Figma, Inc.
Business
Figma, Inc. is a browser-based, collaborative design and product development platform that enables teams to turn ideas into digital products and experiences. The company offers an integrated suite of products including Figma Design for visualization, FigJam for ideation, Dev Mode for code handoff, Figma Make for AI-powered prototyping, Figma Slides for presentations, Figma Sites for web publishing, Figma Buzz for marketing collateral, and Figma Weave for media generation and editing. Figma serves product teams globally through a subscription model with tiered plans and seat types, distributing via self-serve and direct sales channels.
Summary from 10-K filed 2026-02-18
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Revenue | 1,056 | 749 | 505 | |
| Cost of revenue | 186 | 88 | 45 | |
| Gross profit | 870 | 661 | 460 | |
| Research and development | 1,030 | 751 | 165 | |
| Sales and marketing | 576 | 472 | 201 | |
| General and administrative | 556 | 316 | 168 | |
| Total operating expenses | 2,161 | 1,539 | 534 | |
| Loss from operations | −1,290 | −877 | −73 | |
| Other income, net | 65 | 84 | 1,019 | |
| Income (loss) before income taxes | −1,226 | −793 | 946 | |
| Provision for (benefit from) income taxes | 25 | −61 | 208 | |
| Net income (loss) | −1,250 | −732 | 738 | |
| Less: net income attributable to participating securities | 0 | 0 | −452 | |
| Net income (loss) attributable to common stockholders | −1,250 | −732 | 286 | |
| Net income (loss) per share, basic (in usd per share) | −3.71 | −3.74 | 1.7 | |
| Net income (loss) per share, diluted (in usd per share) | −3.71 | −3.74 | 1.62 | |
| Weighted-average shares outstanding used in computing net income (loss) per share attributable to common stockholders, basic (in shares) | 337 | 196 | 168 | |
| Weighted-average shares outstanding used in computing net income (loss) per share attributable to common stockholders, diluted (in shares) | 337 | 196 | 187 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 403 | 487 | 1,270 | — | |
| Digital assets, current | 16 | 0 | — | — | |
| Marketable securities | 1,252 | 971 | — | — | |
| Accounts receivable, net | 248 | 131 | — | — | |
| Prepaid expenses and other current assets | 85 | 49 | — | — | |
| Total current assets | 2,005 | 1,638 | — | — | |
| Property and equipment, net | 20 | 15 | — | — | |
| Intangible assets, net | 19 | 3 | — | — | |
| Digital assets, non-current | 15 | 0 | — | — | |
| Goodwill | 101 | 11 | 11 | — | |
| Operating lease right-of-use assets | 57 | 29 | — | — | |
| Restricted cash | 10 | 4 | — | — | |
| Other assets | 121 | 94 | — | — | |
| Total assets | 2,348 | 1,793 | — | — | |
| Accounts payable | 5 | 4 | — | — | |
| Accrued and other current liabilities | 67 | 31 | — | — | |
| Accrued compensation and benefits | 107 | 19 | — | — | |
| Operating lease liabilities, current | 3 | 11 | — | — | |
| Deferred revenue | 595 | 381 | — | — | |
| Total current liabilities | 776 | 447 | — | — | |
| Operating lease liabilities, non-current | 56 | 18 | — | — | |
| Other non-current liabilities | 6 | 4 | — | — | |
| Total liabilities | 838 | 469 | — | — | |
| Commitments and contingencies (Note 11) | — | — | — | — | |
| Preferred stock, value | — | 329 | — | — | |
| Additional paid-in capital | 2,950 | 1,186 | — | — | |
| Accumulated other comprehensive income | 4 | 1 | — | — | |
| Accumulated deficit | −1,443 | −193 | — | — | |
| Total stockholders equity | 1,511 | 1,324 | 1,043 | 286 | |
| Total liabilities and stockholders equity | 2,348 | 1,793 | — | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Depreciation and amortization | 16 | 8 | 8 | |
| Non-cash operating lease costs | 18 | 14 | 12 | |
| Stock-based compensation, net of amounts capitalized | 1,364 | 948 | 3 | |
| Amortization of deferred commissions | 21 | 15 | 9 | |
| Net accretion of discounts on available-for-sale securities | −16 | −17 | −4 | |
| Unrealized (gains) losses on equity investments, net | 797,000 | −24 | 0 | |
| Other non-cash adjustments | −517,000 | −3 | 148,000 | |
| Accounts receivable, net | −118 | −43 | −40 | |
| Prepaid expenses and other current assets | −36 | −21 | 450,000 | |
| Other assets | −36 | −87 | −14 | |
| Accounts payable | 154,000 | 525,000 | −3 | |
| Accrued and other current liabilities | 2 | −253 | 232 | |
| Accrued compensation and benefits | 77 | 11 | 695,000 | |
| Deferred revenue | 214 | 128 | 92 | |
| Other non-current liabilities | −5 | −7 | 12 | |
| Net cash provided by (used in) operating activities | 251 | −62 | 1,047 | |
| Purchase of intangible assets | −5 | −920,000 | −88,000 | |
| Capital expenditures | −4 | −2 | −4 | |
| Capitalized internal-use software development costs | −4 | −5 | −3 | |
| Cash paid for business combinations, net of cash acquired | −58 | 0 | 0 | |
| Purchases of marketable securities | −1,248 | −1,323 | −224 | |
| Proceeds from maturities of marketable securities | 840 | 448 | 156 | |
| Proceeds from sale of marketable securities | 145 | 100 | 17 | |
| Proceeds from sale of digital assets | 15 | 0 | 0 | |
| Purchases of digital assets | −45 | 0 | 0 | |
| Other cash flows from investing activities | −6 | −982,000 | −196,000 | |
| Net cash used in investing activities | −371 | −784 | −57 | |
| Repurchase of common stock | 0 | −861,000 | −2,000 | |
| Payment of deferred offering costs, net of costs reimbursed | −7 | 0 | 0 | |
| Cash paid for issuance costs on revolving credit facility | −1 | 0 | 0 | |
| Proceeds from options exercised | 132 | 2 | 2,000 | |
| Proceeds from issuance of common stock under employee stock purchase plan | 26 | 0 | 0 | |
| Proceeds from issuance of common stock | 0 | 60 | 0 | |
| Proceeds from borrowings under revolving credit facility | 331 | 0 | 0 | |
| Repayments on borrowings under revolving credit facility | −331 | 0 | 0 | |
| Proceeds from initial public offering, net of underwriting discounts and commissions | 393 | 0 | 0 | |
| Taxes paid related to net share settlement of equity awards | −500 | −418 | 0 | |
| Proceeds from sale of common stock in connection with May 2024 RSU release primary financing | 0 | 419 | 0 | |
| Other cash flows from financing activities | 797,000 | 0 | 0 | |
| Net cash provided by financing activities | 43 | 62 | 0 | |
| Change in cash, cash equivalents, and restricted cash | −77 | −784 | 990 | |
| Federal | 4 | 0 | 0 | |
| State | −672,000 | 0 | 0 | |
| Total cash paid during the period for income taxes, net of refunds | 29 | — | — | |
| Cash paid during the period for income taxes (prior to ASU 2023-09) | — | 196 | 7 | |
| Payments for operating leases included in cash from operating activities | 17 | 15 | 14 | |
| Operating lease right-of-use assets obtained in exchange for lease liabilities | 42 | 28 | 10 | |
| Stock-based compensation included in capitalized internal-use software development costs | 3 | 3 | 96,000 | |
| Fair value of shares issued in connection with business combination | 33 | 0 | 13 | |
| Conversion of convertible preferred stock to common stock upon initial public offering | 329 | 0 | 0 | |
| Reclassification of deferred offering costs to additional paid-in capital upon initial public offering | 11 | 0 | 0 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Figma, Inc.'s CIK number?
Figma, Inc.'s SEC CIK number is 0001579878 (1579878). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Figma, Inc.'s SEC filings?
All of Figma, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Figma, Inc. last report earnings?
Figma, Inc. (FIG) most recently filed an earnings 8-K with the SEC on May 14, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-035087). This is Figma, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Figma, Inc.'s most recent earnings 8-K?
Figma, Inc.'s latest earnings 8-K (Item 2.02) was filed May 14, 2026 under accession 0001628280-26-035087. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Figma, Inc.'s latest earnings 8-K →
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