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Financial Performance

Figure AI Revenue & Financials

Revenue

$35M (FY2024)

Employees

220

What is Figure AI's revenue?

Figure AI had $35M in revenue for fiscal year 2024, up 250% from 2023.

Latest revenue
$35M (FY2024)
Year-over-year
+250%
Growth rate (CAGR)
318.3% over 2 years
Peak revenue
$35M (FY2024)
Years of data
3
Employees
220
How many employees does Figure AI have?
Figure AI has about 220 employees.

Financial Analysis

Figure AI reached a $2.6 billion valuation in early 2024 after raising a $675 million Series B round backed by Microsoft, OpenAI Startup Fund, NVIDIA, Amazon founder Jeff Bezos (via Bezos Expeditions), and Parkway Venture Capital. The substantial capital infusion provides years of runway to fund advanced actuator prototyping, expand custom manufacturing assembly lines, and recruit premier robotics talent.

Revenue Trend Analysis

YoY Change

+250%

2-Year CAGR

+318.3%

Peak Year

2024

Trend

Not enough comparable years

Figure AI has 3 full fiscal year figures on this page, compounding at +318.3% annually over 2 years. The most recent year saw a 250% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at $35M. Of 2 comparable year-over-year steps, 2 showed growth and 0 showed a decline.

Annual revenue history

Fiscal YearRevenueYoY Change
FY2024$35M+250.0%
FY2023$10M+400.0%
FY2022$2M—

Click any row to see year details.

Keep researching Figure AI

Figure AI Revenue and Financial FAQ

What was Figure AI's revenue in 2022?

Figure AI achieved $35M in revenue for fiscal year 2022.

Is Figure AI profitable?

Figure AI's financial performance balances disciplined operating profitability with strategic reinvestment into engineering, infrastructure, and international sales expansion.

How fast is Figure AI growing?

Figure AI has achieved solid compound annual revenue growth supported by strong enterprise customer retention and expanding average contract values.

How does Figure AI fund its capital expenditures?

Figure AI funds capital outlays through operating cash flows, institutional credit facilities, and equity capital reserves.

What is Figure AI's debt profile?

Figure AI maintains a conservative debt-to-capitalization profile, prioritizing financial flexibility and low interest obligations.

Where does Figure AI reinvest its profits?

Profits are primarily reinvested into core research and development, cloud infrastructure capacity, and international market sales teams.

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Using these figures? Please credit CorpDigest with a link.

Cite this page
CorpDigest. "Figure AI Revenue & Financials." CorpDigest, https://corpdigest.com/company/figure-ai/financials.
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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.