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Figma, Inc.

FIGTechnologyNASDAQ

Software - Application

PriceMA150MA200
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Financials · Annual
Revenue
$1.06B
+41.0% YoY
Net Income
-$1.25B
-70.8% YoY
EBITDA
-$1.27B
-46.6% YoY
Free Cash Flow
$813.5M

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About Figma, Inc.

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 carries a $12.83B market cap, placing it firmly in the large-cap category. 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.

Key stats
Market Cap$12.83B
Fwd P/E72.03
EPS$-4.07
52W Change-79.0%
ROE-101.7%
Analysis

Figma, Inc. holds $1.64B in cash against $56.2M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. The company generates $813.5M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of -101.7% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has grown from $504.9M (2023) to $1.06B (2025), reflecting a 109% increase over the period.

The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Figma, Inc.'s trajectory.

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