FIG financial statements

The full income statement, balance sheet, and cash-flow statement for Figma Inc. (FIG), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2025-09 492.7M2025-12 513.0M2026-03 523.5M2026-06 533.0M+8.2% over 3 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23
Revenue	1.06B YoY+41.0%	749M YoY+48.4%	505M
	870M YoY+31.6%	661M YoY+43.7%	460M
Cost of revenue	186M YoY+112.0%	87.5M YoY+96.7%	44.5M
	2.16B YoY+40.4%	1.54B YoY+188.3%	534M
Research & development	1.03B YoY+37.1%	751M YoY+355.8%	165M
Selling, general & administrative	556M YoY+75.9%	316M YoY+88.3%	168M
General & administrative	556M YoY+75.9%	316M YoY+88.3%	168M
Selling & marketing	576M YoY+21.9%	472M YoY+134.4%	201M
Operating income	-1.29B YoY-47.1%	-877M YoY-1094.5%	-73.5M
Other non-operating income	64.8M YoY-23.2%	84.4M YoY-91.7%	1.02B
Gain (loss) on equity securities	-797K YoY-103.3%	24.2M	0.00
Pre-tax income	-1.23B YoY-54.5%	-793M YoY-183.8%	946M
Income tax	24.8M YoY+140.7%	-61.0M YoY-129.3%	208M
	-1.25B YoY-70.8%	-732M YoY-199.2%	738M
Net income to common	-1.25B YoY-70.8%	-732M YoY-356.1%	286M
	-$3.71 YoY+0.8%	-$3.74 YoY-330.9%	$1.62
EPS (basic)	-$3.71 YoY+0.8%	-$3.74 YoY-320.0%	$1.70
	337M YoY+72.3%	196M YoY+16.2%	168M
	337M YoY+72.3%	196M YoY+4.5%	187M
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23
	2.00B YoY+22.4%	1.64B	—
Cash & equivalents	403M YoY-17.1%	487M YoY-61.7%	1.27B
Short-term investments	1.25B YoY+29.0%	971M	—
Cash & short-term investments	1.66B YoY+13.6%	1.46B	—
Accounts receivable	248M YoY+88.8%	131M	—
Prepaid expenses	85.3M YoY+74.5%	48.9M	—
	2.35B YoY+31.0%	1.79B	—
Property, plant & equipment	20.0M YoY+33.2%	15.0M	—
Operating lease right-of-use	57.4M YoY+99.3%	28.8M	—
Goodwill	101M YoY+789.6%	11.4M YoY+0.0%	11.4M
Intangible assets	19.1M YoY+660.0%	2.51M	—
Other non-current assets	121M YoY+28.7%	93.8M	—
	776M YoY+73.6%	447M	—
Accounts payable	4.50M YoY+8.1%	4.16M	—
Accrued liabilities	66.5M YoY+113.8%	31.1M	—
Deferred revenue	595M YoY+56.1%	381M	—
Current lease liability	2.63M YoY-76.0%	10.9M	—
Other current liabilities	31.8M YoY+92.4%	16.5M	—
	838M YoY+78.5%	469M	—
Non-current lease liability	55.8M YoY+213.2%	17.8M	—
Operating lease liability (total)	58.5M	—	—
Other non-current liabilities	5.62M YoY+30.5%	4.30M	—
	1.51B YoY+14.1%	1.32B YoY+26.9%	1.04B
Preferred stock	—	329M	—
Additional paid-in capital	2.95B YoY+148.7%	1.19B	—
Retained earnings	-1.44B YoY-648.2%	-193M	—
Accumulated other comprehensive income	4.00M YoY+204.6%	1.31M	—
Total liabilities & equity	2.35B YoY+31.0%	1.79B	—
	513M YoY+138.7%	215M YoY+25.7%	171M
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23
	251M YoY+506.2%	-61.7M YoY-105.9%	1.05B
Depreciation & amortization	15.6M YoY+102.8%	7.69M YoY-9.5%	8.50M
Share-based compensation	1.36B YoY+44.0%	948M YoY+34955.6%	2.70M
Deferred income taxes	-2.14M YoY-83.2%	-1.17M	0.00
Change in receivables	118M YoY+175.9%	42.7M YoY+7.8%	39.6M
Change in payables	154K YoY-70.7%	525K YoY+119.6%	-2.67M
	-371M YoY+52.6%	-784M YoY-1267.8%	-57.3M
Capital expenditure	4.44M YoY+124.8%	1.98M YoY-47.1%	3.74M
Free cash flow	246M YoY+486.6%	-63.7M YoY-106.1%	1.04B
Acquisitions	58.3M	0.00	0.00
Sales/maturities of investments	840M YoY+87.6%	448M YoY+186.2%	156M
Other investing activities	6.46M YoY+557.8%	982K YoY+401.0%	196K
	43.3M YoY-30.6%	62.5M	0.00
Long-term debt issued	0.00	0.00	0.00
Long-term debt repaid	0.00	0.00	0.00
Common stock issued	0.00 YoY-100.0%	60.0M	0.00
Common stock repurchased	0.00 YoY-100.0%	861K YoY+42950.0%	2.00K
Dividends paid	0.00	0.00	0.00
Other financing activities	797K	0.00	0.00
Net change in cash	-77.4M YoY+90.1%	-784M YoY-179.1%	990M
Income taxes paid	28.6M YoY-85.4%	196M YoY+2680.2%	7.04M
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23
Market cap	19.2B	—	—
P/S	18.2×	—	—
P/B	12.7×	—	—
P/FCF	77.8×	—	—
	1.3%	—	—
Source filing	10-K	10-K	10-K

About this data

Source: FIG's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all FIG filings on SEC EDGAR → Not investment advice.