Simplify Macro Strategy ETF Q3 2026 Earnings Recap

Figma shares fell 16.7% despite Q3 revenue beating the company’s prior guidance; the transcript doesn’t identify a specific miss, but the sharp reaction suggests investors focused on concerns about the outlook or the durability of growth rather than the reported quarter. The available transcript excerpt provides no forward guidance to confirm the driver.

Key Takeaways

• Q3 revenue was $391 million, up 43% year over year and $16 million above the high end of prior guidance.
• Net dollar retention was 131%; non-GAAP gross profit dollars grew 36% year over year.
• Non-GAAP operating margin was 12% and free cash flow margin was 11%; Figma ended the quarter with $1.7 billion in cash, equivalents and marketable securities.
• Figma’s MCP server had approximately 1 million weekly active users; usage grew 3x quarter over quarter, while writeback usage grew 4x.
• The excerpt includes no next-quarter or full-year guidance, limiting visibility into what investors may have expected for growth and profitability ahead.