Added to YB: 2026-02-23
Pitch date: 2026-02-19
FIG [neutral]
Figma, Inc.
-25.15%
current return
Author Info
No bio for this author
Company Info
Figma, Inc. develops a browser-based tool for designing user interfaces that helps design and development teams build various products.
Market Cap
$10.6B
Pitch Price
$25.49
Price Target
28.00 (+39%)
Dividend
N/A
EV/EBITDA
-8.96
P/E
-6.05
EV/Sales
9.38
Sector
Software
Category
growth
Figma $FIG Q4 2025 Financial Results
FIG (earnings): Q4 rev $303.8M, 40% YOY growth on $1B+ base while SaaS peers slow. 136% NDR, 67 customers >$1M ARR. FY26 guide $1.37B rev (+30%) but op margin compresses to 8% (from 12%) due to AI/GTM invest. Rule of 53 (40% growth+13% FCF). 7.5x EV/Sales vs peers at 12-18x. AI products (Make, Claude integration) drive adoption beyond designers to eng/PM. Risk: AI could bypass design layer entirely.
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