Rising Tech Star Figma a Step Away from a Possible $1.5B IPO, Revealing Sturdy Financial Health

In a move that could reshape the tech investment landscape, design software powerhouse Figma has taken a significant step toward launching its IPO. Revealing its financials to the public, Figma has edged closer to a potential blockbuster IPO that might raise up to $1.5 billion. While the initial S-1 filing to the SEC is still devoid of several pertinent details such as the number of shares to be offered and at what price, it nevertheless sheds light on the company’s robust financial health and untapped potential.

IPO specialists at Renaissance Capital suggest that the company could raise an eye-popping $1.5 billion from its offering. If realized, Figma’s IPO would be comparable to — if not superior to — CoreWeave’s, which raised an identical height and so far has been the most substantial tech IPO of 2025.

However, Figma’s profits tell an intriguing narrative. After posting profitable figures in 2023, the company reported a whopping loss of $732 million the following year. The reasons for this were chiefly extraordinary spending relating to an employee stock compensation event. Interestingly, by the end of 2024, Figma had bounced back into profitability — a trend that continued into the first quarter of 2025.

Despite minor debt concerns, the company’s financial outlook remains exceptionally promising. With its upcoming IPO and strong financials, Figma is poised to make a defining mark in the rapidly evolving global tech startup ecosystem.