Is Figma a good company to work for in 2026? A verified read

Revenue for the quarter ended June 30, 2026 was $370.1 million, up 48% year over year and the third consecutive quarter of accelerating growth (SEC EDGAR), after full-year 2025 revenue of $1.056 billion, up 41% (SEC EDGAR). At June 30 it had 15,964 paid customers with more than $10,000 in annual recurring revenue and 1,635 with more than $100,000, against 11,906 and 1,119 a year earlier (SEC EDGAR). Its 10-K names FigJam in 2021, Dev Mode in 2023, Figma Slides in 2024 and Figma Sites, Make, Buzz, Draw and Weave in 2025, and says it intended to begin enforcing AI credit limits in March 2026 (SEC EDGAR); Figma stated on August 5, 2026 that as of June 30 more than 80% of its paid customers above $10,000 in ARR were consuming AI credits weekly and that as of July 31 more than 50% of them were using the Figma agent weekly, and it raised its full-year outlook to $1.463 billion to $1.467 billion (SEC EDGAR). At Config, from June 23 to 25, 2026, it introduced Code Layers, Figma Motion and upgrades to the Figma agent (Figma).

Not on a GAAP basis. The GAAP net loss for the quarter ended June 30, 2026 was $112.2 million, against net income of $28.2 million a year earlier, with a GAAP loss from operations of $117.3 million, a (32)% margin, and non-GAAP operating income of $36.1 million, a 10% margin (SEC EDGAR). The 2025 GAAP loss from operations was $1.3 billion and included a one-time $975.7 million stock-based compensation charge recognized at the IPO in the third quarter (SEC EDGAR). On August 5, 2026 Figma guided full-year non-GAAP operating income of $125.0 million to $135.0 million, and it held $1.7 billion of cash, cash equivalents and marketable securities at June 30 (SEC EDGAR). One older item sits outside that picture: Adobe was required to pay a $1.0 billion termination fee under the merger agreement Figma abandoned on December 17, 2023, and the 10-K keeps the cash received from it outside its adjusted free cash flow as a one-time item (SEC EDGAR).

The growth side is strong. Revenue was $370.1 million in the quarter ended June 30, 2026, up 48% and the third consecutive quarter of acceleration, and the Net Dollar Retention Rate was 136% at June 30, against 129% a year earlier and 139% at March 31, 2026 (SEC EDGAR). The executive bench is moving at the same time: on August 5, 2026 Figma said it was kicking off a search for a new chief technology officer, that Chief Product Officer Yuhki Yamashita had decided to leave and Chief Design Officer Loredana Crisan would lead the product function as well, and that Chief Communications Officer Nairi Hourdajian would become Chief Marketing Officer (The Motley Fool). On the same call the chief financial officer said, "we are hiring fewer people today than we originally had planned". The job board listed 157 open roles on September 4, 2026 (Figma careers).

Figma's Class A common stock has traded on the New York Stock Exchange as FIG since the July 31, 2025 initial public offering, which sold 36,937,080 Class A shares at $33.00 each (SEC EDGAR), so a grant tracks a public share price rather than an internal mark. The IPO lock-up agreements terminated on November 5, 2025, and the extended lock-up with holders of about 54.1% of the Class A shares ran until the earlier of August 31, 2026 or the second trading day after the second-quarter results, so none remained in force as of September 4, 2026 (SEC EDGAR). Voting is split: Class B carries 15 votes a share against one for Class A, and as of December 31, 2025 cofounders Dylan Field and Evan Wallace collectively held substantially all of the Class B shares (SEC EDGAR); Field's Schedule 13D/A filed June 11, 2026 reports 78,923,217 shares, 15.0% of Class A with his Class B counted as converted, and a trust associated with him sold 174,430 Class A shares on May 29, 2026 at a weighted average price of $25.0244 under a trading plan adopted August 4, 2025 (SEC EDGAR). In June 2026 he voluntarily forfeited, for no consideration, restricted stock units covering 2,378,885 Class B shares scheduled to vest on July 1, 2026; no replacement awards were granted, the shares return to the plan's reserve, and the filing gives no reason (SEC EDGAR).

Not on the record. No layoff or workforce-reduction announcement by Figma appears in its SEC filings, on its careers page, or in a web search of news coverage between September 4, 2025 and September 4, 2026 (Figma). It had 1,886 employees at December 31, 2025, up from 1,577 a year earlier, a substantial majority of them in the United States (SEC EDGAR). On the August 5, 2026 earnings call the chief financial officer said, "we are hiring fewer people today than we originally had planned", attributing it to augmenting the team with AI and tools, and on the May 14, 2026 call he said, "We continue to evaluate our hiring needs to make sure we're operating efficiently. We believe the future calls for flatter organizational structures and more smaller, high agency teams" (The Motley Fool).

Dylan Field, a cofounder, is Chair, Chief Executive Officer and President; Praveer Melwani has been Chief Financial Officer since March 2022 and Treasurer since February 2024; Shaunt Voskanian has been Chief Revenue Officer since October 2021; and Brendan Mulligan has been General Counsel and Secretary since February 2024 (SEC EDGAR). On its August 5, 2026 earnings call Figma said Kris Rasmussen, Chief Technology Officer since March 2022, would become Chief Architect while it kicked off a search for a new chief technology officer, with the AI and editor engineering teams reporting to Field meanwhile; that Chief Product Officer Yuhki Yamashita, seven years at the company, had decided to leave and take extended time off, with Chief Design Officer Loredana Crisan leading the product function as well; that Chief Marketing Officer Sheila Vashee would depart at the end of August 2026 and Chief Communications Officer Nairi Hourdajian would take that seat; and that Dev Akhawe, its long-time security leader, would become Chief Security Officer (The Motley Fool). On the board, Mike Krieger, Anthropic's chief product officer, resigned on April 14, 2026, effective immediately, in a departure the 8-K said was not due to any disagreement with the company (SEC EDGAR), and the eight directors, among them Field, lead independent director John Lilly, and William McDermott and Luis von Ahn, who joined in July 2025, were all re-elected at the June 2, 2026 annual meeting (SEC EDGAR).

The bench is the first. Figma said on August 5, 2026 that it was opening a search for a new chief technology officer and that the engineering teams responsible for AI and the editor would report to the chief executive meanwhile; no successor had been announced as of September 4 (The Motley Fool). Khan v. Figma, a proposed class action filed on November 21, 2025 in the Northern District of California, alleges that Figma used customers' designs to train artificial-intelligence models, and on May 8, 2026 the court compelled arbitration and stayed the case (CourtListener). On May 28, 2026 Findell Capital Management published a letter to the chief executive and board asking Figma to simplify its product offering, bring its costs in line with peers and review its board governance (Findell Capital Management). Competition is on the record from the chief executive himself: Anthropic released Claude Design on April 17, 2026 (Anthropic), and on the May 14, 2026 call he said of Anthropic, "obviously, we can't dismiss them", adding, "They have the ability to train in first-party models and couple those with their own products if they choose to. And so we have to pay attention to that" (The Motley Fool). The GAAP net loss for the June quarter was $112.2 million (SEC EDGAR).

Figma's careers page states that it hires across its global hubs and remotely in the United States and Canada, and lists twelve locations: San Francisco, New York City, Seattle, London, Paris, Berlin, Tokyo, Singapore, Bengaluru, Sydney, São Paulo and Tel Aviv (Figma, read September 4, 2026). Each listing states its own arrangement: one Berlin listing offers work "in our Berlin office within a hybrid environment or remote" and one London listing "from our London hub or remotely in the UK", and neither the careers page nor the 10-K states a company-wide days-in-office rule (Figma careers). Listings also state that candidates must keep their cameras on during video interviews, that new hires attend in-person onboarding, and that accommodation requests go to accommodations-ext@figma.com (Figma careers). The careers page describes Maker Week, a week set aside once a year when the whole company works on any Figma-related idea, and Figmate Community Groups open to all employees.