Filing Flows › Figma (FIG) › Q2 2026 › vs Q2 2025
Figma (FIG) Q2 2026 vs Q2 2025 (year over year)
Figma's revenue rose $120M (+48%) from $250M in Q2 2025 to $370M in Q2 2026.
Figma, Q2 2026: revenue $370M (+48% year over year), operating margin -31.7%, net loss $112M, operating cash flow $60.9M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 14.4% | 24.3% | -9.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $370M | $250M | $120M | +48% |
| Other income, net | $7.6M | $37.0M | −$29.4M | -79% |
| Net loss | $112M | −$28.2M | $140M | — |
| Costs & expenses | $490M | $287M | $203M | +71% |
| Operating costs | $487M | $248M | $240M | +97% |
| Income tax | $2.5M | $10.8M | −$8.3M | -77% |
| Cost of revenue | $60.5M | $27.9M | $32.6M | +117% |
| Research & development | $167M | $83.1M | $84.3M | +101% |
| Sales & marketing | $155M | $97.7M | $57.2M | +58% |
| General & admin | $105M | $38.9M | $65.8M | +169% |
| Operating cash sources | $173M | $34.2M | $139M | +406% |
| Depreciation & amortization | $4.2M | $3.6M | $615K | +17% |
| Share-based compensation | $148M | $7.3M | $140M | 20× |
| Working capital & other | $21.3M | $23.3M | −$2.0M | -9% |
| Net loss absorbed | $112M | −$28.2M | $140M | — |
| Operating cash flow | $60.9M | $62.5M | −$1.6M | -3% |
| Free Cash Flow (company-reported) | $53.2M | $60.6M | −$7.4M | -12% |
| Capital expenditures | $6.7M | $1.1M | $5.6M | +490% |
| Capitalized internal use software development costs | $995K | $718K | $277K | +39% |
Questions
How much did Figma's revenue grow year over year in Q2 2026?
Figma's revenue rose $120M (+48%) from $250M in Q2 2025 to $370M in Q2 2026.