Figma Guides Q4 Revenue of $292–294M as Paid Teams Hit 540,000
Figma forecasts Q4 2025 revenues of $292–294 million and EPS of $0.07. Its AI features—Make, Draw, Sites and Buzz—drove paid teams to 540,000 with 30% of customers spending over $100,000 ARR using Make weekly, while R&D costs climbed 43.6%, S&M 18.6% and G&A 68.2%, resulting in a –7.7% Earnings ESP.
1. Guidance and Consensus Forecasts
Figma is set to report fourth-quarter 2025 results on February 18, projecting revenues between $292 million and $294 million and EPS of $0.07, in line with consensus estimates.
2. Customer Expansion via AI Products
The company’s AI-integrated offerings—Figma Make, Draw, Sites and Buzz—pushed paid teams to 540,000, with 30% of customers spending over $100,000 in ARR using Figma Make on a weekly basis, underpinning its revenue growth trajectory.
3. Rising Expenses and Earnings ESP
Non-GAAP research and development expenses surged 43.6%, sales and marketing rose 18.6% and general and administrative costs jumped 68.2%, which pressured operating margins and contributed to a negative Earnings ESP of 7.7%, reflecting market skepticism ahead of the report.