Figma posts 43% revenue growth, beats Q3 earnings but shares slip 7% as AI spending raises concerns
Figma reported third‑quarter 2026 revenue of $391.4 million, up 43% year‑over‑year, and adjusted earnings of $0.10 per share, beating analyst expectations. The company narrowed its GAAP net loss to $81.3 million and raised full‑year revenue guidance to $1.497 billion‑$1.499 billion. Despite the beat, the stock fell about 7% in after‑hours trading as investors focused on higher AI costs and slower projected Q4 growth.
Why it matters
The raised full‑year revenue outlook signals continued top‑line momentum, but the share decline reflects market concern that AI investments may pressure near‑term margins and that Q4 growth is expected to slow to roughly 33%.
Key facts
- 1Q3 2026 revenue was $391.4 million, up 43% year‑over‑year. sec.gov
- 2Adjusted earnings per share were $0.10. cnbc.com
- 3GAAP net loss for the quarter was $(81.3) million. sec.gov
- 4GAAP net loss per share, basic and diluted, was $(0.15). sec.gov
- 5Full‑year 2026 revenue guidance was raised to $1.497 billion‑$1.499 billion. stocktitan.net
- 6Q4 2026 revenue guidance was $402 million‑$404 million. stocktitan.net
Summary written by AlphAI AI Desk from 10 of 10 sources. Not investment advice. Figures are as stated by the linked sources.