Slide 1: Figma Financial Results Q3 2025
* Figma FinancialResults 9 "= Q3 2025
Slide 2: Safe Harbor Disclaimer
is3) SAFE HARBOR DISCLAIMER Q3 2025 This presentation contains "forward-looking statements” within the meaning of applicable securities laws. All statements other than statements of historical fact could be deemed to be forward-looking, including, but not limited to, statements regarding our guidanc
Slide 3: Dylan Field, CEO + Co-Founder
DylanField = = ~~ CEO + Co-Founder
Slide 4: Q3 Highlights
Q3 HIGHLIGHTS Q3 2025
Slide 5: Q3 Revenue
ca S274M Q3 Revenue Q3 HIGHLIGHTS Q3 2025 8% YoY Revenue Growth 131% Net Dollar Retention OV Non-GAAP Operating Margin 18% Adjusted Free Cash Flow Margin Non-GAAP Operating Margin and Adjusted Free Cash Flow Margin are non-GAAP financial measures. Please see the reconciliation from GAAP to non-GAAP
Slide 6: Shipped software
Q3 2025 Shipped software > Well-designed software
Slide 7: import fron
import fron import Biology import import import import from './ Can you help me import el v Hepta Slab : : cons esktopHome: | a Wr. make this wireframe rere strument Sans interactive? Designer j,2=" in Developer aie int nter & className= iw + an oS DesktopNav Iowan Old Style Irish Grover Lsland Vhom
Slide 8: 50+ features launched
5O+ features launched
Slide 9: Pioneer by Fin + New asset
Q3 2025 Pioneer by Fin » + New asset Remarks Boghan MiCabe
Slide 10: Platform strategy
Q3 HIGHLIGHTS QS 2025 Platform strategy
Slide 11: Flipkart
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Slide 12: RIS Dual Climate
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Slide 13: Platform strategy
50+ features Platform Investing launched strategy InAl
Slide 14: Figma Make
Figma Make Mobile/Explore Prompt to edit + Could you make a tile view of this screen?
Slide 15: Figma Make
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Slide 16: User Type
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Slide 17: With Figma Make, it took minutes to prototype
“With Figma Make, it took 5 minutes to prototype a chat experience that made the value much clearer in customer demos.” Kristle McCracken Principal Researcher " Okta 3i€ okta okta Home rectory 2 cumomizatons 3 bopestons & ontty Governance © secrty 2 Won Report © settngs © srerois ne usage report sno
Slide 18: Q3 Highlights
Q3 HIGHLIGHTS Q3 2025
Slide 19: Q3 Highlights
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Slide 20: Q3 Highlights
Q3 HIGHLIGHTS Q3 2025 G°0°6
Slide 21: Compositor
COMPOSITOR TEXTURE BACKGROUND REFERENCE Prompt Make the apple chrome plated with this texture as reference.
Slide 22: Q3 Highlights
Q3 HIGHLIGHTS Q3 2025
Slide 23: Closing remarks
Closing remarks
Slide 24: Praveer Melwani, CFO
Q3 2025 Praveer Melwani CFO
Slide 25: Growth philosophy
Growth philosophy
Slide 26: Revenue
B S274M REVENUE 38% Year-over-year Growth Q3 2025 Revenue Q124 Q2 24 Q3 24 Q424 Q125 Q2 25 $156.2M $177.2M $198.6M $216.9M $228.2M $249.6M
Slide 27: Net Dollar Retention
ss) NET DOLLAR RETENTION Q3 2025 131% Net Dollar Retention (For our Paid Customers with more than $10,000 in ARR) Q124 Q2 24 Q3 24 Q424 Q125 Q2 25 125% 130% 131% 134% 132% 129% Refer to the appendix to this presentation for definitions of Net Dollar Retention and Paid Customers with more than $10,00
Slide 28: Paid Customers
BR PAID CUSTOMERS Q3 2025 12,910 1,262 Paid Customers with more than $10,000 in ARR Paid Customers with more than $100,000 in ARR Qi24 Q224 Q3 24 Q424 Qi25 Q225 Q325 8,007 9,071 9,762 10,517 11,107 11,906 12,910 32% Growth Refer to the appendix to this presentation for definitions of Paid Customers
Slide 29: Non-GAAP Gross Margin
6% Non-GAAP Gross Margin NON-GAAP GROSS MARGIN Q3 2025 Qi24 92% Non-GAAP Gross Margin is a non-GAAP financial measure. Please see the reconciliation from GAAP to non-GAAP measures contained in the appendix to this presentation. Q2 24 92% Q3 24 92% Q424 92% Q125 92% Q2 25 90%
Slide 30: Non-GAAP Operating Margin
BR NON-GAAP OPERATING MARGIN Q3 2025 Ovo Non-GAAP Operating Margin as % of Revenue Non-GAAP Operating Margin is a non-GAAP financial measure. Please see the reconciliation from GAAP to non-GAAP measures contained in the appendix to this presentation.
Slide 31: = Ss Ss 2B See
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Slide 32: Cash Position and Adjusted Free Cash Flow Margin
ss) CASH POSITION AND ADJUSTED FREE CASH FLOW MARGIN Q3 2025 Cash, cash equivalents, and marketable securities as of September 30, 2025 Adjusted Free Cash Flow Margin Qi24 Q2 24 Q3 24 Q424 Q125 Q225 Q3 25 31% 4% 31% 30% 41% 24% 18% Adjusted Free Cash Flow Margin is a non-GAAP financial measure. Plea
Slide 33: Guidance
ss) GUIDANCE Q3 2025 — S292-294M — $1,044-1,046M ses $112-117M
Slide 34: Q&A
Slide 35: Appendix
Slide 36: Definitions
ss) DEFINITIONS Annual Recurring Revenue ("ARR"): We calculate ARR as the annualized value of our active customer agreements as of the measurement date, assuming any agreement that expires during the next twelve months following the measurement date is renewed on existing terms. A customer agreement
Slide 37: Reconciliation of Non-GAAP Gross Profit and Gross Margin
BR RECONCILIATION OF NON-GAAP GROSS PROFIT AND GROSS MARGIN Q3 2025 (In thousands) Qi24 Q224 Q324 Q424 Q125 Q225 Q325 GAAP gross profit $143,439 $137,640 $179,936 $200,482 $208,747 $221,751 $190,289 Plus: Stock-based compensation expense 1 24,858 3,034 = - 218 42,987 Plus: Amortization of stock-base
Slide 38: Reconciliation of Non-GAAP Operating Margin
B (In thousands) GAAP operating income (loss) Plus: Stock-based compensation expense Plus: Amortization of stock-based compensation included in capitalized internal use software development costs Plus: Transaction costs and other related expenses associated with the Abandoned Merger with Adobe Plus:
Slide 39: Adjusted Free Cash Flow
BR ADJUSTED FREE CASH FLOW (in thousands) Qi24 Q224 Net cash provided by (used in) operating activities $(18,139) $(178,243) Less: Capital expenditures (503) (399) Less: Capitalized internal use software development costs (1,008) (1,170) Free Cash Flow $(19,650) $(179,812) Plus: Transaction costs an