Figma Q2 Revenue Surges 48% YoY, Stock Price Plunges Over 15% in After-Hours Trading

BlockBeats News, August 6th, Figma announced its latest performance for Q2 FY2026: revenue was $3.701 billion, a year-over-year increase of 48%, exceeding Figma's previously released Q2 guidance range. The year-over-year revenue growth accelerated in Q3. GAAP gross profit was $3.096 billion; GAAP gross margin was 84%. Non-GAAP gross profit was $3.14 billion; Non-GAAP gross margin was 85%. Both GAAP and Non-GAAP gross profits accelerated to a 40% year-over-year growth rate.

GAAP operating loss was $1.173 billion; GAAP operating margin was 32%. Non-GAAP operating income was $36.1 million; Non-GAAP operating margin was 10%. Both GAAP and Non-GAAP operating income were impacted by sales related to Figma's annual user conference, Config, and increased marketing investments. Net cash provided by operating activities was $60.9 million; operating cash flow margin was 16%. Free cash flow was $53.2 million; free cash flow margin was 14%.

According to BIT (bit.com) market data, Figma's stock price fell by 15.56% in after-hours trading, and in the after-hours session, it is currently trading at $23.83.