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Figma Inc
NYSE:FIG

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Figma Inc
NYSE:FIG
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Price: 24.035 USD -7.27% Market Closed
Market Cap: $11.9B

Figma Inc
Investor Relations

Figma Inc is a US-based company operating in Software industry. Figma, Inc. designs and develops platforms for people who build digital products together. The firm helps cross-functional teams align and build software more efficiently and ensure the advanced access and controls that large organizations require. Its products include Figma Design, Dev Mode, Figma Sites, Figma Make, Figma Draw, Figma Buzz, FigJam and Figma Slides. Figma Sites is a product that lets clients design a Website and directly publish it to the Web, with a custom URL. Figma Make is an AI-powered tool that turns a prompt into a fully functional prototype. Figma Buzz is a product for easily creating marketing assets (like social media assets and digital ads) at a scale that is consistent with brand or visual identity. Figma Draw provides a space for finer vector editing required when drawing detailed iconography and product illustrations. Figma Design combines powerful features with a collaborative workspace to help teams design and build better products together.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 5, 2025
AI Summary
Q3 2025

Record Revenue: Figma reported Q3 revenue of $274 million, growing 38% year-over-year and surpassing its previous guidance.

Annual Run Rate: The company crossed $1 billion in annual revenue run rate for the first time.

Strong Customer Growth: Figma ended Q3 with 540,000 total paid customers, adding over 90,000 paid teams in just two quarters.

AI Product Momentum: Adoption of AI-driven features like Figma Make accelerated, with 30% of $100,000+ ARR customers using Make weekly by quarter-end.

Net Dollar Retention: Net dollar retention rose 2 points to 131% for larger customers, indicating strong expansion within accounts.

Raised Guidance: Management increased its revenue outlook for Q4 and FY 2025, now expecting $292–294 million in Q4 and $1.044–1.046 billion for the year.

Profitability Maintained: Despite investing in AI and growth, Figma posted a 12% operating margin and an 18% adjusted free cash flow margin.

Strategic Acquisition: Figma acquired Weavy (now Figma Weave) to bolster its AI and creative workflows.

Key Financials
Revenue
$274 million
Annual Revenue Run Rate
over $1 billion
Paid Customers
540,000
Net Dollar Retention
131%
Gross Margin
86%
Operating Income
$34 million
Operating Margin
12%
Adjusted Free Cash Flow
$49 million
Adjusted Free Cash Flow Margin
18%
Cash, Cash Equivalents and Marketable Securities
$1.6 billion
Customers Using Figma Make (weekly, $100K+ ARR segment)
approximately 30%
Paid Customers Spending Over $10,000 in ARR
nearly 13,000
Paid Customers Spending Over $100,000 in ARR
over 1,250
Customers Using Three or More Products
more than 70%
Multiyear Deals (customer count increase)
27% quarter-over-quarter increase
International Revenue Growth
42% in Q3
Earnings Call Recording
Other Earnings Calls

Management

Mr. Dylan Field
CEO, President & Chairman
No Bio Available
Mr. Praveer Melwani
CFO & Treasurer
No Bio Available
Mr. Shaunt Voskanian
Chief Revenue Officer
No Bio Available
Mr. Tyler Herb
Chief Accounting Officer
No Bio Available
Mr. Kris Rasmussen
Chief Technology Officer
No Bio Available
Mr. Brendan Mulligan
General Counsel & Secretary
No Bio Available
Ms. Nairi Hourdajian
Chief Communications Officer
No Bio Available
Ms. Sheila Vashee
Chief Marketing Officer
No Bio Available
Ms. Nadia Singer
Chief People Officer
No Bio Available
Mr. Yuhki Yamashita
Chief Product Officer
No Bio Available

Contacts

Address
Contacts
+14158905404
www.figma.com