Figma reports Q3 non-GAAP EPS 10c, consensus 5c

Reports Q3 revenue $274.2M, consensus $263.95M. “Q3 was the best quarter in Figma’s (FIG) history: we crossed $1 billion in annual revenue run rate, delivered record revenue and shipped faster than ever for our customers,” said Dylan Field, Figma’s CEO and co-founder. “Our incredible quarter was driven in part by AI product investments in Figma Make and our MCP server which are spreading Figma to new teams and new audiences. AI is redefining how software gets built, moving value up the stack to design–and we are building the platform where anyone can go from idea to product. We delivered another strong quarter, beating our third quarter revenue expectations with 38% year-over-year growth,” said Praveer Melwani, Figma’s CFO. “By the end of September, approximately 30% of Paid Customers spending $100,000 or more in ARR were creating on Figma Make on a weekly basis – which shows how strongly our new products are resonating with customers and has given us the confidence to raise our full year outlook for 2025. We have the flexibility to keep investing to drive sustainable, long-term growth.”