Record Revenue and Growth
Figma reported Q3 revenue of $274 million, representing a 38% year-over-year growth, and crossed $1 billion in annual revenue run rate.
Net Dollar Retention Increase
Net dollar retention increased by 2 points to 131%, driven by faster customer adoption of new products and platform.
Launch of Figma Make
Figma Make saw 30% of customers with $100,000 or more in ARR using it weekly, becoming a core part of Figma's AI offerings.
Strong Customer Growth
Figma added over 90,000 paid teams in the past two quarters, reaching 540,000 total paid customers.
Positive Financial Metrics
Figma reported a non-GAAP operating margin of 12% and an adjusted free cash flow margin of 18%.
Platform Strategy Success
70% of customers are using three or more products, showcasing successful integration and adoption of Figma's platform strategy.
Weavy Acquisition
Announced acquisition of Weavy to enhance AI and creative capabilities, expanding Figma's reach into new creative domains.