Figma Rises 10.8% After Cathie Wood’s Ark Invest Buys $8.7M Stake
Figma shares climbed 10.8% after Ark Invest acquired 338,299 shares for $8.7 million. The company widened its net loss 70.8% to $1.25 billion on 41% revenue growth to $1.055 billion and guided 2026 revenue of $1.366–1.374 billion (30% growth).
1. Ark Invest Increases Stake
Ark Invest, through its ARK ETF and ARKW ETF, purchased 338,299 Figma shares for $8.7 million in its latest regulatory filing, boosting institutional confidence in the design platform while reallocating funds away from DraftKings.
2. Shares Jump on Institutional Backing
Figma shares rose 10.8% following the disclosure of Ark Invest’s stake increase, reflecting market enthusiasm for heavyweight investor support and reinforcing bullish sentiment.
3. 2025 Financial Performance
For the full year, Figma’s net loss widened by 70.8% to $1.25 billion as revenues climbed 41% to $1.055 billion. In Q4, revenues grew 40% to $303.8 million while the company swung to a $226 million net loss from prior-year income.
4. 2026 Financial Guidance
Figma projects full-year 2026 revenues between $1.366 billion and $1.374 billion, implying 30% growth, and Q1 revenues of $315–$317 million, or 38% year-over-year growth, underscoring sustained platform demand.