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Figma, Inc.

FIG

Last
$22.49
Day
-0.6%
1y
-66.7%
5y
-80.4%
52w
-68.0%
SPY YTD
+13.3%
XLK
+37.1%
Earnings
2026-11-0425d
EMA 21
22.35
EMA 50
23.05
EMA 200
30.29
20d high
-8.7%
5y high
-84.2%
5y range
5th
Website · 1,886 employees · United States

Positions held

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Score
-3
Hold
watch
Signal
Neutral
Target
$24.51
Stop
$21.07
Stop distance
6.3%
Target vs last
+9.0%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Figma operates in a competitive software application industry, focusing on design collaboration tools that are increasingly essential for remote teams.
  • Revenue increased by 11% from the previous quarter, reaching $370 million.
  • Gross margin improved to 83.7%, up from 79.4% in the prior quarter.
Bear case
  • The company faces significant challenges with a high debt-to-equity ratio of 4.584, indicating potential financial instability.
  • Operating margin remains negative at -31.7%, reflecting ongoing operational inefficiencies.
  • Net income was -112.152 million in the latest quarter, continuing a trend of losses.

Fundamentals

Market cap$12.06BEnterprise value$10.46BTrailing P/E—Forward P/E65.65
PEG7.95Price / book8.13Beta—Dividend yield0.00%
Revenue growth48.2%Earnings growth—Gross margin79.1%Operating margin-31.7%
Profit margin-123.1%ROE-108.6%ROA-45.2%Debt / equity0.05
Current ratio2.45Free cash flow$866.97MAnalyst recommendationbuyMean target$30.80
52w high$70.4052w low$16.60

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue$370M$333M$304M$274M$250M—
Op margin-31.7%-41.2%-64.4%-414.6%0.8%—
Net income-$112M-$142M-$227M-$1.1B$0.8M—
Gross margin83.7%79.4%82.1%69.4%88.8%—
Gross profit$310M$265M$249M$190M$222M—
Operating income-$117M-$137M-$196M-$1.1B$2.1M—
  • Revenue +11% vs prior quarter ($370M vs $333M).
  • Gross margin 83.7% (was 79.4% prior quarter).
  • Operating margin expanded to -31.7%.

Yearly (6y)

202520242023
Revenue$1.1B$749M$505M
Op margin-122.2%-117.1%-14.5%
Net income-$1.3B-$732M$286M
Gross margin82.4%88.3%91.2%
Gross profit$870M$661M$460M
Operating income-$1.3B-$877M-$73.5M
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

FIG · daily+3.8% over 13 sessions
Close EMA21 EMA50 EMA200
19.4020.3921.3822.3823.372026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
-$1.1B-$730M-$363M$3M$370M-415%-163%89%2025-Q22025-Q32025-Q42026-Q12026-Q2