Figma (NYSE:FIG) is gearing up to release its quarterly earnings on February 18, 2026. Analysts predict an earnings per share (EPS) of $0.07, with revenue expected to be around $293.2 million. Figma, known for its design and prototyping tools, has been expanding its product line with AI-integrated offerings like Figma Make and Figma Draw.
The company anticipates its fourth-quarter 2025 revenue to range between $292 million and $294 million, aligning closely with the Zacks Consensus Estimate of $293 million. This growth is largely driven by the launch of new AI-integrated products. However, rising costs in research and development, sales, and administrative expenses are putting pressure on operating margins.
Figma's customer base has grown significantly, with 90,000 new paid teams added over the past two quarters, totaling 540,000 customers. Notably, 30% of customers spending $100,000 or more annually are actively using Figma Make weekly. Despite this growth, the company's operating margins remain under pressure due to increased expenses.
The price-to-sales ratio is 11.33, showing investor willingness to pay $11.33 for every dollar of sales. The enterprise value to sales ratio is 11.15, reflecting a similar valuation relative to sales. The enterprise value to operating cash flow ratio is high at 51.27, indicating a high valuation compared to cash flow.
Figma's debt-to-equity ratio is low at 0.044, suggesting a conservative approach to leveraging equity. The current ratio of 2.93 indicates a strong ability to cover short-term liabilities with short-term assets. Figma's financial metrics show a company with growth potential and a solid customer base.
