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Figma Debuts on NYSE at $33, Securing $19.3 Billion Valuation

Its trading performance will gauge investor appetite for late-stage tech listings in a market rebound.

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Dylan Field, CEO and cofounder of Figma.

Overview

  • Figma priced its shares at $33 apiece, topping its original $25–$28 guidance, and began trading under the ticker FIG on the New York Stock Exchange.
  • The IPO raised $1.2 billion for the company, climbing to $1.4 billion after the over-allotment option was exercised, with most proceeds allocated to selling shareholders.
  • At its debut price, Figma’s fully diluted market capitalization stands near $19.34 billion.
  • The company’s robust financial track record includes $228.2 million in first-quarter 2025 revenue, $749 million in 2024 revenue, and recent profitability.
  • Figma’s platform has secured deep market penetration, with more than 95% of Fortune 500 and 78% of Forbes 2000 companies as users.