Figma Reports 40% Q4 Revenue Growth and Launches AI-Driven Code to Canvas Feature
Figma’s Q4 revenue reached $304 million, up 40% year-over-year, boosting full-year revenue to $1.056 billion, with non-GAAP operating income of $44 million and $1.7 billion in cash on hand. The company unveiled “Code to Canvas” with Anthropic to convert AI-generated interface code into editable components inside Figma.
1. Q4 Performance
Figma’s Q4 revenue was $304 million, up 40% year-over-year, with full-year sales reaching $1.056 billion. Non-GAAP operating income hit $44 million on an 86% gross margin, and the company held $1.7 billion in cash by year-end.
2. 2026 Guidance
Management forecasts 2026 revenue between $1.366 billion and $1.374 billion, targeting roughly 30% growth, with non-GAAP operating income expected at $100 million to $110 million.
3. Anthropic Partnership
The newly launched Code to Canvas feature integrates Anthropic’s Claude agent to convert AI-generated interface code directly into editable design components within Figma, streamlining the design-development workflow.
4. Institutional Investment
Ark Invest acquired 964,342 Figma shares for approximately $24.9 million across its ARKK and ARKW funds, signaling strong institutional confidence after the AI-powered earnings beat.