vs

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

GENESIS ENERGY LP is the larger business by last-quarter revenue ($440.8M vs $274.2M, roughly 1.6× Figma, Inc.). GENESIS ENERGY LP runs the higher net margin — 4.5% vs -400.1%, a 404.6% gap on every dollar of revenue. On growth, Figma, Inc. posted the faster year-over-year revenue change (38.0% vs 10.5%). GENESIS ENERGY LP produced more free cash flow last quarter ($87.0M vs $49.5M).

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.

Genesis Energy LP is a U.S.-based midstream energy limited partnership that operates critical infrastructure for crude oil, natural gas, refined petroleum products, and specialty industrial materials. Its core assets include pipelines, storage terminals, marine facilities, and rail logistics hubs, serving refineries, industrial clients, and energy distributors across North America.

FIG vs GEL — Head-to-Head

Bigger by revenue
GEL
GEL
1.6× larger
GEL
$440.8M
$274.2M
FIG
Growing faster (revenue YoY)
FIG
FIG
+27.5% gap
FIG
38.0%
10.5%
GEL
Higher net margin
GEL
GEL
404.6% more per $
GEL
4.5%
-400.1%
FIG
More free cash flow
GEL
GEL
$37.5M more FCF
GEL
$87.0M
$49.5M
FIG

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
FIG
FIG
GEL
GEL
Revenue
$274.2M
$440.8M
Net Profit
$-1.1B
$19.9M
Gross Margin
69.4%
Operating Margin
-414.6%
20.4%
Net Margin
-400.1%
4.5%
Revenue YoY
38.0%
10.5%
Net Profit YoY
-6933.0%
140.2%
EPS (diluted)
$-2.72
$0.04

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
GEL
GEL
Q4 25
$440.8M
Q3 25
$274.2M
$414.0M
Q2 25
$249.6M
$377.3M
Q1 25
$398.3M
Q4 24
$398.9M
Q3 24
$198.6M
$397.3M
Q2 24
$177.2M
$430.2M
Q1 24
$434.4M
Net Profit
FIG
FIG
GEL
GEL
Q4 25
$19.9M
Q3 25
$-1.1B
$9.2M
Q2 25
$28.2M
$-406.0K
Q1 25
$-469.1M
Q4 24
$-49.4M
Q3 24
$-15.6M
$-17.2M
Q2 24
$-827.9M
$-8.7M
Q1 24
$11.4M
Gross Margin
FIG
FIG
GEL
GEL
Q4 25
Q3 25
69.4%
Q2 25
88.8%
Q1 25
Q4 24
Q3 24
90.6%
Q2 24
77.7%
Q1 24
Operating Margin
FIG
FIG
GEL
GEL
Q4 25
20.4%
Q3 25
-414.6%
19.0%
Q2 25
0.8%
17.9%
Q1 25
5.5%
Q4 24
3.4%
Q3 24
-23.8%
12.2%
Q2 24
-504.7%
11.6%
Q1 24
13.4%
Net Margin
FIG
FIG
GEL
GEL
Q4 25
4.5%
Q3 25
-400.1%
2.2%
Q2 25
11.3%
-0.1%
Q1 25
-117.8%
Q4 24
-12.4%
Q3 24
-7.9%
-4.3%
Q2 24
-467.2%
-2.0%
Q1 24
2.6%
EPS (diluted)
FIG
FIG
GEL
GEL
Q4 25
$0.04
Q3 25
$-2.72
$-0.05
Q2 25
$0.00
$-0.12
Q1 25
$-4.06
Q4 24
$-0.58
Q3 24
$-0.07
$-0.32
Q2 24
$-4.39
$-0.25
Q1 24
$-0.09

Balance Sheet & Financial Strength

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

Metric
FIG
FIG
GEL
GEL
Cash + ST InvestmentsLiquidity on hand
$1.6B
$6.4M
Total DebtLower is stronger
$3.0B
Stockholders' EquityBook value
$1.4B
Total Assets
$2.1B
$4.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIG
FIG
GEL
GEL
Q4 25
$6.4M
Q3 25
$1.6B
$4.9M
Q2 25
$1.6B
$4.5M
Q1 25
$377.4M
Q4 24
$7.4M
Q3 24
$416.1M
$13.0M
Q2 24
$586.1M
$13.7M
Q1 24
$7.0M
Total Debt
FIG
FIG
GEL
GEL
Q4 25
$3.0B
Q3 25
$3.1B
Q2 25
$3.1B
Q1 25
$3.4B
Q4 24
$3.7B
Q3 24
$4.0B
Q2 24
$3.9B
Q1 24
$3.8B
Stockholders' Equity
FIG
FIG
GEL
GEL
Q4 25
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
Q4 24
Q3 24
$1.2B
Q2 24
$862.4M
Q1 24
Total Assets
FIG
FIG
GEL
GEL
Q4 25
$4.9B
Q3 25
$2.1B
$4.9B
Q2 25
$2.0B
$4.8B
Q1 25
$5.2B
Q4 24
$7.0B
Q3 24
$7.1B
Q2 24
$7.0B
Q1 24
$6.9B

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
GEL
GEL
Operating Cash FlowLast quarter
$51.2M
$110.8M
Free Cash FlowOCF − Capex
$49.5M
$87.0M
FCF MarginFCF / Revenue
18.0%
19.7%
Capex IntensityCapex / Revenue
0.6%
5.4%
Cash ConversionOCF / Net Profit
5.58×
TTM Free Cash FlowTrailing 4 quarters
$65.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIG
FIG
GEL
GEL
Q4 25
$110.8M
Q3 25
$51.2M
$70.3M
Q2 25
$47.0M
Q1 25
$24.8M
Q4 24
$74.0M
Q3 24
$87.3M
Q2 24
$104.7M
Q1 24
$125.9M
Free Cash Flow
FIG
FIG
GEL
GEL
Q4 25
$87.0M
Q3 25
$49.5M
$43.3M
Q2 25
$-7.6M
Q1 25
$-56.8M
Q4 24
$-47.1M
Q3 24
$-32.3M
Q2 24
$-67.5M
Q1 24
$-48.3M
FCF Margin
FIG
FIG
GEL
GEL
Q4 25
19.7%
Q3 25
18.0%
10.5%
Q2 25
-2.0%
Q1 25
-14.3%
Q4 24
-11.8%
Q3 24
-8.1%
Q2 24
-15.7%
Q1 24
-11.1%
Capex Intensity
FIG
FIG
GEL
GEL
Q4 25
5.4%
Q3 25
0.6%
6.5%
Q2 25
14.5%
Q1 25
20.5%
Q4 24
30.3%
Q3 24
30.1%
Q2 24
40.0%
Q1 24
40.1%
Cash Conversion
FIG
FIG
GEL
GEL
Q4 25
5.58×
Q3 25
7.63×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
11.09×

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%

GEL
GEL

Onshore Facilities And Transportation Revenue$204.2M46%
Offshore Pipeline Transportation Revenue$154.3M35%
Marine Transportation Revenue$82.2M19%

Related Comparisons