We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Figma beat Q4 estimates with 8-cent EPS and 40% revenue growth to $303.7M.
Figma expanded its base, with 13,861 customers above $10K ARR and 1,405 above $100K ARR.
Figma sees 2026 revenues of $1.366B-$1.374B and operating income of $100M-$110M.
Figma (FIG - Free Report) came out with fourth-quarter 2025 earnings of 8 cents per share, beating the Zacks Consensus Estimate by 14.3%. The company reported earnings of 6 cents per share in the year-ago quarter.
Figma posted revenues of $303.7 million in the fourth quarter of 2025, surpassing the Zacks Consensus Estimate by 3.7%. Figma’s fourth-quarter 2025 revenues increased 40% year over year.
Figma shares gained 4.7% on Thursday’s pre-market session after strong results. Figma stock has plunged 67.3% in the past year, underperforming the Zacks Internet – Software industry’s decline of 16.8%.
Figma Six-Month Performance Chart
Image Source: Zacks Investment Research
Figma’s Quarterly Results in Detail
Figma’s non-GAAP gross profit rose 30.5% year over year to $261.79 million, with a non-GAAP gross margin of 86%, down 600 basis points from the prior-year quarter.
The company’s non-GAAP operating profit declined 22% year over year to $44 million, with a non-GAAP operating margin of 14%, down 1,200 basis points from the prior-year quarter.
Figma continued to show strong expansion within its customer base. Net dollar retention for customers with ARR above $10,000 increased to 136%, up five percentage points sequentially, reflecting deeper product adoption and growing usage across teams.
The company ended the quarter with 13,861 customers generating more than $10,000 in ARR, adding 951 customers in this category in the fourth quarter of 2025. The company now has 1,405 customers generating more than $100,000 in ARR, adding 143 customers in this category in the fourth quarter of 2025 alone.
The company’s non-GAAP net profit declined 18.7% year over year to $43.0 million.
FIG’s Balance Sheet
As of Dec. 31, 2025, Figma held $1.7 billion in cash and marketable securities.
Figma generated $39.9 million in operating cash flow and $38.5 million in adjusted free cash flow during the quarter.
Figma’s Q1 and 2026 Outlook
Figma provided guidance for the first quarter of 2026 and full-year 2026. Figma expects its first-quarter 2026 revenues to be between $315 million and $317 million, implying year-over-year growth of 38%. The Zacks Consensus Estimate for the first quarter of 2026 revenues is pinned at $294 million.
The company now projects its 2026 annual revenues between $1.366 billion and $1.374 billion, implying year-over-year growth of 30%. The Zacks Consensus Estimate for 2026 revenues is pegged at $1.05 billion.
Figma projects its 2026 non-GAAP operating income between $100 million and $110 million.
Analog Devices (ADI - Free Report) carries a Zacks Rank #2 at present. Analog Devices’ shares have jumped 39.7% in the trailing 12-month period.
Applied Optoelectronics (AAOI - Free Report) carries a Zacks Rank #2 at present. Applied Optoelectronics shares have surged 60.7% in the trailing 12-month period.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Figma's Q4 Earnings Surpass Expectations, Revenues Rise Y/Y
Key Takeaways
Figma (FIG - Free Report) came out with fourth-quarter 2025 earnings of 8 cents per share, beating the Zacks Consensus Estimate by 14.3%. The company reported earnings of 6 cents per share in the year-ago quarter.
Figma posted revenues of $303.7 million in the fourth quarter of 2025, surpassing the Zacks Consensus Estimate by 3.7%. Figma’s fourth-quarter 2025 revenues increased 40% year over year.
Figma shares gained 4.7% on Thursday’s pre-market session after strong results. Figma stock has plunged 67.3% in the past year, underperforming the Zacks Internet – Software industry’s decline of 16.8%.
Figma Six-Month Performance Chart
Image Source: Zacks Investment Research
Figma’s Quarterly Results in Detail
Figma’s non-GAAP gross profit rose 30.5% year over year to $261.79 million, with a non-GAAP gross margin of 86%, down 600 basis points from the prior-year quarter.
The company’s non-GAAP operating profit declined 22% year over year to $44 million, with a non-GAAP operating margin of 14%, down 1,200 basis points from the prior-year quarter.
Figma continued to show strong expansion within its customer base. Net dollar retention for customers with ARR above $10,000 increased to 136%, up five percentage points sequentially, reflecting deeper product adoption and growing usage across teams.
The company ended the quarter with 13,861 customers generating more than $10,000 in ARR, adding 951 customers in this category in the fourth quarter of 2025. The company now has 1,405 customers generating more than $100,000 in ARR, adding 143 customers in this category in the fourth quarter of 2025 alone.
The company’s non-GAAP net profit declined 18.7% year over year to $43.0 million.
FIG’s Balance Sheet
As of Dec. 31, 2025, Figma held $1.7 billion in cash and marketable securities.
Figma generated $39.9 million in operating cash flow and $38.5 million in adjusted free cash flow during the quarter.
Figma’s Q1 and 2026 Outlook
Figma provided guidance for the first quarter of 2026 and full-year 2026. Figma expects its first-quarter 2026 revenues to be between $315 million and $317 million, implying year-over-year growth of 38%. The Zacks Consensus Estimate for the first quarter of 2026 revenues is pinned at $294 million.
The company now projects its 2026 annual revenues between $1.366 billion and $1.374 billion, implying year-over-year growth of 30%. The Zacks Consensus Estimate for 2026 revenues is pegged at $1.05 billion.
Figma projects its 2026 non-GAAP operating income between $100 million and $110 million.
Zacks Rank and Stocks to Consider
Currently, Figma carries a Zacks Rank #4 (Sell).
Here are some better-ranked stocks from the Zacks Computer and Technology sector.
Amphenol (APH - Free Report) carries a Zacks Rank #2 (Buy) at present. Amphenol shares have rallied 112.8% in the past 12-month period. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Analog Devices (ADI - Free Report) carries a Zacks Rank #2 at present. Analog Devices’ shares have jumped 39.7% in the trailing 12-month period.
Applied Optoelectronics (AAOI - Free Report) carries a Zacks Rank #2 at present. Applied Optoelectronics shares have surged 60.7% in the trailing 12-month period.