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5 hours ago
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Design tool Figma has revealed in its initial public offering filing that it is spending a massive $300,000 on cloud computing services daily.
Described as a "collaborative interface design tool," Figma is hosted by Amazon Web Services (AWS), and according to the S-1 filing, uses "computing, storage capabilities, bandwidth, and other services" from the cloud giant.
The filing states that Figma entered into a renewed hosting agreement with AWS on May 31, 2025, which commits to "a minimum of $545 million in cloud hosting services over the next five years."
This works out at $298,466.59 daily in costs to Figma. How this is broken down into storage, compute, or bandwidth costs is not detailed. DCD has reached out for more information.
In addition to the high hosting cost, Figma notes that its platform is entirely dependent on AWS' performance and can be affected by outages. In addition, AWS has "discretion to change and interpret its terms of service and other policies with respect to us, including on contract renewal, and those actions may be unfavorable to our business operations."
If AWS were to cancel the contract, Figma would be further challenged as its cloud service infrastructure is designed specifically to run on AWS.
High cloud computing costs are a known issue as companies scale up operations, in some cases leading to the repatriation of some workloads or data. A notable example is that of 37signals, which has been conducting a highly publicized full exit from AWS and Google.
The company has been working on ditching the cloud since 2022, when CTO David Heinemeier Hansson revealed that its annual bill was exceeding $3.2m. In October 2024, 37signals estimated that it had saved $2m that year by exiting the cloud. The latest phase of repatriation is seeing 37signals exiting AWS' S3 storage service, for which DHH estimates that the company will save around $1.3 million annually.
