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FIG

NYSE
Weak · 29/100

Figma Inc

Information Technology
Technology

$21.44

0.5%

Updated Today 12:11 PM ET

Report Card

FIG at a glance — five pillars scored 0–100 from real filed financials.

Value
Growth
Profitability
0
Health
0
Dividends
0

Overall: Weak · 29/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.

Price — Past Year

▼ Down 81.5% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$11.28B

P/E

Forward P/E (est.)

ROE

-99.4%

Revenue Growth

EPS Growth

Profit Margin

-123.8%

FCF Yield

Debt / Equity

0x

ROIC

-70.0%

Interest Coverage

Current Ratio

2.5x

Dividend Yield

Implied Growth (rev. DCF)

6.7%

Rating Score

29/100

Business Overview
Research

Figma Inc (FIG) is a large-cap company in the Technology industry, part of the Information Technology sector of the S&P 500, with a market value around $11.28B.

In its latest reported year it generated about $1.06B in revenue and posted a net loss of $1.25B.

Our model rates FIG Weak (29/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what FIG's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. FIG trades near $21.44, around its 50-day average ($20.28) and 200-day average ($32.15). Price tangled in its moving averages means there is no clear trend — the stock is ranging.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 64 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. FIG's is $1.44 (~6.7% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month FIG found buyers near $16.80 (support) and sellers near $22.66 (resistance); its 52-week range is $16.60–$142.92. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 0.4× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Revenue Growth
Research

2Y CAGR

44.6%

Revenue moved from $504.87M in 2023 to $1.06B in 2025, a 44.6% compound annual growth rate. The most recent year was roughly steady year over year. Slower, mature growth is common for established businesses.

Profitability
Research
0/4 checks passedProfitableNet margin above sector midpointROE above 12%ROIC above 10%

Gross Margin

82.4%

Operating Margin

-122.2%

Net Margin

-118.4%

ROE

-99.4%

Figma Inc keeps about -123.8% of each sales dollar as net profit, with a 82.4% gross margin and -122.2% operating margin. Return on equity is -99.4% and return on invested capital about -70.0%. The company is currently unprofitable on a net basis.

Debt Analysis
Research
3/3 checks passedDebt under 1× equityDebt under 2× equityShort-term bills covered

Total Debt

Net Debt

Net Debt / EBITDA

Debt / Equity

0x

Leverage: debt-to-equity is 0.0x, with a current ratio of 2.5x. That is a conservative balance sheet — a cushion in downturns.

Cash Flow Analysis
Research
1/1 checks passedMarket expects achievable growth (<8%)

Operating CF

$250.68M

Free Cash Flow

$246.24M

FCF Margin

23.3%

In the latest year Figma Inc produced about $250.68M of operating cash flow and $246.24M of free cash flow after capital spending. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.

Valuation Analysis
Research
0/1 checks passedTrading below DCF fair value

P/E

P/S

10.68x

P/B

12.26x

EV / EBITDA

FIG trades at n/a trailing earnings, 10.7x sales, and 12.3x book value. Reverse-engineering today's price implies the market expects roughly 6.7% long-term free-cash-flow growth. With no positive trailing earnings, value it on sales, cash flow, or growth rather than P/E.

DCF Fair Value (Educational)

A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.

DCF fair value / share

Current price

$21.44

-63% · Above fair-value estimate

Starting FCF (latest 10-K)

$246.24M

Growth, years 1–5

4.0%

Fade to terminal, years 6–10

2.5%

Discount rate

9.0%

PV of 10-yr free cash flow$1.90B
PV of terminal value$2.32B
Estimated equity value$4.23B

Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.

Metrics vs. Sector Range

Where FIG sits versus its Information Technology sector peers in the S&P 500.

TTM P/E
Forward P/E
P/S ratio
10.7xFair
Revenue growth
EPS growth
Gross margin
82.4%Strong
Net margin
-123.8%Weak
ROE
-99.4%Weak

Bands show the middle half (25th–75th percentile) of the 57 Information Technology companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.

Sector Peer Comparison

How FIG stacks up against its Information Technology peers — valuation, profitability, and growth versus the sector median.

In the Information Technology sector (137 S&P 500 companies), FIG ranks #56 of 137 by our overall rating.

P/E vs sector

median 44.5x

ROE vs sector

-99.4%

median 21.1%

Growth vs sector

median 18.1%

Sector rank

#56

of 137 by rating

CompanyP/ERev Gr.Rating
FIGThis stockWeak· 29
GWRE70x24.9%Neutral· 52
DT80.2x18.8%Weak· 38
DOCN57.3x17.6%Neutral· 47
GIB11.7x7.9%Neutral· 54
CRCL51.5%Neutral· 50
IONQ56x334.6%Favorable· 66
IOT29.6%Neutral· 48
Information Technology median44.5x18.1%0/100

Valuation vs. quality map

sector medianGWREDTDOCNGIBIONQP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Information Technology companies by sub-industry and size. Sector median is across all 137 S&P 500 names in the sector. Educational, not a recommendation.

Bull Case

The case for FIG:

  • A conservative balance sheet (debt/equity 0.0x) lowers risk.
  • As an established S&P 500 member in Information Technology, it brings scale and a long operating history.
Bear Case

The case against FIG:

  • Thin net margins (-123.8%) leave little room for error.
  • Our model's overall read is Weak (29/100).
Key Risks
Research

Margin risk — thin profitability (-123.8%) is vulnerable to cost or pricing pressure.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen weakly: Figma Inc is a large-cap information technology business growing at a mature pace, with modest profitability, and a sound balance sheet. It trades at n/a earnings, which our model scores Weak (29/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

FIG — frequently asked questions

Is FIG a good stock to buy?

We don't give buy or sell advice. Our model rates Figma Inc Weak (29/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.

What is FIG's rating on The Stocks School?

Figma Inc currently scores 29/100 (Weak) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.

How our ratings work
Where does FIG's data come from?

Live price data plus real fundamentals and 5-year financials pulled directly from Figma Inc's SEC filings — refreshed automatically, not hand-entered.

How is the 5-year projection for FIG calculated?

It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.

Is this FIG analysis financial advice?

No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell FIG. Always do your own research and consider a licensed professional.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.