Filing Flows › Figma (FIG) › Q2 2026
Figma (FIG) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Figma (FIG) reported revenue of $370M for the second quarter 2026 (Q2 2026), +48% from a year earlier and +11% from the quarter before. Operating margin was -31.7%, net loss $112M (30.3% of revenue).
Figma, Q2 2026: revenue $370M (+48% year over year), operating margin -31.7%, net loss $112M, operating cash flow $60.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $370M | +11% | +48% |
| Operating profit | −$117M | — | -5750% |
| Net earnings | −$112M | — | -497% |
| Operating cash flow | $60.9M | -37% | -3% |
| Free cash flow | $53.2M | — | -12% |
What changed
Revenue was $370.1M in Q2 2026, up 48% year over year and up 11% from the previous quarter.
Gross margin was 83.7%, down 5.2 points from Q2 2025. Operating costs exceeded revenue by $117.3M, an operating margin of -31.7%. Operating expenses grew 94% against revenue growth of 48%. The fastest-growing cost line was General & admin (+169%). The quarter ended with a net loss of $112.2M, narrower than the previous quarter's $142.4M loss.
Operating cash flow was $60.9M (down 3% year over year). Non-cash charges added back $4.2M of depreciation and amortization and $147.6M of share-based compensation. Working capital and other items added $21.3M. After capital expenditures ($6.7M) and capitalized internal use software development costs ($1.0M), free cash flow as the company reports it was $53.2M.
Questions
What was Figma's revenue in the second quarter 2026?
Figma (FIG) reported revenue of $370M for the second quarter 2026 (Q2 2026), +48% from a year earlier and +11% from the quarter before.
Was Figma profitable in the second quarter 2026?
Operating loss was $117M (-31.7% of revenue) and net loss $112M.
Source: Figma 10-Q on SEC EDGAR.