EnterpriseSaaStrabout 2 hours ago
Figma Trades at 6x Revenue Despite 46% Growth
12 min read
Figma went public July 31, 2025 at $33, popped 250% to close at $115.50, and peaked at $142.92. The stock now trades around $19 with a $10 billion market cap, down 87% from the high. The business grew 46% with accelerating growth, 82% gross margins, and 27% free cash flow margin, trading at roughly 6x forward revenue.
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