Figma lifted its 2026 revenue forecast by $33 million after third-quarter sales exceeded its earlier target, with the company citing customer expansion and improved artificial intelligence cost efficiency.
Figma reported $391.4 million in third-quarter revenue, $16.4 million above the upper end of its earlier forecast. The company reported the results in an earnings release included with a Nov. 4 Form 8-K filed with the Securities and Exchange Commission.
Figma posted a GAAP operating loss of $119.2 million and a GAAP net loss of $81.3 million. Its non-GAAP operating income was $47 million.
Chief Financial Officer Praveer Melwani said customers were increasing their use of Figma and making larger commitments to its artificial intelligence products. He also cited better AI cost efficiency as a factor supporting the higher outlook.
For the fourth quarter, Figma forecast revenue of $402 million to $404 million. Its 2026 revenue forecast is now $1.497 billion to $1.499 billion, alongside expected non-GAAP operating income of $158 million to $163 million.
