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Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
๊ฐ€์ž… March 2022
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$FIG Q1โ€™26 EARNINGS HIGHLIGHTS ๐Ÿ”น Revenue: $333.4M (Est $313.2M) ๐ŸŸข; +46% YoY ๐Ÿ”น Adj. EPS: $0.10 (Est $0.06) ๐ŸŸข ๐Ÿ”น Net Dollar Retention: 139% ๐Ÿ”น Free Cash Flow: $88.6M; 27% margin ๐Ÿ”น Paid Customers: ~690K; +54% YoY FY26 Guide: ๐Ÿ”น Revenue: $1.422B-$1.428B (Est $1.36B) ๐ŸŸข; raised from prior guide ๐Ÿ”น Non-GAAP Operating Income: $125M-$135M Q2 2026 Guide: ๐Ÿ”น Revenue: $348M-$350M (Est $327M) ๐ŸŸข; +40% YoY at midpoint Other Metrics: ๐Ÿ”น Non-GAAP Operating Income: $52.1M; 16% margin ๐Ÿ”น Customers >$10K ARR: 15,218; +37% YoY ๐Ÿ”น Customers >$100K ARR: 1,525; +48% YoY ๐Ÿ”น Operating Cash Flow: $97.3M ๐Ÿ”น Cash & Marketable Securities: $1.6B Commentary: ๐Ÿ”ธ โ€œQ1 was an incredible quarter for Figma: revenue growth accelerated for the second consecutive quarter and customers are going bigger and broader with Figma than ever before.โ€ ๐Ÿ”ธ โ€œOur outperformance in Q1 was fueled by stronger than expected seat expansion across entire organizations, driven by designโ€™s growing importance and adoption of our AI products.โ€
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