Figma statistics today sit on three primary-source numbers released after the company’s July 2025 NYSE debut: Figma reported $1.056 billion in fiscal year 2025 revenue, a 41% year-over-year increase, with fourth-quarter revenue of $303.8 million growing 40% year-over-year per its February 18, 2026, earnings release. The company priced its initial public offering at $33.00 per share on July 30, 2025, with 36,937,080 shares of Class A common stock listed on the New York Stock Exchange under the ticker FIG and trading beginning July 31, 2025. The figures below cover revenue, customer concentration, NDR, AI product traction, and 2026 guidance.
Key Takeaways
- Figma reported $1.056 billion in FY2025 revenue, a 41% year-over-year increase in its February 18, 2026, release.
- Fourth-quarter 2025 revenue reached $303.8 million, up 40% year-over-year, above the company’s own guidance range.
- The Net Dollar Retention Rate climbed to 136% as of December 31, 2025, up from the 132% disclosed earlier in 2025.
- Figma closed 2025 with 67 paid customers spending more than $1,000,000 in ARR, 1,405 spending more than $100,000 in ARR, and 13,861 spending more than $10,000 in ARR.
- The IPO debut on July 31, 2025, saw $33 priced shares open at $85 and close day one at $115.50, a roughly 250% pop that valued Figma at nearly $68 billion on a fully diluted basis per Fortune.
- Figma’s S-1 disclosed 13 million monthly active users as of March 2025 and 95% of Fortune 500 companies as users.
- AI workflows now have real adoption: Figma Make weekly active users grew over 70% quarter-over-quarter in Q4 2025, with over half of $100,000+ ARR customers building in Make on a weekly basis.
Editor’s Choice
- $1.056 billion FY2025 revenue (Figma IR, February 18, 2026).
- $303.8 million Q4 2025 revenue (+40% YoY).
- 136% Net Dollar Retention Rate as of December 31, 2025.
- 13 million monthly active users (Figma S-1, March 2025).
- 95% of Fortune 500 companies use Figma (S-1 disclosure).
- $1.7 billion in cash, cash equivalents, and marketable securities at year-end 2025.
- $1.366 billion to $1.374 billion FY2026 revenue guidance, implying 30% growth at the midpoint.
Recent Developments
- February 18, 2026: Figma reported Q4 2025 revenue of $303.8 million (+40% YoY) and FY2025 revenue of $1.056 billion (+41% YoY), with non-GAAP operating income of $129.5 million for the year.
- February 18, 2026: Figma issued FY2026 guidance of $1.366 billion to $1.374 billion in revenue, implying 30% year-over-year growth at the midpoint, and $100.0 million to $110.0 million in non-GAAP operating income.
- Q4 2025: Weekly active users of Figma Make grew over 70% quarter-over-quarter, with over half of paid customers with more than $100,000 in ARR building in Figma Make on a weekly basis per the company’s product disclosures.
- Q4 2025: Figma partnered with Anthropic to launch the Figma MCP app in Claude and expanded the Figma app in ChatGPT to support FigJam diagrams, Figma Buzz marketing artifacts, and Figma Slides presentations.
- Q4 2025: Figma opened an office in Bengaluru and announced local data hosting and governance support for enterprise customers in India, which the company described as its second-largest market by monthly active users.
- Q4 2025: Figma acquired Weavy, now rebranded as Figma Weave, bringing leading AI models alongside professional editing tools onto a single browser-based canvas.
Figma’s Public-Company Financial Snapshot
- The audited fiscal year ended December 31, 2025, produced $1.056 billion in revenue, up 41% year-over-year per the company’s earnings release.
- Q4 2025 revenue of $303.8 million beat the company’s own guidance range, with growth accelerating to 40% year-over-year.
- International revenue showed even stronger momentum at 45% year-over-year growth for the full year.
- Cash and marketable securities ended the year at $1.7 billion as of December 31, 2025.
- Operating cash flow reached $250.7 million for the full year, a 24% operating cash flow margin.
- Adjusted Free Cash Flow was $242.7 million, a 23% Adjusted Free Cash Flow Margin.
| Figma FY2025 Headline Metric | Value | Window |
|---|---|---|
| Revenue | $1.056 billion | FY2025, +41% YoY |
| Q4 revenue | $303.8 million | Q4 2025, +40% YoY |
| International revenue growth | 45% | FY2025 YoY |
| Non-GAAP operating income | $129.5 million | FY2025 |
| Non-GAAP operating margin | 12% | FY2025 |
| Operating cash flow | $250.7 million | FY2025 |
| Operating cash flow margin | 24% | FY2025 |
| Adjusted Free Cash Flow | $242.7 million | FY2025 |
| Cash + marketable securities | $1.7 billion | Dec 31, 2025 |
Source: Figma, Inc. Q4 2025 + FY2025 financial results press release.
These figures became reportable only after the mid-2025 NYSE listing; before then, the company’s numbers circulated as investor-deck estimates.
The Figma IPO: Pricing, Trading Debut, and Market Cap
- Figma publicly filed its S-1 registration statement on July 1, 2025, applying to list its Class A common stock on the New York Stock Exchange under the symbol “FIG”.
- The offering was priced on July 30, 2025, at $33.00 per share, with 36,937,080 shares of Class A common stock in the base deal.
- Of those shares, 12,472,657 were offered by Figma directly, and 24,464,423 were offered by certain existing stockholders, with underwriters granted a 30-day option to purchase up to an additional 5,540,561 shares to cover over-allotments.
- The shares began trading on July 31, 2025, on the New York Stock Exchange under the ticker symbol “FIG”, with the offering expected to close on August 1, 2025.
- On the first trading day, Figma stock opened at $85, well above the $33 IPO price, and closed the day at $115.50, a roughly 250% pop per Fortune’s coverage.
- The day-one close valued Figma at nearly $68 billion on a fully diluted basis, with the offering raising approximately $1.2 billion.
- The underwriting syndicate was anchored by Morgan Stanley, Goldman Sachs & Co. LLC, Allen & Company LLC, and J.P. Morgan as joint lead book-running managers.
By the numbers: Figma priced 36,937,080 shares at $33.00 on July 30, 2025, opened at $85 on July 31, and closed the first session at $115.50, raising approximately $1.2 billion and reaching a fully diluted market capitalization of nearly $68 billion. The 250% pop re-priced the company at roughly 3.5 times its IPO valuation.
| Figma IPO Metric | Value | Date |
|---|---|---|
| S-1 publicly filed | July 1, 2025 | filing date |
| Offering price | $33.00 per share | priced July 30, 2025 |
| Shares offered (base) | 36,937,080 | Class A common stock |
| Greenshoe option | 5,540,561 additional shares | 30-day over-allotment |
| First-day open | $85 | July 31, 2025 |
| First-day close | $115.50 | July 31, 2025 |
| First-day pop | ~250% | vs $33 IPO price |
| Capital raised | ~$1.2 billion | from base IPO |
| Day-one market cap (fully diluted) | ~$68 billion | July 31, 2025 |
| Listing venue | NYSE | ticker FIG |
Source: Figma IPO pricing press release, Fortune debut-day coverage.
Is Figma a public company?
Figma became a public company on July 31, 2025, when its Class A common stock began trading on the New York Stock Exchange under the ticker FIG, after pricing 36,937,080 shares at $33.00 per share the prior day. It now files quarterly and annual reports with the SEC, replacing the private-company estimate cycle most aggregator pages had relied on through 2024.
Figma Revenue Growth and 2026 Guidance
- Figma reported $1.056 billion in FY2025 revenue, up 41% from the prior year.
- The S-1 disclosed revenue of $749 million in fiscal year 2024, up 48% from $504 million in 2023.
- Q1 2025 revenue reported in the S-1 was $228 million, up 46% year-over-year.
- Q4 2025 revenue accelerated to $303.8 million, growing 40% year-over-year and exceeding the company’s prior guidance.
- For Q1 2026, Figma guided to revenue between $315.0 million and $317.0 million, implying 38% year-over-year growth at the midpoint.
- For full-year 2026, Figma guided to revenue between $1.366 billion and $1.374 billion, implying 30% year-over-year growth at the midpoint.
- For FY2026, Figma is also guided to $100.0 million to $110.0 million in non-GAAP operating income.
How much revenue did Figma make?
Figma generated $1.056 billion in fiscal year 2025 revenue, a 41% year-over-year increase, with Q4 alone contributing $303.8 million at a 40% growth rate. That puts the company at roughly $1.2 billion in run-rate revenue heading into 2026, against company-issued FY2026 guidance of $1.366 billion to $1.374 billion.
Figma Customer Concentration: The $1,000,000, $100,000 and $10,000 ARR Tiers
- Figma closed 2025 with 67 paid customers with more than $1,000,000 in ARR as of December 31, 2025.
- The mid-tier customer base reached 1,405 paid customers with more than $100,000 in ARR as of December 31, 2025.
- The broad-tier paying base reached 13,861 paid customers with more than $10,000 in ARR at year-end.
- The S-1 disclosed revenue of $749 million in fiscal year 2024, up 48% from $504 million in 2023, with the FY2024 net dollar retention rate disclosed alongside the FY2023 figure of 122%.
- The Net Dollar Retention Rate ended 2025 at 136% as of December 31, 2025, a meaningful step up from the 134% disclosed in the S-1.
How much do businesses spend on Figma?
Businesses spend across a wide range: 67 paid customers contributed more than $1,000,000 in ARR each at year-end 2025, 1,405 customers paid more than $100,000 in ARR, and 13,861 customers paid more than $10,000 in ARR. The remaining hundreds of thousands of seats fall under the $10,000 ARR threshold and are not separately disclosed, though the 136% Net Dollar Retention Rate signals strong expansion within accounts already in the funnel.
Figma Monthly Active Users and the User Base
- The S-1 disclosed 13 million monthly active users as of March 2025.
- The same filing reported over 10 million individual users on the platform.
- 95% of the Fortune 500 use Figma per the S-1’s adoption disclosures.
- India is Figma’s second-largest market by monthly active users, per the company’s Q4 2025 update.
- Active users now span beyond design teams: per the Q4 release, over 80% of Figma Make’s weekly active users on Full seats also used Figma Design in the three months ended December 31, 2025.
- The platform’s reach has been amplified by search interest worldwide, with Google searches for “Figma” tracking among the highest-volume software brand queries throughout 2025.
| User Metric | Value | Window | Source |
|---|---|---|---|
| Monthly active users | 13 million | March 2025 | Figma S-1 |
| Individual users | over 10 million | per S-1 | Figma S-1 |
| Fortune 500 penetration | 95% | per S-1 | Figma S-1 |
| Second-largest MAU market | India | Q4 2025 | Figma IR |
| Make Full-seat WAU also using Figma Design | over 80% | Q4 2025 | Figma IR |
Source: Figma S-1, Figma Q4 2025 + FY2025 results release.
How many users does Figma have?
Figma disclosed 13 million monthly active users and over 10 million individual users on the platform in its S-1 filed July 1, 2025, with usage reported as of March 2025. The company has not updated the MAU figure in its post-IPO quarterly disclosures, which focus on paid-customer tiers and revenue metrics, so March 2025 remains the most recent official MAU snapshot.
Figma Market Share in Design Tools
- 6sense’s technographic detection in the collaborative design and prototyping category places Figma at approximately 40.65% market share, Adobe XD at approximately 13.5%, and InVision at approximately 7.6% as of mid-2026.
- Methodology gap: 6sense detects design-tool usage via tracked company-website signals, not via direct user-counts at the design tools themselves; numbers vary across measurement methodologies.
- The Q4 2025 release described platform-led adoption across the customer base, with Q4 being the company’s best quarter for net new revenue on record, as platform-led adoption across enterprise and international customers powered durable growth at scale, per CFO Praveer Melwani.
- Figma’s product line now spans Figma Make, Make Connectors integrating Atlassian, GitHub, Notion, and Linear, and three new AI image-editing tools launched alongside the Weavy acquisition (now Figma Weave), widening the surface where it competes against general-purpose creative tools.
What is Figma’s market share in design tools?
Figma holds approximately 40.65% of the collaborative design and prototyping category per 6sense, with Adobe XD at approximately 13.5% and InVision at approximately 7.6%. Other design-tool surveys that sample professional UI designers directly report higher Figma shares because they measure primary-tool selection rather than detected installation footprint.
Industry Adoption: Fortune 500 and Enterprise Footprint
- The S-1 disclosed 95% of Fortune 500 companies as Figma users.
- Major adopters historically include Microsoft, Airbnb, GitHub, Zoom, and Uber, all of which were among the earliest enterprise users of the collaborative design canvas.
- The Q4 2025 customer pyramid shows 67 customers paying more than $1,000,000 in ARR and 1,405 paying more than $100,000 in ARR at year-end.
- The Net Dollar Retention Rate of 136% as of December 31, 2025, signals continued seat expansion within the existing enterprise base.
- Per the S-1, Figma’s enterprise adoption reaches across a wide range of industries, with 95% of Fortune 500 companies on the platform.
- International revenue’s 45% year-over-year growth in FY2025 outpaced the overall 41% growth rate, pointing to faster traction outside the U.S.
Who uses Figma?
Figma’s S-1 disclosed that 95% of the Fortune 500 use Figma, alongside 13 million monthly active users and over 10 million individual users on the platform as of March 2025. Across roles, designers remain the primary seats, joined by developers, product managers, researchers, and marketers since Dev Mode and FigJam expanded the platform beyond pure design work.
Figma’s AI Product Traction
- Figma Make’s weekly active users grew over 70% quarter-over-quarter in Q4 2025.
- Over half of paid customers with more than $100,000 in ARR built in Figma Make on a weekly basis in the three months ended December 31, 2025.
- Cross-product adoption: over 80% of Figma Make’s weekly active users on Full seats also used Figma Design in the same three-month window.
- Figma expanded the functionality and availability of Figma Make to support experimental models Gemini 3 Pro and Claude Opus 4.6.
- Figma introduced Make Connectors that allow users to pull in data from external tools like Atlassian, GitHub, Notion, and Linear as context for their apps or prototypes.
- A new Claude Code to Figma feature allows users to bring user interfaces generated in Claude Code directly into Figma’s infinite canvas as editable layers.
- Figma launched three new AI image editing tools for precision editing directly in the Figma canvas and acquired Weavy, now Figma Weave, which brings leading AI models together with professional editing tools on a single browser-based canvas.
Key finding: Per the Q4 2025 release, Figma Make weekly active users grew over 70% quarter-over-quarter, with over half of $100,000+ ARR customers building in Figma Make weekly and over 80% of Figma Make weekly active users on Full seats also using Figma Design. Those overlap figures move AI adoption out of vendor talking points and into reported product analytics that investors can model.
| Figma AI Product Metric (Q4 2025) | Value |
|---|---|
| Figma Make weekly active users growth | over 70% QoQ |
| Share of $100,000+ ARR customers building in Make weekly | over half |
| Share of Make Full-seat WAU also using Figma Design | over 80% |
| Models supported in Figma Make | Gemini 3 Pro, Claude Opus 4.6 (experimental) |
| Make Connectors | Atlassian, GitHub, Notion, Linear |
| New AI canvas tools | 3 image-editing tools |
| Acquisition | Weavy (now Figma Weave) |
Source: Figma Q4 2025 + FY2025 results release, product highlights section.
AI Partnerships and Platform Integrations
- Figma partnered with Anthropic to launch the Figma MCP app in Claude.
- Figma expanded the Figma app in ChatGPT to support the generation of FigJam diagrams, Figma Buzz marketing artifacts, and Figma Slides presentations.
- Figma’s product portfolio in 2025 included Figma Make, Figma Buzz, and Figma Slides as products surfaced in the Q4 2025 release, with Figma Design referenced in the cross-product weekly active user overlap.
- Acquired Weavy and integrated it as Figma Weave, bringing leading AI models together with professional editing tools on a single, browser-based canvas.
- The Claude Code to Figma flow allows users to manipulate, duplicate, iterate, and refine AI-generated user interfaces with their team on the Figma canvas.
Three of the largest AI labs now ship integrations into Figma’s surface, widening the design-to-app path from prompt to editable canvas. The same shift shows up in adjacent AI agents statistics where agentic tools increasingly compose with canvas-first design surfaces.
| AI Partnership / Integration | Capability |
|---|---|
| Anthropic. Figma MCP app in Claude | MCP integration in the Claude app |
| OpenAI. Figma app in ChatGPT | FigJam, Buzz, Slides generation |
| Google. Gemini 3 Pro (in Make) | experimental model support |
| Anthropic. Claude Opus 4.6 (in Make) | experimental model support |
| Make Connectors | Atlassian, GitHub, Notion, Linear |
| Figma Weave (Weavy acquisition) | AI image editing on canvas |
Source: Figma Q4 2025 + FY2025 results release.
Geographic Distribution and the India Expansion
- The U.S. remains Figma’s largest market and the location of its corporate headquarters at 760 Market Street, Floor 10, San Francisco, California 94102, per the S-1.
- Figma described India as its second-largest market by monthly active users in the Q4 2025 release.
- The company opened an office in Bengaluru and announced local data hosting and governance support for enterprise customers to further invest in India during Q4 2025.
- International revenue for FY2025 grew 45% year-over-year, outpacing the company’s total 41% revenue growth.
| Geographic Metric | Value |
|---|---|
| Headquarters | San Francisco, California, U.S. |
| Largest market by MAU | United States |
| Second-largest market by MAU | India |
| FY2025 international revenue growth | 45% YoY |
| FY2025 total revenue growth | 41% YoY |
| New office | Bengaluru, India (Q4 2025) |
| Local data hosting | enterprise in India (announced Q4 2025) |
Source: Figma Q4 2025 + FY2025 results release, Figma S-1.
Pricing, Product Tiers, and the Product Launches
- Figma’s product portfolio in 2025 expanded to include Figma Make, Figma Buzz, and Figma Slides as products surfaced in the Q4 2025 release, with cross-product usage tracked against Figma Design via weekly active user overlap.
- The S-1 disclosed Figma’s enterprise penetration at 95% of the Fortune 500 as users of the platform.
- The Q4 release detailed Figma Make’s expansion to support experimental models Gemini 3 Pro and Claude Opus 4.6.
- Make Connectors brought data integration with Atlassian, GitHub, Notion, and Linear into the prototyping workflow.
- The S-1 captured Figma’s paying customer base alongside its 13 million monthly active users as of March 2025 and over 10 million individual users on the platform.
- The browser-native delivery model was extended in Q4 2025 when Figma acquired Weavy (now Figma Weave), bringing leading AI models alongside professional editing tools on a single browser-based canvas.
Pricing tiers remain anchored to professional, organization, and enterprise plans rather than per-product purchasing.
| 2025 Figma Product | Surface |
|---|---|
| Figma Design | core UI / UX design canvas |
| Dev Mode | design-to-development handoff |
| FigJam | online whiteboard / diagramming |
| Figma Slides | presentation maker |
| Figma Make | AI app + prototype builder |
| Figma Buzz | marketing asset generation |
| Figma Weave (Weavy) | AI image editing on canvas |
Source: Figma Q4 2025 + FY2025 results release, Figma S-1.
Operating Margin Reality: GAAP vs Non-GAAP After the IPO Comp Charge
- GAAP loss from operations was $(1.3) billion for FY2025, a GAAP operating margin of (122)%.
- The company explicitly disclosed that GAAP loss from operations, net loss, and net loss per share were impacted by a one-time stock-based compensation expense of $975.7 million, which Figma recognized in the third quarter as a result of its initial public offering.
- Non-GAAP operating income was $129.5 million for FY2025, a non-GAAP operating margin of 12%.
- Q4 2025 non-GAAP operating income was $44.0 million on a non-GAAP operating margin of 14%.
- Q4 2025 GAAP loss from operations was $(195.5) million, a GAAP operating margin of (64)%.
- Net cash from operating activities reached $250.7 million for FY2025, a 24% operating cash flow margin.
Why it matters: Per the company’s Q4 2025 release, Figma’s $(1.3) billion FY2025 GAAP operating loss was driven by a one-time $975.7 million stock-based compensation expense recognized in Q3 2025 as a result of the IPO. Stripping that single charge brings the FY2025 non-GAAP operating income of $129.5 million into view, a 12% non-GAAP operating margin, which is closer to the underlying earning profile readers see in subsequent quarters.
Figma Employee Count and Workforce
- Figma’s S-1 reported employee counts in a band the company described as supporting rapid product expansion across engineering, product, marketing, sales, and customer success.
- The S-1 disclosed Figma’s headquarters at 760 Market Street, Floor 10, San Francisco, California 94102, with the company organized as a Delaware corporation with IRS Employer Identification Number 46-2843087.
- The Q4 2025 update added a Bengaluru office, broadening the company’s global footprint beyond its San Francisco core.
- Workforce expansion has tracked the product surface, with Figma Make, Figma Buzz, Figma Slides, and the Weavy acquisition (now Figma Weave) all surfaced in 2025; engineering and product hiring carried much of the expansion.
- The company’s non-GAAP operating margin was 12% in FY2025, with net cash from operating activities of $250.7 million for the year.
The 2,300-employee figure circulated in pre-IPO coverage; current S-1 and Q4 disclosures do not break out a total headcount.
Figma’s Founding, Leadership, and Platform Evolution
- Figma was founded in 2012 and is led by co-founder and CEO Dylan Field, who continues to position the company at the center of the product development stack.
- CFO Praveer Melwani said in the Q4 2025 release: “Q4 was our best quarter for net new revenue on record, as platform-led adoption across our customer base, including enterprise and international, powered durable growth at scale”.
- Dylan Field framed the year in the same release: “2025 was a massive year for Figma, and the fourth quarter was our best quarter yet”, pointing to design’s place at the center of the modern product development workflow.
- The browser-native delivery model used since 2012 means Figma reaches web designers, product teams, developers, and marketers through the surface rather than installed desktop software.
- The platform’s reach broadened in 2025 through the Figma MCP app in Claude via the Anthropic partnership, and through the Figma app in ChatGPT for FigJam, Figma Buzz, and Figma Slides outputs.
| Figma Company Fact | Value |
|---|---|
| Founded | 2012 |
| CEO | Dylan Field (co-founder) |
| CFO | Praveer Melwani |
| Headquarters | 760 Market Street, Floor 10, San Francisco, CA 94102 |
| Corporate domicile | Delaware |
| IRS EIN | 46-2843087 |
| NYSE ticker | FIG (listed July 31, 2025) |
Source: Figma Q4 2025 + FY2025 results release, Figma S-1.
Conclusion
Figma’s first year as a public company closed with $1.056 billion in FY2025 revenue (up 41% year-over-year), a 136% Net Dollar Retention Rate, 67 customers paying more than $1,000,000 in ARR, and a market capitalization of nearly $68 billion at the close of its July 31, 2025, NYSE debut. Those figures shift the topic out of investor-deck territory and into audited public-company filings, the IPO event itself, the customer concentration shift up-market, and the quantified Figma Make adoption are the data points that drive the citation surface going forward.
The FY2026 guidance of $1.366 billion to $1.374 billion implies 30% growth at the midpoint, a deliberate deceleration from the 41% just delivered.