Figma, Inc. (FIG) Balance Sheet

NYSE: FIGAssets, liabilities, debt and equity over 3 years.

FIG balance sheet, 2025

December 31, 2025 · U.S. dollars

$2.35B assets = $837.6M liabilities + $1.51B equity

Both columns are drawn to the same scale: what FIG owns equals what it owes plus shareholders’ equity. Hover a block for its value.

FIG financial health

Current ratio2.58

Comfortable · current assets cover current liabilities 2.58×

Debt / equity0.08

Low leverage · $0.08 of debt for each $1 of equity

Equity / assets64.3%

Equity-funded · of assets funded by shareholders

Cash / debt1,448.5%

Cash covers debt · cash & short-term investments vs total debt

Goodwill & intangibles5.1%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

FIG balance sheet trends, 2023–2025

Figma, Inc. balance sheet trends
Metric	Then	Latest	Change
Total assets	$1.60B2023	$2.35B2025	+21.1%/yr
Total liabilities	$558.8M2023	$837.6M2025	+22.4%/yr
Shareholders’ equity	$1.04B2023	$1.51B2025	+20.3%/yr
Cash & short-term investments	$1.42B2023	$1.66B2025	+8.0%/yr
Total debt	$14.6M2023	$114.3M2025	+179.9%/yr
Net cash (debt)	$1.40B2023	$1.54B2025	+$137.1M
Working capital	$992.6M2023	$1.23B2025	+$236.0M
Book value per share	$2.142023	$2.962025	+17.5%/yr
Current ratio	2.822023	2.582025	−0.24
Debt / equity	0.012023	0.082025	+0.06
Shares outstanding	487.5M2023	511.0M2025	+2.4%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

FIG assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

FIG liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

FIG debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

FIG balance sheet

Figma, Inc. annual balance sheet
	2025	2024	2023
Assets
Cash & short-term investments	$1.66B	$1.46B	$1.42B
Cash & equivalents	$403.5M	$487.0M	$1.27B
Short-term investments	$1.25B	$970.9M	$149.0M
Receivables	$247.9M	$131.3M	$90.1M
Inventory	$0	$0	$0
Other current assets	$100.8M	$48.9M	$28.4M
Total current assets	$2.00B	$1.64B	$1.54B
Property, plant & equipment (net)	$42.3M	$43.8M	$11.6M
Goodwill & intangible assets	$120.5M	$13.9M	$14.5M
Long-term investments	$15.1M	$0	$0
Other non-current assets	$165.6M	$97.4M	$38.2M
Total assets	$2.35B	$1.79B	$1.60B
Liabilities
Accounts payable	$4.5M	$4.2M	$3.7M
Short-term debt	$2.6M	$10.9M	$12.5M
Deferred revenue	—	$385.9M	$261.5M
Total current liabilities	$776.1M	$447.0M	$545.1M
Long-term debt	$0	$0	$0
Lease obligations	$58.5M	$28.8M	$14.6M
Other long-term liabilities	$61.5M	$22.1M	$13.7M
Total liabilities	$837.6M	$469.1M	$558.8M
Shareholders' equity
Common stock & paid-in capital	$4,000	$1,000	$0
Retained earnings (deficit)	−$1.44B	−$192.9M	$540.1M
Accumulated other comprehensive income	$4.0M	$1.3M	$265,000
Total shareholders' equity	$1.51B	$1.32B	$1.04B
Key figures
Total debt	$114.3M	$28.8M	$14.6M
Net cash (debt)	$1.54B	$1.43B	$1.40B
Working capital	$1.23B	$1.19B	$992.6M
Tangible book value	$1.39B	$1.31B	$1.03B
Book value per share	$2.96	$2.95	$2.14
Shares outstanding	511.0M	448.2M	487.5M
Current ratio	2.58	3.66	2.82
Quick ratio	2.45	3.56	2.77
Debt / equity	0.08	0.02	0.01
Equity / assets	64.3%	73.8%	65.1%

Figma, Inc. quarterly balance sheet
	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Dec '23
Assets
Cash & short-term investments	$1.67B	$1.64B	$1.66B	$1.61B	$1.62B	$1.54B	$1.46B	$1.42B
Cash & equivalents	$445.8M	$405.7M	$403.5M	$236.7M	$621.6M	$618.6M	$400.8M	$1.20B
Short-term investments	$1.22B	$1.23B	$1.25B	$1.37B	$1.00B	$923.2M	$1.06B	$221.4M
Receivables	$190.9M	$188.4M	$247.9M	$156.0M	$124.7M	$113.1M	$131.3M	$90.1M
Inventory	$0	$0	$0	$0	$0	$0	$0	$0
Other current assets	$119.0M	$109.6M	$100.8M	$59.5M	$60.1M	$59.6M	$31.0M	$17.5M
Total current assets	$1.98B	$1.94B	$2.00B	$1.82B	$1.81B	$1.71B	$1.62B	$1.53B
Property, plant & equipment (net)	$100.6M	$85.4M	$77.4M	$78.7M	$80.9M	$83.7M	$43.8M	$25.3M
Goodwill & intangible assets	$114.8M	$114.1M	$120.5M	$40.6M	$37.8M	$13.7M	$13.9M	$14.5M
Long-term investments	$0	$11.8M	$15.1M	$0	$0	$0	$0	$0
Other non-current assets	$158.8M	$143.1M	$130.5M	$130.6M	$107.8M	$102.9M	$115.3M	$35.4M
Total assets	$2.35B	$2.29B	$2.35B	$2.07B	$2.03B	$1.91B	$1.79B	$1.60B
Liabilities
Accounts payable	$26.1M	$8.9M	$4.5M	$13.4M	$12.0M	$3.9M	$4.2M	$3.7M
Short-term debt	$8.7M	$2.5M	$2.6M	$4.7M	$9.4M	$11.2M	$10.9M	$12.5M
Deferred revenue	$626.8M	$627.7M	$595.3M	$473.6M	$437.8M	$413.4M	$381.4M	$253.6M
Total current liabilities	$806.7M	$774.5M	$776.1M	$622.5M	$546.6M	$484.4M	$447.0M	$545.1M
Long-term debt	$0	$0	$0	$0	$0	$0	$0	$0
Lease obligations	$67.8M	$56.2M	$58.5M	$61.2M	$64.7M	$66.8M	—	—
Other long-term liabilities	$66.7M	$59.4M	$61.5M	$62.2M	$60.9M	$59.9M	$22.1M	$13.7M
Total liabilities	$873.4M	$833.8M	$837.6M	$684.7M	$607.4M	$544.4M	$469.1M	$558.8M
Shareholders' equity
Common stock & paid-in capital	$4,000	$4,000	$4,000	$4,000	$1,000	$1,000	$1,000	—
Retained earnings (deficit)	−$1.70B	−$1.59B	−$1.44B	−$1.22B	−$119.8M	−$148.0M	−$192.9M	$540.1M
Accumulated other comprehensive income	−$2.6M	−$168,000	$4.0M	$3.4M	$2.5M	$2.1M	$1.3M	$265,000
Total shareholders' equity	$1.48B	$1.46B	$1.51B	$1.39B	$1.43B	$1.37B	$1.32B	$1.04B
Key figures
Total debt	$67.8M	$56.2M	$114.3M	$61.2M	$64.7M	$66.8M	$28.8M	$14.6M
Net cash (debt)	$1.60B	$1.58B	$1.54B	$1.55B	$1.56B	$1.48B	$1.43B	$1.40B
Working capital	$1.17B	$1.16B	$1.23B	$1.20B	$1.26B	$1.23B	$1.17B	$981.7M
Tangible book value	$1.36B	$1.34B	$1.39B	$1.35B	$1.39B	$1.36B	$1.31B	$1.03B
Book value per share	$2.80	$2.78	$2.96	$2.82	$2.93	$2.89	$2.72	$2.14
Shares outstanding	527.5M	523.5M	511.0M	492.7M	487.5M	474.8M	487.5M	487.5M
Current ratio	2.45	2.50	2.58	2.93	3.31	3.54	3.62	2.80
Quick ratio	2.30	2.36	2.45	2.83	3.20	3.42	3.56	2.77
Debt / equity	0.05	0.04	0.08	0.04	0.05	0.05	0.02	0.01
Equity / assets	62.9%	63.6%	64.3%	67.0%	70.1%	71.6%	73.8%	65.1%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 18, 2026); data from EODHD.

FIG financial position

At the end of fiscal 2025 (December 31, 2025), Figma had total assets of $2.3 billion (up 31.0% from a year earlier), total liabilities of $837.6 million and shareholders' equity of $1.5 billion. It held $1.7 billion in cash and short-term investments against $114.3 million of debt, a net cash position of $1.5 billion. Its current ratio was 2.58. In the latest quarter (ended June 30, 2026) total assets were $2.4 billion and equity $1.5 billion.

Related: FIG income statement, FIG cash flow statement, FIG key metrics. See the FIG stock overview for the latest quote and news.

FIG balance sheet FAQ

What are Figma's total assets?

Figma reported total assets of $2.3 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.8 billion a year earlier.

How much debt does Figma have?

Figma had $114.3 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.08.

How much cash does Figma have?

Figma held $1.7 billion in cash and short-term investments at the end of fiscal 2025; with $114.3 million of debt that is net cash of $1.5 billion.

What is Figma's book value?

Figma's shareholders' equity (book value) was $1.5 billion at the end of fiscal 2025, or $2.96 per share.

What is Figma's current ratio?

Figma had current assets of $2.0 billion and current liabilities of $776.1 million, a current ratio of 2.58 (it can cover its short-term obligations).

How much goodwill does Figma have?

Figma carried $120.5 million of goodwill and intangible assets, 5.1% of total assets, at the end of fiscal 2025.