APP vs. FIG: AppLovin vs. Figma Stock Comparison
How do AppLovin (APP) and Figma (FIG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
AppLovin (APP) and Figma (FIG) are both classified in the Application Software sub-industry within the broader Software industry, placing them in the closest GICS peer bucket.
| Profile Item | APP | FIG |
|---|---|---|
| Name | AppLovin Corporation Class A Common Stock | Figma Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | Software |
| GICS Sub-Industry | Application Software | Application Software |
| Market Capitalization | 129.62 billion USD | 10.08 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | April 15, 2021 | July 31, 2025 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | APP | FIG |
|---|---|---|
| Total Return (1Y) | -34.71% | -55.54% |
| Total Return (3Y, Annualized) | 116.87% | -- |
| Total Return (5Y, Annualized) | 31.34% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
AppLovin (APP) carries a highly aggressive beta of 2.25, indicating much higher sensitivity to broad-market moves, whereas Figma (FIG) is closer to market-like at 0.99 — a noticeable difference in market-sensitivity profile.
| Metric | APP | FIG |
|---|---|---|
| Volatility (1Y, Annualized) | 80.36% | 76.91% |
| Beta (5Y) | 2.25 | 0.99 |
| Max Drawdown (5Y) | -91.90% | -86.20% |
| Avg. Volume (3M) | 5.33M | 13.00M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | APP | FIG |
|---|---|---|
| Sharpe Ratio (1Y) | -0.49 | -0.78 |
| Sortino Ratio (1Y) | -0.69 | -1.11 |
Profitability
ROE (TTM)
Figma (FIG) reports a negative ROE of -38.36%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile AppLovin (APP) reports 210.09%, ranking against industry peers normally.
APP
Software & Services industry group
210.09%
- APP
- 210.09%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
FIG
Software & Services industry group
-38.36%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- FIG
- -38.36%
- Min
- -50.52%
Net Margin (TTM)
Figma (FIG) reports a negative net margin of -40.21%, usually indicating a net loss over the period. Meanwhile AppLovin (APP) reports 65.89%, ranking against industry peers normally.
APP
Software & Services industry group
65.89%
- APP
- 65.89%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
FIG
Software & Services industry group
-40.21%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
- FIG
- -40.21%
Operating Margin (TTM)
Figma (FIG) reports a negative operating margin of -30.45%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile AppLovin (APP) reports 78.22%, ranking against industry peers normally.
APP
Software & Services industry group
78.22%
- APP
- 78.22%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
FIG
Software & Services industry group
-30.45%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- FIG
- -30.45%
- Min
- -30.45%
Profitability Metrics
| Metric | APP | FIG |
|---|---|---|
| ROE (TTM) | 210.09% | -38.36% |
| ROA (TTM) | 49.57% | -15.53% |
| Net Margin (TTM) | 65.89% | -40.21% |
| Operating Margin (TTM) | 78.22% | -30.45% |
| Gross Margin (TTM) | 88.78% | 81.38% |
Growth
Revenue Growth
Both companies are growing quickly, but AppLovin (APP) at 69.99% is the standout with revenue growth above its industry range; Figma (FIG) at 40.96% also sits in the top quartile.
EPS Growth
Only one side can be read here: AppLovin (APP) reports EPS growth of 115.23%, ranked against its industry; Figma (FIG) has no EPS growth figure this period.
Growth Metrics
| Metric | APP | FIG |
|---|---|---|
| Revenue Growth (YoY) | 69.99% | 40.96% |
| Revenue Growth (3Y CAGR) | 24.84% | -- |
| EPS Growth (YoY) | 115.23% | -- |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Figma (FIG) at 2.45 keeps current ratio within its industry’s typical mid-range, while AppLovin (APP) at 3.81 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
APP
Software & Services industry group
3.81
- Max
- 5.11
- APP
- 3.81
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
FIG
Software & Services industry group
2.45
- Max
- 5.11
- Q3
- 2.77
- FIG
- 2.45
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Figma (FIG) at 0.07 keeps leverage in the lower industry quartile, while AppLovin (APP) at 1.07 runs a more typical debt-to-equity mix.
APP
Software & Services industry group
1.07
- Max
- 2.52
- Q3
- 1.13
- APP
- 1.07
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
FIG
Software & Services industry group
0.07
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- Q1
- 0.07
- FIG
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | APP | FIG |
|---|---|---|
| Current Ratio (MRQ) | 3.81 | 2.45 |
| Debt / Equity (MRQ) | 1.07 | 0.07 |
| Net Debt / EBITDA | 0.06 | -- |
Dividends
Dividend Yield (TTM)
Neither AppLovin (APP) nor Figma (FIG) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
APP
Software & Services industry group
0.00%
- APP
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
FIG
Software & Services industry group
0.00%
- FIG
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither AppLovin (APP) nor Figma (FIG) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
APP
Software & Services industry group
0.00%
- APP
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
FIG
Software & Services industry group
0.00%
- FIG
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | APP | FIG |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: AppLovin (APP) trades at 26.34 times trailing earnings, ranked against its peers, while Figma (FIG) has no P/E ratio this period.
APP
Software & Services industry group
26.34
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- APP
- 26.34
- Q1
- 18.77
- Min
- 6.69
FIG
Software & Services industry group
--
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
- FIG
- --
P/S Ratio (TTM)
Figma (FIG) at 7.20 is priced about in line with its industry on P/S ratio, while AppLovin (APP) at 17.04 sits in the pricier quartile — APP costs more per dollar of sales.
APP
Software & Services industry group
17.04
- Max
- 17.91
- APP
- 17.04
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
FIG
Software & Services industry group
7.20
- Max
- 17.91
- Q3
- 8.78
- FIG
- 7.20
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Figma (FIG) at 6.52 sits near its industry’s typical P/B ratio, while AppLovin (APP) at 39.29 prices above its benchmark range — APP looks rich relative to book.
APP
Software & Services industry group
39.29
- APP
- 39.29
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
FIG
Software & Services industry group
6.52
- Max
- 16.63
- Q3
- 8.50
- FIG
- 6.52
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | APP | FIG |
|---|---|---|
| P/E Ratio (TTM) | 26.34 | -- |
| P/S Ratio (TTM) | 17.04 | 7.20 |
| P/B Ratio (MRQ) | 39.29 | 6.52 |
| Free Cash Flow Yield (TTM) | 2.87% | 4.83% |