Figma reported first quarter 2026 revenue of $333.4 million, a 46% year-over-year increase, and a non-GAAP diluted EPS of $0.10. The results surpassed analyst expectations, and the company raised its full-year 2026 revenue guidance by $55 million at the midpoint.
Key Highlights
- Revenue growth accelerated for the second consecutive quarter to 46% year-over-year, up from 40% in the previous quarter.
- Net Dollar Retention Rate increased to 139%, its highest level in over two years, indicating stronger spending from existing customers.
- The number of customers with over $100,000 in ARR grew 48% year-over-year, an acceleration from the prior quarter's growth rate.
- The company is seeing early signs of AI monetization, with 60% of customers paying over $100k in ARR using Figma Make on a weekly basis.