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

Figma, Inc. is the larger business by last-quarter revenue ($274.2M vs $273.0M, roughly 1.0× Forestar Group Inc.). Forestar Group Inc. runs the higher net margin — 5.6% vs -400.1%, a 405.8% gap on every dollar of revenue. On growth, Figma, Inc. posted the faster year-over-year revenue change (38.0% vs 9.0%). Figma, Inc. produced more free cash flow last quarter ($49.5M vs $-157.1M).

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.

Forestar Group Inc. is a residential lot development company based in Arlington, Texas. The company has operations in 51 markets in 21 states and delivered 11,518 residential lots during the twelve-month period ended December 31, 2020. The company is publicly traded on the New York Stock Exchange and in October 2017 became a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States since 2002. The company primarily acquires entitled real estate and...

FIG vs FOR — Head-to-Head

Bigger by revenue
FIG
FIG
1.0× larger
FIG
$274.2M
$273.0M
FOR
Growing faster (revenue YoY)
FIG
FIG
+29.0% gap
FIG
38.0%
9.0%
FOR
Higher net margin
FOR
FOR
405.8% more per $
FOR
5.6%
-400.1%
FIG
More free cash flow
FIG
FIG
$206.6M more FCF
FIG
$49.5M
$-157.1M
FOR

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
FIG
FIG
FOR
FOR
Revenue
$274.2M
$273.0M
Net Profit
$-1.1B
$15.4M
Gross Margin
69.4%
20.1%
Operating Margin
-414.6%
7.6%
Net Margin
-400.1%
5.6%
Revenue YoY
38.0%
9.0%
Net Profit YoY
-6933.0%
-6.7%
EPS (diluted)
$-2.72
$0.30

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
FIG
FIG
FOR
FOR
Q4 25
$273.0M
Q3 25
$274.2M
$670.5M
Q2 25
$249.6M
$390.5M
Q1 25
$351.0M
Q4 24
$250.4M
Q3 24
$198.6M
$551.3M
Q2 24
$177.2M
$318.4M
Q1 24
$333.8M
Net Profit
FIG
FIG
FOR
FOR
Q4 25
$15.4M
Q3 25
$-1.1B
$86.9M
Q2 25
$28.2M
$32.9M
Q1 25
$31.6M
Q4 24
$16.5M
Q3 24
$-15.6M
$81.5M
Q2 24
$-827.9M
$38.7M
Q1 24
$45.0M
Gross Margin
FIG
FIG
FOR
FOR
Q4 25
20.1%
Q3 25
69.4%
22.3%
Q2 25
88.8%
20.4%
Q1 25
22.6%
Q4 24
22.0%
Q3 24
90.6%
23.9%
Q2 24
77.7%
22.5%
Q1 24
24.9%
Operating Margin
FIG
FIG
FOR
FOR
Q4 25
7.6%
Q3 25
-414.6%
16.9%
Q2 25
0.8%
11.2%
Q1 25
11.6%
Q4 24
8.7%
Q3 24
-23.8%
19.7%
Q2 24
-504.7%
16.2%
Q1 24
17.6%
Net Margin
FIG
FIG
FOR
FOR
Q4 25
5.6%
Q3 25
-400.1%
13.0%
Q2 25
11.3%
8.4%
Q1 25
9.0%
Q4 24
6.6%
Q3 24
-7.9%
14.8%
Q2 24
-467.2%
12.2%
Q1 24
13.5%
EPS (diluted)
FIG
FIG
FOR
FOR
Q4 25
$0.30
Q3 25
$-2.72
$1.70
Q2 25
$0.00
$0.65
Q1 25
$0.62
Q4 24
$0.32
Q3 24
$-0.07
$1.59
Q2 24
$-4.39
$0.76
Q1 24
$0.89

Balance Sheet & Financial Strength

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

Metric
FIG
FIG
FOR
FOR
Cash + ST InvestmentsLiquidity on hand
$1.6B
$211.7M
Total DebtLower is stronger
$793.2M
Stockholders' EquityBook value
$1.4B
$1.8B
Total Assets
$2.1B
$3.2B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIG
FIG
FOR
FOR
Q4 25
$211.7M
Q3 25
$1.6B
$379.2M
Q2 25
$1.6B
$189.2M
Q1 25
$174.3M
Q4 24
$132.0M
Q3 24
$416.1M
$481.2M
Q2 24
$586.1M
$359.2M
Q1 24
$416.2M
Total Debt
FIG
FIG
FOR
FOR
Q4 25
$793.2M
Q3 25
$802.7M
Q2 25
$872.8M
Q1 25
$872.5M
Q4 24
$806.8M
Q3 24
$706.4M
Q2 24
$706.1M
Q1 24
$705.7M
Stockholders' Equity
FIG
FIG
FOR
FOR
Q4 25
$1.8B
Q3 25
$1.4B
$1.8B
Q2 25
$1.4B
$1.7B
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$1.2B
$1.6B
Q2 24
$862.4M
$1.5B
Q1 24
$1.5B
Total Assets
FIG
FIG
FOR
FOR
Q4 25
$3.2B
Q3 25
$2.1B
$3.1B
Q2 25
$2.0B
$3.1B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$2.8B
Q2 24
$2.7B
Q1 24
$2.6B
Debt / Equity
FIG
FIG
FOR
FOR
Q4 25
0.44×
Q3 25
0.45×
Q2 25
0.52×
Q1 25
0.53×
Q4 24
0.50×
Q3 24
0.44×
Q2 24
0.47×
Q1 24
0.48×

Cash Flow & Capital Efficiency

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

Metric
FIG
FIG
FOR
FOR
Operating Cash FlowLast quarter
$51.2M
$-157.0M
Free Cash FlowOCF − Capex
$49.5M
$-157.1M
FCF MarginFCF / Revenue
18.0%
-57.5%
Capex IntensityCapex / Revenue
0.6%
0.0%
Cash ConversionOCF / Net Profit
-10.19×
TTM Free Cash FlowTrailing 4 quarters
$93.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIG
FIG
FOR
FOR
Q4 25
$-157.0M
Q3 25
$51.2M
$256.3M
Q2 25
$15.8M
Q1 25
$-19.8M
Q4 24
$-450.0M
Q3 24
$119.2M
Q2 24
$-61.7M
Q1 24
$-59.2M
Free Cash Flow
FIG
FIG
FOR
FOR
Q4 25
$-157.1M
Q3 25
$49.5M
$255.6M
Q2 25
$15.0M
Q1 25
$-20.5M
Q4 24
Q3 24
$118.4M
Q2 24
$-62.3M
Q1 24
$-59.8M
FCF Margin
FIG
FIG
FOR
FOR
Q4 25
-57.5%
Q3 25
18.0%
38.1%
Q2 25
3.8%
Q1 25
-5.8%
Q4 24
Q3 24
21.5%
Q2 24
-19.6%
Q1 24
-17.9%
Capex Intensity
FIG
FIG
FOR
FOR
Q4 25
0.0%
Q3 25
0.6%
0.1%
Q2 25
0.2%
Q1 25
0.2%
Q4 24
0.0%
Q3 24
0.1%
Q2 24
0.2%
Q1 24
0.2%
Cash Conversion
FIG
FIG
FOR
FOR
Q4 25
-10.19×
Q3 25
2.95×
Q2 25
0.48×
Q1 25
-0.63×
Q4 24
-27.27×
Q3 24
1.46×
Q2 24
-1.59×
Q1 24
-1.32×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FIG
FIG

Non Us$147.4M54%
US$126.8M46%

FOR
FOR

D.R.Horton Inc.$183.8M67%
Other$89.2M33%

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