Figma, Inc.
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FIG Q1 2026 request
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| Metric | Q1 2026 | Q1 2025 | YoY |
|---|---|---|---|
| Revenue (Q) | — | — | — |
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| Non Us | 178,388 | 120,736 | +47.8% |
| US | 155,051 | 107,463 | +44.3% |
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| Revenue | 333,439 | 228,199 | +46.1% |
| Cost of Revenue (Q) | — | — | — |
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| Cost of Revenue | 68,666 | 19,452 | +253.0% |
| Gross Profit (Q) | — | — | — |
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| Gross Profit | 264,773 | 208,747 | +26.8% |
| Research & Development (Q) | — | — | — |
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| Research & Development | 172,974 | 69,925 | +147.4% |
| Sales & Marketing (Q) | — | — | — |
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| Sales & Marketing | 125,568 | 68,840 | +82.4% |
| General & Administrative (Q) | — | — | — |
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| General & Administrative | 103,629 | 30,233 | +242.8% |
| Operating Expenses (Q) | — | — | — |
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| Operating Expenses | 402,171 | 168,998 | +138.0% |
| Operating Income (Q) | — | — | — |
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| Operating Income | -137,398 | 39,749 | -445.7% |
| Non-Operating Income (Expense) (Q) | — | — | — |
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| Non-Operating Income (Expense) | -4,325 | 7,274 | -159.5% |
| Income Before Taxes (Q) | — | — | — |
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| Income Before Taxes | -141,723 | 47,023 | -401.4% |
| Income Tax Expense (Benefit) (Q) | — | — | — |
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| Income Tax Expense (Benefit) | 678 | 2,141 | -68.3% |
| Net Income (Q) | — | — | — |
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| Retained Earnings | -142,401 | 44,882 | -417.3% |
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| Net Income | -142,401 | 44,882 | -417.3% |
| Net Income Loss Available To Common Stockholders Basic (Q) | — | — | — |
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| Net Income Loss Available To Common Stockholders Basic | -142,401 | 8,611 | -1753.7% |
| EPS (Basic) (Q) | — | — | — |
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| EPS (Basic) | -0.27 | 0.04 | -775.0% |
| EPS (Diluted) (Q) | — | — | — |
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| EPS (Diluted) | -0.27 | 0.04 | -775.0% |
| Wtd Avg Shares (Basic) (Q) | — | — | — |
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| Wtd Avg Shares (Basic) | 523,485 | 214,883 | +143.6% |
| Wtd Avg Shares (Diluted) (Q) | — | — | — |
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| Wtd Avg Shares (Diluted) | 523,485 | 231,076 | +126.5% |
| Comprehensive Income (Q) | — | — | — |
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| Comprehensive Income | -146,572 | 45,703 | -420.7% |
| Other Comprehensive Income (Q) | — | — | — |
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| Accumulated Other Comprehensive Income | -4,171 | 821 | -608.0% |
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| Other Comprehensive Income | -4,171 | 821 | -608.0% |
Balance Sheet
| Metric | Q1 2026 | Q1 2025 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents (Q) | — | — | — |
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| Cash & Cash Equivalents | 405,654 | 618,581 | -34.4% |
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| Cash And Cash Equivalents · Cash | 307,010 | — | — |
| Cash And Cash Equivalents · Money Market Funds | 9,156 | — | — |
| Crypto Asset Fair Value Current (Q) | — | — | — |
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| Fair Value Inputs Level1 · USDC | 15,696 | — | — |
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| Crypto Asset Fair Value Current | 15,696 | — | — |
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| USDC | 15,696 | — | — |
| Marketable Securities (Current) (Q) | — | — | — |
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| Fair Value Inputs Level1 | 57,019 | — | — |
| Fair Value Inputs Level1 · Exchange Traded Funds | 57,019 | — | — |
| Fair Value Inputs Level2 | 1,175,791 | — | — |
| Fair Value Inputs Level2 · Commercial Paper | 88,342 | — | — |
| Fair Value Inputs Level2 · Corporate Bond Securities | 469,360 | — | — |
| Fair Value Inputs Level2 · US Government Agencies Debt Securities | 108,048 | — | — |
| Fair Value Inputs Level2 · US Treasury Securities | 510,041 | — | — |
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| Commercial Paper | 88,342 | — | — |
| Corporate Bond Securities | 469,360 | — | — |
| Exchange Traded Funds | 57,019 | — | — |
| US Government Agencies Debt Securities | 108,048 | — | — |
| US Treasury Securities | 510,041 | — | — |
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| Marketable Securities (Current) | 1,232,810 | — | — |
| Accounts Receivable (Q) | — | — | — |
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| Accounts Receivable | 188,351 | — | — |
| Prepaid Expenses & Other Current Assets (Q) | — | — | — |
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| Prepaid Expenses & Other Current Assets | 93,882 | — | — |
| Total Current Assets (Q) | — | — | — |
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| Total Current Assets | 1,936,393 | — | — |
| Non-Current Assets | |||
| Property, Plant & Equipment (Q) | — | — | — |
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| Property, Plant & Equipment | 30,982 | — | — |
| Intangible Assets (Q) | — | — | — |
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| Intangible Assets | 12,663 | — | — |
| Crypto Asset Fair Value Noncurrent (Q) | — | — | — |
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| Fair Value Inputs Level1 · Bitcoin | 11,787 | — | — |
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| Crypto Asset Fair Value Noncurrent | 11,787 | — | — |
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| Bitcoin | 11,787 | — | — |
| Goodwill (Q) | — | — | — |
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| Goodwill | 101,396 | — | — |
| Operating Lease Right-of-Use Assets (Q) | — | — | — |
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| Operating Lease Right-of-Use Assets | 54,458 | — | — |
| Restricted Cash Noncurrent (Q) | — | — | — |
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| Restricted Cash Noncurrent | 9,800 | — | — |
| Other Non-Current Assets (Q) | — | — | — |
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| Other Non-Current Assets | 133,309 | — | — |
| Total Assets (Q) | — | — | — |
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| Total Assets | 2,290,788 | — | — |
| Current Liabilities | |||
| Accounts Payable (Q) | — | — | — |
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| Accounts Payable | 8,928 | — | — |
| Accrued Liabilities (Q) | — | — | — |
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| Accrued Liabilities | 82,157 | — | — |
| Employee Related Liabilities Current (Q) | — | — | — |
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| Employee Related Liabilities Current | 53,173 | — | — |
| Operating Lease Liability Current (Q) | — | — | — |
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| Operating Lease Liability Current | 2,540 | — | — |
| Deferred Revenue (Current) (Q) | — | — | — |
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| Deferred Revenue (Current) | 627,664 | — | — |
| Total Current Liabilities (Q) | — | — | — |
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| Total Current Liabilities | 774,462 | — | — |
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| Operating Lease Liabilities (Q) | — | — | — |
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| Operating Lease Liabilities | 53,624 | — | — |
| Other Non-Current Liabilities (Q) | — | — | — |
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| Other Non-Current Liabilities | 5,741 | — | — |
| Total Liabilities (Q) | — | — | — |
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| Total Liabilities | 833,827 | — | — |
| Stockholders' Equity | |||
| Common Stock (Q) | — | — | — |
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| Common Class A | 4 | — | — |
| Additional Paid-In Capital (Q) | — | — | — |
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| Additional Paid-In Capital | 3,042,899 | — | — |
| Accumulated Other Comprehensive Income (Q) | — | — | — |
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| Accumulated Other Comprehensive Income | -168 | — | — |
| Retained Earnings (Q) | — | — | — |
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| Retained Earnings | -1,585,774 | — | — |
| Total Stockholders' Equity (Q) | — | — | — |
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| Accumulated Other Comprehensive Income | -168 | 2,135 | -107.9% |
| Additional Paid In Capital | 3,042,899 | 1,186,815 | +156.4% |
| Common Stock | 4 | 1 | +300.0% |
| Retained Earnings | -1,585,774 | -148,028 | -971.3% |
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| Total Stockholders' Equity | 1,456,961 | 1,370,364 | +6.3% |
| Total Liabilities & Equity (Q) | — | — | — |
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| Total Liabilities & Equity | 2,290,788 | — | — |
Cash Flow Statement
| Metric | YTD Q1 2026 | YTD Q1 2025 | YoY |
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| Operating Activities | |||
| Depreciation & Amortization (Q) | — | — | — |
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| Depreciation & Amortization | 6,097 | 1,521 | +300.9% |
| Operating Lease Right Of Use Asset Amortization Expense (Q) | — | — | — |
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| Operating Lease Right Of Use Asset Amortization Expense | 4,587 | 4,105 | +11.7% |
| Stock-Based Compensation (Q) | — | — | — |
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| Stock-Based Compensation | 168,998 | 197 | +85685.8% |
| Amortization Of Deferred Sales Commissions (Q) | — | — | — |
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| Amortization Of Deferred Sales Commissions | 6,511 | 4,706 | +38.4% |
| Accretion Amortization Of Discounts And Premiums Investments (Q) | — | — | — |
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| Accretion Amortization Of Discounts And Premiums Investments | -2,474 | -4,846 | +48.9% |
| Equity Securities Fv Ni Unrealized Gain Loss (Q) | — | — | — |
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| Exchange Traded Funds | 16.7 | 9.3 | +79.6% |
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| Equity Securities Fv Ni Unrealized Gain Loss | 15,611 | 8,266 | +88.9% |
| Crypto Asset Realized And Unrealized Gain Loss Operating And Nonoperating (Q) | — | — | — |
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| Crypto Asset Realized And Unrealized Gain Loss Operating And Nonoperating | 3,329 | — | — |
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| Bitcoin | 3,329 | — | — |
| Other Non-Cash Items (Q) | — | — | — |
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| Other Non-Cash Items | 2,482 | -186 | +1434.4% |
| Change in Accounts Receivable (Q) | — | — | — |
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| Change in Accounts Receivable | 59,512 | 17,991 | +230.8% |
| Change in Prepaid & Other Assets (Q) | — | — | — |
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| Change in Prepaid & Other Assets | -8,806 | -9,164 | +3.9% |
| Increase Decrease In Other Operating Assets (Q) | — | — | — |
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| Increase Decrease In Other Operating Assets | -18,189 | -2,434 | -647.3% |
| Change in Accounts Payable (Q) | — | — | — |
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| Change in Accounts Payable | 4,160 | -883 | +571.1% |
| Increase Decrease In Accrued Liabilities And Other Operating Liabilities (Q) | — | — | — |
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| Increase Decrease In Accrued Liabilities And Other Operating Liabilities | 9,457 | 4,386 | +115.6% |
| Increase Decrease In Employee Related Liabilities (Q) | — | — | — |
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| Increase Decrease In Employee Related Liabilities | -44,022 | 3,289 | -1438.5% |
| Change in Deferred Revenue (Q) | — | — | — |
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| Change in Deferred Revenue | 32,330 | 25,273 | +27.9% |
| Change in Other Liabilities (Q) | — | — | — |
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| Change in Other Liabilities | 126 | 74 | +70.3% |
| Net Cash from Operations (Q) | — | — | — |
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| Net Cash from Operations | 97,308 | 97,177 | +0.1% |
| Investing Activities | |||
| Capital Expenditures (Q) | — | — | — |
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| Capital Expenditures | -7,812 | -874 | -793.8% |
| Payments To Develop Software (Q) | — | — | — |
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| Payments To Develop Software | -888 | -1,721 | +48.4% |
| Payments To Acquire Marketable Securities (Q) | — | — | — |
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| Payments To Acquire Marketable Securities | -262,936 | -238,805 | -10.1% |
| Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities (Q) | — | — | — |
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| Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities | 188,121 | 255,111 | -26.3% |
| Proceeds From Sale Of Available For Sale Securities Debt (Q) | — | — | — |
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| Proceeds From Sale Of Available For Sale Securities Debt | 75,749 | 28,201 | +168.6% |
| Other Investing Activities (Q) | — | — | — |
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| Other Investing Activities | 317 | -661 | +148.0% |
| Net Cash from Investing (Q) | — | — | — |
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| Net Cash from Investing | -7,449 | 41,251 | -118.1% |
| Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount (Q) | — | — | — |
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| Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount | 1,848 | 85 | +2074.1% |
| Operating Lease Payments (Q) | — | — | — |
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| Operating Lease Payments | 3,945 | 3,974 | -0.7% |
| Right Of Use Asset Obtained In Exchange For Operating Lease Liability (Q) | — | — | — |
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| Right Of Use Asset Obtained In Exchange For Operating Lease Liability | 679 | 41,100 | -98.3% |
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| Proceeds From Stock Options Exercised (Q) | — | — | — |
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| Proceeds From Stock Options Exercised | 28,851 | 339 | +8410.6% |
| Tax Withholding for Share Compensation (Q) | — | — | — |
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| Tax Withholding for Share Compensation | -116,159 | — | — |
| Proceeds From Payments For Other Financing Activities (Q) | — | — | — |
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| Proceeds From Payments For Other Financing Activities | -228 | — | — |
| Net Cash from Financing (Q) | — | — | — |
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| Net Cash from Financing | -87,536 | 339 | -25921.8% |
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| Income Tax Paid State And Local After Refund Received (Q) | — | — | — |
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| Income Tax Paid State And Local After Refund Received | -5 | — | — |
| Income Tax Paid Foreign After Refund Received (Q) | — | — | — |
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| Income Tax Paid Foreign After Refund Received | 410 | — | — |
| Income Taxes Paid (Q) | — | — | — |
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| Income Taxes Paid | 405 | — | — |
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| Net Change in Cash (Q) | — | — | — |
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| Net Change in Cash | 2,323 | 138,767 | -98.3% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents (Q) | — | — | — |
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| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 415,514 | 629,352 | -34.0% |
| Restricted Cash And Cash Equivalents (Q) | — | — | — |
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| Restricted Cash And Cash Equivalents | 9,860 | 10,771 | -8.5% |
Values in thousands USD. Source: SEC EDGAR 10-Q filing.