as an end of period outstanding balance.

Financial

Disclosure Advisory

The

information in this release is unaudited and the information for the months in the most recent fiscal quarter is preliminary, based on

Figure’s estimates, and subject to completion of financial closing procedures. Final results for the most recent fiscal quarter,

as reported in Figure’s quarterly and annual filings with the U.S. Securities and Exchange Commission (“SEC”), might

vary from the information in this release. Figure may at times make revisions to prior estimates to ensure consistency across comparable

periods.

Forward

Looking Statements Disclaimer

This

press release contains forward-looking statements intended to be covered by the safe harbor provisions of Section 27A of the Securities

Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of

historical fact contained in this press release, including without limitation statements regarding our future financial performance,

including our expectations regarding our operating data, guidance, the expected reconciliation of Kiavi’s contribution, and the

recasting of prior-period volumes, are forward-looking statements. These statements involve known and unknown risks, uncertainties, and

other important factors that may cause actual results to differ materially from those expressed or implied by the forward-looking statements.

In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,”

“expect,” “plan,” “anticipate,” “could,” “intend,” “target,”

“project,” “contemplate,” “believe,” “estimate,” “predict,” “potential,”

or “continue,” or the negative of these terms, and similar expressions. Forward-looking statements are predictions based

largely on our current expectations and projections about future events and financial trends that we believe may affect our business,

financial condition, and results of operations. These statements speak only as of the date of this press release.

Important

factors that could cause actual results to differ materially include, among others: the ability of the Company to successfully integrate

the business and operations of Kiavi; the ability to realize the anticipated benefits and synergies of the Merger; potential adverse

effects on the Company’s business, financial condition and results of operations resulting from the Merger; regulatory matters,

including compliance with applicable laws and regulations; our history of losses and the risk that we may not maintain profitability;

our reliance on HELOCs and exposure to fluctuations in the HELOC market and housing values; our ability to attract and retain borrowers,

partners, and loan purchasers and to drive adoption of Figure-branded and Partner-branded channels including Figure Connect; loan performance

and default rates and the effect of credit performance on access to and pricing of warehouse facilities, whole-loan sales, and securitizations;

changes in interest rates and U.S. monetary policy that impact originations, funding costs, and investor demand; legal and regulatory

risks affecting lending and mortgage-related activities and the evolving framework for digital assets, including potential changes in

the characterization or regulation of certain digital assets and related products; dependence on key third-party providers including

cloud, custodial, valuation, and data vendors and risks from outages or service disruptions; technology failures, cybersecurity incidents,

or other operational disruptions; protection and enforcement of intellectual property; compliance with licensing, consumer protection,

privacy, data security, and sanctions/AML laws, and shifting enforcement priorities at the federal and state levels; our ability to remediate

previously identified material weaknesses and meet our public company reporting and internal control obligations; competition; macroeconomic

and geopolitical conditions; our dual-class structure and concentrated voting control and related impacts on corporate governance; equity

market volatility affecting our Class A common stock; and the other risks described in “Risk Factors” in our Annual Report

on Form 10-K for the period ended December 31, 2025, filed with the SEC on March 16, 2026, our Quarterly Report on Form 10-Q for the

three months ended June 30, 2026, filed with the SEC on August 14, 2026, and in our other filings with the SEC.

About

Figure Technology Solutions, Inc

Figure

is a blockchain-native capital marketplace that seamlessly connects origination, funding, and secondary market activity. More than 489

partners use its loan origination system and capital marketplace. Collectively, Figure and its partners have originated approximately

$30 billion of home equity to date, among other products, making Figure’s ecosystem the largest non-bank provider of HELOCs. The

fastest growing components are Figure Connect, its consumer credit marketplace, and Democratized Prime, Figure’s on-chain lend-borrow

marketplace. Figure’s ecosystem also includes DART (Digital Asset Registry Technology) for asset custody and lien perfection, and

$YLDS, an SEC-registered yield-bearing stablecoin that operates as a tokenized money market fund.

Figure

is the market leader in real world asset (RWA) tokenization. The company has received AAA ratings from S&P and Moody’s on multiple

loan securitizations, the first of its kind for blockchain finance. For more information, visit https://figure.com or follow Figure

on LinkedIn.

News

& Information Disclosure

Investors

should note we may use our website (https://www.figure.com/), our investor relations website (https://investors.figure.com/),

our operating metrics website (https://figure.com/investors/metrics) and the social media accounts of Figure, Figure Markets and/or

Mike Cagney, our Co-Founder and Executive Chairman, as a means of disclosing information and for complying with our disclosure obligations

under Regulation FD. These include X (@figure, @mcagney, @figuremarkets), LinkedIn (https://www.linkedin.com/company/figuretechnologies/,

https://www.linkedin.com/in/mikecagney/), Instagram (@figuretechnologies), Facebook (https://www.facebook.com/Figure/),

and YouTube (@figuretechnologies). The information we post through these channels may be deemed material. Investors should monitor these

channels in addition to reviewing our press releases, SEC filings, and public conference calls.

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