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Side-by-side financial comparison of Figma, Inc. (FIG) and SCOTTS MIRACLE-GRO CO (SMG). Click either name above to swap in a different company.

SCOTTS MIRACLE-GRO CO is the larger business by last-quarter revenue ($354.4M vs $274.2M, roughly 1.3× Figma, Inc.). SCOTTS MIRACLE-GRO CO runs the higher net margin — -35.3% vs -400.1%, a 364.8% gap on every dollar of revenue. On growth, Figma, Inc. posted the faster year-over-year revenue change (38.0% vs -15.0%). Figma, Inc. produced more free cash flow last quarter ($49.5M vs $-390.4M).

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.

The Scotts Miracle-Gro Company is an American multinational corporation headquartered in Marysville, Ohio, where O.M. Scott began selling lawn seed in 1868. The company manufactures and sells consumer lawn, garden and pest control products, as well as soilless indoor gardening equipment. In the U.S., the company manufactures Scotts, Miracle-Gro and Ortho brands. It also markets and distributes the herbicide Roundup in the U.S. and several international markets including China.

FIG vs SMG — Head-to-Head

Bigger by revenue
SMG
SMG
1.3× larger
SMG
$354.4M
$274.2M
FIG
Growing faster (revenue YoY)
FIG
FIG
+53.0% gap
FIG
38.0%
-15.0%
SMG
Higher net margin
SMG
SMG
364.8% more per $
SMG
-35.3%
-400.1%
FIG
More free cash flow
FIG
FIG
$439.9M more FCF
FIG
$49.5M
$-390.4M
SMG

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
FIG
FIG
SMG
SMG
Revenue
$274.2M
$354.4M
Net Profit
$-1.1B
$-125.0M
Gross Margin
69.4%
25.0%
Operating Margin
-414.6%
-6.2%
Net Margin
-400.1%
-35.3%
Revenue YoY
38.0%
-15.0%
Net Profit YoY
-6933.0%
-79.9%
EPS (diluted)
$-2.72
$-2.16

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
SMG
SMG
Q4 25
$354.4M
Q3 25
$274.2M
$387.3M
Q2 25
$249.6M
$1.2B
Q1 25
$1.4B
Q4 24
$416.8M
Q3 24
$198.6M
$414.7M
Q2 24
$177.2M
$1.2B
Q1 24
$1.5B
Net Profit
FIG
FIG
SMG
SMG
Q4 25
$-125.0M
Q3 25
$-1.1B
Q2 25
$28.2M
$149.1M
Q1 25
$217.5M
Q4 24
$-69.5M
Q3 24
$-15.6M
Q2 24
$-827.9M
$132.1M
Q1 24
$157.5M
Gross Margin
FIG
FIG
SMG
SMG
Q4 25
25.0%
Q3 25
69.4%
6.1%
Q2 25
88.8%
31.8%
Q1 25
38.6%
Q4 24
22.7%
Q3 24
90.6%
-7.1%
Q2 24
77.7%
29.5%
Q1 24
30.4%
Operating Margin
FIG
FIG
SMG
SMG
Q4 25
-6.2%
Q3 25
-414.6%
-38.8%
Q2 25
0.8%
18.1%
Q1 25
24.3%
Q4 24
-12.2%
Q3 24
-23.8%
-52.1%
Q2 24
-504.7%
16.6%
Q1 24
17.8%
Net Margin
FIG
FIG
SMG
SMG
Q4 25
-35.3%
Q3 25
-400.1%
Q2 25
11.3%
12.6%
Q1 25
15.3%
Q4 24
-16.7%
Q3 24
-7.9%
Q2 24
-467.2%
11.0%
Q1 24
10.3%
EPS (diluted)
FIG
FIG
SMG
SMG
Q4 25
$-2.16
Q3 25
$-2.72
$-2.58
Q2 25
$0.00
$2.54
Q1 25
$3.72
Q4 24
$-1.21
Q3 24
$-0.07
$-4.21
Q2 24
$-4.39
$2.28
Q1 24
$2.74

Balance Sheet & Financial Strength

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

Metric
FIG
FIG
SMG
SMG
Cash + ST InvestmentsLiquidity on hand
$1.6B
$8.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$-500.6M
Total Assets
$2.1B
$3.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIG
FIG
SMG
SMG
Q4 25
$8.3M
Q3 25
$1.6B
$36.6M
Q2 25
$1.6B
$51.1M
Q1 25
$16.9M
Q4 24
$9.8M
Q3 24
$416.1M
$71.6M
Q2 24
$586.1M
$279.9M
Q1 24
$65.1M
Total Debt
FIG
FIG
SMG
SMG
Q4 25
Q3 25
$2.1B
Q2 25
Q1 25
Q4 24
Q3 24
$2.2B
Q2 24
Q1 24
Stockholders' Equity
FIG
FIG
SMG
SMG
Q4 25
$-500.6M
Q3 25
$1.4B
$-357.5M
Q2 25
$1.4B
$-170.9M
Q1 25
$-290.1M
Q4 24
$-479.5M
Q3 24
$1.2B
$-390.6M
Q2 24
$862.4M
$-146.2M
Q1 24
$-250.9M
Total Assets
FIG
FIG
SMG
SMG
Q4 25
$3.0B
Q3 25
$2.1B
$2.7B
Q2 25
$2.0B
$3.1B
Q1 25
$3.5B
Q4 24
$3.2B
Q3 24
$2.9B
Q2 24
$3.5B
Q1 24
$3.9B

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
SMG
SMG
Operating Cash FlowLast quarter
$51.2M
$-370.4M
Free Cash FlowOCF − Capex
$49.5M
$-390.4M
FCF MarginFCF / Revenue
18.0%
-110.2%
Capex IntensityCapex / Revenue
0.6%
5.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$358.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIG
FIG
SMG
SMG
Q4 25
$-370.4M
Q3 25
$51.2M
$174.1M
Q2 25
$454.4M
Q1 25
$188.1M
Q4 24
$-445.3M
Q3 24
$118.5M
Q2 24
$588.0M
Q1 24
$304.2M
Free Cash Flow
FIG
FIG
SMG
SMG
Q4 25
$-390.4M
Q3 25
$49.5M
$131.2M
Q2 25
$437.5M
Q1 25
$179.8M
Q4 24
$-474.6M
Q3 24
$101.9M
Q2 24
$574.8M
Q1 24
$287.9M
FCF Margin
FIG
FIG
SMG
SMG
Q4 25
-110.2%
Q3 25
18.0%
33.9%
Q2 25
36.8%
Q1 25
12.7%
Q4 24
-113.9%
Q3 24
24.6%
Q2 24
47.8%
Q1 24
18.9%
Capex Intensity
FIG
FIG
SMG
SMG
Q4 25
5.6%
Q3 25
0.6%
11.1%
Q2 25
1.4%
Q1 25
0.6%
Q4 24
7.0%
Q3 24
4.0%
Q2 24
1.1%
Q1 24
1.1%
Cash Conversion
FIG
FIG
SMG
SMG
Q4 25
Q3 25
Q2 25
3.05×
Q1 25
0.86×
Q4 24
Q3 24
Q2 24
4.45×
Q1 24
1.93×

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%

SMG
SMG

Growing Media And Mulch$111.5M31%
Lawn Care$109.5M31%
Controls$59.8M17%
Other Products Primarily Gardening$23.9M7%
Restated Marketing Agreement$19.4M5%
Growingmedia$12.6M4%
Otherprimarilygardeningandcontrols$10.2M3%
Other$7.5M2%

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