Figma, Salesforce Shares Drop Despite Strong Q2 Revenue Growth

Figma reported a strong Q2 2025 with a 41% revenue increase to $249.6 million and introduced several new products and acquisitions aimed at expanding its platform and AI capabilities, yet its stock fell sharply due to concerns over partial lock-up expirations and potential dilution. Salesforce also showed solid Q2 results with 10% revenue growth to $10.2 billion and significant AI-driven business growth, including a 120% increase in AI and Data Cloud annual recurring revenue. However, Salesforce's stock declined after hours, partly due to a cautious Q3 revenue forecast below Wall Street expectations amid reduced client spending and macroeconomic uncertainty. Despite beating Q2 earnings estimates and demonstrating steady growth, Salesforce's shares have struggled this year, reflecting concerns about slower demand and the pace of AI adoption and monetization. The broader Q2 earnings season has been positive overall, with S&P 500 earnings per share rising nearly 12%, but investor focus remains on how companies like Salesforce and Figma balance strong financials with market expectations and growth prospects amid economic challenges. Both companies emphasize AI as a strategic growth driver while managing investor concerns about valuation and future demand.