Figma Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	1,056	749.01	504.87
Revenue Growth (YoY)	40.96%	48.36%	-
Cost of Revenue	185.53	87.51	44.5
Gross Profit	870.26	661.5	460.37
Selling, General & Admin	1,131	787.81	273.26
Research & Development	1,030	751.12	164.77
Operating Expenses	2,161	1,539	438.03
Operating Income	-1,290	-877.43	22.34
Interest & Investment Income	62.2	63.7	19.85
Other Non Operating Income (Expenses)	3.41	-3.11	-0.51
EBT Excluding Unusual Items	-1,225	-816.84	41.68
Merger & Restructuring Charges	-	-	-95.8
Gain (Loss) on Sale of Investments	-0.8	23.77	-
Other Unusual Items	-	-	1,000
Pretax Income	-1,226	-793.07	945.92
Income Tax Expense	24.82	-60.95	208.08
Earnings From Continuing Operations	-1,250	-732.12	737.84
Minority Interest in Earnings	-	-	-451.98
Net Income	-1,250	-732.12	285.86
Net Income to Common	-1,250	-732.12	285.86
Shares Outstanding (Basic)	337	196	168
Shares Outstanding (Diluted)	337	196	187
Shares Change (YoY)	72.30%	4.49%	-
EPS (Basic)	-3.71	-3.74	1.70
EPS (Diluted)	-3.71	-3.74	1.62
Free Cash Flow	246.24	-63.69	1,044
Free Cash Flow Per Share	0.73	-0.33	5.58
Gross Margin	82.43%	88.32%	91.19%
Operating Margin	-122.23%	-117.15%	4.43%
Profit Margin	-118.44%	-97.75%	56.62%
Free Cash Flow Margin	23.32%	-8.50%	206.70%
EBITDA	-1,275	-869.74	30.84
EBITDA Margin	-120.75%	-116.12%	6.11%
D&A For EBITDA	15.59	7.69	8.5
EBIT	-1,290	-877.43	22.34
EBIT Margin	-122.23%	-117.15%	4.43%
Effective Tax Rate	-	-	22.00%
Advertising Expenses	21.8	19.9	15.8

Source: S&P Capital IQ. Standard template. Financial Sources.