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Figma, Inc

NYSE: FIG

Stock price

18.16 USD

(-84.28%) 5 years

Software - Application

Financial Performance

Share

5Y price score: (129)

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The price score is a basic measure of the stock's performance
against the S&P 500 Index over a five-year period.
A score of 100 indicates that the stock did as well as the S&P 500 Index.
A score below 100 means the stock underperformed the index,
while a score above 100 means it outperformed the S&P 500.

10Y return: (84.3)%

DATE RANGE:

US$ Per
Share

  • Earnings per share

  • Free cash flow per share

  • Stock price

By default your notes are visible only to you.

17.7

52-week range

142.9

18.16

Your model inputs

Required return / cost of capital
FCFF terminal growth rate

Your fair value & Margin of safety

To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.

Forecast:

Valuation

Free Cash Flow Yield

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FCF Yield TTM = Trailing Twelve Months free cash flow per share / current market price per share

2.8 %

Dividend Yield TTM

-

Market cap $

$ 8,852.3

Price / Earnings TTM

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P/E TTM = current market price per share / Trailing Twelve Months diluted earnings per share

(3.8)

Price / Book TTM

6.1

PEG TTM

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Price/Earnings-to-Growth ratio = P/E TTM divided by most recent annual diluted earnings per share growth rate

(0.2)

Earnings growth and return

LTM

5YR

10YR

Total return (price & dividends)

(84.3) %

(84.3) %

(84.3) %

Free cash flow per share growth

412.4 %

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-

Earnings per share growth

21.2 %

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-

Founded: 2,012

Employees: 1,646

Business Summary: Figma, Inc. develops a browser-based tool for designing user interfaces that helps design and development teams build various products. 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 on 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 that publishes brand templates to create social media assets, display ads, one-pagers, and others; Figma Sites to design, prototype, and publish; and Figma Make, an AI tool to design and prompt way to a functional prototype. The company was incorporated in 2012 and is headquartered in San Francisco, California.

Financials

all figures in USD Millions except per share data

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Averages

based on historical growth rates (CAGR) and average margins for last 10 or max, available and up to 10 years.

Analysts

Average Revenue and Net Income forecast estimates from analysts who cover the stock.

Custom

you can edit default forecast based on averages or analysts consensus and use it to calculate fair value based on your assumptions.

Actual
10 year gagr
Estimated
Projected
Fiscal
FISCAL PERIOD END DATES
01Earnings per share
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Diluted EPS
02FCF per share
03Dividends per share
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Adjusted for splits
04Dividends payout, %
05Revenue
06ㅤ% Change
07Net Income
08ㅤ% Margin
09CFO
10ㅤ% Of revenue
11CAPEX
12ㅤ% Change
13FCFF
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Free Cash Flow to the Firm = Cash Flows from Operating Activities (09) – Capital Expenditures (11)
14Total assets
15ㅤ% Change
16Total liabilities
17ㅤ% Of assets
18Shareholders Equity
19Net Debt
20Shares Outstanding
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Diluted Weighted-average Shares Outstanding
21ㅤ% Change
22ROA
23ROE
24Interest coverage
25Dividend Yield
26P/E Ratio
27Stock price range
28Market Cap
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End of Period Market Cap
29FCF Yield
30Average stock price
31 CEO
Fair Value Reference Estimate

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  • Total

Required return / cost of capital
FCFF terminal growth rate
Free cash flow forecast
Terminal value
ㅤPV breakdown
Enterprise value / PV of FCF
ㅤPlus / (Less): Net Debt
ㅤLess: preferred stock
ㅤLess: minority interest
Market cap
ㅤNumber of shares
Price per share

Latest Earnings Call Takeaways

2025 Q4 (Feb 18, 2026)

1) Strong Financial Performance
- Q4 2025 revenue reached $304 million, a 40% YoY growth, marking the best quarter for Figma.
- Full-year revenue totaled $1.056 billion, up 41% YoY.
- Net dollar retention rate for customers with over $10,000 in ARR increased to 136%, a 5 percentage point improvement QoQ.
- Gross profit for Q4 was $262 million, with a gross margin of 86%.
- Adjusted free cash flow for Q4 was $38 million, with a margin of 13%.

2) Product Expansion and Innovation
- Figma expanded its product offerings from 4 to 8 in 2025, launching over 200 features, including AI-native functionalities.
- The new integration with Claude Code allows seamless transitions from code to design, enhancing user experience.
- Figma Make saw a 70% increase in weekly active users QoQ, with over 50% of high-spending customers using it weekly.
- The acquisition of Weavy enhances creative capabilities, integrating AI image and video generation into Figma.

3) Customer Engagement and Retention
- Figma added 951 net customers spending over $10,000 in ARR in Q4, with a 46% YoY growth in the tier spending over $100,000.
- The company has 67 customers now spending over $1 million in ARR, a 68% YoY increase.
- Strong engagement across customer tiers, with notable expansions in various sectors, including tech and finance.
- The company is increasingly partnering with IT teams to drive platform adoption across organizations.

4) Guidance and Future Outlook
- For Q1 2026, Figma expects revenue between $315 million to $317 million, implying a 38% growth at the midpoint.
- Full-year 2026 revenue guidance is set between $1.366 billion to $1.374 billion, suggesting 30% growth at the midpoint.
- Non-GAAP operating income for 2026 is projected to be between $100 million and $110 million, with an operating margin of 8% at the midpoint.
- The company plans to continue investing in AI and infrastructure to support growth and product development.

5) Challenges and Market Dynamics
- The earnings call did not provide specific figures on the impact of stock-based compensation or detailed metrics on gross margin expectations for 2026.
- There is an ongoing transition to a hybrid revenue model that combines subscription and consumption, which may introduce volatility in revenue predictions.
- The competitive landscape in the prototyping space remains fragmented, with Figma aiming to unify its offerings to capture a larger share of customer budgets.

Bottom line: Figma's robust growth trajectory, driven by innovative product expansions and strong customer engagement, positions the company well for continued success in 2026. The strategic focus on AI integration and a hybrid revenue model could enhance long-term value for shareholders, despite potential market challenges.

Figma, Inc — Financial Overview, Stock Price, Market Cap

Figma, Inc is a company. Founded in 2012. As of April 13, 2026, the company's market capitalization is $8852289998 with a current stock price of $18.16.