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Johann Wilfred
- Design software company has posted its second-quarter earnings report on Wednesday
- Figma projects third-quarter revenues to reach anywhere from $263 million to $265 million
- Pre-market trading showed the stock price to be $57.66, down by 15.37%.
Design software company has posted its second-quarter earnings report on Wednesday, its first disclosure of financial performance since its IPO in July. The firm reported revenues of $249 million, reflecting an increase of 41% on a year-on-year basis.
“Our performance this quarter highlights the strength of our business and the critical value of design,” said Chief Financial Officer Praveer Melwani.
“We delivered best-in-class revenue growth and positive operating margin as we kept investing in AI and expanded our platform. Our 129% Net Dollar Retention Rate also shows that our customers are continuing to deepen their investment in Figma’s platform,” he also said.
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“This was another strong quarter for Figma,” said Chief Executive Officer Dylan Field. “We delivered record revenue in Q2 as we continued to innovate with the launch of four new products. Looking ahead, we’re excited to keep building for our customers and help define the next era of digital products and experiences. Design is more important than ever, and we have so much more to build.”
The company also posted guidance for Q3 2025 and for the full year to help assess potential future financial performance. Figma projects third-quarter revenues to reach anywhere from $263 million to $265 million, and full-year revenue to be anywhere from $1.021 billion to $1.025 billion.
At the time of reporting, Figma shares were priced at $68.13. Pre-market trading showed the stock price to be $57.66, down by 15.37%.
