Dylan Field, co-founder and chief executive officer of Figma, speaks during a Bloomberg Television interview outside of the New York Stock Exchange in New York on July 31, 2025.
Figma shares jumped as much as 20% in extended trading on Wednesday after the design software maker reported robust results and quarterly guidance than Wall Street had predicted.
Here's how the company did in comparison with LSEG consensus:
Earnings per share: 8 cents adjusted vs. 7 cents expected
8 cents adjusted vs. 7 cents expected Revenue: $303.8 million vs. $293.15 million expected
Figma's revenue grew 40% year over year in the fourth quarter, according to a statement. The company had a net loss of $226.6 million, or 44 cents per share, compared with net income of $33.1 million, or 15 cents per share, in the fourth quarter of 2024.
Management called for $315 million to $317 million in first-quarter revenue, which implies 38% growth. Analysts polled by LSEG were expecting $292 million.
For 2026, Figma sees $100 million to $110 million in adjusted operating income on $1.366 billion to $1.374 billion in revenue, which would suggest 30% revenue growth. The LSEG revenue consensus was $1.29 billion.
Lately, investors have become more concerned that generative artificial intelligence products could weaken the growth prospects of software companies. As of Wednesday's close, Figma shares were down about 35% year to date, while the iShares Expanded Tech-Software Sector Exchange-Traded Fund has slipped 22%. The S&P 500 index has gained almost 1% in the same period.
"If you look at software, not only is it not going away. There's going to be way more of it than ever before," Figma's co-founder and CEO, Dylan Field, said in a Wednesday interview. But he said the market is "potentially increasingly competitive."