Q4 2025 Earnings: Figma and Cheesecake Factory Signal Retail Resilience
Figma and The Cheesecake Factory's Q4 2025 results highlight a bifurcated recovery in digital infrastructure and physical consumer spending. While Figma outperformed expectations with $303.8M in revenue, The Cheesecake Factory saw a stock decline despite better-than-expected sales, reflecting margin pressures in the physical retail space.