SaaS business models stories

Figma Reports 48% Revenue Growth and Raises Forecast on AI Adoption, But Stock Falls on Executive Departures

Figma reported Q2 2026 revenue of $370.1 million, up 48% year-over-year, and raised its annual forecast citing strong AI feature adoption, with over half of high-value customers using its AI agent weekly. Despite the growth, shares fell 15% in after-hours trading following announcements of executive departures including CMO Sheila Vashee.