Added to YB: 2026-04-17
Pitch date: 2026-04-16
FIG [neutral]
Figma, Inc.
Author Info
No bio for this author
Company Info
Figma, Inc. develops and sells a collaborative, browser-based platform for designing, prototyping, building digital experiences, and subscriptions for access to its platform.
Market Cap
$9.6B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
-6.39
P/E
-4.96
EV/Sales
7.59
Sector
Software
Category
growth
Figma: When AI Builds the App, Who Designs the Experience?
FIG (overview): Collab design platform at $1B+ rev, +41% YoY, 136% NRR, expanding into non-designers. Figma Make (AI code gen) usage +70% QoQ; credit monetization started 3/18, est $100M+ incremental FY26 rev at 20% GM vs 86% core. Risks: Google Stitch, reported Anthropic tool threaten AI gen space; agent-driven UX could erode design premium long-term. Trading ~5.8x CY27 rev after 80% drawdown. Q1 ER key catalyst for credit revenue proof.
Read full article (10 min)