Core Insights - Figma, Inc. reported strong third-quarter earnings, surpassing both revenue and earnings estimates, leading to a rise in stock price [1][2] Financial Performance - Quarterly earnings were ten cents per share, exceeding the consensus estimate of five cents [2] - Quarterly revenue reached $274.17 million, beating the Street estimate of $265.21 million by 3.38% [2] Company Highlights - The third quarter was described as the best in Figma's history, achieving an annual revenue run rate of over $1 billion and record revenue [4] - The growth was attributed to investments in AI products, particularly Figma Make and the MCP server, which expanded the customer base [4] Future Outlook - Figma anticipates fourth-quarter revenue between $292 million and $294 million, above the analyst estimate of $282.85 million [5] - The fiscal 2025 revenue outlook has been raised to between $1.044 billion and $1.046 billion, compared to the previous estimate of $1.025 billion [5] Customer Metrics - The Net Dollar Retention Rate for customers with an Annual Recurring Revenue (ARR) of $10,000 or more was 131%, an increase of two percentage points quarter-over-quarter [6] - Figma had 12,910 paid customers with more than $10,000 in ARR as of September 30, 2025, adding over 1,000 in the third quarter [6] - There were 1,262 paid customers with more than $100,000 in ARR, with an addition of over 140 in the third quarter [6]