FIG (Figma, Inc.) Stock Financials & Earnings

FIGFigma, Inc.

Mkt Cap$14B

Revenue (TTM)$1.1B

Net Income (TTM)-$1.3B

EPS (TTM)-$4.72

Free Cash Flow (TTM)$243M

Gross Margin82.4%

Op. Margin-122.2%

Net Margin-124.5%

FCF Margin23.1%

P/S Ratio (TTM)13.5x

P/E Ratio (TTM)—

YoY Rev Growth+41.0%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q3 23	$132M	$120M	-$520K
Q4 23	$144M	$131M	-$40M
Q1 24	$156M	$143M	$13M
Q2 24	$177M	$138M	-$894M
Q3 24	$199M	$180M	-$47M
Q4 24	$217M	$200M	$52M
Q1 25	$228M	$209M	$40M
Q2 25	$250M	$222M	$2M
Q3 25	$274M	$190M	-$1.1B
Q4 25	$304M	$249M	-$196M

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q3 23	$44M	—	—	$77M
Q4 23	$47M	—	—	$124M
Q1 24	$53M	$23M	$55M	—
Q2 24	$536M	$220M	$276M	—
Q3 24	$104M	—	—	$123M
Q4 24	$59M	—	—	$90M
Q1 25	$70M	$30M	$69M	—
Q2 25	$83M	$39M	$98M	—
Q3 25	$681M	$371M	$275M	—
Q4 25	$196M	$115M	$134M	—

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q3 23	—	2.8%	—
Q4 23	—	669.8%	—
Q1 24	—	9.4%	—
Q2 24	—	-503.5%	—
Q3 24	50.2%	-14.8%	35.4
Q4 24	50.2%	41.9%	92.0
Q1 25	46.1%	18.1%	64.2
Q2 25	40.9%	2.3%	43.2
Q3 25	38.0%	-402.3%	-364.3
Q4 25	40.0%	-64.4%	-24.3

Revenue by Geography

Quarter	Non-US	United States
Q2 25	$133M	$117M
Q3 25	$147M	$127M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 23	$1.2B	$221M	$1.4B
Q4 24	$401M	$1.1B	$1.5B
Q1 25	$619M	$923M	$1.5B
Q2 25	$622M	$1.0B	$1.6B
Q3 25	$237M	$1.4B	$1.6B
Q4 25	$403M	$1.3B	$1.7B

Shares Outstanding