--- title: Figma moves closer to a blockbuster IPO that could raise... description: Figma filed its S-1 document for a potential $1.5 billion IPO, revealing strong financials with $749 million revenue in 2024 (48% growth) and 91% gross... canonical: https://daily.dev/posts/figma-moves-closer-to-a-blockbuster-ipo-that-could-raise-1-5b-ryvnurtrr twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Figma moves closer to a blockbuster IPO that could raise $1.5B | daily.dev og:description: Figma filed its S-1 document for a potential $1.5 billion IPO, revealing strong financials with $749 million revenue in 2024 (48% growth) and 91% gross... og:url: https://daily.dev/posts/figma-moves-closer-to-a-blockbuster-ipo-that-could-raise-1-5b-ryvnurtrr og:image: https://api.daily.dev/og/posts/RYVNUrtrr.png og:image:alt: Figma moves closer to a blockbuster IPO that could raise $1.5B og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Figma moves closer to a blockbuster IPO that could raise $1.5B **[TechCrunch](https://daily.dev/sources/tc)** · 4 min read · 0 upvotes · 1 comments ## Summary Figma filed its S-1 document for a potential $1.5 billion IPO, revealing strong financials with $749 million revenue in 2024 (48% growth) and 91% gross margins. The design software company returned to profitability after a temporary loss in 2023 due to employee stock compensation. CEO Dylan Field controls 75% of voting rights, while co-founder Evan Wallace left in 2021. The company faces competitive pressure from AI-powered design tools but has developed its own AI products to maintain market position. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Community discussion Top comments from developers on daily.dev. **@hifron** · 0 upvotes > Figma is ugly, Figma is problem for developers and designers who want advanced or even simpler thing which could stand of market dominations not causal inference. Systemic approach in Figma for Market is still present, but not the every Developer Case approach presented or Needed, their way of think, Their Success. ## Similar posts on daily.dev - [Don’t just attend KubeCon \+ CloudNativeCon, Merge Forward your experience\!](https://daily.dev/posts/don-t-just-attend-kubecon-cloudnativecon-merge-forward-your-experience--l0rpp73x8) · CNCF · 1 upvotes · 0 comments - [Announcing H2 2026 KCDs](https://daily.dev/posts/announcing-h2-2026-kcds-m96goajm1) · CNCF · 1 upvotes · 0 comments - [Two months of Open Community Groups](https://daily.dev/posts/two-months-of-open-community-groups-asf52zhbs) · CNCF · 0 upvotes · 0 comments --- Tags: [#ai](https://daily.dev/tags/ai), [#figma](https://daily.dev/tags/figma), [#ipo](https://daily.dev/tags/ipo), [#design-tools](https://daily.dev/tags/design-tools) [View this post on daily.dev](https://daily.dev/posts/figma-moves-closer-to-a-blockbuster-ipo-that-could-raise-1-5b-ryvnurtrr) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Figma moves closer to a blockbuster IPO that could raise $1.5B","url":"https://daily.dev/posts/figma-moves-closer-to-a-blockbuster-ipo-that-could-raise-1-5b-ryvnurtrr","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/figma-moves-closer-to-a-blockbuster-ipo-that-could-raise-1-5b-ryvnurtrr"},"datePublished":"2025-07-01T21:58:20.072Z","dateModified":"2025-07-01T23:50:26.164Z","description":"Figma filed its S-1 document for a potential $1.5 billion IPO, revealing strong financials with $749 million revenue in 2024 (48% growth) and 91% gross...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/0a7597491ec6e6d1f4adcdca81692176?_a=AQAEulh","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/0a7597491ec6e6d1f4adcdca81692176?_a=AQAEulh","isAccessibleForFree":true,"articleSection":"TechCrunch","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"TechCrunch","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tc","url":"https://daily.dev/sources/tc"},"commentCount":1,"discussionUrl":"https://daily.dev/posts/figma-moves-closer-to-a-blockbuster-ipo-that-could-raise-1-5b-ryvnurtrr","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":1}],"keywords":"ai,figma,ipo,design-tools","timeRequired":"PT4M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"TechCrunch","item":"https://daily.dev/sources/tc"},{"@type":"ListItem","position":3,"name":"Figma moves closer to a blockbuster IPO that could raise $1.5B"}]} {"@context":"https://schema.org","@type":"WebPage","@id":"https://daily.dev/posts/figma-moves-closer-to-a-blockbuster-ipo-that-could-raise-1-5b-ryvnurtrr","comment":[{"@type":"Comment","text":"Figma is ugly, Figma is problem for developers and designers who want advanced or even simpler thing which could stand of market dominations not causal inference. 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