News about Figma

Figma is boosting product usage by investing in AI models and agents, yet delivering these features is becoming costly.

Figma shares fell 7% in extended trading after third-quarter results beat LSEG consensus: adjusted EPS of 10 cents vs 5 cents expected, and revenue of $391.4 million vs $375.8 million expected. Revenue grew about 43% year over year, and net loss narrowed to $81.3 million (15 cents per share) from $1.10 billion ($2.72 per share) a year earlier. Management raised full-year guidance, now seeing an 11% operating margin (up from 9%) and $1.497–$1.499 billion in revenue, while fourth-quarter growth is expected to slow to about 33%, above the 28% analysts had forecast. Figma is giving clients more AI credits while keeping prices, and its finance chief says this trades near-term revenue for durable long-term growth. Weekly users at organizations spending over $10,000 who used AI credits rose almost 50%, and shares are down about 41% so far in 2026 while the S&P 500 is up 12%.

This comparison looks at revenue over the last eight quarters for Figma (FIG) and Palantir Technologies (PLTR), using data as of Oct. 22, 2026. Figma, a browser-based design platform, recently launched several AI design features and disclosed that its CEO voluntarily forfeited $46 million in stock awards. Its second-quarter sales of $370.1 million rose 48% year over year, partly due to AI credit monetization, with Q2 being the first full quarter of that revenue stream. Palantir's revenue is considerably larger and has increased every quarter, with the company forecasting third-quarter revenue of around $2.2 billion; it has also secured a U.S. Army ground station production contract and a collaboration with NVIDIA. Figma is scheduled to report third-quarter earnings on Nov. 4.