profit from every $100 of sales.
$0$100
Figma
$19.45+2.80% today
-47.1% in 1 year
1-year low $16.841-year high $39.48
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Figma sold, what it kept, and what it did with the cash.
Sales went from $505 million in 2023 to $1.06 billion in 2025, with -$1.25 billion of profit last year.
SalesProfit
Figma vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Figma | No profit yet | ||
 SAP | 34.4× · Expensive | ||
 Quhuo | No profit yet | ||
 Shopify | 153.7× · Very expensive | ||
 Salesforce | 24.0× · Fair price |
AI analysis
An AI analyst reads Figma's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2023 | 2024 | 2025 |
|---|---|---|---|
| 505 | 749 | 1,056 | |
| 460 | 661 | 870 | |
| -73 | -877 | -1,290 | |
| -65 | -870 | -1,275 | |
| 286 | -732 | -1,250 | |
| 0.60 | -1.50 | -3.71 | |
| 91.2% | 88.3% | 82.4% | |
| -14.5% | -117.1% | -122.2% | |
| 56.6% | -97.7% | -118.4% |
Balance sheet
| In millions of USD | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total assets | 1,602 | 1,793 | 2,348 |
| Cash | 1,270 | 487 | 403 |
| Total debt | 15 | 29 | 58 |
| Total liabilities | 559 | 469 | 838 |
| 1,043 | 1,324 | 1,511 | |
| 475 | 487 | 337 | |
| -5.5% | -51.2% | -65.0% | |
| 27.4% | -55.3% | -82.8% |
Cash flow
| In millions of USD | 2023 | 2024 | 2025 |
|---|---|---|---|
| 1,047 | -62 | 251 | |
| 6 | 7 | 13 | |
| 1,041 | -69 | 237 | |
| Dividends paid | – | – | – |
| 0 | 1 | 0 | |
| 3 | 948 | 1,364 |
Valuation
- –
- 81.6×
- –
- 6.9×
- 9.9×
- 43.9×
- –
- 2.3%
- -12.0%
- 0.0%
Profitability
- 82.4%
- -122.2%
- -118.4%
- -123.2%
- -66.6%
- -41.6%
- -101.3%
- -64.0%
- -96.8%
- 97.6%
Growth
- +44.6%
- –
- +456.2%
- –
- −15.7%
Financial health
- -0.3×
- 0.04
- 2.5%
- –
- 2.58
- 2.50
- 0.51
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 1%of 965
Bottom 1%of 973
Top 8%of 978
Bottom 45%of 981
What analysts expect
- Average price target
- $36.17
- Range
- $30.00 – $44.00
- 5 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 14, 2026 | 0.10 | 0.06 | +66.7% |
| Feb 18, 2026 | 0.08 | 0.07 | +14.3% |
| Nov 5, 2025 | 0.10 | 0.05 | +119.5% |
| Jul 28, 2025 | 0.18 | 0.08 | +122.5% |
| Mar 31, 2025 | 0.02 | – | – |
| Dec 31, 2024 | 0.20 | – | – |
| Sep 30, 2024 | -0.03 | – | – |
| Jun 30, 2024 | -1.74 | – | – |
News
Figma’s stock dips as investors worry that AI momentum is coming at a high priceMarketWatch · Nov 5, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
38No pass
Benjamin Graham
38No pass
Philip Fisher
54No pass
Peter Lynch
73Pass
Joel Greenblatt
2No pass
Charlie Munger
42No pass
Terry Smith
37No pass
Questions about Figma
Is Figma a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Figma AI analysis
What does Figma do?
Figma, Inc. develops and sells a collaborative, browser-based platform for designing, prototyping, building digital experiences, and subscriptions for access to its platform. It is in Software - Application, based in San Francisco, CA, United States, with 1,886 employees.
Does Figma pay a dividend?
No. Figma does not pay a dividend at the moment.
Is Figma stock halal?
Yes. Figma passes our halal screen: its business is permitted and its debt is 0.6% of its market value, under the 30% limit. How we check
How has Figma stock done over the past year?
Down 47.1% over the past twelve months, to $19.45. It traded between $16.84 and $39.48 and is 50.7% below its high.
Who are Figma's competitors?
The largest listed companies in the same industry are SAP, Quhuo, Shopify and Salesforce. The peers table on this page compares their profit, growth and price with Figma's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.