Figma to become a publicly traded company on the NYSE under 'FIG'

Figma has filed for an initial public offering and will trade on the New York Stock Exchange under the ticker symbol FIG. The move follows the company's earlier confidential IPO submission in April 2025, now made public, and marks a shift toward independence and long-term growth after its failed acquisition by Adobe.

Financially, Figma's revenue reached $228.2 million, up from $156.2 million during the same period last year. This growth is highlighted as the company looks to expand its platform and adjust its strategy for the public market. The planned $20 billion acquisition by Adobe was canceled in 2023, citing regulatory concerns from authorities in the United Kingdom and European Union, reinforcing the rationale for Figma’s renewed independent trajectory.

On the product front, Figma has recently broadened its platform to offer tools for website building, AI-assisted coding, branded content creation, and digital illustration. The company is also committing to substantial investments in artificial intelligence, recognizing that these plans may temporarily reduce efficiency. According to CEO Dylan Field, AI will play a central role in the evolution of design workflows, aligning with Figma's strategic priorities.