FIG Stock Recent News

In this podcast, Motley Fool analyst Jason Moser and contributor Lou Whiteman discuss:

LONDON, July 03, 2025 (GLOBE NEWSWIRE) -- Blackbird plc (AIM: BIRD), developer of the market-leading cloud video platform Blackbird and the browser-based collaborative video editor elevate.io, announces a successful £2 million top-up raise. This fully subscribed investment will accelerate elevate.io's move from proven product-market fit to scale-up phase.

Figma is experiencing rapid revenue growth, strong operating profit, and impressive Rule of 40 metrics, positioning it as a standout in SaaS IPOs. The company platform's international reach, Fortune 500 penetration, and high net revenue retention highlight robust demand and customer loyalty. FIG plans to use IPO proceeds to pay down debt and fuel growth, especially in AI integration, product expansion, and global markets.

Figma filed its S-1 to go public, potentially commanding a high valuation ($20B+), but valuation concerns remain as recent IPOs typically underperform initially. Figma, founded by Dylan Field and Evan Wallace, evolved from UX/UI design into an end-to-end product design and prototyping platform used widely, with rapid revenue growth (~46% YoY). AI integration is central to Figma's growth strategy, allowing rapid prototyping without coding. However, Adobe, OpenAI, and Anthropic pose significant competitive threats.

Cloud-based design platform Figma has filed to go public in what could be one of the year's biggest initial public offerings. Bloomberg's Katie Roof discusses the plan with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.

CNBC's Andrew Ross Sorkin reports on the latest news.

Design software company Figma has filed for a stock market listing in the United States, less than a year after its proposed $20bn sale to Adobe Inc (NASDAQ:ADBE) was blocked by UK competition regulators. The San Francisco-based group reported first-quarter revenue of $228.2 million, up 46% on the year, and net income of $44.9 million.

Less than two years after agreeing with Adobe to call off plans for a megadeal, Figma has filed IPO paperwork and could embrace Wall Street in its own right.

Figma publicly shared its financials Tuesday, inching the design software company closer to an IPO. And while this initial S-1 is missing details such as number of shares to be offered and what price, the regulatory filing provides the clearest view yet of its financial health — and potential.

The collaborative design tool Figma continues its march toward going public in one of the most highly anticipated IPOs in the history of design software.