Adobe vs Figma (ADBE vs FIG)
Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.
Adobe is the larger company by revenue ($23.8B vs $1.1B) and market value ($92.7B vs $11.7B). Figma grew revenue faster in its latest fiscal year (+41.0% vs +10.5%).
About Adobe
Adobe Inc. develops software platforms and tools that support creativity, productivity, and personalized customer experiences. Its products serve business professionals, consumers, creators, creative professionals, and marketing professionals by providing AI-powered applications for content creation, document management, and digital marketing. Adobe offers integrated solutions that cover the entire content lifecycle, from ideation to delivery, across desktop, web, and mobile environments.
About Figma
Figma, Inc. provides a connected, AI-powered platform that enables teams to collaborate on designing, prototyping, and developing digital products and experiences. Its main products include FigJam for brainstorming and ideation, Figma Design and Figma Draw for high-fidelity design and vector editing, Dev Mode for translating designs into production-ready code, and Figma Make for AI-assisted rapid prototyping and software creation. Figma serves designers, developers, product managers, and other team members involved in the software creation lifecycle across various industries.
Head to head (ADBE FY2025 vs FIG FY2025)
| Metric | ADBEFY2025 | FIGFY2025 |
|---|---|---|
| Revenue | $23.77B | $1.06B |
| Revenue growth (YoY) | 10.5% | 41.0% |
| Gross margin | 89.3% | — |
| Operating margin | 36.6% | — |
| Net margin | 30.0% | — |
| Net income | $7.13B | $-1.25B |
| Diluted EPS | $16.70 | $-3.71 |
| FCF margin | 41.4% | — |
| ROE | 61.3% | -82.8% |
| Long-term debt / equity | 0.53× | — |
| Market cap | $92.68B | $11.69B |
| P/E | 13.3× | — |
Fundamentals are from each company’s SEC filings (ADBE FY2025, FIG FY2025). ROE is net income over fiscal-year-end equity; long-term debt / equity counts non-current term debt only. P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.
Five-year trend (as reported)
| ADBE by fiscal year | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $15.79B | $17.61B | $19.41B | $21.50B | $23.77B |
| Net income | $4.82B | $4.76B | $5.43B | $5.56B | $7.13B |
| Operating margin | 36.8% | 34.6% | 34.3% | 31.3% | 36.6% |
| FIG by fiscal year | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Revenue | $504.9M | $749.0M | $1.06B |
| Net income | $737.8M | $-732.1M | $-1.25B |
| Operating margin | — | -117.1% | — |
Adobe and Figma use different fiscal calendars (ADBE's FY2025 ended 2025-11-28, FIG's FY2025 ended 2025-12-31), so their fiscal years are shown separately rather than forced into one timeline.
Peer standing
Where each company ranks among the 331 software companies, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.
| Metric | ADBE | FIG |
|---|---|---|
| Revenue growth (YoY) | +10.5%49th percentile of 324 | +41.0%90th percentile of 324 |
| ROE | 61.3%94th percentile of 285 | -82.8%8th percentile of 285 |
| Short interest (days to cover) | 3.17d40th percentile of 328 | 2.46d30th percentile of 328 |
Short interest
| FINRA settlement data | ADBE | FIG |
|---|---|---|
| Shares sold short | 18.5M | 35.4M |
| Change vs prior settlement | +6.5% | -9.3% |
| Days to cover | 3.17 | 2.46 |
| As of settlement | 2026-09-15 | 2026-09-15 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.
Insider activity (last 90 days)
| Form 4 activity (codes P/S) | ADBE | FIG |
|---|---|---|
| Buys | 0 | 0 |
| Sells | 13 ($31.5M) | 24 ($34.1M) |
Non-derivative purchases (code P) and sales (code S) reported on SEC Form 4, which may be open-market or private (grants, exercises and tax withholding excluded). For context, about 15% of covered companies saw any reported insider purchase (code P) in a 90-day window.
Held by the same investors
5 tracked 13F managers hold both Adobe and Figma as of their latest quarterly filings: Citadel Advisors, D. E. Shaw, Millennium Management, Renaissance Technologies, Two Sigma Investments. See which superinvestors hold your own portfolio with the smart money checker.
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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.