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Figma FIG Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Gross margin79.1%-11.6pp79.8%-8.7pp82.4%-5.9pp84.8%-2.8pp90.8%+3.5pp
Operating margin-123.8%—-126.4%—-122.2%—————
Net margin-123.1%—-123.8%—-118.4%—————
Returns
Return on equity-108.6%—-101.7%—-88.2%—————
Return on invested capital-162.9%———-127.9%—————
Efficiency
Asset turnover0.6×———0.5×—————
Liquidity
Current ratio2.5×-0.9×2.5×—2.6×-1.1×3×—3.3×—
Leverage
Debt-to-equity0×0.0×0×—0×0.0×0×—0×—
Per Share
Book value per share$2.80-54.5%$2.78-53.1%$4.48-33.8%$3.44-37.9%$6.16+34.8%
Valuation
Market capitalization$11.5B-54.8%$11.03B—$18.52B—$25.4B———
Price / sales9×-17.3×9.5×—17.5×—26.2×———
Price / book7.8×-10.5×7.6×—12.3×—18.3×———

FAQ

What are Figma's profit margins?
Figma (FIG) runs a 79.1% gross margin and a -123.8% operating margin, with a -123.1% net margin.
Where do Figma's ratios come from?
Every ratio is computed from Figma's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.