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Figma (NYSE: FIG) has had one of the wildest post-IPO rides in recent memory. After debuting at $33 in July 2025, the stock soared to nearly $143 before crashing to around $20. That’s an 88% collapse from peak levels, despite the business itself continuing to grow rapidly.
Figma (NYSE:FIG) reported accelerating revenue growth in its fiscal first quarter of 2026, with management pointing to stronger seat expansion, enterprise adoption and early monetization of artificial intelligence features as key drivers. Co-founder and Chief Executive Officer Dylan Field said the
Figma Inc (FIG) reports robust revenue growth and increased AI feature adoption, while navigating competitive pressures and evolving market dynamics.
Figma stock rises following first-quarter earnings with the design software developer hiking full-year guidance even as AI worries persist.
Figma raised its annual revenue forecast on Thursday, as growing adoption of its artificial intelligence tools helped convert more users to paid plans and grow the use of its design software across large corporate customers, sending its shares up 15% in extended trading. The company now expects 2026 revenue between $1.42 billion and $1.43 billion, compared with its prior forecast of $1.36 billion to $1.37 billion. Figma's offerings have strongly resonated with customers, which range from Fortune 500 companies to freelancers, as its browser-based platform allows users to go from creating simple sketches to coding and shipping.
FIG heads into Q1 earnings results with strong AI product traction, rising enterprise adoption and expanding international revenue growth.
The pace of first quarter earnings reports eases this week as economic data takes center stage, but investors will still be on the lookout for results from a handful of big corporations.
The pace of first quarter earnings reports eases this week as economic data takes center stage, but investors will still be on the lookout for results from a handful of big corporations.
The pace of first quarter earnings reports eases this week as economic data takes center stage, but investors will still be on the lookout for results from a handful of big corporations.
The pace of first quarter earnings reports eases this week as economic data takes center stage, but investors will still be on the lookout for results from a handful of big corporations.
NEW YORK, April 29 (Reuters) - SpaceX is telling investors that no one can fire Elon Musk from his role as chief executive and chairman of the board without the billionaire founder's consent, according to an excerpt of its IPO filing reviewed by Reuters. The filing states that Musk "can only be removed from our board or these positions by the vote of Class B holders" - super-voting shares with ten votes apiece that he will control after the IPO, making his removal effectively a self-vote.
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