Figma Q2 revenue strong, adjusted net profit slightly below expectations, shares fall over 14% after hours
Design software company Figma has released its financial results for the second quarter ending June 30, 2025. The financial report shows: Q2 revenue was $249.6 million, a year-on-year increase of 41%, with adjusted net profit of $11.5 million. Full-year revenue is expected to be between $1.021 billion and $1.025 billion.

Key Financial Highlights for Q2 2025:
Revenue reached $249.6 million, up 41% year-on-year
Operating income was $2.1 million, with an operating margin of 1%;
Non-GAAP operating income was $11.5 million, with a non-GAAP operating margin of 5%
Operating cash flow was $62.5 million, with an operating cash flow margin of 25%
Adjusted free cash flow was $60.6 million, with a free cash flow margin of 24%
Net profit was $28.2 million;
Non-GAAP net profit was $19.8 million, below market expectations of $20.2 million.
As of June 30, 2025, the company held a total of cash, cash equivalents, and marketable securities of $1.6 billion.
Figma also announced its expectations for the third quarter and full year of 2025:
For the third quarter of 2025, revenue is expected to be between $263 million and $265 million. Based on the midpoint of the range, the year-on-year growth rate is about 33%;
For the full year 2025, revenue is expected to be between $1.021 billion and $1.025 billion, with the midpoint corresponding to a year-on-year growth rate of about 37%;
At the same time, non-GAAP operating profit is expected to be between $88 million and $98 million.

After the financial report was released, Figma's after-hours stock price fell by more than 14%.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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