# Figma, Inc. (FIG) — Stock CV

Figma, Inc. 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.

> 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.

## Identity

- **Ticker**: FIG
- **Sector**: Technology
- **Industry**: Services-Prepackaged Software
- **Headquarters**: SAN FRANCISCO, CA
- **Employees**: 1 886
- **Website**: https://www.figma.com
- **Market cap**: $12.0B
- **Last price**: $22.46
- **Financial profile**: Mixed

## Vitals (TTM)

- **Revenue**: $1.28B
- **Net income**: -$1.58B
- **Free cash flow**: $232M
- **Net cash**: $1.60B
- **Revenue growth (YoY)**: 43.4%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 52 |
| Growth | 25 |
| Profitability | 0 |
| Health | 75 |
| Quality | 30 |
| Moat | 35 |

## Qualifications (beginner checklist) — 4 of 9 passed

- [x] Revenue growing — +43.4% YoY
- [ ] Profitable — -$1.58B TTM
- [ ] Profit growing — -70.8% YoY
- [x] Generates cash — $232M TTM
- [x] Debt under control — more cash than debt
- [x] Established company — $12.0B market cap
- [ ] Not printing shares — +48.4% shares over ~5y
- [ ] Proven track record — 1/3 profitable years
- [ ] Financially stable — health score 50/100

## Experience (career milestones)

- **FY2025** — Revenue crossed $1B: $1.06B for the year
- **FY2023** — First recorded profitable year: $738M net income
- **FY2023** — Best year on record: $738M net income

## 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

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2023 | $505M | $738M | $1.04B |
| FY2024 | $749M | -$732M | -$63.7M |
| FY2025 | $1.06B | -$1.25B | $246M |

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Source: https://stockcv.com/FIG — derived from company filings; may be delayed or incomplete. Information, not investment advice.