NYSE$FIG

Figma Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close

Briefing

Figma reported Q2 2025, revenue of $402M, net income of $28.2M, diluted EPS of $0.05.

For Q2 2025, Figma reported revenue of $402M, net income of $28.2M, diluted EPS was $0.05. Management discusses operating trends, capital, and sector risks in the quarterly filing.

  • Revenue $402M.
  • Net income $28.2M.
  • Diluted EPS $0.05.
  • Figma MD&A highlights liquidity, capital, and core trends.
  • Segment and macro factors shape year-over-year comparisons.

Headline financials

Total Revenue

$250M

No prior period
EPS (adj)

$0.05

No prior period
Non-GAAP Operating Income

$11.5M

No prior period
Non-GAAP Net Income

$19.8M

No prior period
Non-GAAP Operating Margin

5.0%

No prior period
Adjusted Free Cash Flow Margin

24.0%

No prior period
Free Cash Flow Margin

24.0%

No prior period
Paid Customers >$10k ARR

11.9K

No prior period
Paid Customers >$100k ARR

1.1K

No prior period
Net Dollar Retention Rate

129.0%

No prior period
Capital Expenditures

-$2.01M

No prior period
Free Cash Flow

$26.2M

No prior period
Net Income

$28.2M

No prior period
Operating Income

$2.08M

No prior period
Gross Profit

$222M

No prior period

Revenue & EPS history

Figma Inc · Revenue · Quarterly

$250M

Q2 2025
Beat estimate in 4 of 4 quarters(100%)
ActualEstimate

Forward guidance

Design software platforms emphasize seat growth, enterprise expansion, and AI features.

Tailwinds

  • Paid seat additions and expansion revenue.
  • Enterprise and FigJam adoption.
  • AI-assisted design monetization.

Headwinds

  • Macro impact on hiring and design teams.
  • Competition from Adobe and startups.
  • Post-IPO stock compensation expense.

Historical earnings impact

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

Avg. return before/after earnings

Based on 2 quarterly earnings reports

Historical avg

-0.5%

Avg return

Earnings day

+3.8%

Avg return

5 days after

-10.0%

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%-2.3%
Q4 2025+6.9%+13.4%-1.9%
Q3 2025+4.5%+1.1%-13.7%
Q2 2025-19.9%-21.7%-22.1%

Discussion

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