NYSE$FIG

Figma Inc · Q1 2026 earnings

Q1 2026 earnings ·

Briefing

Figma Inc reported revenue of $333.4 million and a net loss of $142.4 million for Q1 2026.

Figma Inc delivered strong top-line growth with revenue increasing 46% year-over-year to $333.4 million, driven by expansion in paid customers and adoption of new products. The company reported a net loss of $142.4 million primarily due to increased stock-based compensation and operating expenses following its IPO. Key metrics showed continued customer expansion with 15,218 paid customers exceeding $10,000 in ARR and a net dollar retention rate of 139%.

  • Revenue grew 46% YoY to $333.4 million, with international revenue contributing $178.4 million.
  • Net loss of $142.4 million reflected $169.0 million in stock-based compensation expense post-IPO.
  • Paid customers with >$10k ARR reached 15,218 and >$100k ARR reached 1,525, up 37% and 48% YoY.
  • Net dollar retention rate improved to 139% from 132% in the prior year period.

Headline financials

Total Revenue

$333M

No prior period
EPS (adj)

-$0.27

No prior period
Paid Customers >$10k ARR

15.2K

No prior period
Paid Customers >$100k ARR

1.5K

No prior period
Net Dollar Retention Rate

139.0%

No prior period
Capital Expenditures

-$7.81M

No prior period
Free Cash Flow

$89.5M

No prior period
Net Income

-$142M

No prior period
Operating Income

-$137M

No prior period
Gross Profit

$265M

No prior period
Cash & Equivalents

$406M

No prior period
Total Assets

$2.29B

No prior period

Revenue & EPS history

Figma Inc · Revenue · Quarterly

$333M

Q1 2026
Beat estimate in 4 of 4 quarters(100%)
ActualEstimate

Forward guidance

The company provided qualitative forward-looking commentary on growth, AI investments, and market expansion but did not issue specific quantitative guidance for future periods.

Tailwinds

  • Continued investment in AI capabilities and new product launches expected to drive adoption.
  • Strong net dollar retention and customer expansion trends support long-term growth.

Headwinds

  • Increased operating expenses and stock-based compensation will pressure near-term profitability.
  • Macroeconomic uncertainty may impact customer spending and sales cycles.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 2 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-0.5%

Avg return

Earnings day

+3.8%

Avg return

5 days after

-12.6%

Avg return

30 days after

75%

3 / 4 earnings

Positive

+6.9%

Q4 2025

Best reaction

-19.9%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+6.6%+22.7%
Q4 2025+6.9%+13.4%-1.9%
Q3 2025+4.5%+1.1%-13.7%
Q2 2025-19.9%-21.7%-22.1%

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