aceWall Street frowns as Figma sacrifices revenue to win over AI
Figma has reported quarterly results and guidance above Wall Street expectations, but its stock fell 7% after the market closed. The US digital design software maker is prioritizing adoption of its... In Q3, Figma posted revenue of $391.4m, up 43% y-o-y, beating the $375.8m expected. Adjusted EPS came to $0.10, double the $0.05 forecast, while it's adjusted operating margin reached 12%, compared with the 6.1% consensus. It's net loss narrowed to $
Figma is granting customers more AI credits without raising prices, which its CFO described as temporarily giving up revenue, and its stock has fallen about 41% this year amid competition from AI-powered design tools.
Investors remain unconvinced that growing AI adoption will convert into extra revenue and sustainable profit, and the company itself expects growth to slow in Q4.
Sources
- JournalismMarketScreener2026-11-05
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