)
Overview
<ul>
<li>Design platform’s Q4 revenue grew 40% yr/yr, beating analyst expectations</li>
<li>Company’s net dollar retention rate rose to 136%</li>
<li>Company forecasts 38% yr/yr revenue growth for Q1 2026</li>
</ul>
Outlook
<ul>
<li>Figma expects Q1 2026 revenue between $315 mln and $317 mln</li>
<li>Company forecasts full-year 2026 revenue between $1.366 bln and $1.374 bln</li>
<li>Figma projects non-GAAP operating income of $100 mln to $110 mln for 2026</li>
</ul>
Result Drivers
<ul>
<li>PLATFORM AND AI ADOPTION - Figma attributed its 40% year-over-year revenue growth to increased platform and AI adoption</li>
<li>CUSTOMER EXPANSION - Net Dollar Retention Rate rose to 136%, indicating strong customer retention and expansion</li>
<li>INTERNATIONAL AND ENTERPRISE GROWTH - Platform-led adoption across enterprise and international customers powered durable growth</li>
</ul>
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q4 Beat $303.78 $293.15
Revenue mln mln (9
Analysts
)
Q4 $43 mln
Adjusted
Net
Income
Q4 Gross $249.47
Profit mln
<h3>Q4 -$195.50</h3>
Income mln
From
Operatio
ns
Analyst Coverage
<ul>
<li>The current average analyst rating on the shares is “hold” and the breakdown of recommendations is 3 “strong buy” or “buy”, 8 “hold” and no “sell” or “strong sell”</li>
<li>The average consensus recommendation for the software peer group is “buy”</li>
<li>Wall Street’s median 12-month price target for Figma Inc is $48.00, about 107.8% above its February 17 closing price of $23.10</li>
<li>The stock recently traded at 96 times the next 12-month earnings vs. a P/E of 222 three months ago</li>
</ul>
Press Release: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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Figma Q4 revenue rises 40%, beating estimates