NYSE$FIG

Figma Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close

Briefing

Figma reported Q4 2025, revenue of $303.8M, net income of $43M.

For Q4 2025, Figma reported revenue of $303.8M, net income of $43M. Management discusses segment performance, capital allocation, and outlook in the earnings release.

  • Revenue $303.8M.
  • Net income $43M.
  • Figma highlights liquidity, operations, and 2026 priorities.

Headline financials

Total Revenue

$304M

No prior period
EPS (adj)

$0.08

No prior period
Non-GAAP Operating Income

$44M

No prior period
Non-GAAP Net Income

$43M

No prior period
Non-GAAP Operating Margin

14.0%

No prior period
Adjusted Free Cash Flow Margin

13.0%

No prior period
Free Cash Flow Margin

13.0%

No prior period
Paid Customers with >$1M ARR

67

No prior period
Operating Cash Flow Margin

13.0%

No prior period
Paid Customers >$10k ARR

13.9K

No prior period
Paid Customers >$100k ARR

1.4K

No prior period
Net Dollar Retention Rate

136.0%

No prior period
Net Income

$43M

No prior period
Operating Income

-$196M

No prior period
Gross Profit

$249M

No prior period

Revenue & EPS history

Figma Inc · Revenue · Quarterly

$304M

Q4 2025
Beat estimate in 4 of 4 quarters(100%)
ActualEstimate

Forward guidance

The release discusses Figma's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • Figma cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

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 Q4 2025

Historical avgQ4 2025

-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%

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