Bitcoin ATM at the Arturo Soria Plaza Shopping Centre on December 8, 2025, in Madrid, Spain (Cristina Arias/Getty Images)

Figure Technology posts mixed Q4 results

The blockchain fintech company just reported Q4 results.

Luke Kawa

Figure Technology Solutions released Q4 results that aren’t much of a surprise, despite a key executive flagging the event as a potential major catalyst for the company.

Shares slumped in postmarket trading.

The numbers:

Revenue: $159.9 million (estimate: $156.2 million)
Adjusted EBITDA: $81.3 million (estimate: $81.5 million)

On Sunday, the cofounder tweeted this ahead of earnings, seemingly implying that these numbers might kick off a short squeeze:

Also - just a reminder - earnings are Thursday. https://t.co/lEQ6uh8sRr
— Mike Cagney 🇺🇸 (@mcagney) February 22, 2026

The firm already released preliminary ranges for these results on February 13 as management announced a non-dilutive secondary offering of blockchain-native shares, which were ultimately priced at a substantial discount and received heavy interest.

The actual Q4 figures turned out to be modestly below the midpoints of the ranges provided.

Luke Kawa

56m

CoreWeave tumbles on weaker-than-expected Q4 adjusted EBITDA

The neocloud just released quarterly results.

Cloud Based Artificial Intelligence Computing Company CoreWeave Has IPO On Nasdaq Exchange

Max Knoblauch1h

Warner Bros. board deems Paramount’s $31-per-share offer a superior deal, starting four-day countdown for Netflix response

The Warner Bros. Discovery board has determined that Paramount’s latest deal constitutes a superior proposal to the $83 billion agreement it has with Netflix.

The Netflix merger remains in effect, but the determination kicks off a four-business-day window for the streamer to amend its deal to match or beat Paramount’s.

Should Netflix decide to not raise its own offer to a degree the Warner Bros. board determines to be the “Company Superior Proposal,” Warner Bros. would be entitled to terminate that merger agreement.

Netflix is said to have ample cash to increase its own offer for Warner Bros., but it’s yet to be seen how high the company is willing to go. Netflix shares have increased since Paramount boosted its bid, signaling that its own investors aren’t exactly rooting for it to make the purchase.

Warner Bros.’ announcement boosted Paramount’s odds on prediction markets to end up in control of the company. As of 4:40 p.m. ET on Thursday, event contracts speculating on which company will ultimately come out on top of the bidding war have Paramount at a 62% chance over Netflix’s 33% odds.

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)