Figma, Inc. (FRA:1S2)

Figma Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	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 Global Market Intelligence. Standard template. Financial Sources.