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Following its IPO last year, Figma reported two consecutive quarters of revenue growth deceleration. Then it flipped and revenue growth re-accelerated in each of the last three quarters. Given investors ever growing obsession with “accelerating revenue” companies, at first glance you may be surprised that the stock has been

“Quick update: not dead”…that’s what Dylan Field tweeted after releasing Figma’s 1Q’26 earnings! For the second consecutive quarters, Figma’s growth re-accelerated, growing ~46% in 1Q’26. These sequential quarters of acceleration was due to multiple factors: the pricing tailwind from the March 2025 hikes

While Figma’s stock reacted positively to its 4Q’25 earnings, the stock is still down ~33% YTD. Considering the SaaS-ocalypse backdrop, Figma posted pretty strong numbers. Its revenue growth accelerated from 38% YoY in 3Q’25 to 40% in 4Q’25. Figma’s Net Dollar Retention (NDR) for

You can listen to the Deep Dive here Back in 2011, Dylan Field, then a 18-year old intern at the social magazine startup Flipboard, found himself wrestling with clunky design software. He was frustrated by Adobe Fireworks and wondered aloud why designing on a computer couldn’t be as