Good afternoon and thank you for joining us on today's conference call to discuss Figma's results for the fourth quarter of and full year 2025. On the call, we have Dylan Field, Figma's Co-Founder and ...

Figma's Q4 2025 results confirmed the company's post-IPO momentum, with revenue crossing the billion-dollar threshold for the first time. But the more interesting story for enterprise technology ...

The design software company maintained its gross margin even as more people adopted the Figma Make artificial intelligence tool.

The design platform sees a 70% surge in AI tool usage as enterprise giants double down despite a broader sector rerating.

However, investments in AI and business operations, and stock-based compensation are pushing up ⁠overall costs. Executives have previously said that AI spend will weigh on gross margins. If current ...