New York, Feb 23, 2026, 07:42 EST — Premarket
- Figma slipped roughly 2% in premarket action, following a volatile period for the design software company.
- Traders have their eyes on a Feb. 25 product update, plus the paid AI credit add-ons set to launch in March.
- Fresh doubts over tariffs sent U.S. index futures lower, putting extra pressure on growth stocks.
Figma dropped 1.95% to $25.58 before the bell Monday, backing off last session’s close at $26.09, data from Investing.com show. Shares have been on a volatile ride since the 2025 debut, still trading well beneath the 52-week peak. Investing
Investors are wrestling with what “AI” will actually mean for Figma’s pricing strategy, and whether the company can tack on fees for fresh features without alienating teams already locked in with paid seats. Eyes now turn to a Figma-hosted product update set for Feb. 25. Figma
No boost from the wider market, either. U.S. stock index futures slipped Monday, with traders wary over tariffs sapping risk appetite. Nasdaq 100 futures dropped roughly 0.5% early on. Reuters
Figma posted $303.8 million in fourth-quarter revenue last week, marking a 40% jump from the same stretch a year ago. For the full year, revenue climbed 41% to $1.056 billion. “2025 was a massive year for Figma,” CEO Dylan Field said in the statement. Figma
The data painted a tougher picture behind Figma’s expansion. The company reported a GAAP net loss of $226.6 million for the quarter, flagging that heavy spending on AI and other operational bets is pressuring margins, even as it rolls out new features to take on much bigger competitor Adobe. Reuters
One notable change: “AI credits,” which track how much you use Figma’s AI tools. According to Figma, customers can start buying extra credits on March 11. The company plans to start enforcing seat-level credit limits a week later, on March 18. Figma
Power users willing to pay might give the company a fresh revenue stream, supplementing what it already makes from per-seat subscriptions. But if those users balk, the company risks absorbing steeper compute costs just to keep its AI features compelling.
Traders won’t have to wait long: Figma’s AI credit terms kick in on March 11, marking the start of the company’s formal push for its “pay for usage” model. The details are laid out at Figma
