Figma's stock has more than tripled in value since its IPO, reaching a market capitalization of around $60 billion. The design software maker is beating Adobe in some areas, with 95% of Fortune 500 companies using Figma. CEO Dylan Field expects further growth and plans to double down on AI investments. Figma's revenue surged 48% last year to $749 million, while Adobe's climbed 11% to $21.51 billion.
Figma Inc.'s stock has more than tripled in value since its initial public offering (IPO), reaching a market capitalization of around $60 billion. The design software maker's stock traded at $126.07 each as of 10:35 a.m. on Friday, July 2, 2025, in New York, following a volatile second trading day. The stock had jumped 250% on Thursday, marking the largest first-day pop in at least three decades for a US-traded company raising more than $1 billion [1].
The IPO, which priced the stock at $33 per share, raised $1.2 billion. Figma's stock reached as high as $112 before closing at $115.50, representing a 250% gain from its listing price. The company's market value is now $61.5 billion, based on outstanding shares listed in its filings. Accounting for employee stock options and restricted stock units, the fully diluted value is roughly $73 billion [1].
Figma's success comes as the company beats Adobe in some areas. With 95% of Fortune 500 companies using Figma, the design software maker has seen strong adoption among major corporations. Figma's CEO, Dylan Field, expects further growth and plans to double down on AI investments. The company's revenue surged 48% last year to $749 million, while Adobe's climbed 11% to $21.51 billion [2].
The IPO has also lifted the volume of first-time share sales on US exchanges, with more than $21 billion worth of US first-time share sales in the year to date. Demand for Figma's IPO was helped by an order-taking process similar to an auction, where prospective investors stated the number of shares they wished to buy and at what price [3].
References:
[1] https://www.bloomberg.com/news/articles/2025-08-01/figma-pares-second-day-surge-after-explosive-public-debut
[2] https://www.ainvest.com/news/figma-ipo-surges-250-68-billion-valuation-nyse-debut-2508/
[3] https://www.bloomberg.com/news/articles/2025-08-01/figma-pares-second-day-surge-after-explosive-public-debut
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