Overview

• The company reported second-quarter revenue of $249.6 million, up 41% year over year and slightly above LSEG estimates, with $11.5 million in adjusted operating income and $846,000 in net profit.
• Figma forecast third-quarter revenue of $263 million to $265 million and projected a little over $1.02 billion for the full year, with $88 million to $98 million in adjusted operating income.
• Reports diverged on earnings per share — cited as breakeven or zero versus varying estimates — leaving headline profit figures unclear despite positive operating results.
• Management pointed to enterprise strength with a 129% net dollar retention rate and 11,906 customers generating more than $10,000 in ARR, including 1,119 above $100,000.
• The company expanded its platform with AI-focused products — Make, Sites, Draw and Buzz — and acquisitions of Modyfi and Payload, as a partial employee lock-up expires after Sept. 4 and extended agreements for some holders run to August 2026.