Figma’s Stock Plunge Despite Strong Earnings Highlights Growth Concerns
Figma's recent earnings report showcased impressive metrics—41% revenue growth and $28 million in net income for Q2 2025—yet its stock tumbled over 15%. The disconnect stems from investor alarm over decelerating growth, a stark contrast to the company's blockbuster IPO in July.
Market sentiment soured as generative AI emerged as a potential disruptor to Figma's design-software dominance. Clients like Airbnb and Google may increasingly weigh cost-efficient AI alternatives against premium tools. The earnings dip reflects broader skepticism about tech firms' ability to maintain momentum amid rapid technological shifts.