The Motley Fool analysis favors UiPath over Figma for 2026, citing four straight profitable quarters and lower valuation multiples. Figma's FY2025 revenue grew 41% to nearly $1.1 billion, but it posted a $1.3 billion net loss and faces AI competition.
UiPath's fiscal year ended Jan. 31, 2026, brought nearly $1.6 billion in revenue, up 12.7% year over year, and about $282.3 million in net income. Listed valuation multiples are 15.9x forward P/E and 3.9x price-to-sales for UiPath, versus 73.1x and 8.0x for Figma. The article notes that valuation data may vary by provider.
Figma has roughly 690,000 paid customers and reported nearly $246.2 million in free cash flow for FY2025, but stock-based compensation was about 544.2% of operating cash flow, which the article says inflates reported cash generation. UiPath's 89% revenue concentration in 10% of its customers is a countervailing risk; both companies also face competition and generative-AI risks.
