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Key Metrics
IPO debut valuation
$18.8B
As of Jul 31, 2025CNBC
Company Snapshot
Figma is a Design software company, based in San Francisco, California, USA.
Recent changes
- Aug 5, 2026Aug 5, 2026Figma Stock Drops 16% Despite Revenue Beat Pulse story
- Oct 3, 2025Oct 3, 2025Invested in Supabase (Series E, $100M) Supabase
- Jul 31, 2025Jul 31, 2025IPO an undisclosed amount at $18.8B CNBC
- Jul 31, 2025Jul 31, 2025First reported revenue: $1.056B (+41% YoY) Company profile
Debt, IPO & other events
not counted in equity raised| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Jul 31, 2025 | ipo | — | $18.8B | CNBC |
Investors
Latest Pulse
- Oct 15, 2026Figma Expands Agent Tools With Specs and Code LayersFigma used its Config event in India to launch Specs, expand code layers to public beta and add deeper MCP support, saying its platform now produces 17 times more code than before but only 1.3 times more releases.→
- Aug 5, 2026Figma Stock Drops 16% Despite Revenue BeatFigma shares fell as much as 16.5% after Q2 revenue beat estimates at $370M but rising AI infrastructure costs and the departure of two senior executives overshadowed a raised full-year outlook.→
Coverage Timeline
newest firstAll Coverage
BIG TECH
Figma Expands Agent Tools With Specs and Code Layers
Figma used its Config event in India to launch Specs, expand code layers to public beta and add deeper MCP support, saying its platform now produces 17 times more code than before but only 1.3 times more releases.
DEEP DIVE
Figma Stock Drops 16% Despite Revenue Beat
IPO-16.5% stock move
Figma Stock Drops 16% Despite Revenue Beat
Figma shares fell as much as 16.5% after Q2 revenue beat estimates at $370M but rising AI infrastructure costs and the departure of two senior executives overshadowed a raised full-year outlook.
BRIEF
Related Companies
The VC Read
Figma is the rare company that turned a broken $20B acquisition into a stronger independent outcome — walked from Adobe, then IPO'd on its own terms with $1B+ revenue and 136% NDR. The post-IPO drift below its debut price is the real lesson: even great businesses get repriced when public markets stop paying private-round multiples. Figma's next act is proving its multi-product expansion (Dev Mode, Make, Sites) compounds faster than AI design tools can commoditize the core.
How Figma makes money
Figma sells seat-based SaaS across Starter, Professional, Organization, and Enterprise tiers, spanning a multi-product platform: Figma Design, FigJam (whiteboarding), Dev Mode (design-to-code), Slides, and newer Make/Sites/Buzz products. Growth comes from landing teams and expanding across an organization — reflected in a 136% net dollar retention rate.
Crossing $1.056B in FY2025 revenue (+41% YoY) with that retention is what made the public-market debut credible. The strategic question now is whether Figma's multi-product expansion outruns AI-design newcomers and Adobe's renewed competition.
Competitors
- Adobe (XD / Creative Cloud) — The former acquirer and incumbent design suite.
- Canva — Mass-market design at the low end.
- Framer — Design-to-web.
- Sketch — The Mac-native incumbent Figma displaced.
Profile sources (verified 2026-06-28): Figma — FY2025 financial results · StockAnalysis.com — FIG
Figma FAQ
How much revenue does Figma make?
Figma reported $1.056 billion in FY2025 revenue, up 41% year over year, with a 136% net dollar retention rate. FY2026 guidance is roughly $1.37 billion.
How does Figma make money?
Through seat-based SaaS subscriptions across Starter, Professional, Organization, and Enterprise tiers, spanning Figma Design, FigJam, Dev Mode, Slides, and newer products — with growth driven by expansion within organizations.
Sources & methodologyshow
Where these figures come from
- CNBCmajor outlet2 facts
- Company profileunspecified source1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.