The Figma Fallout: A Cautionary Tale for Fitness Stocks? When Jim Cramer blasts a company, it usually indicates that something is amiss. This was the case with Figma, Inc. 's (NYSE:FIG) recent earnings debacle.
While Figma's numbers looked solid on paper – $370 million revenue growth at 48% and beating analyst estimates – a closer look reveals concerns.
Figma had to launch an AI agent to fuel its growth, which pushed research and development costs up by 101% year over year. The company's operating margin took a hit, dropping from 16% to 10%.