Figma’s latest results show that the company is doing much better than many people expected, even with so many new AI tools appearing. Some investors worry that AI software from companies like Adobe, Canva, or newer AI coding and design tools could replace Figma. But the recent numbers suggest the opposite that AI may actually be helping Figma grow faster. More big companies are paying for Figma, existing customers are spending more, and the company is raising its outlook for the year.

The main reason is because Figma is no longer just a simple design app. It has become a shared workspace where designers, developers, managers, and entire teams work together in real time. While AI can create quick designs or prototypes, companies still need a reliable platform to organize projects, manage team collaboration, track changes, and connect everything together. This makes Figma harder to replace than many people think.

There are still risks because AI competition is moving very quickly, and the stock price may remain volatile. But Figma’s strong customer base, growing ecosystem, and ability to add AI into its own products could help it stay ahead. For patient investors, the next few quarters may show that AI is not replacing Figma and it may actually make the platform even more important over time