Figma (FIG) Stock Surges 5% on AI Growth and Enterprise Momentum

Figma's shares climbed nearly 5% in early trading as investors cheered a robust fourth-quarter performance and ambitious AI-driven enterprise initiatives. The design software firm reported Q4 revenue of $303.8 million, a 40% year-over-year jump that surpassed analyst expectations. Adjusted earnings per share reached 8 cents, edging above the 7-cent forecast.

The company's Make AI tool saw weekly active users surge 70% following the introduction of new monthly credit limits. A strategic partnership with ServiceNow slashed UI and data model setup time by over 80%, demonstrating Figma's expanding enterprise utility. Despite a net loss of $226.6 million, the company projected Q1 revenue between $315 million and $317 million, exceeding market estimates.

Figma's net dollar retention rate climbed to 136%, underscoring strong customer loyalty and account expansion capabilities. The firm forecasts full-year revenue of approximately $1.4 billion, representing a projected 30% growth rate as it transitions from creative workflows to broader enterprise applications.