Australian investors on Figma's $18.8 billion IPO. Learn about key financials, trading details, and investment strategies to navigate this major tech opportunity.

The company is well on its way to generating $1 billion of revenue in 2025 with steady profits a possibility too.

While investors are closely watching the evolving competitive dynamics with Adobe (NASDAQ: ADBE) and Canva, DA Davidson believes Figma “has a strong argument to remain a category leader” due to its “key role in product management workflows, collaboration capabilities, and partner ecosystem.”

Sometimes good things happen to nice guys. I’m talking about Dylan Field, one of the more grounded founder-CEOs you’re likely to meet in tech. His design software firm, Figma, looks to be sailing toward a very strong public debut in the next week.

It reported $228.2 million in revenue for the three months ended March 31, compared with $156.2 million a year earlier, and its net income jumped three-fold to $44.9 million.

The financials are impressive and founder CEO Dylan Field already cashed out $20 million worth of shares last year.

The company plans to list its shares on the New York Stock Exchange under the ticker symbol “FIG.” Chief Executive Officer Dylan Field has reportedly hinted that Figma could make acquisitions after going public.

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