Figma has significantly expanded its user base, adding over 90,000 paid teams in the last two quarters to reach a total of 540,000. This growth is partly attributed to the successful launch of new AI-powered tools, with the company rolling out over 50 new features in the third quarter of 2025. Notably, the AI tool 'Figma Make' has seen strong adoption, with about 30% of high-value customers using it weekly. Despite this strong customer acquisition and a 38% year-over-year revenue increase in Q3 2025, Figma's stock has faced significant headwinds. The company's shares have fallen substantially since its July 2025 IPO and are down over 48% in the last three months alone. This market performance reflects intense competition from rivals like Adobe and Atlassian, who are also heavily investing in and seeing strong adoption of their own AI-driven products.