Design software company Figma reported a strong first quarter with $333.4 million in revenue, marking a 46% year-over-year growth driven largely by its AI-powered tools. The company recently introduced AI credit limits, which are successfully monetizing tool usage as over 75% of its larger customers purchased additional credits after exceeding their limits. With AI features playing a key role in expanding seat adoption across organizations, Figma raised its 2026 revenue forecast to between $1.422 billion and $1.428 billion, anticipating a 35% growth. Following this update, Figma’s stock price climbed over 9% in premarket trading to its highest since March, though still below its IPO peak last July.
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