Figma, Inc. SEC 10-Q Report
Figma, Inc., a leading design and development platform, has released its latest Form 10-Q report, showcasing significant improvements in both financial and operational performance. The report highlights the company's robust revenue growth, improved profitability, and strategic expansion into new product offerings, underscoring Figma's strong market position and future growth potential.
Financial Highlights
Revenue: $249.64 million, reflecting a significant increase from $177.20 million in the same period last year, driven by strong demand for new product offerings.
Gross Profit: $221.75 million, up from $137.64 million, indicating improved cost management and higher sales volume.
Income (loss) from operations: $2.08 million, compared to a loss of $894.29 million in the previous year, showcasing a turnaround in operational efficiency.
Net Income: $28.23 million, a substantial improvement from a net loss of $827.85 million, highlighting effective cost control and revenue growth.
Net income (loss) per share, basic: $0.00, compared to a loss of $4.39 per share, reflecting the company's return to profitability.
Business Highlights
Revenue Segments: Figma's revenue is derived from two main geographical areas: the United States and International markets. For the three months ended June 30, 2025, the U.S. contributed $116.8 million, while International markets contributed $132.9 million. For the six months ended June 30, 2025, the U.S. contributed $224.2 million, and International markets contributed $253.6 million.
Geographical Performance: The company has seen significant growth in both the United States and International markets, with no single country outside the U.S. accounting for more than 10% of total revenue. This indicates a well-distributed international presence.
New Product Launches: In 2025, Figma expanded its product portfolio by launching four new products: Figma Sites, Figma Make, Figma Buzz, and Figma Draw. These products are designed to enhance the design and development process, with Figma Sites allowing for direct website publishing, Figma Make utilizing AI for prototype creation, Figma Buzz focusing on marketing asset creation, and Figma Draw offering advanced vector editing capabilities.
Future Outlook: Figma is investing heavily in AI to accelerate the product development journey, aiming to help users of all skill levels ideate, iterate, and build faster. This strategic focus on AI is expected to enhance the functionality and appeal of Figma's platform.
SEC Filing: Figma, Inc. [ FIG ] - 10-Q - Sep. 03, 2025