$FIG · Figma, Inc.
Figma reported Q3 FY2026 results: revenue $391.4M (+43% YoY), GAAP net loss $81.3M (-$0.15/share), non-GAAP net income $53.7M ($0.10/share). Non-GAAP operating income was $47.0M (12% margin); free cash flow $41.5M. The company raised FY2026 revenue guidance to $1.497–1.499B and non-GAAP operating income to $158–163M.
- Revenue $391.4M, +43% YoY, $16.4M above the high end of prior guidance.
- GAAP net loss $81.3M vs non-GAAP net income $53.7M.
- Net Dollar Retention 131%; 16,566 paid customers over $10K ARR.
- FY2026 revenue guidance raised by $33M to $1.497–1.499B.
- Cash and marketable securities $1.7B as of September 30, 2026.
Extended-hours trade at $20.88, down 5.65% vs regular close, despite the beat and raised guidance — a sell-the-news reaction after the +5.23% regular-session gain.
Figma's beat-and-raise quarter shows AI monetization traction, but the extended-hours selloff signals valuation concerns.
Figma's 43% growth and 131% NDR outpace most design/collaboration SaaS peers, but GAAP losses persist amid heavy AI investment.
GAAP operating loss of $119.2M and net loss $81.3M reflect heavy stock-based compensation ($158.6M in Q3) and AI investment; profitability depends on continued cost discipline.