Figma, Inc. develops and sells a collaborative, browser-based platform for designing, prototyping, building digital experiences, and subscriptions for access to its platform. ...
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Est. EPS $0.29 · Revenue $1.47B · 8 analysts
Est. EPS $0.09 · Revenue $459.26M · 8 analysts
Est. EPS $0.09 · Revenue $478.74M · 8 analysts
Est. EPS $0.36 · Revenue $1.82B · 7 analysts
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $1.1B | +41.0% | +11.0% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $-1.3B | -70.8% | +21.2% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +82.4% | -6.7% | +5.4% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | -122.2% | -4.3% | +23.1% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | -118.4% | -21.2% | +29.0% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $246.2M | +456.2% | -38.8% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +23.3% | +352.7% | -44.9% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 7.6% | +248.3% | +18.9% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 2.58x | -29.5% | -2.0% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $2.3B | +31.0% | +2.6% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | -2.45 vs 0.38 | -746.4% | -0.21 vs 0.09 | -342.3% |
| Revenue Surprise | $1.1B vs $1.0B | +0.9% | $370.1M vs $459.3M | -19.4% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Sep 1, 2026 | Melwani Praveer | officer: CFO and Treasurer | Class A Common Stock | D | 7,037 | $27.49 |
| Sep 1, 2026 | Mulligan Brendan | officer: General Counsel and Secretary | Class A Common Stock | D | 9,435 | $27.49 |
| Sep 1, 2026 | Voskanian Shaunt | officer: Chief Revenue Officer | Class A Common Stock | D | 8,080 | $27.49 |
| Sep 1, 2026 | Herb Tyler | officer: Chief Accounting Officer | Class A Common Stock | D | 1,838 | $27.49 |
| Aug 28, 2026 | Lilly III John Osborne | director | Class A Common Stock | A | 330,306 | — |
Operator: Hello, everyone. Thank you for joining us, and welcome to the Figma Second Quarter 2026 Earnings Call. [Operator Instructions] I will now hand the conference over to Kate DeLeo, Vice President of Investor Relations. Kate, please go ahead. Kate DeLeo: Good afternoon, and thank you for joining us on today's conference call to discuss Figma's results for the second quarter of 2026. On the call, we have Dylan Field, Figma's Co-Founder and Chief Executive Officer; and Praveer Melwani, our Chief Financial Officer. During the course of today's call, we may make forward-looking statements, including, but not limited to, statements regarding our guidance and future financial performance, market demand, product development, growth prospects, business strategies and plans, partnerships, ability to attract and retain customers and ability to compete effectively. These forward-looking statements are based on management's current views and assumptions and should not be relied upon as of any subsequent date, and we disclaim any obligation to update any forward-looking statements. Actual results may vary materially from today's statements. Information concerning our risks, uncertainties and other factors that could cause results to differ from these forward-looking statements are included in our filings with the SEC, including our quarterly report on Form 10-Q for the quarter ended June 30, 2026. Our discussion today will include certain non-GAAP financial measures. These non-GAAP financial measures should be considered in addition to, not as a substitute or in isolation from GAAP measures. Our non-GAAP measures exclude the effect of our GAAP results of stock-based compensation and certain other items. Reconciliations of non-GAAP financial measures to comparable GAAP measures can be found in our press release accompanying this call, which is posted to the Investor Relations page on our website. I would now like to turn the conference call over to Dylan. Dylan Field: Hi, everyone, and thanks for joining. I'm excited to share the results of another strong quarter for Figma. In Q2, we delivered $370 million in revenue, representing a year-over-year growth rate of 48% and our third consecutive quarter of accelerated growth. Q2 was also our first full quarter of AI monetization. And what we're seeing follows a pattern that is familiar to Figma, a core group of users driving outsized usage, paving the way for broader adoption across the organization. This gives us confidence in the AI consumption opportunity ahead. On the P&L front, net dollar retention rate was 136%. Non-GAAP gross profit dollars grew by 40% year-over-year, an acceleration on the previous quarter. Non-GAAP operating margin was 10%, reflecting the typical seasonal impact of Config. Free cash flow margin was 14%, and we ended Q2 with $1.7 billion in cash, cash equivalents and marketable securities. These numbers reflect incredible execution from the Figma team. They also show that as …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Dylan Field | Chief Executive Officer, President & Chairman | USD 2,447,440 | Male | 1993 | Active |
Praveer Melwani | Chief Financial Officer & Treasurer | USD 1,481,183 | Male | 1991 | Active |
Kris Rasmussen | Chief Technology Officer | USD 1,157,433 | Male | 1984 | Active |
Shaunt Voskanian | Chief Revenue Officer | USD 858,405 | Male | 1984 | Active |
Brendan Mulligan | General Counsel & Secretary | — | Male | 1984 | Active |
Sheila Vashee | Chief Marketing Officer | — | Female | — | Active |
Nairi Hourdajian | Chief Communications Officer | — | Female | — | Active |
Nadia Singer | Chief People Officer | — | Female | — | Active |
Kate DeLeo | Vice President of Business Operations & Investor Relations | — | — | — | Active |
Tyler Herb | Chief Accounting Officer | — | Male | — | Active |
Figma is rated Hold as valuation remains high despite strong growth and AI-driven expansion. FIG's revenue growth decelerated to 41% YoY in 2025, with gross margin compressing from ~89% to ~82%. Stock-based compensation is a major concern, driving a large GAAP operating loss and significant shareholder dilution.
Figma, Inc. (FIG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Its collaboration platform works well enough. But it's not the only name in this increasingly competitive business.
Entropy Technologies LP purchased a new stake in shares of Figma, Inc. (NYSE: FIG) in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 107,071 shares of the company's stock, valued at approximately $2,263,000. Several other institutional investors
Figma shows stronger and more consistent revenue momentum compared to International Business Machines. Figma posted uninterrupted quarter-over-quarter revenue growth, while IBM experienced ongoing volatility in its totals.
| Report Date | Employees | Form Type | Filing Date | SEC Filing |
|---|---|---|---|---|
| Dec 31, 2025 | 1,886 | 10-K | Feb 18, 2026 | View |
