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Figma’s stock plunges after company’s first earnings report since IPO
Figma shares dropped 14% after its first post-IPO earnings report, posting breakeven EPS and $249.6M revenue, up 41% YoY.
Net income was $846K, with $11.5M in adjusted operating income.
Q3 revenue is projected at $263–$265M, above consensus, and full-year revenue just over $1B. Growth is driven by Dev Mode, new AI tools, and acquisitions, CNBC has reported.
The company has 1,119 large customers, a 129% net retention rate, and $1.6B in cash and securities.
read more: https://www.cnbc.com/2025/09/03/figma-fig-q2-earnings-report-2025.html
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#Figma #EarningsReport #StockMarket
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