Collaborative design software company Figma filed registration paperwork with the Securities and Exchange Commission on July 1, 2025, for an initial public offering on the New York Stock Exchange under ticker symbol “FIG.” The San Francisco-based company disclosed plans to go public following the collapse of its $20 billion acquisition by Adobe in December 2023.
According to the S-1 filing, Figma generated $749 million in revenue during 2024, representing 48% year-over-year growth. The company’s first quarter 2025 revenue reached $228.2 million, marking a 46% increase from $156.2 million in the same period of 2024. Figma reported net income of $44.9 million for the first quarter, compared to $13.5 million in the prior year.
