The story
Founded by Dylan Field in 2012.1
FIG on NYSE
Figma Inc
Logo: Figma, Public domain, via Wikimedia Commons3
Software company.1
Price unavailable
Last updated Oct 18, 2026.
Overview
Compare with Calgon Carbon, SailPoint, Inc. or Duolingo Inc, or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
82.4%Gross margin4
-122.2%Operating margin4
-118.4%Net margin4
41.0%Revenue growth, 20254
-82.8%Return on equity4
$246.2MFree cash flow4
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Regions
Outside the United States brought in 53% of the revenue Figma Inc broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outside the United States | $252.6M | $389.6M | $564.2M |
| United States | $252.3M | $359.4M | $491.5M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue15¢$185.5M
- Research and development83¢$1.0B
- Income tax2¢$24.8M
Out of $1.1B in revenue.4 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Capital spending2¢$4.4M
- Kept or used elsewhere98¢$246.2M
Out of $250.7M of cash from operations.4
Financial statements
Every line of the income statement in the latest annual report, as filed.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenue | $1.1B | $749.0M | $504.9M |
| Cost of revenue | $185.5M | $87.5M | $44.5M |
| Gross profit | $870.3M | $661.5M | $460.4M |
| Research and development | $1.0B | $751.1M | $164.8M |
| Sales and marketing | $575.5M | $472.1M | $201.4M |
| General and administrative | $555.5M | $315.7M | $167.7M |
| Total operating expenses | $2.2B | $1.5B | $533.8M |
| Loss from operations | -$1.3B | -$877.4M | -$73.5M |
| Other income, net | $64.8M | $84.4M | $1.0B |
| Income (loss) before income taxes | -$1.2B | -$793.1M | $945.9M |
| Provision for (benefit from) income taxes | $24.8M | -$61.0M | $208.1M |
| Net income (loss) | -$1.3B | -$732.1M | $737.8M |
| Less: net income attributable to participating securities | $0 | $0 | -$452.0M |
| Net income (loss) attributable to common stockholders | -$1.3B | -$732.1M | $285.9M |
| Net income (loss) per share, basic (in usd per share) | -$3.71 | -$3.74 | $1.70 |
| Net income (loss) per share, diluted (in usd per share) | -$3.71 | -$3.74 | $1.62 |
| Weighted-average shares outstanding used in computing net income (loss) per share attributable to common stockholders, basic (in shares) | 337.0M shares | 195.6M shares | 168.4M shares |
| Weighted-average shares outstanding used in computing net income (loss) per share attributable to common stockholders, diluted (in shares) | 337.0M shares | 195.6M shares | 187.2M shares |
Every line of the balance sheet in the latest annual report, as filed.4
| Period ending | 2025-12-31 | 2025-07-31 | 2024-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $403.5M | $487.0M | |
| Digital assets, current | $15.6M | $0 | |
| Marketable securities | $1.3B | $970.9M | |
| Accounts receivable, net | $247.9M | $131.3M | |
| Prepaid expenses and other current assets | $85.3M | $48.9M | |
| Total current assets | $2.0B | $1.6B | |
| Property and equipment, net | $20.0M | $15.0M | |
| Intangible assets, net | $19.1M | $2.5M | |
| Digital assets, non-current | $15.1M | $0 | |
| Goodwill | $101.4M | $11.4M | |
| Operating lease right-of-use assets | $57.4M | $28.8M | |
| Restricted cash | $9.8M | $3.6M | |
| Other assets | $120.7M | $93.8M | |
| Total assets | $2.3B | $1.8B | |
| Accounts payable | $4.5M | $4.2M | |
| Accrued and other current liabilities | $66.5M | $31.1M | |
| Accrued compensation and benefits | $107.1M | $19.4M | |
| Operating lease liabilities, current | $2.6M | $10.9M | |
| Deferred revenue | $595.3M | $381.4M | |
| Total current liabilities | $776.1M | $447.0M | |
| Operating lease liabilities, non-current | $55.8M | $17.8M | |
| Other non-current liabilities | $5.6M | $4.3M | |
| Total liabilities | $837.6M | $469.1M | |
| Preferred stock, value | $329.4M | ||
| Additional paid-in capital | $3.0B | $1.2B | |
| Accumulated other comprehensive income | $4.0M | $1.3M | |
| Accumulated deficit | -$1.4B | -$192.9M | |
| Total stockholders equity | $1.5B | $1.3B | |
| Total liabilities and stockholders equity | $2.3B | $1.8B | |
| Preferred stock, par value (in usd per share) | $0.00 | ||
| Preferred stock, shares authorized (in shares) | 200.0M shares | 247.9M shares | |
| Preferred stock, shares issued (in shares) | 0 shares | 246.0M shares | |
| Preferred stock, shares outstanding (in shares) | 0 shares | 246.0M shares | |
| Common stock, par value (in dollar per share) | $0.00 | $0.00 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | -$1.3B | -$732.1M | $737.8M |
| Depreciation and amortization | $15.6M | $7.7M | $8.5M |
| Non-cash operating lease costs | $18.0M | $14.1M | $12.4M |
| Stock-based compensation, net of amounts capitalized | $1.4B | $947.6M | $2.7M |
| Amortization of deferred commissions | $20.9M | $14.8M | $8.7M |
| Net accretion of discounts on available-for-sale securities | -$15.9M | -$17.1M | -$4.0M |
| Unrealized (gains) losses on equity investments, net | $797.0K | -$24.2M | $0 |
| Other non-cash adjustments | -$517.0K | -$2.6M | $148.0K |
| Accounts receivable, net | -$117.7M | -$42.7M | -$39.6M |
| Prepaid expenses and other current assets | -$35.9M | -$20.6M | $450.0K |
| Other assets | -$36.2M | -$86.6M | -$14.0M |
| Accounts payable | $154.0K | $525.0K | -$2.7M |
| Accrued and other current liabilities | $2.2M | -$252.5M | $232.5M |
| Accrued compensation and benefits | $77.0M | $11.4M | $695.0K |
| Deferred revenue | $214.0M | $127.7M | $92.1M |
| Other non-current liabilities | -$5.3M | -$7.3M | $11.6M |
| Net cash provided by (used in) operating activities | $250.7M | -$61.7M | $1.0B |
| Purchase of intangible assets | -$5.2M | -$920.0K | -$88.0K |
| Capital expenditures | -$4.4M | -$2.0M | -$3.7M |
| Capitalized internal-use software development costs | -$3.6M | -$4.5M | -$2.6M |
| Cash paid for business combinations, net of cash acquired | -$58.3M | $0 | $0 |
| Purchases of marketable securities | -$1.2B | -$1.3B | -$223.9M |
| Proceeds from maturities of marketable securities | $839.5M | $447.6M | $156.4M |
| Proceeds from sale of marketable securities | $145.2M | $99.9M | $16.8M |
| Proceeds from sale of digital assets | $15.0M | $0 | $0 |
| Purchases of digital assets | -$45.0M | $0 | $0 |
| Other cash flows from investing activities | -$6.5M | -$982.0K | -$196.0K |
| Net cash used in investing activities | -$371.4M | -$784.3M | -$57.3M |
| Repurchase of common stock | $0 | -$861.0K | -$2.0K |
| Payment of deferred offering costs, net of costs reimbursed | -$7.4M | $0 | $0 |
| Cash paid for issuance costs on revolving credit facility | -$1.4M | $0 | $0 |
| Proceeds from options exercised | $131.7M | $2.4M | $2.0K |
| Proceeds from issuance of common stock under employee stock purchase plan | $26.4M | $0 | $0 |
| Proceeds from issuance of common stock | $0 | $60.0M | $0 |
| Proceeds from borrowings under revolving credit facility | $330.5M | $0 | $0 |
| Repayments on borrowings under revolving credit facility | -$330.5M | $0 | $0 |
| Proceeds from initial public offering, net of underwriting discounts and commissions | $393.1M | $0 | $0 |
| Taxes paid related to net share settlement of equity awards | -$499.8M | -$418.1M | $0 |
| Proceeds from sale of common stock in connection with May 2024 RSU release primary financing | $0 | $419.0M | $0 |
| Other cash flows from financing activities | $797.0K | $0 | $0 |
| Net cash provided by financing activities | $43.3M | $62.5M | $0 |
| Change in cash, cash equivalents, and restricted cash | -$77.4M | -$783.5M | $990.0M |
| Federal | $3.9M | $0 | $0 |
| State | -$672.0K | $0 | $0 |
| Total cash paid during the period for income taxes, net of refunds | $28.6M | ||
| Cash paid during the period for income taxes (prior to ASU 2023-09) | $195.8M | $7.0M | |
| Payments for operating leases included in cash from operating activities | $16.9M | $15.1M | $13.7M |
| Operating lease right-of-use assets obtained in exchange for lease liabilities | $42.3M | $27.7M | $9.7M |
| Stock-based compensation included in capitalized internal-use software development costs | $3.4M | $2.9M | $96.0K |
| Fair value of shares issued in connection with business combination | $32.7M | $0 | $12.8M |
| Conversion of convertible preferred stock to common stock upon initial public offering | $329.4M | $0 | $0 |
| Reclassification of deferred offering costs to additional paid-in capital upon initial public offering | $10.8M | $0 | $0 |
Leadership
Who has led Figma Inc, and when. Pick a name to see everywhere that person has worked.
- FounderDylan Field1
Board members and other officers (1)
- Board memberTerrence Rohan 2013 to 20171
Timeline
- 2012Founded Founded1
Recent filings
- Oct 13, 2026144
- Oct 7, 20264
- Oct 7, 20264
- Oct 5, 2026144
- Oct 5, 20264
- Oct 5, 20264
- Oct 5, 20264
- Oct 5, 20264
- Sep 14, 2026144
- Sep 8, 20264
- Sep 8, 20264
- Sep 3, 20264
- Sep 3, 20264
- Sep 3, 20264
- Sep 3, 20264
Every filing from the last three years, summarized. The full record is on SEC EDGAR.2
Links
- Websitefigma.com1
- LinkedInwww.linkedin.com/company/figma1
- WikidataQ138548226
- SEC EDGARCIK 1579878
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataFigma Inc on Wikidata
- 2SEC EDGARFigma Inc filings on SEC EDGAR
- 3Wikimedia CommonsFigma Inc logo by Figma, Public domain
- 4SEC EDGARFigma Inc 10-K for fiscal 2025
- 5SEC EDGARFigma Inc filings on SEC EDGAR
- 6SEC EDGARFigma Inc 10-Q for fiscal 2025
- 7SEC EDGARFigma Inc 10-Q for fiscal 2025
- 8SEC EDGARFigma Inc 10-Q for fiscal 2026
- 9SEC EDGARFigma Inc 10-Q for fiscal 2025