Figma revenue, valuation & funding | Sacra

Figma

NYSE: FIG
Design tool for real-time collaboration on UI, prototypes, and design systems in-browser
#b2b #design #online-whiteboard

Revenue

$1.05B
2025

Valuation

$12.50B
2024

Funding

$748.60M
2024

Growth Rate (y/y)

35%
2024

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Details

Milestones

Overview

Revenue

Figma Data Summary | Sacra

Revenue & Revenue Growth Rate
$1.1B
↑ 40.2% YoY

Source: Sacra

Updated: Apr 27, 2026

Figma generated $1.056B in revenue for 2025, up 41% from $749M in 2024.

Figma only started monetizing with their "Pro" tier in 2017, with their "Team" plan following in 2019.

Quarterly progression through 2025:

Full-year non-GAAP operating income was $129.5M (12% margin) and adjusted free cash flow was $242.7M (23% margin).

As of December 31, 2025, Figma had $1.7B in cash, cash equivalents, and marketable securities.

Valuation & Funding

Figma Valuation Summary | Sacra

Valuation & Amount Raised
$19.3B
↑ $769.5M Total Raised

Updated: Apr 27, 2026

Figma priced its IPO on July 30, 2025 at $33.00 per share.

Valuation & Funding History

| Date | Event | Valuation | Amount | Price | Status | | | -------- | ----------- | --------- | -------- | -------- | ------- | | | Jul 2025 | Direct Sale | — | $24.5M | $33.00 | Closed | | | Jul 2025 | Growth | — | — | — | Announced | | | Jul 2024 | Tender Offer| — | — | — | Closed | | | Dec 2023 | Direct Sale | — | — | — | Cancelled | |

Product

Figma’s disruption of Sketch and Photoshop followed a similar formula as Google Docs displacing Word and Slack displacing email.

Figma consolidated their victory by tapping into an intolerant minority—designers.

Most of Figma's growth has been through product-led growth. Their freemium model has contributed to their sales efficiency.

As of the S-1 filing, Figma reported more than 13 million monthly active users, with approximately 85% outside the U.S.

Current enterprise customers include:

Competition

Figma competes with Adobe and its UX design tool XD. Many organizations still use both tools, as organizations will pay for Adobe Creative Cloud and also for Figma, since designers might refuse to use Adobe XD.

Figma replaces Adobe XD or Sketch, becoming a source of truth and a place where product decisions are made.

TAM Expansion

Growth Drivers:

  1. Growth of market share: Figma's share grew significantly from 2018 to 2020 against Sketch and InVision.
  2. Seat expansion: Products like FigJam have made Figma more accessible and collaborative.
  3. Budget growth: Companies are reallocating budgets for productivity and collaboration tools post-COVID.
  4. International expansion: Approximately 85% of Figma’s monthly active users are outside the U.S.
  5. Acquisitions: Figma has utilized M&A to accelerate entry into adjacent categories.

News

July 29, 2026
Figma, Inc. Expected to Report 200% Earnings Growth on August 5
Figma anticipates a significant earnings increase based on recent estimate revisions.

July 24, 2026
Figma's Stock Drops 16.5% Amid AI Competition Concerns
Figma's stock falls due to investor worries, despite strong revenue growth.

July 15, 2026
BofA Reinstates Figma with Buy Rating and $30 Target
BofA's reinstatement highlights the company's potential in AI, despite past losses.