Figma (FIG) Reports Q4 2025 Revenue Growth of 40% to $304M, Surpasses $1B Full-Year Mark

Figma Inc. (NYSE:FIG) is one of the best new tech stocks to invest in now. On February 18, Figma reported the financial results for Q4 2025, with revenue reaching $304 million, marking a 40% increase year-over-year. For the full year, the company surpassed $1 billion, generating $1.056 billion in total revenue. This growth was supported by a net dollar retention rate of 136% among customers with over $10,000 in ARR and international expansion, which grew 45% compared to the previous year.

The company is prioritizing AI-native functionality to drive user engagement and expand its customer base. The CEO highlighted the success of Figma Make and the integration of AI credits, noting that 75% of large customers are already using these credits weekly. However, Figma also anticipates that its non-GAAP operating margin will decrease from 12% in 2025 to 8% in 2026. This is attributed to increased investments in AI infrastructure, elevated stock-based compensation following its IPO, and the costs associated with transitioning to a hybrid monetization model involving both seats and AI credits.

Figma provided Q1 2026 revenue guidance of $315 to $317 million and full-year guidance of approximately $1.37 billion. Management remains focused on blurring the lines between design, engineering, and product management through its unified platform.

Figma Inc. (NYSE:FIG) develops a browser-based tool for designing user interfaces that helps design and development teams build various products.

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