WallStSmart
FIG

Figma, Inc.

NYSE: FIG · TECHNOLOGY · SOFTWARE - APPLICATION

$20.05
-3.38% today

Updated 2026-06-05

Market cap
$9.80B
P/E ratio
P/S ratio
8.44x
EPS (TTM)
$-4.08
Dividend yield
52W range
$17 – $143
Volume
18.8M

Figma, Inc. (FIG) Financial statements

SEC filings — annual and quarterly data.

Income statement — annual

Item202320242025
Revenue$504.87M$749.01M$1.06B
Revenue growth (YoY)+48.4%+41.0%
Cost of revenue$44.50M$87.51M$185.53M
Gross profit$460.37M$661.50M$870.26M
Gross margin91.2%88.3%82.4%
R&D$164.77M$751.12M$1.03B
SG&A$167.68M$315.73M$555.51M
Operating income$-73.46M$-877.43M$-1.29B
Operating margin-14.5%-117.1%-122.2%
EBITDA$-64.96M$-869.74M$-1.27B
EBITDA margin-12.9%-116.1%-120.7%
EBIT$-73.46M$-877.43M$-1.29B
Interest expense
Income tax$208.08M$-60.95M
Effective tax rate42.1%7.7%0.0%
Net income$285.86M$-732.12M$-1.25B
Net income growth (YoY)-356.1%-70.8%
Profit margin56.6%-97.7%-118.4%

Frequently asked questions

What is Figma, Inc.'s revenue?

Figma, Inc.'s trailing twelve-month revenue is $1.16B. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.

How profitable is FIG?

In its most recent fiscal year, FIG ran a gross margin of 82.43%, an operating margin of -122.23%, and a net margin of -118.44%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.

How much free cash flow does FIG generate?

FIG produced $246.24M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.

Is FIG's balance sheet healthy?

FIG holds $403.47M in cash and equivalents against — in long-term debt, on $1.51B of shareholder equity. That debt is best read against the cash flow the business throws off each year.