Figma Inc.'s stock surged 8.89% in post-market trading on Thursday, following the release of its first-quarter financial results.
The collaborative design platform reported quarterly adjusted earnings of $0.10 per share, surpassing the analyst consensus estimate of $0.06. Revenue for the quarter reached $333.44 million, beating estimates of $313.16 million and representing a 46% increase year-over-year.
Driving the positive investor sentiment, the company raised its full-year 2026 revenue outlook to a range of $1.42 billion to $1.43 billion, up from its prior forecast. Management attributed the strong performance and optimistic guidance to the growing adoption and successful monetization of its artificial intelligence tools, including Figma Make and Figma Weave, which are converting more users to paid plans and expanding engagement among large corporate customers.