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Sirius Investors
Figma, Inc.

Figma, Inc.

FIG
NYSE•Technology

Market Capitalization & Enterprise Value

Research-grade valuation history for FIG. Track market capitalization versus enterprise value to see the impact of net debt and share changes. Use the interactive chart to explore different horizons; the table updates accordingly to support auditability and export.

Quick links:Overview•Financial Metrics•Technicals•Returns•Financials•Performance

Market Cap & Enterprise Value

Comparison of market capitalization and enterprise value over time

Market Cap

Market Capitalization = Stock Price × Number of Shares Outstanding. Represents the total value of a company's equity.
19.10B
-66.08% over period
CAGR: -41.72%
Compound Annual Growth Rate - The mean annual growth rate over time, accounting for compounding effects.

Enterprise Value

Enterprise Value = Market Cap + Total Debt - Cash and Cash Equivalents. Represents the total value of a company including its debt.
18.81B
-65.83% over period
CAGR: -41.50%
Compound Annual Growth Rate - The mean annual growth rate over time, accounting for compounding effects.

Market Cap History

Investor Valuation Insights

As of Mar 31, 2026

EV/EBITDA

Distorted

-79.02x

Negative EV/EBITDA usually means negative EBITDA; compare with revenue and cash flow metrics.

EV vs Market Cap Spread

-289.15M

EV is -1.5% vs equity value

Capital Structure Signal

Net Cash Profile

EV premium trend: +0.7 pp vs earliest data

Additional Multiples

EV/Sales: 32.14x

Net Debt/EBITDA: 2.58x

Share count change in dataset: +4.84%

Interpretation guide: EV/EBITDA compares total firm value (debt + equity - cash) to operating earnings. Lower is usually cheaper, but always benchmark against peers, growth rate, margins, and cyclicality.

Market Cap & Enterprise Value Data

Free users can view the latest 3 records. Upgrade to see full history.

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DateMarket CapEnterprise ValueStock PriceShares
Dec 31, 202519.10B18.81B$37.37511.04M
Dec 31, 202451.77B51.31B$115.50448.21M
Dec 31, 202356.30B55.05B$115.50487.46M

Enterprise Value Analysis

Price Change (Dec 2024 to Dec 2025)

The stock price has decreased from Dec 2024 to Dec 2025.
-67.65%

Recent Volatility

The stock price has been relatively volatile over the last 3 periods, indicating a higher risk profile.
0.34

Risk-Adjusted Return

The stock's returns do not compensate for its risk level, suggesting a poor risk-reward profile.
-1.00

Market Cap Change (Dec 2024 to Dec 2025)

The company's market capitalization has decreased from Dec 2024 to Dec 2025.
-63.11%

Enterprise Value Change (Dec 2024 to Dec 2025)

The company's enterprise value has decreased from Dec 2024 to Dec 2025, suggesting a decline in the company's total economic value.
-63.34%

Market Cap vs. Enterprise Value

A lower enterprise value growth rate compared to market cap growth could suggest that the company is reducing debt or increasing cash reserves.
Market Cap Growth > EV Growth

Market Cap CAGR

The Compound Annual Growth Rate (CAGR) of market capitalization represents the mean annual growth rate over the entire available history (3 periods), accounting for compounding effects.
-41.72%

Enterprise Value CAGR

The Compound Annual Growth Rate (CAGR) of enterprise value represents the mean annual growth rate over the entire available history (3 periods), accounting for compounding effects.
-41.50%