Figma, Inc. FIG
Figma is where teams come together to turn ideas into the world's best digital products and experiences.
Every day, billions of people around the world use apps, websites, and other digital experiences that are made in Figma. Behind each of these products is a team responsible for bringing them to life. In Figma, designers work alongside developers, product managers ("PMs"), researchers, marketers, writers, and other non-designers who, in the three months ended December 31, 2025, made up approximately two-thirds of our monthly active users.1 Together, they share and explore ideas, align on a vision, visualize concepts, and translate them into coded products — all on a single, connected, AI-powered platform that collaborators around the world can access with a URL.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- International
- United States
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| International | $564.2M | $389.6M | $252.6M |
| United States | $491.5M | $359.4M | $252.3M |
As the company reported it, from the “Segment and Geographic Information - Schedule of Revenue by Geographic Areas (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $1.06B | $749.0M | $504.9M | — |
| Cost of revenue | $185.5M | $87.5M | $44.5M | — |
| Gross profit | $870.3M | $661.5M | $460.4M | — |
| R&D | $1.03B | $751.1M | $164.8M | — |
| SG&A | $555.5M | $315.7M | $167.7M | — |
| Total operating expenses | $2.16B | $1.54B | $533.8M | — |
| Operating income | -$1.29B | -$877.4M | -$73.5M | — |
| Pre-tax income | -$1.23B | -$793.1M | $945.9M | — |
| Income tax | $24.8M | $61.0M | $208.1M | — |
| Net income | -$1.25B | -$732.1M | $737.8M | — |
| EPS, basic | -3.71 | -3.74 | 1.70 | — |
| EPS, diluted | -3.71 | -3.74 | 1.62 | — |
| Shares, diluted (wtd. avg.) | 337.0M | 195.6M | 187.2M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and equivalents | $403.5M | $487.0M | $1.27B | $284.1M |
| Short-term investments | $655.3M | $625.3M | — | — |
| Receivables | $247.9M | $131.3M | — | — |
| Total current assets | $2.00B | $1.64B | — | — |
| Property, plant and equipment | $20.0M | $15.0M | — | — |
| Goodwill | $101.4M | $11.4M | $11.4M | — |
| Other intangibles | $19.1M | $2.5M | — | — |
| Total assets | $2.35B | $1.79B | — | — |
| Accounts payable | $4.5M | $4.2M | — | — |
| Total current liabilities | $776.1M | $447.0M | — | — |
| Total liabilities | $837.6M | $469.1M | — | — |
| Retained earnings | -$1.44B | -$192.9M | — | — |
| Total equity | $1.51B | $1.32B | $1.04B | $286.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Operating cash flow | $250.7M | -$61.7M | $1.05B | — |
| Depreciation and amortisation | $15.6M | $7.7M | $8.5M | — |
| Stock-based compensation | $1.36B | $947.6M | $2.7M | — |
| Capital expenditure | $4.4M | $2.0M | $3.7M | — |
| Investing cash flow | -$371.4M | -$784.3M | -$57.3M | — |
| Financing cash flow | $43.3M | $62.5M | $0 | — |
| Buybacks | $0 | $861.0K | $2.0K | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-009228.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | — | $504.9M | $749.0M | $1.06B |
| Gross profit | — | $460.4M | $661.5M | $870.3M |
| Net income | — | $737.8M | -$732.1M | -$1.25B |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Results announced Item 2.02
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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