Figma Announces Third Quarter 2026 Financial Results
Figma reported Q3 2026 revenue of $391.4 million, up 43% year-over-year and $16.4 million above the high end of prior guidance. Non-GAAP operating income was $47.0 million (12% margin) with free cash flow of $41.5 million, though GAAP operations showed a $(119.2) million loss driven by $158.6 million of stock-based compensation. Net Dollar Retention hit 131% and the company added over 3,650 customers with more than $10,000 in ARR year-over-year. AI momentum is a highlight: MCP server usage grew 3x quarter-over-quarter, and 65% of $10K+ ARR customers were using the Figma agent as of October 31.
Key figures
- Eps
- $(0.15) GAAP; $0.10 non-GAAP, basic and diluted
- Revenue
- 391400000
- Guidance
- Q4 2026 revenue $402.0M-$404.0M (33% YoY at midpoint); FY26 revenue $1.497B-$1.499B (42% YoY at midpoint, raised $33.0M); FY26 non-GAAP operating income $158.0M-$163.0M (11% margin at midpoint)
- Revenue Yoy
- 43%
- Fcf
- $41.5 million (11% margin)
- Gaap gross profit
- $314.4 million (80% margin)
- Gaap operating loss
- $(119.2) million, (30)% margin
- Operating cash flow
- $48.4 million (12% margin)
- Cash and investments
- $1.7 billion as of September 30, 2026
- Net dollar retention
- 131%
- Non gaaap gross profit
- $321.1 million (82% margin)
- Paid customers 10k arr
- 16,566, up more than 3,650 YoY
- Paid customers 100k arr
- 1,717, up more than 450 YoY
- Non gaap operating income
- $47.0 million, 12% margin
- Revenue beat vs guidance high
- $16.4 million above the high-end of prior guidance
AI analysis
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