Figma's $19.3B Valuation and Strong Financials Make FIG Stock an Attractive Buy

Figma (FIG) has raised $1.22 billion in its IPO, valuing the company at $19.3 billion. The design software company's revenue grew 46% YoY to $228 million in Q1 2025. Despite a $3.74 per share loss last year, investors are optimistic about Figma's future due to its strong financials and AI-focused strategy. The company's collaborative design platform is widely adopted by major brands, and its aggressive push into generative AI has drawn investor attention.

Figma, the collaborative design platform, has successfully raised $1.22 billion in its initial public offering (IPO), valuing the company at $19.3 billion. The IPO, which took place on the New York Stock Exchange (NYSE) on July 31, 2025, saw Figma's stock surge by 250% on its first trading day, closing at $115.50 per share [2].

The company's revenue grew by 46% year-over-year (YoY) to $228 million in the first quarter of 2025, despite reporting a $3.74 per share loss in 2024. Figma's strong financials and its aggressive push into generative AI have drawn investor attention. The company's collaborative design platform is widely adopted by major brands, with 95% of Fortune 500 companies using its platform [2].

The IPO, which priced at $33.00 per share, saw a total of 36,937,080 shares offered, with 12,472,657 shares from Figma and 24,464,423 shares from existing stockholders. The offering was led by Morgan Stanley, Goldman Sachs & Co. LLC, Allen & Company LLC, and J.P. Morgan, with BofA Securities, Wells Fargo Securities, and RBC Capital Markets also acting as book-running managers [2].

Figma's strong market reception and growth potential are evident in its stock performance and valuation. The company's software, designed for web and mobile app interfaces, has expanded its product suite to include AI technologies. Figma's adjusted gross margin around 92% provides ample flexibility for future investments and product development [2].

The IPO marks a significant milestone for Figma, which was founded in 2012 and has since grown from a design tool to a connected, AI-powered platform. Figma's co-founder, Dylan Field, led the company to a $68 billion valuation following its IPO, signaling a potential revival in the tech IPO market [1].

References:
[1] https://www.cnbc.com/2025/07/31/figmas-top-vcs-sitting-on-20-billion-in-stock-after-ipo-pop.html
[2] https://www.ainvest.com/news/figma-ipo-surges-250-valuation-reaches-56-3-billion-2508/