Figma Shares Brace for Volatility as Major Share Unlock Looms Tomorrow
Figma Shares Brace for Volatility as Major Share Unlock Looms Tomorrow
Figma Inc (NYSE:FIG) shares are experiencing significant pressure, having fallen sharply in recent trading following a mixed second-quarter earnings report and the announcement of an impending early lock-up share release. With the crucial lock-up expiration set for September 5, 2025, investors are grappling with potential increased selling pressure.
The design software giant reported its Q2 earnings, missing Wall Street’s profit expectations with earnings per share of $0.00, eight cents below consensus estimates for the period ending June 30. Despite this, the company delivered record revenue of $249.6 million, slightly exceeding forecasts and representing a robust 41% year-over-year increase.
The primary concern for investors appears to be the upcoming early lock-up expiration, which will allow certain employee-held shares to be sold starting tomorrow, September 5, 2025. This development has already contributed to a 10.6% decline in extended trading earlier this week. While 25% of eligible employee shares are expected to be unlocked, a separate extended lock-up for major holders remains in effect until at least mid-2026.
CEO Dylan Field highlighted a strong quarter, citing record revenue and the launch of four new products. CFO Praveer Melwani also noted best-in-class revenue growth and positive operating margin, coupled with continued investment in AI. Figma further raised its full-year revenue guidance to a range of $1.021 billion to $1.025 billion, surpassing previous analyst expectations.
Despite these strong fundamentals and optimistic guidance, investor sentiment remains highly sensitive to the dynamics of share supply, particularly in the wake of IPO lock-up releases. The market’s focus is now firmly on whether the impending share overhang will continue to weigh on Figma’s near-term stock performance.
Disclaimer: This content is aggregated from public sources online. Please verify information independently. If you believe your rights have been infringed, contact us for removal.