FIG vs. FTNT: Figma vs. Fortinet Stock Comparison
How do Figma (FIG) and Fortinet (FTNT) 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
Figma (FIG) and Fortinet (FTNT) both belong to the Software industry, though FIG is classified under Application Software while FTNT falls under Systems Software.
Fortinet (FTNT) has been public since November 18, 2009, giving it a longer listed trading history, while Figma (FIG) listed on July 31, 2025 and still has a shorter public-market record.
| Profile Item | FIG | FTNT |
|---|---|---|
| Name | Figma Inc. Class A Common Stock | Fortinet, Inc. |
| 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 | Systems Software |
| Market Capitalization | 10.08 billion USD | 87.31 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | July 31, 2025 | November 18, 2009 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FIG | FTNT |
|---|---|---|
| Total Return (1Y) | -55.54% | 49.91% |
| Total Return (3Y, Annualized) | -- | 35.15% |
| Total Return (5Y, Annualized) | -- | 11.92% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FIG | FTNT |
|---|---|---|
| Volatility (1Y, Annualized) | 76.91% | 49.03% |
| Beta (5Y) | 0.99 | 1.07 |
| Max Drawdown (5Y) | -86.20% | -38.98% |
| Avg. Volume (3M) | 13.00M | 4.68M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FIG | FTNT |
|---|---|---|
| Sharpe Ratio (1Y) | -0.78 | 0.93 |
| Sortino Ratio (1Y) | -1.11 | 1.37 |
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 Fortinet (FTNT) reports 153.08%, ranking against industry peers normally.
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%
FTNT
Software & Services industry group
153.08%
- FTNT
- 153.08%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- 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 Fortinet (FTNT) reports 28.96%, ranking against industry peers normally.
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%
FTNT
Software & Services industry group
28.96%
- Max
- 41.17%
- FTNT
- 28.96%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
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 Fortinet (FTNT) reports 33.82%, ranking against industry peers normally.
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%
FTNT
Software & Services industry group
33.82%
- Max
- 46.89%
- FTNT
- 33.82%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | FIG | FTNT |
|---|---|---|
| ROE (TTM) | -38.36% | 153.08% |
| ROA (TTM) | -15.53% | 15.22% |
| Net Margin (TTM) | -40.21% | 28.96% |
| Operating Margin (TTM) | -30.45% | 33.82% |
| Gross Margin (TTM) | 81.38% | 79.75% |
Growth
Revenue Growth
Figma (FIG) at 40.96% sits in the top revenue growth quartile, while Fortinet (FTNT) at 14.17% is closer to the peer norm — faster top-line expansion for FIG.
EPS Growth
Only one side can be read here: Fortinet (FTNT) reports EPS growth of 7.08%, ranked against its industry; Figma (FIG) has no EPS growth figure this period.
Growth Metrics
| Metric | FIG | FTNT |
|---|---|---|
| Revenue Growth (YoY) | 40.96% | 14.17% |
| Revenue Growth (3Y CAGR) | -- | 15.46% |
| EPS Growth (YoY) | -- | 7.08% |
| EPS Growth (3Y CAGR) | -- | 31.68% |
Financial Strength
Current Ratio (MRQ)
Both Figma (FIG) at 2.45 and Fortinet (FTNT) at 1.40 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
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
FTNT
Software & Services industry group
1.40
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- FTNT
- 1.40
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Figma (FIG) at 0.07 keeps leverage in the lower industry quartile, while Fortinet (FTNT) at 0.25 runs a more typical debt-to-equity mix.
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
FTNT
Software & Services industry group
0.25
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- FTNT
- 0.25
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | FIG | FTNT |
|---|---|---|
| Current Ratio (MRQ) | 2.45 | 1.40 |
| Debt / Equity (MRQ) | 0.07 | 0.25 |
| Net Debt / EBITDA | -- | -1.54 |
Dividends
Dividend Yield (TTM)
Neither Figma (FIG) nor Fortinet (FTNT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
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%
FTNT
Software & Services industry group
0.00%
- FTNT
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Figma (FIG) nor Fortinet (FTNT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
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%
FTNT
Software & Services industry group
0.00%
- FTNT
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FIG | FTNT |
|---|---|---|
| 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: Fortinet (FTNT) trades at 38.84 times trailing earnings, ranked against its peers, while Figma (FIG) has no P/E ratio this period.
FIG
Software & Services industry group
--
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
- FIG
- --
FTNT
Software & Services industry group
38.84
- Max
- 112.94
- Q3
- 60.32
- FTNT
- 38.84
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
P/S Ratio (TTM)
Figma (FIG) at 7.20 is priced about in line with its industry on P/S ratio, while Fortinet (FTNT) at 11.08 sits in the pricier quartile — FTNT costs more per dollar of sales.
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
FTNT
Software & Services industry group
11.08
- Max
- 17.91
- FTNT
- 11.08
- Q3
- 8.78
- 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 Fortinet (FTNT) at 38.85 prices above its benchmark range — FTNT looks rich relative to book.
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
FTNT
Software & Services industry group
38.85
- FTNT
- 38.85
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | FIG | FTNT |
|---|---|---|
| P/E Ratio (TTM) | -- | 38.84 |
| P/S Ratio (TTM) | 7.20 | 11.08 |
| P/B Ratio (MRQ) | 6.52 | 38.85 |
| Free Cash Flow Yield (TTM) | 4.83% | 2.85% |