Figma Stock Price Soars: IPO Debut at $33 Per Share Marks a $19.3 Billion Valuation

Figma has made a stunning entry into the public markets, officially pricing its IPO at $33 per share and achieving a market valuation of approximately $19.3 billion. This impressive debut, exceeding its previously suggested price range of $30–32, confirms investor confidence in the collaborative design software firm. With trading on the New York Stock Exchange under the ticker symbol “FIG” commencing on July 31, 2025, Figma’s IPO is now one of the most talked-about tech listings of the year.

Figma Stock Price Debut and Market Valuation

The figma stock price surged beyond expectations, positioning the company among the top tech IPOs of 2025. Priced at $33, Figma raised nearly $1.2 billion by selling approximately 36.9 million shares—12.5 million newly issued and 24.5 million from existing shareholders. While the IPO’s final valuation stands just under Adobe’s canceled $20 billion acquisition bid, it still reflects immense investor enthusiasm.

This fully diluted valuation considers all outstanding options and equity grants, offering a comprehensive view of the company’s worth. Depending on share count assumptions, some analysts peg the final valuation slightly higher—ranging from $19.5 billion to $19.8 billion.

Strong Business Fundamentals and Financial Metrics

Figma’s business growth has been robust. In 2024, it generated $749 million in revenue, marking a 48% year-over-year increase. The first quarter of 2025 has kept that momentum alive with a 46% revenue growth and a net income turnaround of $44.9 million—an impressive reversal from its 2024 loss of $732 million. That loss was largely due to one-time stock compensation and tax liabilities, not operational deficiencies.

Profitability and margins also tell a strong story. With a gross margin of 91% and operating margins of 18%, Figma is not just growing—it’s doing so efficiently. The company has over 13 million monthly active users and more than 11,100 enterprise clients, emphasizing its market penetration and recurring revenue potential.

From Adobe Fallout to IPO Success

Figma’s public debut is particularly notable given its dramatic backstory. Adobe’s proposed $20 billion acquisition of Figma in 2022 was blocked in late 2023 by antitrust regulators in the U.S., U.K., and E.U. Despite receiving a $1 billion termination fee from Adobe, Figma had to navigate internal restructuring. CEO Dylan Field halved the internal valuation to $10 billion and offered voluntary buyouts to stabilize morale. Only 4% of the workforce opted for the exit, reinforcing internal commitment.

That strategic reset paid off. By mid-2025, Figma not only recovered but emerged stronger. New AI-driven design tools and a developer-focused coding suite helped bolster its value proposition, contributing to the company’s stellar IPO launch.

Leadership, Ownership, and Future Outlook

CEO Dylan Field now commands a stake valued at over $1.3 billion, exercising control over nearly 74% of Figma’s voting rights via super-voting Class B shares. His cofounder, Evan Wallace, donated a third of his shares to the Marin Community Foundation, showcasing a philanthropic angle to this IPO story.

Major VC firms such as Sequoia Capital, Greylock, Index Ventures, and Kleiner Perkins have reaped substantial gains, with Index Ventures holding a stake now worth $2.1 billion. This IPO success could trigger a resurgence in tech IPOs, potentially paving the way for Canva, Databricks, and others to follow suit.

Key Takeaways from the Figma IPO

• IPO Price: $33/share

• Shares Sold: ~36.9 million

• Funds Raised: ~$1.2 billion

• Market Valuation: ~$19.3–19.8 billion

• 2024 Revenue: $749 million

• Q1 2025 Net Profit: $44.9 million

• Ticker Symbol: FIG

The figma stock price now reflects not just financial metrics, but a broader validation of the company’s independent vision, strategic pivots, and long-term potential in the design software landscape.

You Must Know

What is the Figma stock price today?

Figma debuted at $33 per share on July 31, 2025, and is trading under the ticker “FIG” on the New York Stock Exchange.

Why did Figma go public?

Following the failed Adobe acquisition, Figma aimed to regain autonomy and fund future growth through public capital markets, solidifying its long-term strategy.

How does Figma’s IPO impact the design software market?

The IPO has bolstered investor confidence in design-centric platforms and may spark more public listings in this sector, including companies like Canva and Replit.

Who are the major winners from Figma’s IPO?

CEO Dylan Field, cofounder Evan Wallace, and VC firms such as Index Ventures, Kleiner Perkins, and Sequoia Capital stand as major beneficiaries.

What’s next for Figma stock?

With strong financials and user growth, investors are optimistic. Future product launches, AI integration, and expanding enterprise solutions could further boost the stock.