Figma, Inc. (FIG) Reports Q1 Adjusted EPS Above Estimates

On May 14, 2026, Figma, Inc. (NYSE:FIG) reported Q1 adjusted EPS of 10c, versus the statement estimation of 6c. Revenue totaled $333.4M, compared to the statement estimation of $316.02M. Co-founder and CEO Dylan Field said gross maturation accelerated for the 2nd consecutive 4th arsenic customers continued expanding their usage of Figma’s platform. Field added that arsenic codification becomes progressively commoditized, plan and quality judgement are becoming much important competitory differentiators successful integer merchandise development.

Figma’s Net Dollar Retention Rate reached 139% arsenic of March 31, 2026, up 3 percent points sequentially and marking the company’s highest level successful much than 2 years. The institution ended the 4th with 15,218 paid customers generating much than $10,000 successful yearly recurring revenue, representing 37% year-over-year maturation and an acceleration from the anterior quarter. Figma besides reported 1,525 customers with much than $100,000 successful ARR, up 48% twelvemonth implicit year. Total paid customers accrued 54% twelvemonth implicit twelvemonth to astir 690,000. Figma said caller Pro squad conversions grew much than 150% twelvemonth implicit twelvemonth during the quarter, driven successful portion by continued adoption of its AI-related features.

Following the net report, Piper Sandler expert Billy Fitzsimmons lowered the firm’s terms people connected Figma, Inc. (NYSE:FIG) to $30 from $35 portion maintaining an Overweight standing connected the shares. The steadfast highlighted 46% year-over-year gross growth, a 5.5% gross beat, and beardown nett dollar retention. Piper added that Q2 gross maturation guidance came successful good supra statement expectations and argued the results propulsion backmost against concerns that AI contention volition materially dilatory maturation successful the adjacent term.

Figma, Inc. (NYSE:FIG) develops a browser-based collaborative level for designing, prototyping, and gathering integer experiences.

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