# Figma Inc. (FIG) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Technology / Software. Price $24.12, market value $12.9 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Figma Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 10.0×**. Each dollar of revenue is priced at 10.0×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 8.7×**. The shares trade at 8.7× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 1.8%** (5-yr avg 2.0%). Free cash flow equals 1.8% of the market value, in line with its five-year average of 2.0%.

## Profitability
- **Gross margin: 79.1%**. Figma Inc. keeps 79.1% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: -123.8%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -118.4%**. The company reported a net loss over the last twelve months.
- **Return on equity: -82.8%**. Return on equity is negative because earnings are negative.
- **Return on assets: -67.2%**. Each dollar of assets produces -67.2% of profit.

## Growth
- **Revenue growth (1 yr): 41.0%**. Revenue grew 41.0% over the last year.
- **EPS growth (1 yr): 0.8%**. Earnings per share rose 0.8%, slower than revenue, so margins compressed.

## Financial health
- **Current ratio: 2.58** (quick 2.58). Current assets cover the next year's liabilities 2.58 times.
- **Altman Z-score: 9.37**. A Z-score of 9.37 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Figma Inc. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): -55.8%** (YTD -35.5%, 3-mo 10.9%). The shares are down 55.8% over twelve months including dividends.
- **From 52-week high: -66.3%** (45.3% above the low). Trading 66% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 44**. An RSI of 44 is neutral.
- **Beta (1 yr): 1.49** (volatility 79%). Beta of 1.49 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FIG · Page: https://foliofundamentals.com/stocks/fig

Not investment advice.