• Figma Q2 revenue up 41% YoY to $249.6 million
• Doubled product offering with new design and AI features
• Four new products launched in Q2
• Figma defines next era of digital products and experiences
San Francisco, CA—Figma, Inc. (NYSE: FIG) reported robust financial results for the second quarter of 2025, with revenue surging 41% year-over-year (YoY) to $249.6 million. The company's Chief Executive Officer, Dylan Field, attributed the growth to the launch of four new products, including Figma Make for AI-powered prototyping, Figma Draw for richer visual expression, Figma Sites for publishing designs as live websites, and Figma Buzz for creating marketing assets.
The company's strong performance was bolstered by a 129% Net Dollar Retention Rate, indicating that customers are deepening their investment in Figma's platform. Operating margin stood at 1%, with non-GAAP operating income reaching $11.5 million and a non-GAAP operating margin of 5%. Figma's cash position, including cash, cash equivalents, and marketable securities, totaled $1.6 billion as of June 30, 2025.
In addition to the financial highlights, Figma announced the acquisition of Modyfi and Payload, which will support the company's work around motion, animation, and vector tooling, and enhance its content management system capabilities, respectively. The company also hosted Config, its annual user conference, which contributed to increased sales and marketing spend during the quarter.
Looking ahead, Figma is projecting revenue between $263.0 million and $265.0 million for the third quarter of 2025, implying 33% YoY growth at the midpoint of the range. For the full year 2025, the company expects revenue between $1.021 billion and $1.025 billion, representing 37% YoY growth at the midpoint of the range. Non-GAAP operating income is expected to range between $88.0 million and $98.0 million.
Figma will host a conference call today, September 3, 2025, at 5:00 PM Eastern Time (2:00 PM Pacific Time) to discuss its financial results and outlook for the third quarter and full year 2025. A live webcast and replay will be available on Figma’s investor relations website.
References:
[1] https://www.businesswire.com/news/home/20250903760601/en/Figma-Announces-Second-Quarter-2025-Financial-Results
Comments
No comments yet