FIG Chart
About

Figma, Inc. develops and sells a collaborative, browser-based platform for designing, prototyping, building digital experiences, and subscriptions for access to its platform. The company offers Figma Design, a collaborative design tool for teams that explore ideas and gather feedback, build realistic prototypes, and streamline product development with design systems; Dev Mode to inspect designs and translate them into code without changing the design file; FigJam to define ideas, align decisions, and move work forward—all in one place; and Figma Slides, a presentation tool built for designers and their teams. It also provides Figma Draw to create expressive designs with illustration tools; Figma Buzz, which publishes brand templates to create social media assets, display ads, one-pagers, and others; Figma Sites to design, prototype, and publish; Payload CMS is an open-source, headless content management system and application framework acquired by Figma; Figma Make, an AI tool to design and prompt way to a functional prototype; Figma Weave for AI-powered media generation and editing. The company was incorporated in 2012 and is headquartered in San Francisco, California.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Application Market Cap 14.40B
Enterprise Value 12.57B Income -1.25B Sales 1.06B
Book/sh 2.94 Cash/sh 3.17 Dividend Yield
Payout 0.00% Employees 1886 IPO
P/E Forward P/E 98.16 PEG
P/S 13.64 P/B 9.38 P/C
EV/EBITDA -9.86 EV/Sales 11.91 Quick Ratio 2.45
Current Ratio 2.58 Debt/Eq 3.87 LT Debt/Eq
EPS (ttm) -3.71 EPS next Y 0.28 EPS Growth
Revenue Growth 40.00% Earnings 2026-04-29 ROA -38.95%
ROE -88.23% ROIC Gross Margin 82.43%
Oper. Margin -64.36% Profit Margin -118.44% Shs Outstand 441.13M
Shs Float 215.90M Short Float 12.85% Short Ratio 1.42
Short Interest 52W High 142.92 52W Low 19.85
Beta Avg Volume 12.78M Volume 2.49M
Target Price $40.25 Recom None Prev Close $27.16
Price $27.61 Change 1.66%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$40.25
Mean price target
2. Current target
$27.23
Latest analyst target
3. DCF / Fair value
$30.62
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$27.23
Low
$30.00
High
$60.00
Mean
$40.25

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-19 main RBC Capital Sector Perform → Sector Perform $31
2026-02-19 main Stifel Hold → Hold $30
2026-02-19 main Wells Fargo Overweight → Overweight $42
2026-02-19 reit Piper Sandler Overweight → Overweight $35
2026-02-03 main Piper Sandler Overweight → Overweight $35
2026-01-15 main Morgan Stanley Equal-Weight → Equal-Weight $48
2026-01-08 init Stifel — → Hold $40
2026-01-08 up Wells Fargo Equal-Weight → Overweight $52
2026-01-05 main RBC Capital Sector Perform → Sector Perform $38
2025-11-07 main Goldman Sachs Neutral → Neutral $54
2025-11-06 main JP Morgan Neutral → Neutral $60
2025-11-06 main Piper Sandler Overweight → Overweight $70
2025-11-05 main Wells Fargo Equal-Weight → Equal-Weight $52
2025-09-04 main Morgan Stanley Equal-Weight → Equal-Weight $70
2025-09-04 main RBC Capital Sector Perform → Sector Perform $65
2025-09-04 main Wells Fargo Equal-Weight → Equal-Weight $70
2025-09-04 init Piper Sandler — → Overweight $85
2025-08-25 init B of A Securities — → Neutral $85
2025-08-25 init Goldman Sachs — → Neutral $48
2025-08-25 init RBC Capital — → Sector Perform $75
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 1678 47773.0 Sale at price 28.47 per share. HERB TYLER Officer 2026-03-03 00:00:00 D
1 4817 136303.0 Sale at price 28.30 per share. MULLIGAN BRENDAN General Counsel 2026-03-03 00:00:00 D
2 179331 5344928.0 Sale at price 28.41 - 30.38 per share. RASMUSSEN KRISTOPHER Chief Technology Officer 2026-03-03 00:00:00 D
3 5625000 164756250.0 Conversion of Exercise of derivative security at price 29.29 per share. FIELD DYLAN THOMAS Chief Executive Officer 2026-03-02 00:00:00 D
4 1492 47744.0 Sale at price 32.00 per share. HERB TYLER Officer 2026-02-26 00:00:00 D
5 486930 14990905.0 Sale at price 30.30 - 32.15 per share. FIELD DYLAN THOMAS Chief Executive Officer 2026-02-26 00:00:00 D/I
6 486930 nan FIELD DYLAN THOMAS Chief Executive Officer 2026-02-26 00:00:00 D/I
7 8554 256620.0 Sale at price 30.00 per share. VOSKANIAN SHAUNT A Officer 2026-02-25 00:00:00 D
8 51359 1541017.0 Sale at price 30.00 per share. RASMUSSEN KRISTOPHER Chief Technology Officer 2026-02-25 00:00:00 D
9 1466852 36537073.0 Purchase at price 23.95 - 25.90 per share. REED ANDREW PHILLIPS Director 2026-02-23 00:00:00 I
Financials
Line Item2025-12-312024-12-312023-12-31
TaxEffectOfUnusualItems-167.37K1.83M0.00
TaxRateForCalcs0.210.080.22
NormalizedEBITDA-1.27B-893.51M-64.96M
TotalUnusualItems-797.00K23.77M
TotalUnusualItemsExcludingGoodwill-797.00K23.77M
NetIncomeFromContinuingOperationNetMinorityInterest-1.25B-732.12M737.84M
ReconciledDepreciation15.59M7.69M8.50M
ReconciledCostOfRevenue185.53M87.51M44.50M
EBITDA-1.27B-869.74M-64.96M
EBIT-1.29B-877.43M-73.46M
NetInterestIncome62.20M63.70M19.85M
InterestIncome62.20M63.70M19.85M
NormalizedIncome-1.25B-754.06M737.84M
NetIncomeFromContinuingAndDiscontinuedOperation-1.25B-732.12M737.84M
TotalExpenses2.35B1.63B578.33M
TotalOperatingIncomeAsReported-1.29B-877.43M-73.46M
DilutedAverageShares487.46M474.81M
BasicAverageShares487.46M474.81M
DilutedEPS-1.500.60
BasicEPS-1.500.60
DilutedNIAvailtoComStockholders-1.25B-732.12M304.13M
AverageDilutionEarnings0.000.0018.27M
NetIncomeCommonStockholders-1.25B-732.12M285.86M
OtherunderPreferredStockDividend663.07M
NetIncome-1.25B-732.12M285.86M
MinorityInterests0.00-451.98M
NetIncomeIncludingNoncontrollingInterests-1.25B-732.12M285.86M
NetIncomeFromTaxLossCarryforward0.000.00-451.98M
NetIncomeContinuousOperations-1.25B-732.12M737.84M
TaxProvision24.82M-60.95M208.08M
PretaxIncome-1.23B-793.07M945.92M
OtherIncomeExpense2.62M20.66M999.52M
OtherNonOperatingIncomeExpenses3.41M-3.10M999.52M
GainOnSaleOfSecurity-797.00K23.77M
NetNonOperatingInterestIncomeExpense62.20M63.70M19.85M
InterestIncomeNonOperating62.20M63.70M19.85M
OperatingIncome-1.29B-877.43M-73.46M
OperatingExpense2.16B1.54B533.83M
ResearchAndDevelopment1.03B751.12M164.77M
SellingGeneralAndAdministration1.13B787.81M369.06M
SellingAndMarketingExpense575.51M472.08M201.38M
GeneralAndAdministrativeExpense555.51M315.73M167.68M
OtherGandA555.51M315.73M167.68M
GrossProfit870.26M661.50M460.37M
CostOfRevenue185.53M87.51M44.50M
TotalRevenue1.06B749.01M504.87M
OperatingRevenue1.06B749.01M504.87M
Line Item2025-12-312024-12-312023-12-31
OrdinarySharesNumber513.04M487.46M487.46M
ShareIssued513.04M487.46M487.46M
TotalDebt58.48M28.77M14.60M
TangibleBookValue1.39B980.70M696.45M
InvestedCapital1.51B994.61M710.96M
WorkingCapital1.23B1.19B992.55M
NetTangibleAssets1.39B1.31B1.03B
CapitalLeaseObligations58.48M28.77M14.60M
CommonStockEquity1.51B994.61M710.96M
PreferredStockEquity329.44M332.19M
TotalCapitalization1.51B1.32B1.04B
TotalEquityGrossMinorityInterest1.51B1.32B1.04B
StockholdersEquity1.51B1.32B1.04B
GainsLossesNotAffectingRetainedEarnings4.00M1.31M265.00K
OtherEquityAdjustments4.00M1.31M265.00K
RetainedEarnings-1.44B-192.91M540.07M
AdditionalPaidInCapital2.95B1.19B170.63M
CapitalStock4.00K329.44M332.19M
CommonStock4.00K1.00K0.00
PreferredStock0.00329.44M332.19M
TotalLiabilitiesNetMinorityInterest837.57M469.10M558.77M
TotalNonCurrentLiabilitiesNetMinorityInterest61.46M22.14M13.71M
OtherNonCurrentLiabilities5.62M4.30M11.57M
LongTermDebtAndCapitalLeaseObligation55.84M17.83M2.14M
LongTermCapitalLeaseObligation55.84M17.83M2.14M
CurrentLiabilities776.11M446.96M545.05M
OtherCurrentLiabilities31.83M16.54M18.27M
CurrentDeferredLiabilities601.05M385.87M261.49M
CurrentDeferredRevenue601.05M385.87M261.49M
CurrentDebtAndCapitalLeaseObligation2.63M10.94M12.46M
CurrentCapitalLeaseObligation2.63M10.94M12.46M
PensionandOtherPostRetirementBenefitPlansCurrent107.11M19.38M6.95M
PayablesAndAccruedExpenses33.50M14.24M245.89M
CurrentAccruedExpenses15.54M0.0040.00M
Payables17.96M14.24M205.89M
TotalTaxPayable13.46M10.07M202.20M
IncomeTaxPayable787.00K511.00K190.71M
AccountsPayable4.50M4.16M3.69M
TotalAssets2.35B1.79B1.60B
TotalNonCurrentAssets343.51M155.12M64.31M
OtherNonCurrentAssets130.50M97.39M24.49M
InvestmentsAndAdvances15.12M0.00
OtherInvestments15.12M0.00
GoodwillAndOtherIntangibleAssets120.48M13.91M14.51M
OtherIntangibleAssets19.08M2.51M3.12M
Goodwill101.40M11.40M11.40M
NetPPE77.41M43.82M25.31M
AccumulatedDepreciation-18.01M-13.09M-10.55M
GrossPPE95.42M56.91M35.86M
Leases5.49M5.27M5.20M
ConstructionInProgress20.12M11.76M6.57M
OtherProperties57.41M28.81M13.67M
MachineryFurnitureEquipment12.40M11.08M10.42M
Properties0.000.000.00
CurrentAssets2.00B1.64B1.54B
OtherCurrentAssets85.27M48.87M28.36M
Receivables247.91M131.31M90.09M
AccountsReceivable247.91M131.31M90.09M
CashCashEquivalentsAndShortTermInvestments1.67B1.46B1.42B
OtherShortTermInvestments1.27B970.88M148.97M
CashAndCashEquivalents403.47M486.95M1.27B
CashEquivalents85.17M88.04M94.34M
CashFinancial318.30M398.91M1.18B
Line Item2025-12-312024-12-312023-12-31
FreeCashFlow237.44M-69.14M1.04B
RepurchaseOfCapitalStock0.00-861.00K-2.00K
RepaymentOfDebt-330.50M0.000.00
IssuanceOfDebt330.50M0.000.00
IssuanceOfCapitalStock419.46M60.00M0.00
CapitalExpenditure-13.24M-7.42M-6.46M
IncomeTaxPaidSupplementalData195.76M7.04M
EndCashPosition413.19M490.58M1.27B
BeginningCashPosition490.58M1.27B284.11M
ChangesInCash-77.39M-783.52M990.00M
FinancingCashFlow43.34M62.45M0.00
CashFlowFromContinuingFinancingActivities43.34M62.45M0.00
NetOtherFinancingCharges-507.78M-418.05M
ProceedsFromStockOptionExercised131.66M421.36M2.00K
NetCommonStockIssuance419.46M59.14M-2.00K
CommonStockPayments0.00-861.00K-2.00K
CommonStockIssuance419.46M60.00M0.00
NetIssuancePaymentsOfDebt0.000.000.00
NetLongTermDebtIssuance0.000.000.00
LongTermDebtPayments-330.50M0.000.00
LongTermDebtIssuance330.50M0.000.00
InvestingCashFlow-371.41M-784.26M-57.34M
CashFlowFromContinuingInvestingActivities-371.41M-784.26M-57.34M
NetOtherInvestingChanges-51.46M-982.00K-196.00K
NetInvestmentPurchaseAndSale-248.37M-775.85M-50.69M
SaleOfInvestment999.73M547.45M173.18M
PurchaseOfInvestment-1.25B-1.32B-223.87M
NetBusinessPurchaseAndSale-58.34M0.000.00
PurchaseOfBusiness-58.34M0.000.00
NetIntangiblesPurchaseAndSale-5.24M-920.00K-88.00K
PurchaseOfIntangibles-5.24M-920.00K-88.00K
CapitalExpenditureReported-8.00M-6.50M-6.37M
OperatingCashFlow250.68M-61.72M1.05B
CashFlowFromContinuingOperatingActivities250.68M-61.72M1.05B
ChangeInWorkingCapital98.20M-269.96M281.00M
ChangeInOtherWorkingCapital213.97M127.73M92.09M
ChangeInOtherCurrentLiabilities-5.32M-7.27M11.57M
ChangeInOtherCurrentAssets-36.21M-86.63M-14.04M
ChangeInPayablesAndAccruedExpense79.35M-240.56M230.51M
ChangeInAccruedExpense79.19M-241.08M233.18M
ChangeInPayable154.00K525.00K-2.67M
ChangeInAccountPayable154.00K525.00K-2.67M
ChangeInPrepaidAssets-35.87M-20.57M450.00K
ChangeInReceivables-117.72M-42.67M-39.58M
ChangesInAccountReceivables-117.72M-42.67M-39.58M
OtherNonCashItems38.35M26.36M21.25M
StockBasedCompensation1.36B947.55M2.70M
UnrealizedGainLossOnInvestmentSecurities797.00K-24.18M0.00
AmortizationOfSecurities-15.94M-17.06M-3.96M
DepreciationAmortizationDepletion15.59M7.69M8.50M
DepreciationAndAmortization15.59M7.69M8.50M
NetIncomeFromContinuingOperations-1.25B-732.12M737.84M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for FIG
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status