Figma Crushes Q4 Earnings, Stock Surges 15% After Hours
Design tool giant posts $303.8M in Q4 revenue, beating estimates and issuing strong guidance that sent shares soaring.
Figma just dropped a monster quarter. The design software company reported Q4 revenue of $303.8 million, a 40% jump year-over-year that handily beat Wall Street's $293.15 million estimate.
The stock ripped more than 15% in after-hours trading. Not a bad Wednesday evening for FIG shareholders.
But it wasn't just the backward-looking numbers that got investors excited. Figma also issued Q1 revenue guidance above analyst expectations, signaling the company sees no slowdown ahead.
The results cement Figma's position as one of the hottest names in design and collaboration software. Since going public, the company has been on a tear — and this quarter suggests the growth engine is still firing on all cylinders.
For a company Adobe once tried to acquire for $20 billion, Figma keeps proving it can stand on its own.