← Figma overview

Figma vs Itron: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Figma, Inc. (FIG)

Q3 2026
▼3

Figma beats Q2 but AI costs and slowing growth spook investors

  • AI inference costs squeeze margins Figma's Q2 results beat estimates, but the cost of running AI features jumped 117% because the company pays for AI computing power on beta products that don't yet earn revenue. This near-term hit to profit margins, plus soft full-year operating income guidance, drove the stock down about 15%.

    This is the main new reason FIG fell this period and directly explains the price move.

  • Growth is slowing and top executives are leaving Revenue rose 48% to over $370 million, but Q3 guidance implies growth slowing to about 36%. The CEO also announced the chief marketing officer and chief product officer are departing. Slower growth and leadership turnover make investors worry the best days of expansion may be behind it.

    Slowing growth guidance and executive departures are new, concrete negatives that push the stock down.

  • Lock-up expiration could release millions of shares An upcoming lock-up expiration could let early investors and employees sell millions of Figma shares, adding selling pressure. Combined with the AI cost concerns and slowing growth, this creates a near-term headwind for the stock price.

    The lock-up is a new, specific supply risk that can push the share price down.

July 2026
▼3

Figma beats Q2 but AI costs and slowing growth spook investors

  • AI inference costs squeeze margins Figma's Q2 results beat estimates, but the cost of running AI features jumped 117% because the company pays for AI computing power on beta products that don't yet earn revenue. This near-term hit to profit margins, plus soft full-year operating income guidance, drove the stock down about 15%.

    This is the main new reason FIG fell this period and directly explains the price move.

  • Growth is slowing and top executives are leaving Revenue rose 48% to over $370 million, but Q3 guidance implies growth slowing to about 36%. The CEO also announced the chief marketing officer and chief product officer are departing. Slower growth and leadership turnover make investors worry the best days of expansion may be behind it.

    Slowing growth guidance and executive departures are new, concrete negatives that push the stock down.

  • Lock-up expiration could release millions of shares An upcoming lock-up expiration could let early investors and employees sell millions of Figma shares, adding selling pressure. Combined with the AI cost concerns and slowing growth, this creates a near-term headwind for the stock price.

    The lock-up is a new, specific supply risk that can push the share price down.

Latest
▼3

Figma beats Q2 but AI costs and slowing growth spook investors

  • AI inference costs squeeze margins Figma's Q2 results beat estimates, but the cost of running AI features jumped 117% because the company pays for AI computing power on beta products that don't yet earn revenue. This near-term hit to profit margins, plus soft full-year operating income guidance, drove the stock down about 15%.

    This is the main new reason FIG fell this period and directly explains the price move.

  • Growth is slowing and top executives are leaving Revenue rose 48% to over $370 million, but Q3 guidance implies growth slowing to about 36%. The CEO also announced the chief marketing officer and chief product officer are departing. Slower growth and leadership turnover make investors worry the best days of expansion may be behind it.

    Slowing growth guidance and executive departures are new, concrete negatives that push the stock down.

  • Lock-up expiration could release millions of shares An upcoming lock-up expiration could let early investors and employees sell millions of Figma shares, adding selling pressure. Combined with the AI cost concerns and slowing growth, this creates a near-term headwind for the stock price.

    The lock-up is a new, specific supply risk that can push the share price down.

Itron Inc (ITRI)

Q3 2026
▲3▼1

Itron's AI Software Push and Record Margins Offset Revenue Decline

  • Q2 Earnings Beat and Raised Guidance Itron reported Q2 EPS of $1.59, beating expectations, and raised full-year 2026 revenue and EPS guidance. The stock jumped over 26% as investors focused on record gross margin and strong free cash flow, signaling confidence in future profits.

    This is the primary event that drove the stock's major move and sets the positive tone for the period.

  • New AI-Powered Software Launches Itron launched IEE Cloud AI for meter data management and Riva Gen6 meters in Asia-Pacific, expanding its software and hardware offerings. These products help utilities use data better and support grid stability, potentially driving future recurring revenue and market growth.

    These launches represent new growth avenues and reinforce Itron's shift to higher-margin software, which can lift long-term earnings.

  • Security Partnership for Smart Meters Itron partnered with Crytica Security to embed real-time threat detection in smart meters, addressing a critical vulnerability. This enhances product value and aligns with the software-centric strategy, potentially increasing demand from security-conscious utilities.

    This partnership strengthens Itron's competitive edge and supports its higher-margin software focus, which is key to the investment thesis.

  • Revenue Decline and Backlog Dip Despite profit growth, Q2 revenue fell 7% to $563 million due to a 17% drop in Networked Solutions, and backlog slipped to $4.4 billion. This shows underlying demand challenges that could pressure future sales if the trend continues.

    This is the main counterweight to the positive earnings, highlighting a real risk that investors should consider.

August 2026
▲3▼1

Itron's AI Software Push and Record Margins Offset Revenue Decline

  • Q2 Earnings Beat and Raised Guidance Itron reported Q2 EPS of $1.59, beating expectations, and raised full-year 2026 revenue and EPS guidance. The stock jumped over 26% as investors focused on record gross margin and strong free cash flow, signaling confidence in future profits.

    This is the primary event that drove the stock's major move and sets the positive tone for the period.

  • New AI-Powered Software Launches Itron launched IEE Cloud AI for meter data management and Riva Gen6 meters in Asia-Pacific, expanding its software and hardware offerings. These products help utilities use data better and support grid stability, potentially driving future recurring revenue and market growth.

    These launches represent new growth avenues and reinforce Itron's shift to higher-margin software, which can lift long-term earnings.

  • Security Partnership for Smart Meters Itron partnered with Crytica Security to embed real-time threat detection in smart meters, addressing a critical vulnerability. This enhances product value and aligns with the software-centric strategy, potentially increasing demand from security-conscious utilities.

    This partnership strengthens Itron's competitive edge and supports its higher-margin software focus, which is key to the investment thesis.

  • Revenue Decline and Backlog Dip Despite profit growth, Q2 revenue fell 7% to $563 million due to a 17% drop in Networked Solutions, and backlog slipped to $4.4 billion. This shows underlying demand challenges that could pressure future sales if the trend continues.

    This is the main counterweight to the positive earnings, highlighting a real risk that investors should consider.

Latest
▲3▼1

Itron's AI Software Push and Record Margins Offset Revenue Decline

  • Q2 Earnings Beat and Raised Guidance Itron reported Q2 EPS of $1.59, beating expectations, and raised full-year 2026 revenue and EPS guidance. The stock jumped over 26% as investors focused on record gross margin and strong free cash flow, signaling confidence in future profits.

    This is the primary event that drove the stock's major move and sets the positive tone for the period.

  • New AI-Powered Software Launches Itron launched IEE Cloud AI for meter data management and Riva Gen6 meters in Asia-Pacific, expanding its software and hardware offerings. These products help utilities use data better and support grid stability, potentially driving future recurring revenue and market growth.

    These launches represent new growth avenues and reinforce Itron's shift to higher-margin software, which can lift long-term earnings.

  • Security Partnership for Smart Meters Itron partnered with Crytica Security to embed real-time threat detection in smart meters, addressing a critical vulnerability. This enhances product value and aligns with the software-centric strategy, potentially increasing demand from security-conscious utilities.

    This partnership strengthens Itron's competitive edge and supports its higher-margin software focus, which is key to the investment thesis.

  • Revenue Decline and Backlog Dip Despite profit growth, Q2 revenue fell 7% to $563 million due to a 17% drop in Networked Solutions, and backlog slipped to $4.4 billion. This shows underlying demand challenges that could pressure future sales if the trend continues.

    This is the main counterweight to the positive earnings, highlighting a real risk that investors should consider.

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