Figma (FIG) reports Q2: Revenue up 48% YoY to $370M, raises full-year guidance

Revenue: **$370.1M, up 48% YoY** • Previous Q2 guidance: **$348M–$350M** • Net Dollar Retention: **136%** • Free cash flow: **$53.2M** • Cash and marketable securities: **\~$1.7B** • $100K+ ARR customers: **1,635, up 46% YoY** • $10K+ ARR customers: **15,964, up 34% YoY** Figma also raised its full-year 2026 revenue guidance to **$1.463B–$1.467B**, representing roughly 39% YoY growth. For Q3, management guided to **$373M–$375M** in revenue, or approximately 36% YoY growth. On AI adoption, Figma said more than **80% of customers with $10K+ ARR were consuming AI credits weekly**, and more than **50% of $10K+ ARR customers were using the Figma agent weekly as of July 31.** Despite the revenue beat and raised full-year guidance, FIG dropped sharply in after-hours trading following the report. Official earnings release: [https://investor.figma.com/files/doc\_financials/2026/q2/Figma-Q2-26-Press-Release.pdf](https://investor.figma.com/files/doc_financials/2026/q2/Figma-Q2-26-Press-Release.pdf)