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Side-by-side financial comparison of Ecovyst Inc. (ECVT) and Figma, Inc. (FIG). Click either name above to swap in a different company.

Figma, Inc. is the larger business by last-quarter revenue ($274.2M vs $199.4M, roughly 1.4× Ecovyst Inc.). On growth, Figma, Inc. posted the faster year-over-year revenue change (38.0% vs 34.0%). Figma, Inc. produced more free cash flow last quarter ($49.5M vs $22.9M).

Ecovyst Inc. is a global sustainable specialty materials provider that develops and manufactures high-performance catalysts and functional additives. Its offerings serve key segments including industrial manufacturing, consumer goods, and environmental protection, helping clients improve operational efficiency and lower carbon emissions across North America, Europe, and Asia-Pacific markets.

Figma is a collaborative web application for interface design, with additional offline features enabled by desktop applications for macOS and Windows. The feature set of Figma focuses on user interface and user experience design, with an emphasis on real-time collaboration, utilizing a variety of vector graphics editor and prototyping tools. The Figma mobile app for Android and iOS allows viewing and interacting with Figma prototypes in real-time on mobile and tablet devices.

ECVT vs FIG — Head-to-Head

Bigger by revenue
FIG
FIG
1.4× larger
FIG
$274.2M
$199.4M
ECVT
Growing faster (revenue YoY)
FIG
FIG
+4.1% gap
FIG
38.0%
34.0%
ECVT
More free cash flow
FIG
FIG
$26.5M more FCF
FIG
$49.5M
$22.9M
ECVT

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ECVT
ECVT
FIG
FIG
Revenue
$199.4M
$274.2M
Net Profit
$-1.1B
Gross Margin
23.4%
69.4%
Operating Margin
10.9%
-414.6%
Net Margin
-400.1%
Revenue YoY
34.0%
38.0%
Net Profit YoY
-6933.0%
EPS (diluted)
$0.06
$-2.72

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ECVT
ECVT
FIG
FIG
Q4 25
$199.4M
Q3 25
$204.9M
$274.2M
Q2 25
$176.1M
$249.6M
Q1 25
$143.1M
Q4 24
$148.9M
Q3 24
$153.9M
$198.6M
Q2 24
$154.0M
$177.2M
Q1 24
$141.6M
Net Profit
ECVT
ECVT
FIG
FIG
Q4 25
Q3 25
$-79.3M
$-1.1B
Q2 25
$6.0M
$28.2M
Q1 25
$-3.6M
Q4 24
Q3 24
$14.3M
$-15.6M
Q2 24
$8.3M
$-827.9M
Q1 24
$1.2M
Gross Margin
ECVT
ECVT
FIG
FIG
Q4 25
23.4%
Q3 25
25.4%
69.4%
Q2 25
22.8%
88.8%
Q1 25
13.3%
Q4 24
28.9%
Q3 24
29.3%
90.6%
Q2 24
27.3%
77.7%
Q1 24
23.5%
Operating Margin
ECVT
ECVT
FIG
FIG
Q4 25
10.9%
Q3 25
13.8%
-414.6%
Q2 25
9.0%
0.8%
Q1 25
-0.7%
Q4 24
15.1%
Q3 24
17.9%
-23.8%
Q2 24
14.1%
-504.7%
Q1 24
9.5%
Net Margin
ECVT
ECVT
FIG
FIG
Q4 25
Q3 25
-38.7%
-400.1%
Q2 25
3.4%
11.3%
Q1 25
-2.5%
Q4 24
Q3 24
9.3%
-7.9%
Q2 24
5.4%
-467.2%
Q1 24
0.9%
EPS (diluted)
ECVT
ECVT
FIG
FIG
Q4 25
$0.06
Q3 25
$-0.69
$-2.72
Q2 25
$0.05
$0.00
Q1 25
$-0.03
Q4 24
$-0.26
Q3 24
$0.12
$-0.07
Q2 24
$0.07
$-4.39
Q1 24
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ECVT
ECVT
FIG
FIG
Cash + ST InvestmentsLiquidity on hand
$197.2M
$1.6B
Total DebtLower is stronger
$392.6M
Stockholders' EquityBook value
$603.4M
$1.4B
Total Assets
$1.3B
$2.1B
Debt / EquityLower = less leverage
0.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ECVT
ECVT
FIG
FIG
Q4 25
$197.2M
Q3 25
$82.0M
$1.6B
Q2 25
$69.6M
$1.6B
Q1 25
$127.5M
Q4 24
$131.4M
Q3 24
$123.5M
$416.1M
Q2 24
$83.3M
$586.1M
Q1 24
$103.1M
Total Debt
ECVT
ECVT
FIG
FIG
Q4 25
$392.6M
Q3 25
$854.8M
Q2 25
$856.6M
Q1 25
$859.0M
Q4 24
$860.8M
Q3 24
$862.7M
Q2 24
$862.4M
Q1 24
$866.2M
Stockholders' Equity
ECVT
ECVT
FIG
FIG
Q4 25
$603.4M
Q3 25
$607.9M
$1.4B
Q2 25
$692.4M
$1.4B
Q1 25
$698.7M
Q4 24
$700.5M
Q3 24
$729.4M
$1.2B
Q2 24
$717.3M
$862.4M
Q1 24
$711.4M
Total Assets
ECVT
ECVT
FIG
FIG
Q4 25
$1.3B
Q3 25
$1.7B
$2.1B
Q2 25
$1.8B
$2.0B
Q1 25
$1.8B
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$1.8B
Q1 24
$1.8B
Debt / Equity
ECVT
ECVT
FIG
FIG
Q4 25
0.65×
Q3 25
1.41×
Q2 25
1.24×
Q1 25
1.23×
Q4 24
1.23×
Q3 24
1.18×
Q2 24
1.20×
Q1 24
1.22×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ECVT
ECVT
FIG
FIG
Operating Cash FlowLast quarter
$41.8M
$51.2M
Free Cash FlowOCF − Capex
$22.9M
$49.5M
FCF MarginFCF / Revenue
11.5%
18.0%
Capex IntensityCapex / Revenue
9.4%
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$69.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ECVT
ECVT
FIG
FIG
Q4 25
$41.8M
Q3 25
$55.3M
$51.2M
Q2 25
$33.0M
Q1 25
$10.3M
Q4 24
$43.5M
Q3 24
$59.9M
Q2 24
$10.0M
Q1 24
$36.5M
Free Cash Flow
ECVT
ECVT
FIG
FIG
Q4 25
$22.9M
Q3 25
$53.2M
$49.5M
Q2 25
$7.8M
Q1 25
$-14.0M
Q4 24
$30.9M
Q3 24
$53.6M
Q2 24
$-9.3M
Q1 24
$19.1M
FCF Margin
ECVT
ECVT
FIG
FIG
Q4 25
11.5%
Q3 25
26.0%
18.0%
Q2 25
4.4%
Q1 25
-9.8%
Q4 24
20.7%
Q3 24
34.9%
Q2 24
-6.1%
Q1 24
13.5%
Capex Intensity
ECVT
ECVT
FIG
FIG
Q4 25
9.4%
Q3 25
1.0%
0.6%
Q2 25
14.4%
Q1 25
16.9%
Q4 24
8.5%
Q3 24
4.1%
Q2 24
12.5%
Q1 24
12.3%
Cash Conversion
ECVT
ECVT
FIG
FIG
Q4 25
Q3 25
Q2 25
5.52×
Q1 25
Q4 24
Q3 24
4.21×
Q2 24
1.20×
Q1 24
29.90×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ECVT
ECVT

Industrial Mining Automotive$101.3M51%
Regeneration And Treatment Services$90.0M45%
Other$8.1M4%

FIG
FIG

Non Us$147.4M54%
US$126.8M46%

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