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Well, good day, everyone, and welcome to the Figma Q4 2025 Earnings Call. Today's call is being recorded. [Operator Instructions] I would now like to turn the conference over to Mr. Brendan Mulligan.

For the second quarter of 2025, Figma reported revenue of $250 million, which was a 41% year-over-year increase. To be sure, that's one of the better growth rates among publicly traded companies.

CEO Dylan Field described 2025 as "a massive year for Figma, and the fourth quarter was our best quarter yet." He highlighted $304 million in Q4 revenue, a 40% year-over-year growth rate, and a net ...