FIG - Figma, Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$31.00
DETAILS
HIGH:
$38.00
LOW:
$22.00
MEDIAN:
$32.50
CONSENSUS:
$31.00
UPSIDE:
32.42%
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | |||
| Revenue | 1,055.8 | 749.0 | 504.9 |
| Cost of Revenue | 185.5 | 87.5 | 44.5 |
| Gross Profit | 870.3 | 661.5 | 460.4 |
| Operating Expenses | |||
| R&D Expenses | 1,029.7 | 751.1 | 164.8 |
| SG&A Expenses | 1,131.0 | 787.8 | 369.1 |
| Other Expenses | 0 | 0 | 0 |
| Operating Expenses | 2,160.7 | 1,538.9 | 533.8 |
| Operating Income | |||
| Operating Income | (1,290.5) | (877.4) | (73.5) |
| Interest Expense | 0 | 0 | 0 |
| Interest Income | 62.2 | 63.7 | 19.9 |
| Profitability | |||
| EBITDA | (1,210.0) | (785.4) | 954.4 |
| EBIT | (1,225.6) | (793.1) | 945.9 |
| Income Before Tax | (1,225.6) | (793.1) | 945.9 |
| Income Tax Expense | 24.8 | (61.0) | 208.1 |
| Net Income | (1,250.5) | (732.1) | 285.9 |
| Per Share Data | |||
| EPS (Basic) | -2.45 | -3.11 | 0.59 |
| EPS (Diluted) | -2.45 | -3.11 | 0.59 |
| Shares Outstanding | 511.0 | 448.2 | 487.5 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 403.5 | 487.0 | 1,270.2 |
| Short-Term Investments | 1,252.5 | 970.9 | 149.0 |
| Net Receivables | 247.9 | 131.3 | 90.1 |
| Inventory | 0 | 0 | 0 |
| Other Current Assets | 100.8 | 48.9 | 28.4 |
| Total Current Assets | 2,004.7 | 1,638.0 | 1,537.6 |
| Non-Current Assets | |||
| Property, Plant & Equipment | 42.3 | 43.8 | 11.6 |
| Goodwill | 101.4 | 11.4 | 11.4 |
| Intangible Assets | 19.1 | 2.5 | 3.1 |
| Long-Term Investments | 0 | 0 | 0 |
| Other Non-Current Assets | 180.7 | 97.4 | 38.2 |
| Total Non-Current Assets | 343.5 | 155.1 | 64.3 |
| Total Assets | 2,348.2 | 1,793.1 | 1,601.9 |
| Current Liabilities | |||
| Account Payables | 4.5 | 4.2 | 3.7 |
| Short-Term Debt | 2.6 | 0 | 0 |
| Deferred Revenue | 0 | 385.9 | 261.5 |
| Other Current Liabilities | 768.2 | 35.9 | 25.2 |
| Total Current Liabilities | 776.1 | 447.0 | 545.1 |
| Non-Current Liabilities | |||
| Long-Term Debt | 55.8 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 |
| Other Non-Current Liabilities | (50.2) | 4.3 | 11.6 |
| Total Non-Current Liabilities | 61.5 | 22.1 | 13.7 |
| Total Liabilities | 837.6 | 469.1 | 558.8 |
| Stockholders' Equity | |||
| Common Stock | 0.0 | 0.0 | 0 |
| Retained Earnings | (1,443.4) | (192.9) | 540.1 |
| Accumulated Other Comprehensive Income | 4.0 | 1.3 | 0.3 |
| Total Stockholders' Equity | 1,510.6 | 1,324.1 | 1,043.1 |
| Total Liabilities & Equity | 2,348.2 | 1,793.1 | 1,601.9 |
| Debt Metrics | |||
| Total Debt | 114.3 | 28.8 | 14.6 |
| Net Debt | (289.1) | (458.2) | (1,255.6) |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | (1,250.5) | (732.1) | 737.8 |
| Depreciation & Amortization | 15.6 | 7.7 | 8.5 |
| Stock-Based Compensation | 1,364.1 | 947.6 | 2.7 |
| Change in Working Capital | 98.2 | (270.0) | 281.0 |
| Other Non-Cash Items | 23.2 | (14.9) | 17.3 |
| Operating Cash Flow | 250.7 | (61.7) | 1,047.3 |
| Investing Activities | |||
| Capital Expenditure | (4.4) | (7.4) | (6.5) |
| Acquisitions | (58.3) | 0 | 0 |
| Purchases of Investments | (1,248.1) | (1,323.3) | (223.9) |
| Sales/Maturities of Investments | 984.7 | 547.5 | 173.2 |
| Other Investing Activities | (45.3) | (1.0) | (0.2) |
| Investing Cash Flow | (371.4) | (784.3) | (57.3) |
| Financing Activities | |||
| Net Debt Issuance | (1.4) | 0 | 0 |
| Stock Repurchased | 0 | (0.9) | (0.0) |
| Dividends Paid | 0 | 0 | 0 |
| Other Financing Activities | (499.0) | 3.3 | 0.0 |
| Financing Cash Flow | 43.3 | 62.5 | 0 |
| Cash Position | |||
| Net Change in Cash | (77.4) | (783.5) | 990.0 |
| Cash at Beginning | 490.6 | 1,274.1 | 284.1 |
| Cash at End | 413.2 | 490.6 | 1,274.1 |
| Free Cash Flow | 246.2 | (69.1) | 1,040.9 |
| Key Metrics | 2025 | 2024 | 2023 |
|---|---|---|---|
| Income Statement | |||
| Revenue | 1,055.8 | 749.0 | 504.9 |
| Gross Profit | 870.3 | 661.5 | 460.4 |
| Operating Income | (1,290.5) | (877.4) | (73.5) |
| Net Income | (1,250.5) | (732.1) | 285.9 |
| EPS (Diluted) | -2.45 | -3.11 | 0.59 |
| Balance Sheet | |||
| Cash & Equivalents | 403.5 | 487.0 | 1,270.2 |
| Total Assets | 2,348.2 | 1,793.1 | 1,601.9 |
| Total Debt | 114.3 | 28.8 | 14.6 |
| Stockholders' Equity | 1,510.6 | 1,324.1 | 1,043.1 |
| Cash Flow | |||
| Operating Cash Flow | 250.7 | (61.7) | 1,047.3 |
| Capital Expenditure | (4.4) | (7.4) | (6.5) |
| Free Cash Flow | 246.2 | (69.1) | 1,040.9 |