Figma forecasts upbeat annual revenue on strong design momentum, shares rise

Figma ​forecast annual revenue above Wall ​Street expectations on Wednesday, as the design software ​maker anticipates robust demand and bets on its efforts to expand its user base, sending its shares up around 15% in extended trading.

The company ‌has banked ⁠on ⁠generative artificial intelligence as a strategic tool to stand out in a ​crowded industry dominated by Adobe while also seeking out acquisitions to bolster its ​products.

"The core sort of thesis for us is that as AI gets better, Figma gets better... what we want to ​be able to do is to ⁠provide folks the ‌infinite canvas that allows them to explore ​the ​ideas and then explore those ideas much more ⁠quickly," CFO Praveer Melwani told Reuters.


Figma expects 2026 revenue ​of between $1.36 billion and $1.37 billion, compared with ​estimates of $1.29 billion, according to data compiled by LSEG.

Revenue for the fourth quarter came in at $303.8 million, beating estimates of $293.2 million. On an adjusted basis, the company earned 8 cents per share, compared with estimates of a profit of 7 ‌cents.

Fourth-quarter operating expenses nearly tripled.

"There's a way that stock-based compensation (SBC) gets calculated and gets burned off ​there. It's an ​accelerated attribution method, ⁠you take large expense hits in those first couple quarters, post going public," Melwani said.

Figma went public in July last year ​in a blockbuster debut that saw its shares gain 250% on the first day of trading, but the stock has slumped around 80% since then.

The company projected first-quarter revenue of between $315 million and $317 million, while analysts were expecting $291.9 million.