Figma (FIG) Operating Expenses (2024 - 2025)
Figma (FIG) reported Operating Expenses of $445.0 million for Q4 2025, up 199.02% on a YoY basis from $148.8 million in Q4 2024, and down 66.47% sequentially from $1.3 billion in Q3 2025.
Figma (FIG) Operating Expenses (2024 - 2025) Analysis & Trends
Figma (FIG) has 2 years of Operating Expenses data on file, last reported at $445.0 million in Q4 2025.
- For the quarter ending Q4 2025, Operating Expenses rose 199.02% year-over-year to $445.0 million; the trailing twelve-month figure through Dec 2025 stood at $2.1 billion (changed N/A YoY), and the FY2025 full-year result was $2.2 billion, up 40.4% from the prior year.
- Operating Expenses eased to $445.0 million in Q4 2025, 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 | 208.91 Bn | 189.27 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -269.42 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.16 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 11.28 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.22 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 2.66 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 4.23 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 1.25 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 1.04 Bn |
| 10 | Figma | 6.73 Bn | 5.08 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 |