FI

Simplify Macro Strategy ETF Earnings Recaps

FIG 2 recaps
Q1 2026 May 15, 2026

Figma shares surged 21% post-earnings on a clear acceleration in revenue growth, stronger net dollar retention, and an upbeat raised guidance that outpaced market expectations.

Key takeaways
  • Q1 2026 revenue rose 46% year-over-year to $333 million, accelerating from 40% growth in the prior quarter.
  • Net dollar retention rate improved to 139%, the highest in over two years, up 3 percentage points sequentially.
  • Non-GAAP operating margin was a solid 16%, alongside a strong free cash flow margin of 27%.
  • Early monetization of AI features via Figma Weave and AI credits contributed to both growth and customer adoption.
  • Raised full-year revenue and operating profit guidance reflects management confidence driven by robust customer expansion and deeper AI integration.
Full recap
Q3 2025 Nov 7, 2025

Figma achieved a record Q3 2025 with $274 million in revenue, marking a 38% year-over-year increase and surpassing guidance, while the company accelerated its product innovation and AI investment strategy.

Key takeaways
  • Revenue exceeded $1 billion in annual revenue run rate, with a record sequential net revenue increase.
  • Net dollar retention rose to 131%, reflecting increased adoption of new products.
  • Non-GAAP operating margin stood at 12% with adjusted free cash flow margin at 18%, despite significant investments in talent and AI.
  • Launched over 50 new features in Q3 to enhance customer experience and drive product velocity.
  • Strategic focus on AI integration and platform interoperability is expanding Figma's reach across diverse customer teams and industries.
Full recap