Figma at a glance
Question | Answer | As of |
|---|---|---|
Who owns Figma? | Public shareholders; CEO Dylan Field controls 72.3% of the votes | Mar 31, 2026 |
Stock | NYSE: FIG, listed July 31, 2025 at $33 a share | Jul 2025 |
Market cap | About $11.8B, down from almost $68B at the first day’s close | Nov 2, 2026 |
Revenue | $1.06B in 2025, up 41%; $370.1M in Q2 2026, up 48% | Jun 30, 2026 |
2026 outlook | $1.463B to $1.467B in revenue | Aug 5, 2026 |
Customers | 15,964 paying more than $10,000 a year; 1,635 paying more than $100,000 | Jun 30, 2026 |
CEO | Dylan Field, co-founder | Nov 2026 |
Founded | October 2012, by Dylan Field and Evan Wallace | 2012 |
Headquarters | 760 Market Street, San Francisco; 14 offices in 11 countries | Dec 31, 2025 |
Employees | 1,886 | Dec 31, 2025 |
Next results | Q3 2026, after the market closes on November 4, 2026 | Nov 2026 |
Email format | {f}{last}@figma.com, the pattern most providers report | Nov 2026 |
Figma, Inc. was incorporated in Delaware in October 2012 and has been listed on the New York Stock Exchange since its IPO in 2025 (SEC).
Who owns Figma?
Figma is a public company, but Dylan Field controls it. Its Class B shares carry 15 votes each; Field owns 65.8% of them and votes another 32.3%, held by co-founder Evan Wallace’s family trust, under a proxy. Together that gave him 72.3% of the voting power on March 31, 2026 (SEC), which makes Figma a “controlled company” under NYSE rules.
Shareholder | Stake | Source |
|---|---|---|
Dylan Field | 65.8% of Class B shares; 72.3% of the votes, including the Wallace proxy | |
Wu-Wallace Family Trust (Evan Wallace) | 32.3% of Class B shares; voted by Field | |
Index Ventures | 14.1% of Class A shares | |
Greylock Partners | 13.2% of Class A shares | |
Kleiner Perkins | 10.7% of Class A shares | |
Sequoia Capital | 7.3% of Class A shares |
All figures are as of March 31, 2026, from Figma’s 2026 proxy statement.
What is Figma’s revenue?
Figma’s revenue was $370.1 million in the second quarter of 2026, up 48% from a year earlier (SEC), and $1.06 billion for 2025, up 41% (SEC). It expects $1.463 billion to $1.467 billion in 2026, about 39% growth (SEC).
Period | Revenue | Growth | Source |
|---|---|---|---|
Q2 2026 | $370.1M | 48% | |
Q4 2025 | $303.8M | 40% | |
2025 | $1,055.8M | 41% | |
2024 | $749.0M | 48% | |
2023 | $504.9M |
Figma loses money under standard accounting but generates cash. In Q2 2026 it had a GAAP net loss of $112.2 million, non-GAAP net income of $42.6 million and free cash flow of $53.2 million, and held $1.7 billion in cash and marketable securities (SEC). Its 2025 GAAP net loss of about $1.3 billion includes a one-time $975.7 million stock compensation charge triggered by the IPO (SEC).
Existing customers keep spending more: net dollar retention was 136% at June 30, 2026, and customers paying more than $100,000 a year grew 46% (SEC). Figma had more than 13 million monthly active users in early 2025, two-thirds of them not designers (SEC).
Figma stock and valuation
Figma priced its IPO at $33 a share (SEC). The stock closed its first day, July 31, 2025, at $115.50, up 250%, for a market value of almost $68 billion (CNBC). It has fallen most of the way back since: Figma was worth about $11.8 billion on November 2, 2026 (StockAnalysis).
Date | Event | Source |
|---|---|---|
Nov 2, 2026 | Market cap about $11.8B | |
Aug 6, 2026 | Falls 14.9% after Q2 results, as AI costs rise and the CMO and CPO leave | |
Jan–Jun 2026 | Falls 51.6%, on fears of AI design tools such as Anthropic’s Claude Design | |
Sep 4, 2025 | Falls nearly 20% after its first earnings report | |
Jul 31, 2025 | First trading day: closes at $115.50, almost $68B | |
Jul 30, 2025 | IPO priced at $33 |
How much did Figma raise? Funding before the IPO
Before going public, Figma raised about $330 million in preferred stock across six rounds, from a seed in 2013 to a Series E in 2021 (SEC). The IPO added $393.1 million in net proceeds for the company; selling shareholders sold the rest (SEC).
Round | Announced | Amount | Led by | Valuation | Source |
|---|---|---|---|---|---|
IPO | Jul 30, 2025 | $393.1M net to Figma | Public offering at $33 | About $68B at the first close | |
Tender offer | May 16, 2024 | $600M–$900M of existing shares | a16z, Sequoia, Kleiner Perkins and others | $12.5B | |
Series E | Jun 24, 2021 | $189.6M of a $200M offering (SEC) | Durable Capital | $10B (CNBC) | |
Series D | Apr 30, 2020 | $50M | Andreessen Horowitz | $2B (Forbes) | |
Series C | Feb 14, 2019 | $40M | Sequoia | Not disclosed | |
Series B | Feb 1, 2018 | $25M | Kleiner Perkins | Not disclosed | |
Series A | Dec 3, 2015 | $14M | Greylock | Not disclosed | |
Seed | Jun 2013 | $3.8M | Not disclosed | Not disclosed |
The 2024 tender offer let employees sell shares at $12.5 billion, 25% above the 2021 round but below the $20 billion Adobe had agreed to pay (CNBC).
The Adobe deal
Adobe agreed to buy Figma in September 2022 (Figma) for $20 billion (CNBC). The companies called it off on December 18, 2023, after failing to win over regulators (Figma), and Adobe paid Figma a $1 billion termination fee (SEC).
Who is the CEO of Figma?
Dylan Field, who co-founded Figma with Evan Wallace in 2012 after leaving Brown University for a Thiel Fellowship, has been CEO since October 2012 and Chair of the board since April 2025 (SEC). Wallace left in 2021 (Evan Wallace).
Person | Role | Since |
|---|---|---|
Dylan Field | Co-founder; CEO and President; Chair of the board (SEC) | CEO since Oct 2012; Chair since Apr 2025 |
Praveer Melwani | Chief financial officer (SEC) | Mar 2022 |
Kris Rasmussen | Chief technology officer (SEC) | Mar 2022 |
Shaunt Voskanian | Chief revenue officer (SEC) | Oct 2021 |
Brendan Mulligan | General counsel (SEC) | Feb 2024 |
Evan Wallace | Co-founder; at Figma from 2012 to 2021 (Evan Wallace) | 2012 |
Figma’s chief marketing officer and chief product officer were leaving, Field said in August 2026 (Motley Fool). Anthropic’s Mike Krieger resigned from Figma’s board in April 2026 (SEC).
Full bio and contact routes: Figma CEO Dylan Field: email address, LinkedIn and bio.
Where is Figma headquartered, and how many employees does it have?
Figma is headquartered at 760 Market Street, Floor 10, San Francisco, and had 14 offices in 11 countries at the end of 2025 (SEC).
Date | Employees | Source |
|---|---|---|
Dec 31, 2025 | 1,886 | |
Mar 31, 2025 | 1,646 | |
Dec 31, 2024 | 1,577 | |
2022 | 644 | LeadWave company data |
2021 | 521 | LeadWave company data |
At $1.06 billion in 2025 revenue and 1,886 employees, Figma brought in about $560,000 per employee, similar to Linear.
Which companies has Figma acquired?
Date | Company | What it adds | Source |
|---|---|---|---|
Jul 7, 2026 | The team behind Bud (formerly Orchids) | A vibe-coding and AI agent platform from Y Combinator | |
Oct 30, 2025 | Weavy | Generative AI and editing tools; now Figma Weave | |
Jun 2023 | Diagram | AI design tools |
What is Figma’s email format?
Most providers report {f}{last}@figma.com, the first initial and last name, as Figma’s main pattern: Clay (Clay) and Emailchaser (Emailchaser) both list it, and Prospeo finds it in 43.1% of addresses (Prospeo). Providers disagree more than usual, so verify any address before you send.
Need | Official address |
|---|---|
Press | press@figma.com |
Privacy | privacy@figma.com |
Legal | legal@figma.com |
Abuse reports | abuse@figma.com |
All patterns, domains and official inboxes: Figma email format.
Key events: from a browser experiment to the NYSE
Date | Event |
|---|---|
Nov 4, 2026 | Q3 2026 results due after the market closes (Investing News) |
Oct 15, 2026 | Config India in Bengaluru (Figma) |
Aug 5, 2026 | Q2 revenue up 48% to $370.1M; raises its 2026 outlook (SEC) |
Jul 7, 2026 | Acquires the team behind Bud (TechCrunch) |
Jun 24, 2026 | Config 2026: code layers, Figma Motion and Weave tools on the canvas (Figma) |
Oct 30, 2025 | Acquires Weavy, now Figma Weave (Figma) |
Jul 31, 2025 | Starts trading on the NYSE as FIG (CNBC) |
May 7, 2025 | Config 2025: Figma Make, Sites, Buzz and Draw (Figma) |
May 16, 2024 | Tender offer at $12.5B (CNBC) |
Dec 18, 2023 | Figma and Adobe abandon their merger; Adobe pays a $1B fee (Figma) |
Jun 2023 | Acquires Diagram (Figma) |
Sep 15, 2022 | Adobe agrees to buy Figma for $20B (Figma) |
Jun 24, 2021 | Series E led by Durable Capital, at $10B (Figma) |
Dec 3, 2015 | Figma is announced after “three years of silence and hard work” (Figma) |
Oct 2012 | Figma, Inc. is incorporated (SEC) |
More on Figma and similar companies
Figma email format: patterns, domains and official inboxes
Figma CEO Dylan Field: bio, career timeline and contact routes
Lovable in 2026: building apps from a prompt, like Figma Make
Notion in 2026: another workspace product teams live in
Airtable in 2026: another San Francisco tool company, bought by Bending Spoons
San Francisco SaaS companies: Figma and its San Francisco peers, ranked
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