The design software company maintained its gross margin even as more people adopted the Figma Make artificial intelligence tool.

Figma has been caught in the software stock selloff that has sent names like Salesforce, ServiceNow, and Intuit plummeting.

The design collaboration platform has shed 80% of its stock value since its 2025 IPO, trading at $23 a share amid a brutal sector-wide rout in SaaS stocks