Figma's stock soars as AI earnings momentum helps ease investors' doubts

Core Viewpoint - Figma's stock surged due to strong earnings driven by AI momentum, alleviating investor concerns about potential negative impacts of AI on the software sector [1] Earnings Results - Figma reported a revenue of $304 million for the fourth quarter, representing a 40% increase year-over-year, surpassing the FactSet consensus estimate of $293 million [1] - The company's net dollar retention rate increased to 136%, indicating strong customer growth and sales acceleration [1] - Adjusted earnings were reported at 8 cents per share, aligning with analysts' expectations [1] Investment in AI - Figma is investing in AI, although this spending may impact profit margins in 2026 [1]