Figma (FIG) Research & Development (2024 - 2025)
Figma (FIG) reported Research & Development of $134.2 million for Q4 2025, up 160.87% on a YoY basis from $51.4 million in Q4 2024, and down 51.15% sequentially from $274.8 million in Q3 2025.
Figma (FIG) Research & Development (2024 - 2025) Analysis & Trends
Figma (FIG) has 2 years of Research & Development data on file, last reported at $134.2 million in Q4 2025.
- For the quarter ending Q4 2025, Research & Development rose 160.87% year-over-year to $134.2 million; the trailing twelve-month figure through Dec 2025 stood at $271.5 million (changed N/A YoY), and the FY2025 full-year result was $575.5 million, up 21.91% from the prior year.
- Research & Development declined to $134.2 million in Q4 2025, from $274.8 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $535.7 million in Q2 2024 to a low of -$220.5 million in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -37.02 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 496.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.33 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 3.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.37 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 253.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 588.95 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 508.44 Mn |
| 10 | Figma | 6.73 Bn | 5.08 Bn | 249.47 Mn | 134.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 134.21 Mn |
| Sep 30, 2025 | 274.76 Mn |
| Jun 30, 2025 | 83.05 Mn |
| Dec 31, 2024 | -220.49 Mn |
| Sep 30, 2024 | 104.18 Mn |
| Jun 30, 2024 | 535.68 Mn |