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.
The filing highlights Figma’s continued growth and expanding global footprint, with more than half of its revenue now generated outside the US.
It serves 450,000 customers, including large enterprises such as Netflix and Stripe.
The company has recently moved into content management and digital assets, acquiring two firms and investing in Bitcoin and stablecoins.
Founder Dylan Field, who retains majority voting power, said listing on public markets would bring broader ownership and long-term flexibility.
The move comes amid a tentative revival in US technology listings following a prolonged slowdown.