Analysts expect Figma, Inc. to report Q3 2026 revenue of $376.43 million and a GAAP loss of $0.22 per share, as the stock currently trades at $21.65 against an average analyst price target of $29.90.
The primary focus for investors is the scaling of Figma's usage-based AI monetization model, specifically the adoption of "Figma Make" AI credits among its enterprise customer base.
The company is coming off a strong second quarter where revenue grew 48% year-over-year, though shareholders were spooked by significant margin compression resulting from high AI infrastructure and R&D spending. Market participants are now watching to see if AI-driven expansion can successfully offset a projected top-line growth deceleration to approximately 37% for the third quarter.