Figma reports $370M Q2 revenue, raises FY outlook by $40M as AI adoption accelerates

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Figma reported $370.1 million in second-quarter revenue, up 48% year-over-year, beating its own guidance. The company raised its full-year 2026 revenue forecast by $40 million, now expecting $1.463 to $1.467 billion. Net dollar retention came in at 136%, with existing customers spending 36% more than a year ago. Over 80% of customers in the $10K+ annual recurring revenue tier are consuming AI credits on a weekly basis.

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