Growth Metrics

Figma (FIG) Research & Development (2024 - 2025)

Figma recorded quarterly Research & Development of $195.8 million in Q4 2025, down 71.24% quarter-over-quarter from $680.9 million in Q3 2025, and up 234.47% year-over-year from $58.6 million in Q4 2024.

Figma's Research & Development history runs 2 years deep, the most recent figure standing at $195.8 million for Q4 2025.

  • In Q4 2025, Research & Development rose 234.47% year-over-year to $195.8 million; the TTM figure through Dec 2025 stood at $1.0 billion (changed N/A YoY), while the FY2025 annual figure was $1.0 billion, up 37.09% from the prior year.
  • Research & Development came in at $195.8 million for Q4 2025 at Figma, down from $680.9 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $680.9 million in Q3 2025 to a low of $58.6 million in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -1.99 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 1.62 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 951.00 Mn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 437.00 Mn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 823.00 Mn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 508.44 Mn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 1.11 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 253.90 Mn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 840.00 Mn
10 Figma 7.65 Bn 6.00 Bn 249.47 Mn 195.84 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 195.84 Mn
Sep 30, 2025 680.89 Mn
Jun 30, 2025 83.05 Mn
Dec 31, 2024 58.55 Mn
Sep 30, 2024 104.18 Mn
Jun 30, 2024 535.68 Mn