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Figma Valuation Multiples

Discover revenue and EBITDA valuation multiples for Figma and similar public comparables like Nemetschek, Mensch und Maschine, and HYBRID Software Group.

Figma Overview

About Figma

Figma Inc focuses on the entire lifecycle of software creation reflects its ability to rapidly bring new products onto Figma’s browser-based platform and its belief that design spans far beyond a single step or role. It has been fortunate to play a part in, and benefit from, the growing global movement to elevate design and the craft of building software. The Company derives its revenue from sales of subscriptions for access to its platform.


Founded

2012

HQ

United States of America
Employees

1.6K+

Website

figma.com

Financials

Last FY Revenue $749M

Last FY EBITDA -$870M

EV

$37.6B

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Figma Financials

In the most recent fiscal year, Figma achieved revenue of $749M and an EBITDA of -$870M.

Figma expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

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Figma P&L

NTM Last FY FY 2025 FY 2026 FY 2027
Revenue XXX $749M XXX XXX XXX
Gross Profit XXX $661M XXX XXX XXX
Gross Margin XXX 88% XXX XXX XXX
EBITDA XXX -$870M XXX XXX XXX
EBITDA Margin XXX -116% XXX XXX XXX
EBIT XXX -$877M XXX XXX XXX
EBIT Margin XXX -117% XXX XXX XXX
Net Profit XXX -$732M XXX XXX XXX
Net Margin XXX -98% XXX XXX XXX
Net Debt XXX n/a XXX XXX XXX

Financial data powered by Morningstar, Inc.

Figma Stock Performance

As of August 18, 2025, Figma's stock price is $79.

Figma has current market cap of $38.7B, and EV of $37.6B.

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Figma Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$37.6B $38.7B XXX XXX XXX XXX n/a

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Figma Valuation Multiples

As of August 18, 2025, Figma has market cap of $38.7B and EV of $37.6B.

Figma's trades at 50.2x EV/Revenue multiple, and -43.2x EV/EBITDA.

Equity research analysts estimate Figma's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

Figma's P/E ratio is not available.

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Figma Financial Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Market cap (current) $38.7B XXX $38.7B XXX XXX XXX
EV (current) $37.6B XXX $37.6B XXX XXX XXX
EV/Revenue n/a XXX 50.2x XXX XXX XXX
EV/EBITDA n/a XXX -43.2x XXX XXX XXX
EV/EBIT n/a XXX -42.8x XXX XXX XXX
EV/Gross Profit n/a XXX n/a XXX XXX XXX
P/E n/a XXX -52.9x XXX XXX XXX
EV/FCF n/a XXX -543.4x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

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Figma Margins & Growth Rates

Figma's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.9M for the same period.

Figma's rule of 40 is unknown (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Figma's rule of X is unknown (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

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Figma Operational Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue Growth n/a XXX 38% XXX XXX XXX
EBITDA Margin n/a XXX -116% XXX XXX XXX
EBITDA Growth n/a XXX n/a XXX XXX XXX
Rule of 40 n/a XXX n/a XXX XXX XXX
Bessemer Rule of X XXX XXX n/a XXX XXX XXX
Revenue per Employee XXX XXX $0.5M XXX XXX XXX
Opex per Employee XXX XXX $0.9M XXX XXX XXX
S&M Expenses to Revenue XXX XXX 63% XXX XXX XXX
G&A Expenses to Revenue XXX XXX n/a XXX XXX XXX
R&D Expenses to Revenue XXX XXX 100% XXX XXX XXX
Opex to Revenue XXX XXX 205% XXX XXX XXX

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Figma Public Comps

See public comps and valuation multiples for Design & Engineering Software comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
Aerometrex XXX XXX XXX XXX XXX XXX
Genesys International XXX XXX XXX XXX XXX XXX
HYBRID Software Group XXX XXX XXX XXX XXX XXX
Mensch und Maschine XXX XXX XXX XXX XXX XXX
Nemetschek XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX

Valuation data powered by FactSet, Inc.

Figma M&A and Investment Activity

Figma acquired  XXX companies to date.

Last acquisition by Figma was  XXXXXXXX, XXXXX XXXXX XXXXXX . Figma acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

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Latest Acquisitions by Figma

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

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About Figma

When was Figma founded? Figma was founded in 2012.
Where is Figma headquartered? Figma is headquartered in United States of America.
How many employees does Figma have? As of today, Figma has 1.6K+ employees.
Who is the CEO of Figma? Figma's CEO is Mr. Dylan Field.
Is Figma publicy listed? Yes, Figma is a public company listed on NYS.
What is the stock symbol of Figma? Figma trades under FIG ticker.
When did Figma go public? Figma went public in 2025.
Who are competitors of Figma? Similar companies to Figma include e.g. Aerometrex, Genesys International, HYBRID Software Group, Mensch und Maschine.
What is the current market cap of Figma? Figma's current market cap is $38.7B
Is Figma profitable? Yes, Figma is EBITDA-positive (as of the last 12 months).

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