Slide 1: Q1 2026 Results
gy O12026 Results
Slide 2: Forward-looking statements and non-GAAP disclaimer
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 guidance and future financial performance,
Slide 3: Dylan Field, CEO + Co-Founder
Dylan Field CEO + Co-Founder
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Slide 8: Q1 Highlights Q1 2026
8 Qt Highlights Q12026 Revenue $333M Refer to the appendix to this presentation for a definition of Net Dollar Retention Rate. Non-GAAP Operating Margin and Free Cash Flow Mar in the appendix to this presentation. Note that Adjusted Free Cash Flow and Free Cash Flow are equivalent for Qi 2026. are n
Slide 9: Customer quote: Figma as single source of truth
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Slide 11: Rocket: adoption across the organization
QRocket "We're seeing adoption across the organization. Teams across Rocket are using Figma Make to rapidly build dashboards, craft presentations, and explore new customer experiences, all built on top of our shared design system and brand foundations." WILL HOBICK DESIGN ENGINEER Q Rocket Mortgage
Slide 12: NBBJ: architects generate and refine in real time
nbbj be cou "Architects generate and refine in real time, pushing until the result meets the exacting bar their work demands. They generate multiple times more content — and that content is more thoughtful and relevant to the client.” IMAGE + GEMINI 3 SIMON MANNING ASSOCIATE, DESIGN TECHNOLOGY INTEG
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Slide 15: Building a component set with AI
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Slide 16: Creating layouts for a reading app
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Slide 17: Creating a financial goals dashboard
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Slide 18: Making the graph dynamic
vin Savings Make the graph dynamic, reflecting the relative spend in each category.| +0 cm 1) Total savings Mar 2-Mar 2 $374.88 |
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Slide 20: Praveer Melwani, CFO
Praveer Melwani CFO
Slide 21: Financial Results: Revenue
B Financial Results Q12026 Revenue Q2 24 Q3 24 Q4 24 $177.2M $198.6 $216.9M ‘49% YoY 50% YoY 50% YoY Q125 $228.2M 46% YoY Year-over-year Growth 46% Q2 25 $249.6M 41% YoY Q3 25 $274.2M 38% YoY Q4 25 $303.8M 46% YoY 40% YoY
Slide 22: Net Dollar Retention Rate
8 Financial Results Q1 2026 Net Dollar Retention Rate 139% Q2 24 Q3 24 Q4 24 Q125 Q2 25 Q3 25 Q425 Q126 130% 131% 134% 132% 129% 131% 136% 139% Refer to the appendix to this presentation for a definition of Net Dollar Retention Rate.
Slide 23: Paid Customers above $10,000 and $100,000 ARR
8 Financial Results Q12026 Paid Customers with more than $10,000 in ARR Paid Customers with more than $100,000 in ARR Q224 Q3 24 Q424 Q125 Q225 Q325 Q425 Q126 Q224 Q3 24 Q424 Q125 Q225 Q325 425 Q126 9,071 9,762 10,517 1,107 11,906 12,910 13,861 15,218 787 876 963 1,031 4419 1,262 1,405, 1,525 Refer
Slide 24: Financial Results Q1 2026
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Slide 25: Non-GAAP Gross Profit and Gross Margin
8 Financial Results Q12026 Non-GAAP Gross Profit Non-GAAP Gross Margin Q2 24 Q3 24 Q4 24 Q125 Q2 25 Q3 25 Q425 $163.2M $183.1M $200.6M $208.8M $224.0M $236.9M $261.8M Non-GAAP Gross Profit and Non-GAAP Gross Margin are non-GAAP financial measures. Please see the reconciliation from GAAP to non-GAAP
Slide 26: Non-GAAP Operating Income and Margin
8 Financial Results Q1 2026 Non-GAAP Operating Income Non-GAAP Operating Margin S52M 16% Q2 24 Q3 24 Q4 24 Q125 Q2 25 Q3 25 Q425 Q126 $4.9M $47.9M $56.4M $40.0M $11.5M $34.0M $44.0M $52.1M Non-GAAP Operating Income and Non-GAAP Operating Margin are non-GAAP financial measures. Please see the reconci
Slide 27: Adjusted Free Cash Flow and Margin
8 Financial Results Q12026 Adjusted Free Cash Flow Adjusted Free Cash Flow Margin S89M 21% Q2 24 Q3 24 Q4 24 Q125 Q2 25 Q3 25 Q425 S6.1M $61.0M $65.7M $94.6M $60.6M $49.0M $38.5M Adjusted Free Cash Flow and Adjusted Free Cash Flow Margin are non-GAAP financial measures. Please see the reconciliation
Slide 28: Guidance Q1 2026
8 Guidance Q12026 — 348-350M Non-GAAP Operating Income is ar are out of our control or cannot ‘AAP financial measure. We have not reconciled our outlook as to Non-GAAP Operating Income to its most directly comparable GAAP measure Li ably predicted. Accordingly, a reconciliation for forward-looking N
Slide 29: Q&A
Slide 30: Appendix
y | Appendix
Slide 31: Metric definitions
8 Net Dollar Retention Rate ("NDR"): We calculate NDR as of the applicable period of measurement by starting with the ARR of Paid Customers with more than $10,000 in ARR as of twelve months prior to such date of measurement (“Prior Period ARR"). We then calculate the ARR for those same customers as
Slide 32: Reconciliation of Non-GAAP Gross Profit and Gross Margin
se) Reconciliation of Non-GAAP Gross Profit and Gross Margin Q12026 (In thousands) Q224 Q3 24 Q424 Q125 Q225 Q325 425 Q126 GAAP gross profit $137,640 $179,936 $200,482 $208,747 $221,751 $190,289 $249,474 $264,773 Plus: Stock-based compensation expense 24,858 3,034, - - 218 42,987 7174 5,081 Plus: Am
Slide 33: Reconciliation of Non-GAAP Operating Income and Margin
B (In thousands) GAAP operating income (loss) Plus: Stock-based compensation expense Plus: Amortization of stock-based compensation included in capitalized internal use software development costs Plus: Transaction costs and other related expenses associated with the Abandoned Merger with Adobe Plus:
Slide 34: Reconciliation of Free Cash Flow and Adjusted Free Cash Flow
se) Reconciliation of Free Cash Flow and Adjusted Free Cash Flow Q12026 (In thousands) Q224 Q324 424 Q125 Q225 Q325 425 Q126 Net cash provided by (used in) operating act ‘$(178,243) $61,574 $73,091 $97,177 $62,455 $51,163. $39,886 $97,308 Less: Capital expenditures (399) (413) (662) (874) (1,134) (1