Figma, Inc. (FIG) Form 10-Q — May 14, 2026
Figma reported Q1 2026 revenue of $333.4 million, a 46% year-over-year increase, driven by growth in paid customers and expansion within existing accounts. The company’s net dollar retention rate rose to 139%, reflecting strong customer expansion and adoption of its platform, including new AI-enabled products like Figma Make and Figma Sites. Despite top-line growth, Figma reported a GAAP net loss of $142.4 million, compared to net income of $44.9 million in the same quarter last year. The loss was primarily driven by $169 million in stock-based compensation expense following its July 2025 IPO, as well as increased investments in AI infrastructure and headcount.
Key figures
- Revenue
- 333439000
- Revenue Yoy
- 46%
- Total Assets
- 2290788000
- Cash Position
- 405654000
- Free Cash Flow
- 88608000
- Usdc Holdings
- 15696000
- Deferred Revenue
- 627664000
- Revolver Capacity
- 500000000
- Paid Customers10k ARR
- 15218
- Paid Customers100k ARR
- 1525
- Non GAPOperating Income
- 52133000
- Non GAPOperating Margin
- 16%
- Net Dollar Retention Rate
- 139%
- Stock Based Compensation
- 168998000
- Bitcoin Investment Fair Value
- 11787000
- Bitcoin ETFInvestment Fair Value
- 57019000
- Remaining Performance Obligations
- 682300000
Price after filing
Close on the filing date to close N calendar days later (from $20.24). Historical, not a forecast.
AI analysis
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