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yesterday

Figma Prices IPO at $33 per Share, Values Company at $19.3 Billion

Pricing above range reflects investor confidence in Figma’s growth prospects ahead of its NYSE debut

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Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2025. REUTERS/Brendan McDermid/File photo

Overview

  • Figma’s IPO was priced at $33 per share, raising $1.2 billion from the sale of company and investor shares.
  • The offering values Figma at approximately $19.3 billion, approaching the $20 billion that Adobe had agreed to pay before regulators halted that deal.
  • Figma is set to begin trading on the New York Stock Exchange under the ticker symbol FIG on Thursday.
  • Strong financial results underpin investor demand, with Q1 revenue up 46% year-over-year to $228.2 million and net income tripling, and Q2 revenue projected to rise about 40%.
  • The IPO was led by Morgan Stanley, Goldman Sachs, Allen & Company and J.P. Morgan, with early backers including Sequoia Capital and Greylock selling shares in the offering.