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Silicon Valley royalty are set to be the big winners from Figma’s initial public offering this week. Former Meta and Google ...
The company is well on its way to generating $1 billion of revenue in 2025 with steady profits a possibility too.
Its prospectus says Figma had $749 million in revenue for the year ended Dec. 31, 2024, a 48% increase from the previous year. Revenue for the three months ended March 31, 2025, was $228.2 million ...
Figma saw revenue in its first quarter of $228.2 million, up 46% year-over-year and, recorded net income of $44.9 million, up from $13.5 million a year earlier.
Figma didn't say how many shares it plans to sell in the IPO. The company was valued at $12.5 billion in a tender offer last year, and in April it announced that it had confidentially filed for ...