Reuters · October 15, 2026

Figma CFO Praveer Melwani Says the Company Is Willing to Accept Lower Margins to Expand Its User Base Through AI Spending

• Figma CFO Praveer Melwani told the Reuters Global Markets Forum on Thursday that it was uncertain whether the company would return to peak gross margin levels as it increases AI spending, according to the report.
• Figma's quarterly gross profit margins have fallen to the mid-80% range over the past year, down from above 90% historically, according to the report.
• Figma's stock has fallen about 43% this year, according to the report.
• Earlier this year, Figma moved to a usage-based pricing model for AI credits on its platform, according to the report.

Statements attributed to Praveer Melwani as reported. Original headline: "Figma CFO says design platform willing to put margins on the line to boost AI demand".