Figma Q4 revenue rises 40% to USD 303.8 million

Reuters
3 hours ago
Figma Q4 revenue rises 40% to USD 303.8 million

Figma $(FIG)$ reported Q4 FY2025 revenue of USD 303.78 million (+40% YoY). GAAP loss from operations was USD 195.5 million (GAAP operating margin: (64)%), while non-GAAP operating income was USD 44.0 million (non-GAAP operating margin: 14%). GAAP net loss was USD 226.6 million and non-GAAP net income was USD 43.0 million, with GAAP net loss per share of USD 0.44 and non-GAAP EPS of USD 0.08. Operating cash flow was USD 39.9 million (13% margin) and adjusted free cash flow was USD 38.5 million (13% margin). Cash, cash equivalents and marketable securities totaled USD 1.7 billion at Dec. 31, 2025. For FY2025, revenue was USD 1.06 billion (+41% YoY), with operating cash flow of USD 250.7 million (24% margin) and adjusted free cash flow of USD 242.7 million (23% margin). GAAP operating loss was USD 1.3 billion (GAAP operating margin: (122)%) and GAAP net loss was USD 1.3 billion; results were impacted by a one-time stock-based compensation expense of USD 975.7 million tied to its IPO. Non-GAAP operating income was USD 129.5 million (12% margin) and non-GAAP net income was USD 166.8 million. Business updates included net dollar retention of 136% as of Dec. 31, 2025, and 13,861 paid customers with more than USD 10,000 in ARR (including 1,405 above USD 100,000 and 67 above USD 1.0 million). Figma said weekly active users of Figma Make grew over 70% quarter-over-quarter, expanded Make with experimental models Gemini 3 Pro and Claude Opus 4.6 and launched Make Connectors (including Atlassian, GitHub, Notion and Linear). It also released “Claude Code to Figma,” launched three AI image editing tools, acquired Weavy (now Figma Weave), and expanded its apps in Claude and ChatGPT. Figma opened an office in Bengaluru and announced local data hosting and governance support for enterprise in India. For FY2026, Figma guided Q1 revenue of USD 315.0–317.0 million (+38% YoY at midpoint) and FY revenue of USD 1.37–1.37 billion (+30% YoY at midpoint), with non-GAAP operating income of USD 100.0–110.0 million.

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