Figma Inc (NYSE:FIG) shares are falling in extended trading Wednesday after the company reports financial results for the second quarter.
Figma beat Q2 ($370M +48% YoY) and raised FY guidance, but stock fell 16.5% on sustainability doubts. Code commoditization via agents threatens Figma's design-to-dev moat, though NDR 136% shows AI-credit monetization works—yet market fears TAM or margin caps.
Figma Inc (NYSE:FIG) shares are falling in extended trading Wednesday after the company reported financial results for the second quarter.
Figma stock is taking a hit today.
What's weighing on FIG shares?
Figma Q2 Highlights Figma reported second-quarter revenue of $370.08 million, beating estimates of $351.56 million, per Benzinga Pro.
The collaborative web-based software company reported adjusted earnings of eight cents per share, beating estimates of four cents per share.
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Figma holds Bitcoin ETF exposure worth around $91M, not the 938 BTC figure circulating online
