Flagship explainer

How FIGMA, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$1.1B · 100%Cost of revenue$186M · 18%Gross profit$870M · 82%Operating income−$1.3B · −122%Income before tax−$1.2B · −116%Income tax$24.8M · 2%Net income−$1.3B · −118%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$1.1B100%
Cost of revenue$186M18%
$870M82%
−$1.3B−122%
Income before tax−$1.2B−116%
Income tax$24.8M2%
−$1.3B−118%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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