Figma, Inc.

FIG Technology Software Application

Figma, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, up 41.0% from fiscal 2024. In the quarter to June 2026, revenue grew 48.3%, EPS was flat and free cash flow fell 16.8%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

21.47 1.52 −6.61%
Market cap
$12.3B
P/E
0.0×
Fwd P/E
−19.4×
Dividend yield
0.00%
F-score
4/9
Altman Z
7.43
Beneish M
−4.57
Dividend safety
n/a

Insider Decisions trades per month

Total buys 36.54
Total sells 292.64
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — 1 — — — — — — — —
Sell 14 13 7 13 4 — 6 3 6 10 2 2
Insider Ownership 57.09%

Capital & Financial Ratios $m

Market Cap 12,250.00
Revenue 1,281.47
Net Income (1,578.12)
Free Cash Flow 221.29
Net Debt (1,667.14)
Current Ratio 2.45 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E (19.40) (negative: loss-making)
P/S ratio 8.84
P/B ratio 7.66 (above 6: high)
Past 5Y EPS Growth —
This Y EPS Growth (36.67%) (below 0%: weak)
Next Y EPS Growth 25.28% (at or above 15%: strong)
Next Y revenue growth 39.23% (at or above 10%: strong)
Next 5Y EPS Growth 1.88%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —
Annual Dividend Rate 0.00
Annual Dividend Yield 0.00%
total individual payouts
2025 0.15
0.15
2024 0.63
0.08
0.08
0.08
0.39
2023 0.98
0.07
0.02
0.08
0.07
0.07
0.07
0.07
0.07
0.06
0.06
0.06
0.28
2022 0.82
0.01
0.07
0.00
0.07
0.12
0.14
0.40
2017 0.18
0.09
0.09
2016 0.35
0.08
0.09
0.09
0.09
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 1,419 1,458 1,656 1,667
Receivables 90 131 248 191
Inventory — — — —
Other — — 16 16
1,538 1,638 2,005 1,977
2023 2024 2025 Q'26
Payables 4 4 5 26
ST’ Debt — — — —
Other — — — —
545 447 776 807

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — — —
Earnings — — —
Book Value — — —

Revenue $m

Mar Jun Sep Dec Year
’26 333 370 — — —
’25 228 250 274 304 1,056
’24 156 177 199 217 749
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 97 61 — — —
’25 97 62 51 40 251
’24 (18) (178) 62 73 (62)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 89 50 — — —
’25 95 61 44 38 237
’24 (20) (180) 60 70 (69)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.27) (0.21) — — —
’25 0.04 0.00 (2.72) (0.44) (3.71)
’24 0.08 (4.39) (0.07) 0.64 (3.74)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — — — — — 32.83

Analyst estimates 2026–2028

Powerpack
High — — — — — — — — — 142.92
People
People Employees — — — — — — — — 1,646 1,886
Revenue/emp, $m — — — — — — — 0.00 0.46 0.56
Income, $m
Income, $m Revenue — — — — — — — 505 749 1,056
Gross margin, % — — — — — — — 91.19 88.32 82.43
EBT — — — — — — — 946 (793) (1,226)
EBT margin, % — — — — — — — 187.36 (105.88) (116.09)
Net income — — — — — — — 738 (732) (1,250)
Depreciation — — — — — — — 17 23 36
Per share, $
Per share, $ Revenue — — — — — — — 3.00 3.83 3.13
Earnings — — — — — — — 4.38 (3.74) (3.71)
Cash flow — — — — — — — 6.22 (0.32) 0.74
Capex — — — — — — — (0.04) (0.04) (0.04)
Free cash flow — — — — — — — 6.18 (0.35) 0.70
Book value — — — — — — — 6.19 6.77 4.48
Shares, m — — — — — — — 168 196 337
Valuation, ×
Valuation, × P/E — — — — — — — 191.45 191.45 0.00
P/S — — — — — — — 27.80 27.80 11.93
P/B — — — — — — — 22.63 22.63 8.34
EV/Sales — — — — — — — 26.02 26.02 10.36
EV/FCF — — — — — — — 81.40 81.40 46.21
Cash, $m
Cash, $m Operating cash flow — — — — — — — 1,047 (62) 251
Capex — — — — — — — (6) (7) (13)
Free cash flow — — — — — — — 1,041 (69) 237
Balance, $m
Balance, $m Working capital — — — — — — — 993 1,191 1,229
Total debt — — — — — — — — — —
Net debt — — — — — — — (1,419) (1,458) (1,656)
Shareholders’ equity — — — — — — — 1,043 1,324 1,511
Returns, %
Returns, % ROA — — — — — — — 0.00 (43.13) (60.39)
ROIC — — — — — — — 0.00 0.00 0.00
ROE — — — — — — — 0.00 (85.85) (99.83)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Figma, Inc. vs peers in Software Application (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
GWRE Guidewire Software, Inc. $14.4B 102× 64.1× +15.29% (above 0%: growing) −38.71% (below 0%: shrinking) +16.42% (above 0%: growing) 65.60% 15.16% Compare
MANH Manhattan Associates, Inc. $13.2B 62.9× 40.5× +9.31% (above 0%: growing) −8.51% (below 0%: shrinking) +27.98% (above 0%: growing) 56.53% 22.24% Compare
FIG Figma, Inc. $12.3B — (loss-making) — (loss-making) +48.25% (above 0%: growing) n/m −16.79% (below 0%: shrinking) 83.66% (31.69%)
GRAB Grab Holdings Limited $12.2B 21.0× 32.6× +21.73% (above 0%: growing) +500.00% (above 0%: growing) −40.38% (below 0%: shrinking) 43.63% 1.91% Compare
HUBS HubSpot, Inc. $11.9B 81.5× 56.8× +19.83% (above 0%: growing) n/m +44.84% (above 0%: growing) 82.35% 4.75% Compare
FROG JFrog Ltd. $11.7B — (loss-making) — (loss-making) +28.73% (above 0%: growing) n/m +51.58% (above 0%: growing) 77.93% (8.09%) Compare
CHYM Chime Financial, Inc. $11.3B — (loss-making) 54.6× +26.81% (above 0%: growing) n/m +749.07% (above 0%: growing) 88.82% 3.18% Compare
PAYC Paycom Software, Inc. $11.2B 26.6× 14.5× +9.84% (above 0%: growing) +47.17% (above 0%: growing) +212.66% (above 0%: growing) 83.23% 31.72% Compare
BSY Bentley Systems, Incorporated $10.9B 38.0× 28.9× +12.80% (above 0%: growing) +13.64% (above 0%: growing) +11.94% (above 0%: growing) 81.99% 21.57% Compare
Median of peers $11.8B 50.5× 40.5× +17.56% +13.64% +36.41% 79.96% 9.96%

All 237 Software Application stocks →

Figma, Inc. (FIG) key facts

  • Strength: Figma, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, up 41.0% from fiscal 2024.
  • Figma, Inc. (FIG) is a Software Application company in the Technology sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, FIG traded at $21.47, a market capitalization of $12.3 billion.
  • Return on equity was −99.8% and debt-to-equity 0.00.
  • Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 7.43 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Figma, Inc. (FIG) Latest News

12 Aug

Impact 4 · transcript

24 Jul

Impact 4 ·

2 Jun

Impact 4 ·

18 May

stockrow.com/FIG · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com