EV / ARR (Annualized Revenue) Multiple

This bar chart shows the EV / ARR multiples for select software companies as of December 31, 2025. Figma leads with a multiple of 15.5x, while the median across all shown companies is 8.7x.
| Label | Value shown on the chart |
|---|---|
| Figma | 15.5x |
| Sailpoint | 9.8x |
| CoreWeave | 9.2x |
| Netskope | 8.7x |
| Gloo | 7.6x |
| Hinge Health | 5.5x |
| Navan | 4.7x |
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