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Net Dollar Retention Rate rose to 136%, with strong cash generation including 13% operating cash flow margin and $38.5 million Adjusted Free Cash Flow. For fiscal year 2025, revenue reached $1.056 billion (+41% YoY) with expanding international revenue and improved non-GAAP profitability alongside substantial cash from operations. The release also details Q4 business momentum and 2026 outlook guidance.",{"@graph":69,"@context":122},[70,84,105],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/figma-announces-fourth-quarter-and-fiscal-year-2025-financial-results-press-release/665428/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/figma-announces-fourth-quarter-and-fiscal-year-2025-financial-results-press-release/665428.png","ImageObject",300,407,{"name":92,"@type":93},"Himbo","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-30","2026-10-29",true,{"@type":102,"interactionType":103,"userInteractionCount":24},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118],{"name":109,"@type":110,"acceptedAnswer":111},"What were Figma’s fourth-quarter 2025 revenue and year-over-year growth rate?","Question",{"text":112,"@type":113},"Fourth-quarter revenue was $303.8 million, representing 40% year-over-year growth.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"How did Net Dollar Retention Rate change at the end of 2025?",{"text":117,"@type":113},"Net Dollar Retention Rate rose to 136% as of December 31, 2025, driven by increased platform and AI adoption.",{"name":119,"@type":110,"acceptedAnswer":120},"What cash flow metrics did Figma report for the fourth quarter and full year 2025?",{"text":121,"@type":113},"In Q4 2025, operating cash flow margin was 13% and Adjusted Free Cash Flow was $38.5 million. For fiscal year 2025, operating cash flow margin was 24% and Adjusted Free Cash Flow was $242.7 million.","https://schema.org",{"og:url":83,"og:type":124,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":126,"canonical":83},"index,follow",{"doc_id":128,"site_id":62},665428,1793303063,{"code":4,"msg":5,"data":131},{"doc_id":128,"user_id":132,"nickname":92,"user_avatar":133,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":24,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":139,"language":140,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":141,"faqs":142,"seo_title":143,"seo_description":67,"update_tm":129,"read_time":41},687197100911,"https://ap-avatar.wpscdn.com/avatar/a000239b6f1da00475?x-image-process=image/resize,m_fixed,w_180,h_180&k=1785132997149421697","Figma Announces Fourth Quarter and Fiscal Year 2025 Financial Results  \nFourth quarter revenue of $303.8 million reflects an accelerated 40% year-over-year growth rate.  \nNet Dollar Retention Rate rose to 136% as Figma drove platform and AI adoption.  \nSan Francisco, CA – February 18, 2026 – Figma, Inc. (NYSE:FIG) announced financial results today for its fourth quarter and fiscal year ended December 31, 2025.  \n“2025 was a massive year for Figma, and the fourth quarter was our best quarter yet,” said Figma cofounder and CEO Dylan Field. “Our accelerated revenue and customer growth going into 2026 reflect design’s power and Figma’s essential place at the center of the product development stack. Whether that work begins in a terminal, a prompt box, with UI in the Figma canvas or a hand-drawn sketch, great products come from exploration, craft, and point of view. This is what Figma’s platform uniquely makes possible.”  \n“Q4 was our best quarter for net new revenue on record, as platform-led adoption across our customer base––including enterprise and international––powered durable growth at scale,” said Praveer Melwani, Figma CFO. “We closed the year with 40% year-over-year revenue growth in Q4, an uptick in Net Dollar Retention Rate, and strong cash generation, with a 13% operating cash flow margin. Our healthy balance sheet and positive free cash flow gives us the flexibility to continue investing in AI and the platform while maintaining financial discipline for sustainable, long-term growth.”  \nFourth Quarter 2025 Financial Highlights:  \n• Revenue was $303.8 million, an increase of 40% year-over-year, and above the range of Figma’s previously issued fourth quarter guidance.  \n• GAAP loss from operations was $(195 .5) million ; GAAP operating margin was (64)% . NonGAAP operating income was $44.0 million ; non-GAAP operating margin was 14% .  \n• Net cash provided by operating activities was $39.9 million ; operating cash flow margin was 13% . Adjusted Free Cash Flow was $38.5 million ; Adjusted Free Cash Flow Margin was 13% .  \n• GAAP net loss was $(226 .6) million and non-GAAP net income was $43.0 million.  \n• GAAP net loss per share, basic and diluted was $(0 .44) and non-GAAP net income per share, basic and diluted was $0.08 .  \n• Cash, cash equivalents, and marketable securities were $1.7 billion as of December 31, 2025.  \nFiscal Year 2025 Financial Highlights:  \n• Revenue was $1.056 billion, an increase of 41% year-over-year.  \n• International revenue grew 45% year-over-year.  \n• GAAP loss from operations was $(1 .3) billion ; GAAP operating margin was (122)% . Non-GAAP operating income was $129.5 million ; non-GAAP operating margin was 12% .  \n• GAAP loss from operations, net loss, and net loss per share were impacted by a one-time stockbased compensation expense of $975.7 million, which Figma recognized in the third quarter asa result of its initial public offering.  \n• Net cash provided by operating activities was $250.7 million ; operating cash flow margin was 24% . Adjusted Free Cash Flow was $242.7 million ; Adjusted Free Cash Flow Margin was 23% .  \n• GAAP net loss was $(1 .3) billion and non-GAAP net income was $166.8 million.  \n• GAAP net loss per share, basic and diluted was $(3 .71) and non-GAAP net income per share, basic and diluted was $0.32 and $0.30 , respectively.  \nFourth Quarter 2025 & Recent Business Highlights:  \n• Net Dollar Retention Rate was 136% as of December 31, 2025.  \n• 13,861 Paid Customers with more than $10,000 in ARR as of December 31, 2025.  \n• 1,405 Paid Customers with more than $100,000 in ARR as of December 31, 2025.  \n• 67 Paid Customers with more than $1,000,000 in ARR as of December 31, 2025.  \n• Weekly active users of Figma Make grew over 70% quarter-over-quarter, with over half of Paid Customers with more than $100,000 in ARR building in Figma Make on a weekly basis in the three months ended December 31, 2025.  \n• Over 80% of Figma Make’s weekly active users on Full seats also used ","cbCairmYkr9qFE8a","https://ap.wps.com/l/cbCairmYkr9qFE8a","pdf",163526,12,"English","# Fourth Quarter and Fiscal Year 2025 Financial Results\n## Revenue, retention, and cash flow highlights\n## Fourth Quarter 2025 financial highlights (GAAP and non-GAAP)\n## Fiscal Year 2025 financial highlights (GAAP and non-GAAP)\n## Fourth Quarter 2025 & recent business highlights\n## First Quarter and Full Year 2026 outlook","[{\"question\":\"What were Figma’s fourth-quarter 2025 revenue and year-over-year growth rate?\",\"answer\":\"Fourth-quarter revenue was $303.8 million, representing 40% year-over-year growth.\"},{\"question\":\"How did Net Dollar Retention Rate change at the end of 2025?\",\"answer\":\"Net Dollar Retention Rate rose to 136% as of December 31, 2025, driven by increased platform and AI adoption.\"},{\"question\":\"What cash flow metrics did Figma report for the fourth quarter and full year 2025?\",\"answer\":\"In Q4 2025, operating cash flow margin was 13% and Adjusted Free Cash Flow was $38.5 million. For fiscal year 2025, operating cash flow margin was 24% and Adjusted Free Cash Flow was $242.7 million.\"}]","Figma Announces Fourth Quarter and Fiscal Year 2025 Financial Results - Press Release | PDF"]