secwatch.observer — SEC 8-K summary
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Issuer:     Figma, Inc. (FIG)
CIK:        0001579878
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001628280-25-049555
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Figma Q3 revenue $274M (+38% YoY), record ARR >$1B; raises FY25 guidance
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- Revenue $274.2M, up 38% YoY, above guidance; annualized run-rate exceeds $1B.
- GAAP operating loss $(1.1)B due to $975.7M one-time IPO SBC; non-GAAP op. income $34M.
- Non-GAAP EPS $0.10 diluted; non-GAAP net income $62.4M; operating cash flow $51.2M.
- NDR for $10K+ ARR customers was 131%; added 1,000+ such customers in Q3.
- FY25 revenue guidance raised to $1.044-$1.046B (40% YoY); Q4 guidance $292-$294M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579878/000162828025049555/0001628280-25-049555-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579878/000162828025049555/fig-20251105.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-049555

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer