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Figma is where teams come together to turn ideas into the world s best digital products and experiences. Every day, billions of people around the world use apps, websites, and other digital experiences that are made in Figma.
$22.71
+$1.12 (+5.19%)
Price from 12 days ago
The business is unprofitable at the operating level (-122.23% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 41.0%, still solid. Margins contracted 5.1pp, which offsets some of the top-line progress.
ROIC dropped from -57.86% to -69.78%, capital efficiency is deteriorating. Operating margin contracted 5.1pp YoY, cost discipline may be slipping.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$1.16B
▲ +41.0% YoY
Net Income (TTM)
-$1.44B
▼ -70.8% YoY
Op. Margin
-126.41%
▼ -5.1pp YoY
ROIC
-76.99%
▼ -11.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$239M
▲ +486.6% YoY
Op. Cash Flow (TTM)
$251M
▲ +506.2% YoY
Net Debt
-$1.58B
Net Cash Position
Cash & Equiv.
$1.64B
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