0001628280-26-070133
SEC filingFigma Q3营收3.914亿美元同比增43%超指引上限，AI与席位扩张驱动，全年营收指引上调。
| 指标 | 本期 | 去年同期 | 同比 |
|---|---|---|---|
| Revenue | $391.4 million | $274.173 million | 43% |
| Gross Margin (GAAP) | 80% | 69% | — |
| Gross Margin (Non-GAAP) | 82% | 86% | — |
| Operating Income (Loss) (GAAP) | $(119.2) million | $(1,136.780) million | — |
| Operating Income (Non-GAAP) | $47.0 million | $34.026 million | — |
| Net Income (Loss) (GAAP) | $(81.3) million | $(1,097.015) million | — |
| Net Income (Non-GAAP) | $53.7 million | $62.356 million | — |
| Diluted EPS (GAAP) | $(0.15) | $(2.72) | — |
| Diluted EPS (Non-GAAP) | $0.10 | $0.10 | — |
| Net Dollar Retention Rate | 131% | — | — |
| 期间 | 指标 | 指引 | 口径 |
|---|---|---|---|
| Q4 2026 | Revenue | $402.0 million – $404.0 million | N/A |
| Full Year 2026 | Revenue | $1.497 billion – $1.499 billion | N/A |
| Full Year 2026 | Non-GAAP Operating Income | $158.0 million – $163.0 million | Non-GAAP |
Q3营收$391.4 million、同比增43%，高于此前指引区间上限$16.4 million，管理层归因于客户持续扩大席位与加深对Figma的投入；GAAP毛利率由69%升至80%，主要因去年同期含大额stock-based compensation（本季$158.586 million vs 去年$1,138.332 million），Non-GAAP毛利率则由86%降至82%，反映AI相关成本结构变化。GAAP营业亏损$(119.2) million、Non-GAAP营业利润$47.0 million（利润率12%，与去年持平），GAAP净亏损$(81.3) million、Non-GAAP净利润$53.7 million，Non-GAAP每股收益$0.10与去年持平。
业务动能方面，Net Dollar Retention Rate 131%，$10,000以上ARR付费客户16,566家（同比增超3,650家）、$100,000以上1,717家（增超450家）；Figma MCP server为周活跃用户增长最快的产品，MCP总使用量环比增3倍、write-back使用量增4倍。经营现金流$48.4 million、自由现金流$41.5 million（利润率11%），现金及有价证券$1.7 billion。指引方面，Q4营收$402.0–$404.0 million（中点同比增33%），全年营收$1.497–$1.499 billion（上调$33.0 million，中点同比增42%），全年Non-GAAP营业利润$158.0–$163.0 million（中点利润率11%）；CFO称AI成本效率改善支撑上调全年营收与Non-GAAP营业利润展望。本新闻稿未披露回购或分红安排。