# Figma share price today (Figma, Inc., FIG) > Figma, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. FIG · Technology · Software - Application · data as of 4 November 2026. Page: https://www.sectoralpha.in/us/stocks/fig Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Price: $22.13 (−50.0% in a year) - Revenue (Jun 2026): $370 M (+48.2% on a year ago) - Profit (Jun 2026): −$112 M (−13,356.7% on a year ago) - Operating margin: −31.7% (−32.5 points on a year ago) - ROE: −83%, FY25 - ROIC: −23.0% Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Figma share price today? Figma, Inc.'s share price was $22.13 at the close on 4 November 2026. That is 3.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between $17 and $44, and at that close it sat 17% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 2 weeks running. Over the last 1 year the share price moved −82% while the S&P 500 moved +23%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 23 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Figma pay? Figma, Inc. pays no dividend. In the last 10 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Figma on? Figma is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks) ## Is Figma profitable? Figma, Inc. posted a net loss of $112 M in the Jun 2026 quarter. The full FY25 year was a loss of $1.3 B. That loss is 30.3% of the quarter's revenue. The same quarter a year earlier earned $846 K. 6 of the last 10 reported quarters were loss-making. Jun 2026 profit was −$112 M, −13,356.7% on a year earlier. Why profit moved: revenue changed +48.2% on a year earlier and the margin moved −32.5 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −4,822.9% and revenue +43.1%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Figma make, and is it growing? Figma, Inc. reported $370 M of revenue in the Jun 2026 quarter, +48.2% on the same quarter a year earlier. That is the 6th quarter in a row with growth on the year before. Over 2 years it has grown 44.6% a year on average. The last full year, FY25, came in at $1.1 B. The last four reported quarters add to $1.3 B. FY25 revenue was $1.1 B, +41.0% on the year before. Recent pace: the last four quarters grew +43.1% on average, against 44.6% a year over the longer run, so this year is growing slower than its own long-run rate. ## How much of every $100 of sales does Figma keep? Figma, Inc.'s operating margin was −31.7% in the Jun 2026 quarter, 32.5 percentage points lower than the same quarter a year ago. Across 3 years it has been between −122.2% and 4.4%. The latest quarter is within that range. Why the margin moved: operating margin changed −32.5 percentage points on the year while gross margin changed −5.1 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Figma's profit turning into cash? Figma, Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in $251 M of operating cash against −$1.3 B of profit. After $4.4 M of spending on assets, $246 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Figma's cash go? Figma, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $10.2 M on assets over the last 3 years. Averaged over those years that is 0.3% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $10.2 M over the last 3 years. In short: most of the cash goes on covering the loss, not on new assets; spending on assets is small next to it. ## What is Figma's P/E ratio, and how does it compare with its own history? Figma, Inc. has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values Figma, Inc. at 11.2× its FY25 revenue of $1.1 B. The P/E comes back here once profit turns positive. ## Is the Figma business getting better or worse? Figma, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 6 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Figma earn on its capital? Figma, Inc. earned a ROE of −83% in FY25. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a −118.4% net margin and 0.45× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −118.4% net margin × 0.45× asset turnover × 1.55× leverage (assets divided by equity) ≈ −82.6% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. ## Does Figma have too much debt? Figma, Inc. has total debt of $67.8 M against shareholder equity of $1.5 B as of Jun 2026, so its debt is 0.05× its equity, which is very little. Year by year, that ratio went from 0.01 in FY23 to 0.04 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Figma shareholding pattern? 13.9% of Figma, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 3.3 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Figma from balance-sheet trouble? For Figma, Inc., the Z-score is 10.97. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 10.97 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Figma rank in its industry? There is no score against its industry: Figma, Inc. is not among the largest members shown in this industry comparison for Software - Application. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Figma compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Figma in size? Figma is the 32nd largest of 142 Software - Application companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Bentley Systems, Incorporated, Dynatrace, Inc. and Paycom Software, Inc. Just below it: Procore Technologies, Inc., Chime Financial, Inc. and HubSpot, Inc. ### Software - Application companies close in size 1. [Bentley Systems, Incorporated](https://www.sectoralpha.in/us/stocks/bsy) $13.5 billion 2. [Dynatrace, Inc.](https://www.sectoralpha.in/us/stocks/dt) $13.5 billion 3. [Paycom Software, Inc.](https://www.sectoralpha.in/us/stocks/payc) $11.9 billion 4. Figma, Inc. $11.8 billion 5. [Procore Technologies, Inc.](https://www.sectoralpha.in/us/stocks/pcor) $11.5 billion 6. [Chime Financial, Inc.](https://www.sectoralpha.in/us/stocks/chym) $11.3 billion 7. [HubSpot, Inc.](https://www.sectoralpha.in/us/stocks/hubs) $10.8 billion [All 142 Software - Application companies, largest first](https://www.sectoralpha.in/us/sectors/software-application#all-companies) ### Companies close in size in other industries 1. [U-Haul Holding Company](https://www.sectoralpha.in/us/stocks/uhal) $11.8 billion · Rental & Leasing Services 2. [Ally Financial Inc.](https://www.sectoralpha.in/us/stocks/ally) $11.8 billion · Credit Services 3. Figma, Inc. $11.8 billion 4. [Molina Healthcare, Inc.](https://www.sectoralpha.in/us/stocks/moh) $11.8 billion · Healthcare Plans 5. [Watts Water Technologies, Inc.](https://www.sectoralpha.in/us/stocks/wts) $11.8 billion · Specialty Industrial Machinery ## What else do people ask about Figma? ### What were Figma's latest quarterly results? Figma, Inc. reported revenue of $370 M and a net loss of $112 M for the Jun 2026 quarter. Revenue rose 48.2% and profit fell 13,356.7% compared with a year earlier. Earnings per share were −$0.21. The operating margin was −31.7%, 32.5 percentage points lower than a year earlier (as of 4 November 2026). ### What is Figma's market cap? Figma, Inc.'s market capitalisation is $11.8 B at a stock price of $22.13. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Figma performing? Figma, Inc.'s latest readings are below. In its latest quarter, revenue rose 48.2% and profit fell 13,356.7% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 2 weeks running. This describes what the data did, not a rating (as of 4 November 2026). ### Will Figma's stock price go up? This page does not forecast Figma, Inc.'s stock price. What it shows instead: the stock price is $22.13. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026). ### Does Figma have too much debt? No, Figma, Inc. has little debt: its debt is 0.07× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. So the returns on this page come from the business, not borrowed money (as of 4 November 2026). ### Where is Figma in its business cycle? Figma, Inc.'s FY25 operating margin was −122.2%, against a 3-year range of −122.2% to 4.4%: the low end of its own range, which is often where recoveries start. The latest quarter was −31.7%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Figma story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Figma a stock worth studying right now? What the numbers show: Figma, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ## Lists - US tech stocks: https://www.sectoralpha.in/us-tech-stocks This is research, not advice. We’re not SEBI-registered.