FIG Figma (FIG) Q2 FY26 earnings call
Figma delivered strong Q2 FY26 results, marked by accelerated revenue growth and the first full quarter of AI monetization. The company is strategically investing in new AI-powered features like Code Layers and Figma Agent, currently in beta, to expand its market and drive future consumption. This investment, alongside seasonal event costs, temporarily impacts near-term margins as the company navigates evolving pricing models and aims for durable, profitable growth.
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FIG operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | This call Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Net revenue retention rate ARR > $10,000 | 139%Our net dollar retention rate for paid customers spending more than $10,000 in ARR reached 139%, up 3 percentage points from the prior quarter and our highest level in over 2 years.Source: earnings call transcript | 136%In Q2, net dollar retention rate for paid customers with more than $10,000 in ARR remained strong at 136%, even as we begin to anniversary our pricing and packaging changes from March 2025.Source: earnings call transcript | -3 pt |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.