Figma (FIG) Q3 earnings report 2026

Key Points:

• Figma reported third-quarter earnings and revenue that exceeded Wall Street expectations, with adjusted EPS of 10 cents versus 5 cents expected and revenue of $391.4 million versus $375.8 million expected, reflecting about 43% year-over-year revenue growth.
• The company narrowed its net loss to $81.3 million from $1.10 billion a year earlier and posted a 12% adjusted operating margin, surpassing the 6.1% consensus forecast.
• Figma raised its full-year guidance, now expecting an 11% operating margin and revenue between $1.497 billion and $1.499 billion, above previous estimates and analyst expectations.
• Despite strong results, shares fell 7% in after-hours trading amid concerns over competition from AI and a broader market decline, with Figma's stock down about 41% in 2026 compared to a 12% gain in the S&P 500.
• The company is leveraging AI to enhance its platform by increasing AI credits for clients and improving AI-generated work quality, aiming for long-term growth despite short-term revenue trade-offs.