Figma projects $293.2M Q4 revenue, adds 90,000 teams, Anthropic partnership
Figma is set to release Q4 2025 earnings with projected EPS $0.07 and revenue $293.2 million, while rising R&D and SG&A costs pressure operating margins. The company added 90,000 paid teams over two quarters to reach 540,000 customers and partnered with Anthropic to integrate Claude Code into editable designs.
1. Q4 Earnings Outlook
Figma forecasts its fourth-quarter 2025 EPS at $0.07 and revenue at $293.2 million, aligning with guidance of $292 million to $294 million. This outlook sets market expectations ahead of its February 18 earnings release.
2. Customer Base Expansion
The design platform added 90,000 paid teams in the past two quarters, bringing its total to 540,000 customers. Notably, 30% of accounts spending over $100,000 annually now use Figma Make weekly.
3. Anthropic Collaboration
Figma partnered with Anthropic to integrate Claude Code into its platform, enabling AI-generated code to be converted into editable design components. This collaboration extends Figma's AI capabilities and may drive product differentiation.
4. Margin Pressure
Rising expenses in research and development, sales, and administrative functions have compressed operating margins. The company is balancing investment in AI product development with cost controls to sustain profitability.