Figma, Inc. Class A (FIG)
NYSE:FIG
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Earnings Data
Report Date
Sep 09, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.04Last Year’s EPS
0.09Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong, broad-based operational momentum: robust revenue acceleration (+46% YoY), improved retention (NDR 139%), large customer and seat expansion, significant AI-driven adoption (Make, MCP, Weave) and an initial successful move to monetize AI credits. Management raised revenue and operating income guidance and showed healthy profitability and cash balances. Key risks highlighted were AI-related cost pressure and gross margin uncertainty as usage scales, early-stage nature of AI monetization (timing risk), one-time bonus impacts to cash flow, and competitive pressures from hyperscalers and AI providers. On balance, the positive growth, product adoption and guidance raises notably outweigh the risks discussed.Company Guidance
Revenue Growth and Acceleration
Total revenue of $333 million in Q1 2026, up 46% year-over-year and accelerating from 40% in the prior quarter and 38% in Q3; exceeded the high end of guidance.
Strong Retention and Expansion
Net dollar retention (NDR) reached 139%, up 3 percentage points QoQ and the highest in over two years; paid customers spending >$10k ARR grew 37% YoY and >$100k ARR cohort grew 48% YoY.
Large Customer and Seat Expansion
Paid customer base grew to ~690,000 (from ~450,000 a year ago), a 54% YoY increase; several major deals including a hyperscaler consolidation of >35,000 paid seats and regionally large deals (India, Europe).
AI Product Traction and Early Monetization
AI features drove adoption: ~60% of largest customers used Figma Make weekly; MCP weekly active users in Design grew 5x QoQ; AI credit monetization launched March 18 with >75% of previously over-limit Org/Enterprise users continuing to consume credits in April and >95% of those remaining active.
Profitability and Cash Generation
Non-GAAP operating income of $52 million in Q1 (16% non-GAAP operating margin); gross profit $275 million with an 82% gross margin; free cash flow of $89 million (27% free cash flow margin); ended Q1 with $1.6 billion in cash, cash equivalents and marketable securities.
Raised Guidance
Raised full-year revenue guidance to $1.422–$1.428 billion (35% growth at midpoint), a $55 million increase versus prior outlook; raised full-year non-GAAP operating income guidance to $125–$135 million (9% margin at midpoint), a $25 million increase.
International and Product Mix Strength
International revenue grew 48% YoY; non-seat-based offerings and AI add-ons contributed to outperformance; Pro team conversions up >150% YoY, indicating TAM expansion and strong conversion funnel.
FIG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FIG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2026 | $20.24 | $22.92 | +13.24% |
Mar 18, 2026 | $25.26 | $24.22 | -4.12% |
Nov 05, 2025 | $44.01 | $45.98 | +4.48% |
Sep 03, 2025 | $68.13 | $54.56 | -19.92% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Figma, Inc. Class A (FIG) report earnings?
Figma, Inc. Class A (FIG) is schdueled to report earning on Sep 09, 2026, After Close (Confirmed).
What is Figma, Inc. Class A (FIG) earnings time?
Figma, Inc. Class A (FIG) earnings time is at Sep 09, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FIG EPS forecast?
FIG EPS forecast for the fiscal quarter 2026 (Q2) is 0.04.
