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Stocks/Information Technology/Application Software

FigmaFIG

Application Software
Solid businessPricier than peers
$21.65−3.00%After hours: $21.58 (−0.32%)At the close, 30 Oct · Prices from CNBC, may be delayed
▼ 57.4% over 1 year
Figma over 1 yearDaily close, $, to 30 Oct 2026
$30$40$50Nov2026MarMayJulSep$21.65$40NovMarJul$21.65
Source: Nasdaq daily closes
Market value$11.54B
Price to earnings–
Forward P/E76.8x
Dividend yield–
Year to date−42.1%
One year−57.4%
Next earningsWed 4 Nov, after the close
SectorInformation Technology
52-week range (closes)
$16.84$49.84

Quality and valuation

How Figma compares with other information technology stocks. A description, not a recommendation.

Figma and 6 application software peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: pricier than most

An average business among information technology companies, priced above most of them.

Figma trades at 76.8 times the next 12 months of expected earnings, against a median of 22.2x for the 99 information technology stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +43.4% vs +20.6%
  • Keeps more of each sale (gross margin): 79.1% vs 61.5%
  • Less profitable (operating margin): −123.8% vs 17.0%
  • Turns less of its sales into cash: 18.1% vs 21.7%
FIG trades at 76.8x forward earnings, above the sector medianForward p/e, Application Software peers
ADBE9.3xINTU14.3xORCL15.4xCRM15.7xSAP26.6xFIG76.8xPLTR108.1xSNOW120.5xSector median 22.2xADBE9.3xINTU14.3xORCL15.4xCRM15.7xSAP26.6xFIG76.8xPLTR108.1xSNOW120.5xSector median 22.2x
Source: CNBC quotes; Mostly Markets

Financials

From Figma's SEC filings, through the quarter ending 30 Jun 2026. Hover or tap a bar for its value.

Revenue grew 48.2% from a year earlierQuarterly revenue, $m, latest Q2 ’26
$0m$100m$200m$300mQ3 ’24Q1 ’25Q3 ’25$370mQ2 ’26$0m$200mQ3 ’24Q1 ’25Q3 ’25$370mQ2 ’26
Source: SEC filings
Growth sped up to +48.2% last quarterRevenue growth, year on year, %
0%20%40%Q2 ’25Q3 ’25Q4 ’25Q1 ’2648.2%Q2 ’260%20%40%Q2 ’25Q3 ’25Q4 ’25Q1 ’2648.2%Q2 ’26
Source: SEC filings
Operating margin was -31.7% last quarterOperating income as a share of revenue, %
−400%−200%0%Q3 ’24Q1 ’25Q3 ’25−31.7%Q2 ’26−400%−200%0%Q3 ’24Q1 ’25Q3 ’25−31.7%Q2 ’26
Source: SEC filings
Free cash flow was $232 million over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$25m$50m$75mQ3 ’24Q1 ’25Q3 ’25$54mQ2 ’26$0m$50mQ3 ’24Q1 ’25Q3 ’25$54mQ2 ’26
Source: SEC filings
Last 12 monthsFIGSector median
Revenue growth+43.4%+20.6%
Gross margin79.1%61.5%
Operating margin−123.8%17.0%
Free cash flow margin18.1%21.7%

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Similar companies

Application Software, by market value.

CompanyPriceTodayYTDValue
PLTRPalantir Technologies$184.11−6.27%+3.6%$442B
ORCLOracle$130.67−6.37%−33.0%$396B
SAPSAP$235.02+0.41%−3.2%$289B
CRMSalesforce$229.17−0.75%−13.5%$189B
SNOWSnowflake$306.08−7.32%+39.5%$108B
ADBEAdobe$250.23+0.85%−28.5%$97.39B
INTUIntuit$341.09+2.99%−48.5%$91.15B
CDNSCadence Design Systems$327.89−4.34%+4.9%$89.97B