Figma (FIG) Stock Analysis
This is a peer-relative look at Figma (FIG): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Software & Services peers, so every number reads in context rather than in isolation.
Company Profile
| Profile Item | FIG |
|---|---|
| Name | Figma Inc. Class A Common Stock |
| Country/Region | United States |
| GICS Sector | Information Technology |
| GICS Industry Group | Software & Services |
| GICS Industry | Software |
| GICS Sub-Industry | Application Software |
| Market Capitalization | 10.08 billion USD |
| Currency | USD |
| Exchange | NYSE |
| Listing Date | July 31, 2025 |
| Security Type | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | Current stock: FIG | Industry group median |
|---|---|---|
| Total Return (1Y) | -55.54% | -3.00% |
| Total Return (3Y, Annualized) | -- | 8.28% |
| Total Return (5Y, Annualized) | -- | -7.91% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | Current stock: FIG | Industry group median |
|---|---|---|
| Volatility (1Y, Annualized) | 76.91% | 61.69% |
| Beta (5Y) | 0.99 | 1.06 |
| Max Drawdown (5Y) | -86.20% | -76.52% |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | Current stock: FIG | Industry group median |
|---|---|---|
| Sharpe Ratio (1Y) | -0.78 | -0.13 |
| Sortino Ratio (1Y) | -1.11 | -0.19 |
Profitability
ROE (TTM)
Figma (FIG) has negative ROE of -38.36%. That can come from trailing losses or negative book equity, so it is a warning state rather than a clean capital-efficiency measure.
FIG
Software & Services industry group
-38.36%
Group distribution
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- FIG
- -38.36%
- Min
- -50.52%
Largest peers
- ORCL
- 41.19%
- PLTR
- 40.91%
- IBM
- 34.77%
- MSFT
- 34.22%
- SAP
- 18.18%
- PANW
- 1.74%
- FIG
- -38.36%
Net Margin (TTM)
Figma (FIG) has negative net margin of -40.21%. The trailing period ended in a net loss, so the bottom-line conversion read is a warning rather than a profitability strength.
FIG
Software & Services industry group
-40.21%
Group distribution
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
- FIG
- -40.21%
Largest peers
- PLTR
- 50.34%
- MSFT
- 41.17%
- ORCL
- 26.36%
- SAP
- 20.41%
- IBM
- 15.99%
- PANW
- 2.67%
- FIG
- -40.21%
Operating Margin (TTM)
Figma (FIG) has negative operating margin of -30.45%. Core operations were loss-making before interest and taxes over the trailing period.
FIG
Software & Services industry group
-30.45%
Group distribution
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- FIG
- -30.45%
- Min
- -30.45%
Largest peers
- MSFT
- 49.76%
- PLTR
- 46.89%
- ORCL
- 35.63%
- SAP
- 29.50%
- IBM
- 16.97%
- PANW
- 5.40%
- FIG
- -30.45%
Profitability Metrics
| Metric | Current stock: FIG | Industry group median |
|---|---|---|
| ROE (TTM) | -38.36% | 6.59% |
| ROA (TTM) | -15.53% | 2.45% |
| Net Margin (TTM) | -40.21% | 4.63% |
| Operating Margin (TTM) | -30.45% | 8.73% |
| Gross Margin (TTM) | 81.38% | 70.07% |
Growth
Revenue Growth
Figma (FIG) grew revenue 40.96%, in the upper peer quartile. The top line is expanding faster than at most industry peers, which points to share gains or stronger pricing.
EPS Growth
No usable EPS growth is available for Figma (FIG) this period, so the earnings-momentum read is skipped.
Growth Metrics
| Metric | Current stock: FIG | Industry group median |
|---|---|---|
| Revenue Growth (YoY) | 40.96% | 14.22% |
| Revenue Growth (3Y CAGR) | -- | 13.52% |
| EPS Growth (YoY) | -- | 7.85% |
| EPS Growth (3Y CAGR) | -- | 18.19% |
Financial Strength
Current Ratio (MRQ)
Figma (FIG) has current ratio of 2.45, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.
FIG
Software & Services industry group
2.45
Group distribution
- Max
- 5.11
- Q3
- 2.77
- FIG
- 2.45
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
Largest peers
- PLTR
- 7.10
- FIG
- 2.45
- MSFT
- 1.23
- ORCL
- 1.17
- SAP
- 1.16
- PANW
- 0.87
- IBM
- 0.86
Debt / Equity (MRQ)
Figma (FIG) has debt-to-equity ratio of 0.07, in the lower-leverage quartile for its industry. Borrowing is modest relative to equity compared with most peers, which can leave more flexibility through a cycle.
FIG
Software & Services industry group
0.07
Group distribution
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- Q1
- 0.07
- FIG
- 0.07
- Min
- 0.00
Largest peers
- ORCL
- 2.52
- IBM
- 1.85
- MSFT
- 0.28
- SAP
- 0.23
- PANW
- 0.09
- FIG
- 0.07
- PLTR
- 0.02
Financial Strength Metrics
| Metric | Current stock: FIG | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | 2.45 | 1.67 |
| Debt / Equity (MRQ) | 0.07 | 0.40 |
| Net Debt / EBITDA | -- | 0.17 |
Dividends
Dividend Yield (TTM)
Figma (FIG) pays no dividend, leaving dividend yield at 0.00% this period. Shareholders may still receive value through reinvestment or buybacks, but there is no dividend income to compare here.
FIG
Software & Services industry group
0.00%
Group distribution
- FIG
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- IBM
- 2.73%
- ORCL
- 1.74%
- SAP
- 1.03%
- MSFT
- 0.69%
- FIG
- 0.00%
- PLTR
- 0.00%
- PANW
- 0.00%
Dividend Payout Ratio (TTM)
Figma (FIG) paid no earnings out as dividends this period, leaving payout ratio at 0.00%. There is no dividend payout to size against earnings.
FIG
Software & Services industry group
0.00%
Group distribution
- FIG
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- IBM
- 57.51%
- SAP
- 36.45%
- ORCL
- 31.35%
- MSFT
- 19.00%
- FIG
- 0.00%
- PLTR
- 0.00%
- PANW
- 0.00%
Dividend Metrics
| Metric | Current stock: FIG | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
No usable P/E ratio is available for Figma (FIG) this period, so the trailing-earnings valuation read is skipped.
FIG
Software & Services industry group
--
Group distribution
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
- FIG
- --
Largest peers
- PANW
- 784.60
- PLTR
- 112.94
- SAP
- 29.07
- MSFT
- 27.69
- IBM
- 20.90
- ORCL
- 18.20
- FIG
- --
P/S Ratio (TTM)
Figma (FIG) trades at 7.20 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.
FIG
Software & Services industry group
7.20
Group distribution
- Max
- 17.91
- Q3
- 8.78
- FIG
- 7.20
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
Largest peers
- PLTR
- 53.02
- PANW
- 22.37
- MSFT
- 11.37
- FIG
- 7.20
- SAP
- 6.84
- ORCL
- 5.04
- IBM
- 3.31
P/B Ratio (MRQ)
Figma (FIG) trades at 6.52 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.
FIG
Software & Services industry group
6.52
Group distribution
- Max
- 16.63
- Q3
- 8.50
- FIG
- 6.52
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Largest peers
- SAP
- 73.25
- PLTR
- 34.41
- PANW
- 9.30
- MSFT
- 8.38
- FIG
- 6.52
- IBM
- 6.52
- ORCL
- 5.68
Valuation Metrics
| Metric | Current stock: FIG | Industry group median |
|---|---|---|
| P/E Ratio (TTM) | -- | 32.91 |
| P/S Ratio (TTM) | 7.20 | 4.25 |
| P/B Ratio (MRQ) | 6.52 | 4.30 |
| Free Cash Flow Yield (TTM) | 4.83% | 3.98% |