FIG - Figma, Inc.
Price:
--
--
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CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$31.00
DETAILS
HIGH:
$38.00
LOW:
$22.00
MEDIAN:
$32.50
CONSENSUS:
$31.00
UPSIDE:
32.42%
| Metric | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||
| Revenue | 333.4 | 303.8 | 274.2 | 249.6 | 228.2 | 216.9 | 198.6 | 177.2 | 156.2 | 144.4 | 132.2 |
| Cost of Revenue | 68.7 | 54.3 | 83.9 | 27.9 | 19.5 | 16.5 | 18.7 | 39.6 | 12.8 | 13.3 | 11.9 |
| Gross Profit | 264.8 | 249.5 | 190.3 | 221.8 | 208.7 | 200.5 | 179.9 | 137.6 | 143.4 | 131.1 | 120.3 |
| Operating Expenses | |||||||||||
| R&D Expenses | 173.0 | 195.8 | 680.9 | 83.1 | 69.9 | 58.6 | 104.2 | 535.7 | 52.7 | 46.5 | 43.9 |
| SG&A Expenses | 229.2 | 249.1 | 646.2 | 136.6 | 99.1 | 90.3 | 123.1 | 496.3 | 78.2 | 124.2 | 77.0 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 402.2 | 445.0 | 1,327.1 | 219.7 | 169.0 | 148.8 | 227.3 | 1,031.9 | 130.9 | 170.7 | 120.8 |
| Operating Income | |||||||||||
| Operating Income | (137.4) | (195.5) | (1,136.8) | 2.1 | 39.7 | 51.7 | (47.3) | (894.3) | 12.5 | (39.5) | (0.5) |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 15.2 | 15.7 | 15.8 | 15.5 | 0 | 0 | 15.7 | 17.8 | 0 | 0 |
| Profitability | |||||||||||
| EBITDA | (135.6) | (198.2) | (1,103.1) | 42.7 | 48.5 | 90.8 | (29.4) | (882.1) | 31.8 | 967.5 | 3.6 |
| EBIT | (141.7) | (204.2) | (1,107.5) | 39.1 | 47.0 | 90.8 | (29.4) | (884.1) | 29.7 | 967.5 | 3.6 |
| Income Before Tax | (141.7) | (204.2) | (1,107.5) | 39.1 | 47.0 | 90.8 | (29.4) | (884.1) | 29.7 | 967.5 | 3.6 |
| Income Tax Expense | 0.7 | 22.3 | (10.5) | 10.8 | 2.1 | (7.0) | (13.8) | (56.3) | 16.2 | 202.8 | 2.4 |
| Net Income | (142.4) | (226.6) | (1,097.0) | 0.8 | 8.6 | 97.8 | (15.6) | (827.9) | 13.5 | 764.7 | 1.3 |
| Per Share Data | |||||||||||
| EPS (Basic) | -0.27 | -0.44 | -2.23 | 0.00 | -2.05 | 0.20 | -0.03 | -1.74 | 0.03 | 1.57 | 0.00 |
| EPS (Diluted) | -0.27 | -0.44 | -2.23 | 0.00 | -2.05 | 0.20 | -0.03 | -1.74 | 0.03 | 1.57 | 0.00 |
| Shares Outstanding | 523.5 | 511.0 | 492.7 | 487.5 | 474.8 | 487.5 | 487.5 | 474.8 | 487.5 | 487.5 | 487.5 |
| Metric | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2023 Q4 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 405.7 | 403.5 | 236.7 | 621.6 | 618.6 | 400.8 | 1,197.8 |
| Short-Term Investments | 1,232.8 | 1,252.5 | 1,371.1 | 1,001.9 | 923.2 | 1,057.1 | 221.4 |
| Net Receivables | 188.4 | 247.9 | 156.0 | 124.7 | 113.1 | 131.3 | 90.1 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 109.6 | 100.8 | 59.5 | 60.1 | 59.6 | 31.0 | 17.5 |
| Total Current Assets | 1,936.4 | 2,004.7 | 1,823.4 | 1,808.3 | 1,714.5 | 1,620.1 | 1,526.7 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 85.4 | 77.4 | 78.7 | 80.9 | 83.7 | 43.8 | 25.3 |
| Goodwill | 101.4 | 101.4 | 24.5 | 24.5 | 11.4 | 11.4 | 11.4 |
| Intangible Assets | 12.7 | 19.1 | 16.0 | 13.2 | 2.3 | 2.5 | 3.1 |
| Long-Term Investments | 0 | 0 | 9.8 | 9.8 | 0 | 3.6 | 3.9 |
| Other Non-Current Assets | 154.9 | 145.6 | 120.8 | 98.0 | 102.9 | 111.7 | 31.5 |
| Total Non-Current Assets | 354.4 | 343.5 | 249.9 | 226.4 | 200.2 | 173.0 | 75.2 |
| Total Assets | 2,290.8 | 2,348.2 | 2,073.2 | 2,034.7 | 1,914.8 | 1,793.1 | 1,601.9 |
| Current Liabilities | |||||||
| Account Payables | 8.9 | 4.5 | 13.4 | 12.0 | 3.9 | 4.2 | 3.7 |
| Short-Term Debt | 0 | 2.6 | 4.7 | 9.4 | 0 | 10.9 | 12.5 |
| Deferred Revenue | 627.7 | 595.3 | 473.6 | 437.8 | 413.4 | 381.4 | 253.6 |
| Other Current Liabilities | 53.2 | 172.9 | 51.4 | 71.7 | 45.0 | 30.6 | 77.6 |
| Total Current Liabilities | 774.5 | 776.1 | 622.5 | 546.6 | 484.4 | 447.0 | 545.1 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 53.6 | 55.8 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 5.7 | (50.2) | 5.7 | 5.6 | 4.4 | 4.3 | 11.6 |
| Total Non-Current Liabilities | 59.4 | 61.5 | 62.2 | 60.9 | 59.9 | 22.1 | 13.7 |
| Total Liabilities | 833.8 | 837.6 | 684.7 | 607.4 | 544.4 | 469.1 | 558.8 |
| Stockholders' Equity | |||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 |
| Retained Earnings | (1,585.8) | (1,443.4) | (1,216.8) | (119.8) | (148.0) | (192.9) | 540.1 |
| Accumulated Other Comprehensive Income | (0.2) | 4.0 | 3.4 | 2.5 | 2.1 | 1.3 | 0.3 |
| Total Stockholders' Equity | 1,457.0 | 1,510.6 | 1,388.5 | 1,427.2 | 1,370.4 | 1,324.1 | 1,043.1 |
| Total Liabilities & Equity | 2,290.8 | 2,348.2 | 2,073.2 | 2,034.7 | 1,914.8 | 1,793.1 | 1,601.9 |
| Debt Metrics | |||||||
| Total Debt | 56.2 | 114.3 | 61.2 | 64.7 | 66.8 | 28.8 | 14.6 |
| Net Debt | (349.5) | (289.1) | (175.5) | (556.9) | (551.8) | (372.0) | (1,183.2) |
| Metric | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q2 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | (142.4) | (226.6) | (1,097.0) | 28.2 | 44.9 | 97.8 | (827.9) | 13.5 |
| Depreciation & Amortization | 6.1 | 6.0 | 4.4 | 3.6 | 1.5 | 0 | 2.0 | 2.1 |
| Stock-Based Compensation | 169.0 | 218.3 | 1,138.3 | 7.3 | 0.2 | 0 | 858.4 | 0.6 |
| Change in Working Capital | 34.6 | 12.5 | 8.7 | 38.4 | 38.5 | (3.0) | (217.1) | (37.5) |
| Other Non-Cash Items | 30.0 | 29.6 | (3.3) | (15.1) | 12.0 | (21.8) | 6.3 | 3.1 |
| Operating Cash Flow | 97.3 | 39.9 | 51.2 | 62.5 | 97.2 | 73.1 | (178.2) | (18.1) |
| Investing Activities | ||||||||
| Capital Expenditure | (8.7) | (0.7) | (2.1) | (1.9) | (2.6) | (2.3) | (1.7) | (1.6) |
| Acquisitions | 0 | (37.3) | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (262.9) | (233.4) | (489.0) | (286.8) | (238.8) | (249.5) | (280.2) | (377.2) |
| Sales/Maturities of Investments | 263.9 | 200.7 | 235.7 | 265.0 | 283.3 | 189.3 | 109.2 | 42.3 |
| Other Investing Activities | 0.3 | (6.1) | (0.4) | (51.2) | (0.7) | (0.2) | (0.5) | (0.2) |
| Investing Cash Flow | (7.4) | (77.0) | (260.9) | (74.8) | 41.3 | (63.5) | (173.2) | (336.6) |
| Financing Activities | ||||||||
| Net Debt Issuance | 0 | 0 | (1.4) | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | (0.9) | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (116.4) | (5.6) | (492.0) | (1.4) | 0 | 0 | (396.3) | 0.0 |
| Financing Cash Flow | (87.5) | 99.0 | (71.5) | 15.4 | 0.3 | 61.2 | 21.9 | 0.0 |
| Cash Position | ||||||||
| Net Change in Cash | (11.5) | 61.9 | (247.4) | 3.1 | 138.8 | 400.8 | (329.6) | (354.7) |
| Cash at Beginning | 337.6 | 351.3 | 484.1 | 629.4 | 490.6 | 0 | 919.4 | 1,274.1 |
| Cash at End | 326.0 | 413.2 | 236.7 | 632.4 | 629.4 | 400.8 | 589.8 | 919.4 |
| Free Cash Flow | 88.6 | 39.2 | 49.0 | 60.6 | 94.6 | 70.8 | (179.9) | (19.7) |
| Key Metrics | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 333.4 | 303.8 | 274.2 | 249.6 | 228.2 | 216.9 | 198.6 | 177.2 | 156.2 | 144.4 | 132.2 |
| Gross Profit | 264.8 | 249.5 | 190.3 | 221.8 | 208.7 | 200.5 | 179.9 | 137.6 | 143.4 | 131.1 | 120.3 |
| Operating Income | (137.4) | (195.5) | (1,136.8) | 2.1 | 39.7 | 51.7 | (47.3) | (894.3) | 12.5 | (39.5) | (0.5) |
| Net Income | (142.4) | (226.6) | (1,097.0) | 0.8 | 8.6 | 97.8 | (15.6) | (827.9) | 13.5 | 764.7 | 1.3 |
| EPS (Diluted) | -0.27 | -0.44 | -2.23 | 0.00 | -2.05 | 0.20 | -0.03 | -1.74 | 0.03 | 1.57 | 0.00 |
| Balance Sheet | |||||||||||
| Cash & Equivalents | 405.7 | 403.5 | 236.7 | 621.6 | 618.6 | 400.8 | 1,197.8 | ||||
| Total Assets | 2,290.8 | 2,348.2 | 2,073.2 | 2,034.7 | 1,914.8 | 1,793.1 | 1,601.9 | ||||
| Total Debt | 56.2 | 114.3 | 61.2 | 64.7 | 66.8 | 28.8 | 14.6 | ||||
| Stockholders' Equity | 1,457.0 | 1,510.6 | 1,388.5 | 1,427.2 | 1,370.4 | 1,324.1 | 1,043.1 | ||||
| Cash Flow | |||||||||||
| Operating Cash Flow | 97.3 | 39.9 | 51.2 | 62.5 | 97.2 | 73.1 | (178.2) | (18.1) | |||
| Capital Expenditure | (8.7) | (0.7) | (2.1) | (1.9) | (2.6) | (2.3) | (1.7) | (1.6) | |||
| Free Cash Flow | 88.6 | 39.2 | 49.0 | 60.6 | 94.6 | 70.8 | (179.9) | (19.7) | |||