Figma stock jumps 15% on 40% revenue growth, easing AI disruption fears

Figma reported Q4 revenue of $303.8M (up 40% YoY, accelerating from 38% in Q3) and crossed $1B in annual revenue for the first time. Net dollar retention hit 136%, its highest in 10 quarters. The company guided 2026 revenue to $1.37B, topping the $1.29B analyst estimate. The strong results ease fears that AI tools would cannibalize Figma's business. The stock had fallen over 80% from its IPO peak of $140+ to about $23 before the earnings beat. Investors are watching whether Figma's partnerships with Anthropic and OpenAI create new growth vectors or invite competition.

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