Figma provides software solutions for design-related workflows. Since its founding in 2015, the company has introduced a variety of products and established an end-to-end platform for software design and product development.
It is a $12.0B technology company. Revenue grew 43.4% over the last year, it currently loses money, and it holds more cash than debt.
- Website
- figma.com
- Location
- San Francisco, CA
- Employees
- 1 886
- Sector
- Technology
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong health; Growth, Profitability, Quality and Moat lag behind.
Valuation52
- P/E vs own history10th pct · 25/25
- FCF yield1.9% · 5/25
- P/S9.4x · 12/25
- EV/EBITDAn/a · 10/25
Growth25
- Revenue CAGR44.6% · 25/25
- Net income CAGRn/a · 0/25
- EPS CAGR ~5Yn/a · 0/25
- Fwd implied growthn/a · 0/25
Profitability0
- ROICn/a · 0/25
- ROE-108.2% · 0/25
- Net margin-123.1% · 0/25
- Operating margin-123.8% · 0/25
Health75
- Altman Zn/a · 0/25
- Current ratio2.45 · 25/25
- Interest coverageno interest expense · 25/25
- Net cash / debtNet cash · 25/25
Quality30
- Piotroski F3/9 · 5/25
- Beneish M-4.88 · 25/25
- FCF conversionn/a · 0/25
- Margin stabilityσ 88.5% · 0/25
Moat35
- ROIC >12% yearsn/a · 0/25
- Median gross margin88.3% · 25/25
- FCF-positive years2/3 yrs · 10/25
- Worst-year net marginworst -118.4% · 0/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2025FinancialRevenue crossed $1B$1.06B for the year
- FY2023FinancialFirst recorded profitable year$738M net income
- FY2023FinancialBest year on record$738M net income
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (79.1%)
- Revenue growing 43.4% year over year
- Strong cash conversion — FCF is 18.1% of revenue
- Net cash position after subtracting debt from cash
Watch-outs
- Not profitable — 123.1% net margin
- Loss-making in 2 of the recent years
- Short reporting history — trends are less reliable
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+43.4% YoY
- Profitable — makes more than it spends-$1.58B TTM
- Profit growing — earnings are higher than last year-70.8% YoY
- Generates cash — cash left after running and investing$232M TTM
- Debt under control — could handle its obligationsmore cash than debt
- Established company — not a micro-cap — lower blow-up risk$12.0B market cap
- Not printing shares — share count not ballooning — you keep your slice+48.4% shares over ~5y
- Proven track record — years of profitability behind it1/3 profitable years
- Financially stable — balance sheet not near distresshealth score 50/100
- Pays a dividend — returns cash to shareholdersno data
- Valuation not extreme — price not wildly above earningsno data
Peer comparisonFigma, Inc. vs 6 largest technology peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| FIG this company | $12.0B | — | +43.4% | -123.1% | Mixed |
| NVDA Nvidia Corp | $5.5T | 28.6 | +83.4% | 63.7% | Mixed |
| AAPL Apple Inc. | $4.9T | 38.1 | +14.2% | 27.6% | Strong |
| GOOGL Alphabet Inc. | $4.3T | 17.6 | +20.1% | 54.8% | Mixed |
| MSFT Microsoft Corp | $4.0T | 29.7 | +17.8% | 40.3% | Strong |
| SPCX Space Exploration Technologies Corp. | $2.1T | — | +33.2% | -34.0% | Strained |
| META Meta Platforms, Inc. | $1.8T | 26.9 | +27.7% | 29.8% | Mixed |
Head-to-head: FIG vs NVDA · FIG vs AAPL · FIG vs GOOGL
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2023–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/FIG
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of FIG on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $22.46 · market cap $12.0B.