Markets
Figma raises its forecast while investing in AI and accepting near-term tradeoffs
Figma beat third-quarter expectations on revenue, adjusted earnings and operating margin, then raised its full-year outlook. Its shares nevertheless fell in extended trading as investors weighed the company's decision to provide more AI credits without raising prices, potentially sacrificing near-term revenue for adoption. Figma says enterprise AI-credit usage rose nearly 50% and that its own model handled twice as much work. Management also highlighted vendor-security scrutiny as AI agents increase risks across software systems.
Editorial summary · Publisher article
What matters
- Third-quarter revenue rose 43% year over year to $391.4 million.
- Figma raised its full-year revenue range and operating-margin forecast.
- The company is supplying more AI credits at existing prices to encourage adoption.
- Figma says it is increasing scrutiny of vendors' security.
Context & caveats
- The AI usage and performance figures are company-reported, while the share-price reaction reflects market expectations rather than a confirmed business deterioration.
Why this made the edition
The earnings report supplies independently comparable results, guidance, margin data and management's explanation of its AI investment and security priorities.
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