Figma reported Q3 2026 results

On November 4, 2026 , Figma, Inc. (the "Company") issued a press release announcing its financial results for the quarter ended September 30, 2026.¹ A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K² and is incorporated herein by reference.

The information contained in this Item 2.02, including Exhibit 99.1 hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended³ (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filings, unless expressly incorporated by specific reference in such filing.

The Company announces material information to the public through filings with the Securities and Exchange Commission (the "SEC"), the Investor Relations page on its website (investor.figma.com), its blog (www.figma.com/blog), its newsroom (www.figma.com/newsroom), press releases, public conference calls, public webcasts, its social media accounts on X, LinkedIn, Instagram, Bluesky, Threads, and TikTok as well as Dylan Field's X account (@zoink) and LinkedIn profile in order to achieve broad, non-exclusionary distribution of information to the public and for complying with its disclosure obligations under Regulation FD.

The content of the Company's websites and information that the Company may post on or provide to online and social media channels, including those mentioned above, and information that can be accessed through the Company's websites or these online and social media channels are not incorporated by reference into this Current Report on Form 8-K or in any other report or document the Company files with the SEC, and any references to the Company's websites or these online and social media channels are intended to be inactive textual references only.

(d) Exhibits

Exhibit No. Description

99.1 Press Release dated November 4, 2026.

104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Figma, Inc.

Date: November 4, 2026⁴

By: /s/ Praveer Melwani⁴

Praveer Melwani

Chief Financial Officer⁴

Figma Announces Third Quarter 2026 Financial Results

Q3 revenue grew 43% year-over-year to $391.4 million, $16.4 million above the high-end of prior guidance.⁵

San Francisco , CA – November 4, 2026 – Figma, Inc. (NYSE:FIG) announced financial results today for its third quarter ended September 30, 2026.

"As code becomes a commodity, value is moving up the stack to design—and our Q3 results reflect that," said Dylan Field, Figma's CEO and co-founder. "We're building the full-stack canvas for visual-first development: one that's built for collaboration, increasingly powered by our first-party model and native to the way teams design and build with AI. This is Figma's opportunity and what we believe will fuel our next phase of growth."

"Q3 revenue grew 43% year-over-year, coming in well ahead of our prior guidance as customers continued to expand seats and invest more deeply in Figma," said Praveer Melwani, Figma's CFO. "We're seeing customers move from trying AI to making larger commitments, and the Figma agent is expanding how they use credits across our platform. That momentum, alongside improvements in AI cost efficiency, gives us confidence to raise our full-year revenue and non-GAAP operating income outlook while continuing to invest in our AI capabilities."

Third Quarter 2026 Financial Highlights:

• Revenue was $391.4 million, up 43% year-over-year and above the range of Figma's previously issued third quarter guidance.

• GAAP gross profit was $314.4 million, up 65% year-over-year; GAAP gross margin was 80%. Non-GAAP gross profit was $321.1 million, up 36% year-over-year; non-GAAP gross margin was 82%.

• GAAP loss from operations was $(119.2) million; GAAP operating margin was (30)%.^{6 6}Non-GAAP operating income was $47.0 million;⁶ non-GAAP operating margin was 12%.

• Net cash provided by operating activities was $48.4 million; operating cash flow margin was 12%.^{8 8}Free Cash Flow was $41.5 million;⁸ Free Cash Flow Margin was 11%.

• GAAP net loss was $(81.3) million and non-GAAP net income was $53.7 million.⁷

• GAAP net loss per share, basic and diluted was $(0.15)⁷ and non-GAAP net income per share, basic and diluted was $0.10.

• Cash, cash equivalents, and marketable securities were $1.7 billion as of September 30, 2026.⁹

Recent Business & Product Highlights:

• Net Dollar Retention Rate was 131% as of September 30, 2026.¹⁰

• 16,566 Paid Customers with more than $10,000 in ARR as of September 30, 2026, an increase of more than 3,650 since September 30, 2025.

• 1,717 Paid Customers with more than $100,000 in ARR as of September 30, 2026, an increase of more than 450 since September 30, 2025.

• From July 1 through October 31, 2026, the number of weekly active users consuming credits among Paid Customers with more than $10,000 in ARR increased by almost 50%.

• As of October 31, 2026, on a weekly basis, 65% of Paid Customers with more than $10,000 in ARR were using the Figma agent and over 80% were consuming AI credits.

• During the three months ended September 30, 2026, the Figma MCP server was Figma's fastest-growing product as measured by growth in weekly active users. Total MCP usage grew 3x quarter-over-quarter, and write-back usage grew 4x quarter-over-quarter. In October 2026, Figma further improved and expanded its MCP server, launching integrations with 20 partners.

• Expanded the use of first-party and open-weight models in production. From July 1 through October 31, 2026, Figma more than doubled the share of work powered by our own post-trained design model.

• Began rolling out Code Layers, which brings working code to the Figma canvas, in open beta on October 14, 2026. With Code Layers, teams can build, explore, edit, and compare code-backed prototypes directly on the Figma Design canvas—and push them all the way to production.

• Hosted Config India in Bengaluru in October 2026, bringing together thousands of product builders and customers to launch new ways for teams to collaborate across design, code, and content on Figma's platform.

Fourth Quarter and Full Year 2026 Outlook:

Based on information as of today, Figma is providing the following guidance:

• Fourth Quarter 2026 Outlook:

• Revenue between $402.0 million and $404.0 million, implying 33% year-over-year growth at the midpoint of the range.¹¹

• Full Year 2026 Outlook:

• Revenue between $1.497 billion and $1.499 billion, implying 42% year-over-year growth at the midpoint of the range¹² and a raise of $33.0 million to Figma's previously issued guidance.

• Non-GAAP operating income between $158.0 million and $163.0 million¹², representing a non-GAAP operating margin of 11% at the midpoint of the range.

Conference Call Details:

Figma will host a conference call today, November 4, 2026, at 5:00pm Eastern Time (2:00pm Pacific Time) to discuss its financial results for the third quarter of 2026 and outlook for the fourth quarter and full year 2026. To access the call, please register at https://investor.figma.com/news-events/events-and-presentations/event-details/2026/Figma-Q3-2026-Earnings-Call/default.aspx. Figma will provide a written version of the prepared remarks portion of the call on Figma's investor relations website (https://investor.figma.com) before the call begins. A live webcast of the call will be available on Figma's investor relations website (https://investor.figma.com), and a replay and transcript of the webcast will be archived on the same website following the call.

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