Overview
- Figma’s S-1 was publicly filed on July 1, outlining plans to list on the New York Stock Exchange under the ticker FIG.
- The prospectus reports first-quarter 2025 revenue of $228.2 million, a 46% year-over-year increase, and net income of $44.9 million.
- The company disclosed $749 million in revenue for 2024 with a non-GAAP profit margin near 17% and claims 13 million monthly active users.
- Figma’s filing mentions artificial intelligence over 150 times, highlighting its commitment to AI development and warning of potential margin impacts.
- CEO Dylan Field will maintain majority voting power through dual-class shares, while Morgan Stanley, Goldman Sachs, Allen & Co. and JPMorgan Chase lead the IPO underwriting.