Figma (FIG) Operating Expenses (2024 - 2025)
Figma's (FIG) quarterly Operating Expenses came in at $445.0 million in Q4 2025, up 199.02% year-on-year from $148.8 million in Q4 2024, and down 66.47% quarter-over-quarter from $1.3 billion in Q3 2025.
Figma (FIG) Operating Expenses (2024 - 2025) Analysis & Trends
Figma has disclosed Operating Expenses across 2 years of filings, most recently posting $445.0 million for Q4 2025.
- Operating Expenses for Q4 2025 came in at $445.0 million, up 199.02% year-over-year; the trailing twelve-month figure through Dec 2025 was $2.1 billion (up 52.03% YoY), and the FY2025 annual result was $2.2 billion, up 40.4% from the prior year.
- Operating Expenses came in at $445.0 million for Q4 2025 at Figma, down from $1.3 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.3 billion in Q3 2025 to a low of $148.8 million in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -269.42 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.16 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 6.22 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 1.04 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 2.33 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 3.67 Bn |
| 10 | Figma | 6.08 Bn | 4.43 Bn | 249.47 Mn | 444.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 444.98 Mn |
| Sep 30, 2025 | 1.33 Bn |
| Jun 30, 2025 | 219.68 Mn |
| Dec 31, 2024 | 148.81 Mn |
| Sep 30, 2024 | 227.27 Mn |
| Jun 30, 2024 | 1.03 Bn |