Post-earnings recap
Reported
Thu, May 14, 2026
EPS actual
$0.10
EPS est.
$-0.17
EPS surprise
+160.61%
1-day move
+6.86%
Figma's strong earnings per share performance exceeded expectations significantly, which likely contributed to the stock's 6.86% increase. However, the lack of revenue data and management commentary leaves some uncertainty about the overall performance and future outlook. Investors may be encouraged by the EPS beat but will need more information for a complete picture.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.10 | $0.06 | +160.61% |
| Revenue | — | $316M | — |
No transcript is on record, and the analysis is based on numerical results only.
Figma, Inc. is a technology company specializing in application software, particularly focused on design tools that facilitate collaboration among teams. As businesses increasingly prioritize digital collaboration and design efficiency, Figma's offerings are becoming more relevant in the growing tech landscape.
Last quarter
In the last quarter, Figma reported an EPS of $0.08, significantly beating expectations of a loss. The stock reacted positively, gaining 4.72% the following day.
Management promises and guidance
EPS beat streak
4Q
EPS beat rate
50%
Avg EPS surprise
+68.01%
Avg 1-day reaction
+1.92%
Analysts are cautiously optimistic about Figma's upcoming earnings, expecting a modest profit and stable revenue growth.
Bull case
If Figma exceeds EPS expectations and shows strong revenue growth, it could indicate robust demand for its products, leading to a significant stock price increase.
Bear case
Conversely, if Figma fails to meet earnings expectations or shows signs of slowing growth, it could lead to a negative reaction from investors.
Key metrics to watch
EPS
$0.06Earnings per share is a key indicator of profitability and will show how well Figma is managing its costs and generating profit.
Revenue
$316MRevenue growth is crucial for assessing the company's market demand and overall financial health.
The print will turn on these.
Q1
Will Figma's EPS exceed the consensus estimate of $0.06?
A beat on EPS would reinforce the company's profitability and growth narrative, boosting investor confidence.
Q2
What is the revenue guidance for the next quarter?
Clear guidance on revenue will help investors gauge the company's growth trajectory and market demand.
—
Est. EPS
$-0.24
Est. Rev
$2M
Impl. Move
±12.0%
Why consensus could be wrong
The consensus may underestimate Figma's ability to innovate and capture market share, especially given recent trends in digital collaboration tools.
Supporting evidence
Figma has consistently beaten EPS estimates in recent quarters, indicating strong operational performance.
The options market is pricing a larger move than historical averages, suggesting traders expect significant news.
Recent trends in remote work and digital design may drive higher demand for Figma's products.
Key risk
If Figma's revenue growth exceeds $320M, it could challenge the current cautious outlook.
Pre-commit to what would confirm each case.
This quarter's performance is critical as it will indicate whether Figma can sustain its growth momentum amid increasing competition.
Bull confirmed if
An EPS of $0.07 or higher with revenue exceeding $316M would confirm the bull case.
Bear confirmed if
An EPS below $0.05 or revenue falling short of $315M would validate the bear case.
What the market is pricing for the move.
Implied Move
±16.58%
Historical Avg
±4.6%
The options market is pricing in a significant potential move, suggesting that traders expect volatility around the earnings announcement.
Options are pricing ±16.6% while FIG has averaged ±4.6% over the last 5 prints — setup is pricing rich.
ATM IV
4.0%
30d HV
40.6%
Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.
Bought
$0.00
0 sh
0 insiders
Sold
$480,654.31
22,119 sh
2 insiders
Net
$480,654.31
Net selling
Most Active Insiders· 2 open-market trades
$449,990.06
Net selling
Smart-money positioning from the most recent 13F filings.
Institutional
88.95%
of float
Insider
1.59%
of float
Holders
489
institutions
Top Holders· as of Jun 2026
Greylock Xiv Gp LLC
58,420,365 sh · $1.3B
12.84%
Flat
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Figma beats expectations, history suggests a potential stock increase of around 0.39%, confirming positive market sentiment.
In line / cautious
An in-line report may lead to muted reactions as investors await further clarity from management commentary.
Miss
A miss could result in a decline, with historical patterns indicating a potential drop of around 4.18%.
The lines on the call that would change the story.
$30,664.25
Net selling
Recent Transactions
Oct 5, 2026 · @ $21.74
20,701 sh
$449,990.06
Oct 5, 2026 · @ $21.63
1,418 sh
$30,664.25
Open-market trades only (Form 4 codes P/S). Awards, exercises, and tax-withholding excluded as routine compensation noise.
Index Venture Associates VI Ltd
54,808,069 sh · $1.2B
12.04%
-4.9%
Sc Us (ttgp), Ltd.
26,728,172 sh · $577.9M
5.87%
Flat
FMR, LLC
17,519,489 sh · $378.8M
3.85%
-15.5%
Price (T.Rowe) Associates Inc
16,919,384 sh · $365.8M
3.72%
35.1%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.