Figma Q2 Revenue Surges 48% YoY, Stock Price Plunges Over 15% in After-Hours Trading

Figma reports Q2 revenue of $3.7B with 48% YoY growth and 84% gross margin. Despite beating guidance, after-hours stock drops 15.6% to $23.83.

Woofun AI reports that Figma disclosed its fiscal year 2026 second-quarter financial results, recording revenue of $3.701 billion, representing a 48% year-over-year increase that surpassed prior guidance. GAAP gross profit reached $3.096 billion with an 84% margin, while Non-GAAP gross profit stood at $3.14 billion with an 85% margin, both accelerating to 40% YoY growth. Operating metrics showed a GAAP loss of $1.173 billion and Non-GAAP income of $36.1 million, influenced by Config conference sales and marketing spend. Operating cash flow was $60.9 million, with free cash flow at $53.2 million.

Market data indicates Figma’s shares declined 15.56% in after-hours trading, settling at $23.83.