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Fortune
Fortune
Allie Garfinkle

Figma is getting crushed in its post-IPO earnings debut; CEO Dylan Field is focused on AI’s long-term power to ‘raise the ceiling’

Dylan Field gestures with his arms while speaking (Credit: MICHAEL NAGLE—Bloomberg/Getty Images)

Five weeks after going public with a stunning 250% first-day pop, Figma is coming back down to earth. 

Shares of design software company Figma plunged 14% in extended trading, as investors took a dim view of Figma’s first-quarter earnings report. 

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