FIGMA, INC.

FIG

CIK 0001579878 · Quarterly mode · latest period FY2025 (Q4) (ending 2025-12-31) · sourced from SEC EDGAR

At a glance · FY2025 (Q4)

Revenue
$304M
↑+40.0% +$87Mvs FY2024 (Q4)
Operating Income
$48M
↓-66.1% -$93Mvs FY2024 (Q4)
Net Income
$10M
↓-91.9% -$115Mvs FY2024 (Q4)
Gross Profit
$249M
↑+24.4% +$49Mvs FY2024 (Q4)

Quality Score

Quality score

6-dimension fundamental snapshot · latest annual filed values · S&P 500 calibration

Average
54/100
  • Profitability
    0ROIC -71.9% (10% = solid, 20%+ = moat)
  • Liquidity
    100Current Ratio 2.58 (above 1.5 = solid)
  • Leverage
    0Insufficient data
  • Efficiency
    24Asset Turnover 0.51x (1.0+ = capital-efficient)
  • Growth
    100Revenue YoY +52.9% (10% = solid, 25%+ = elite)
  • Margin Trend
    100Op Margin -414.6% · trend +57.4pts (4Q avg vs prior 4Q)

Calibrated to S&P 500 medians. Each sub-score is computed from a single CFA-grade ratio (Profitability = ROIC, Liquidity = Current Ratio, Leverage = D/E, Efficiency = Asset Turnover, Growth = Revenue YoY, Margin Trend = 4Q operating-margin avg vs prior 4Q). Overall = simple mean.

DCF intrinsic value

DCF intrinsic value

two-stage Gordon model

Project FIG's free cash flow forward, discount back at your hurdle rate, divide by diluted shares. Edit the assumptions to see how sensitive the intrinsic value is.

8%

Trailing CAGR unavailable; default 8%

10%

10% is a common all-equity benchmark for US large-caps

2.5%

Should be ≤ long-run GDP growth (~2.5% nominal)

5

5-year explicit projection + perpetuity terminal

Intrinsic value per share
$12.57
Total enterprise IV
$4.24B
Diluted shares
0.34B
Terminal PV
$3.07B (72% of total)
Year-5 FCF
$362M
YearProjected FCFDiscounted PV
+1$266M$242M
+2$287M$237M
+3$310M$233M
+4$335M$229M
+5$362M$225M
Terminal$4.94B$3.07B

DCF outputs are HIGHLY sensitive to growth + WACC assumptions. A 1pp WACC change can shift IV by 20%+. Use this as a sanity-check vs market price, not a target — and always cross-check the underlying FCF source (EDGAR cashflow statement, latest annual). Margin of safety convention: 30-50% discount to IV before buying.

Capital allocation · trailing 4 quarters

how the company spent its cash
Capex (TTM)
$4M
investment in PP&E
Stock buybacks (TTM)
$0
share count reduction
Stock-based comp (TTM)
$1.36B
non-cash dilution

Balance sheet · 2025-12-31

latest filed snapshot
Total assets
$2.35B
everything owned
Total liabilities
$838M
everything owed
Stockholders' equity
$1.51B
shareholder claim

Recent performance · 7 quarters

Revenue↑+52.9% +$105M
$304M
Net Income↓-32.5% -$269M
$-1.10B
Free Cash Flow↓-36.0% -$22M
$39M
Operating Margin↑+90.1pts
-414.6%

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