Figma moves closer to a blockbuster IPO that could raise $1.5B | TechCrunch
Briefly

Figma revealed its financials, suggesting an impending IPO, aiming to raise up to $1.5 billion. Revenue in 2024 reached $749 million, reflecting a 48% growth from 2023, while Q1 2025 showed a continued 46% increase. Despite a significant loss of $732 million due to employee stock compensation in 2023, Figma returned to profitability by Q4 2024. The company claims negligible total debt, with no major executives or VCs currently known to be selling shares, though such information is still to be confirmed.
Figma brought in $749 million in revenue in 2024, a 48% jump from 2023, continuing to rise with a 46% year-over-year growth in Q1 2025.
Figma's total debt is negligible, reporting none, although it has a revolving debt line that could potentially be updated in the future.
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