Filing Flows › Figma (FIG) › Q3 2026
Figma (FIG) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Figma (FIG) reported revenue of $391M for the third quarter 2026 (Q3 2026), +43% from a year earlier and +6% from the quarter before. Operating margin was -30.4%, net loss $81.3M (20.8% of revenue).
Figma, Q3 2026: revenue $391M (+43% year over year), operating margin -30.4%, net loss $81.3M, operating cash flow $48.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $391M | +6% | +43% |
| Operating profit | −$119M | — | — |
| Net earnings | −$81.3M | — | — |
| Operating cash flow | $48.4M | -21% | -5% |
| Free cash flow | $41.5M | — | — |
What changed
Revenue was $391.4M in Q3 2026, up 43% year over year and up 6% from the previous quarter.
Gross margin was 80.3%, up 10.9 points from Q3 2025. Operating costs exceeded revenue by $119.2M, an operating margin of -30.4%. Operating expenses fell 67% while revenue rose 43%. The quarter ended with a net loss of $81.3M, narrower than the previous quarter's $112.2M loss. Non-operating items added $47.3M, -66% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $48.4M (down 5% year over year). Non-cash charges added back $5.5M of depreciation and amortization and $158.6M of share-based compensation. Working capital and other items used $34.3M. After capital expenditures ($6.9M), free cash flow as the company reports it was $41.5M.
Questions
What was Figma's revenue in the third quarter 2026?
Figma (FIG) reported revenue of $391M for the third quarter 2026 (Q3 2026), +43% from a year earlier and +6% from the quarter before.
Was Figma profitable in the third quarter 2026?
Operating loss was $119M (-30.4% of revenue) and net loss $81.3M.
Source: Figma 10-Q on SEC EDGAR.