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    FIGS, Inc. (FIGS)

    Price:

    7.11 USD

    ( - -0.23 USD)

    Your position:

    0 USD

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    ABOUT
    Symbol
    FIGS
    Name
    FIGS, Inc.
    Industry
    Apparel - Manufacturers
    Sector
    Consumer Cyclical
    Price
    7.110
    Market Cap
    1.161B
    Enterprise value
    1.015B
    Currency
    USD
    Ceo
    Catherine Eva Spear
    Full Time Employees
    303
    Ipo Date
    2021-05-27
    City
    Santa Monica
    Address
    2834 Colorado Avenue

    Check the

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    SIMILAR COMPANIES STI SCORE

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    Levi Strauss & Co.

    VALUE SCORE:

    6

    Symbol
    LEVI
    Market Cap
    9.674B
    Industry
    Apparel - Manufacturers
    Sector
    Consumer Cyclical

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    Ralph Lauren Corporation

    VALUE SCORE:

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    Symbol
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    Market Cap
    19.493B
    Industry
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    Oxford Industries, Inc.

    VALUE SCORE:

    10

    Symbol
    OXM
    Market Cap
    604.054M
    Industry
    Apparel - Manufacturers
    Sector
    Consumer Cyclical
    FUNDAMENTALS
    P/E
    161.052
    P/S
    2.038
    P/B
    2.917
    Debt/Equity
    0.130
    EV/FCF
    29.128
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    2.039
    Earnings yield
    0.006
    Debt/assets
    0.100
    FUNDAMENTALS
    Net debt/ebidta
    0.047
    Interest coverage
    0
    Research And Developement To Revenue
    0
    Intangile to total assets
    0
    Capex to operating cash flow
    0.199
    Capex to revenue
    0.017
    Capex to depreciation
    1.118
    Return on tangible assets
    0.014
    Debt to market cap
    0.045
    Piotroski Score
    6.000
    FUNDAMENTALS
    PEG
    0.313
    P/CF
    23.222
    P/FCF
    29.107
    RoA %
    1.389
    RoIC %
    0.777
    Gross Profit Margin %
    67.230
    Quick Ratio
    3.293
    Current Ratio
    5.023
    Net Profit Margin %
    1.261
    Net-Net
    1.185
    FUNDAMENTALS PER SHARE
    FCF per share
    0.245
    Revenue per share
    3.501
    Net income per share
    0.044
    Operating cash flow per share
    0.306
    Free cash flow per share
    0.245
    Cash per share
    1.468
    Book value per share
    2.437
    Tangible book value per share
    2.437
    Shareholders equity per share
    2.437
    Interest debt per share
    0.318
    TECHNICAL
    52 weeks high
    7.540
    52 weeks low
    3.565
    Current trading session High
    7.375
    Current trading session Low
    7.110
    DIVIDEND
    Dividend yield
    0.00%
    Payout ratio
    0.00%
    Years of div. Increase
    0
    Years of div.
    0
    Q-shift
    Dividend per share
    0
    SIMILAR COMPANIES
    logo

    Country
    UY
    Sector
    Technology
    Industry
    Software - Infrastructure
    Dividend yield
    0.037400287%
    Payout Ratio
    102.79499000000001%
    P/E
    27.463
    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Medical - Healthcare Information Services
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    58.571
    logo

    Country
    IL
    Sector
    Consumer Cyclical
    Industry
    Specialty Retail
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -211.280
    logo

    Country
    US
    Sector
    Technology
    Industry
    Software - Infrastructure
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    94.871
    logo

    Country
    US
    Sector
    Technology
    Industry
    Software - Application
    Dividend yield
    0.024236701%
    Payout Ratio
    62.685579999999995%
    P/E
    16.813
    DESCRIPTION

    FIGS, Inc. operates as a direct-to-consumer healthcare apparel and lifestyle company in the United States. It designs and sells healthcare apparel and other non-scrub offerings, such as lab coats, under scrubs, outerwear, activewear, loungewear, compression socks footwear, and masks. It also offers sports bras, performance leggings, tops, super-soft pima cotton tops, vests, and jackets. The company markets and sells its products through its digital platform comprising website and mobile app. FIGS, Inc. was founded in 2013 and is headquartered in Santa Monica, California.

    NEWS
    https://images.financialmodelingprep.com/news/finally-time-to-buy-figs-stock-20251003.jpg
    Finally Time To Buy FIGS Stock?

    forbes.com

    2025-10-03 05:55:18

    The stock of interface design software firm Figma (NYSE:FIG) has experienced a significant downturn, plunging almost 24% over the last month and is currently down more than 55% from the peak it achieved soon after its IPO in July. While such fluctuations are typical for newly listed companies, Figma's extraordinarily high valuation at the time of listing – trading at over 60 times forward sales – has exacerbated the subsequent decline.

    https://images.financialmodelingprep.com/news/figs-inc-figs-presents-at-goldman-sachs-32nd-annual-20250903.jpg
    FIGS, Inc. (FIGS) Presents At Goldman Sachs 32nd Annual Global Retailing Conference 2025 Transcript

    seekingalpha.com

    2025-09-03 19:48:20

    FIGS, Inc. (NYSE:FIGS ) Goldman Sachs 32nd Annual Global Retailing Conference 2025 September 3, 2025 3:55 PM EDT Company Participants Sarah Oughtred - Chief Financial Officer Catherine Spear - Co-Founder, CEO & Director Conference Call Participants Brooke Roach - Goldman Sachs Group, Inc., Research Division Presentation Brooke Roach Research Analyst Good afternoon, and welcome to this next session of the GS 32nd Annual Global Retailing Conference. My name is Brooke Roach, and I cover the apparel brands and softline sector here at Goldman, and I'm very happy to introduce our next session with FIGS.

    https://images.financialmodelingprep.com/news/figs-us-market-seems-to-be-turning-but-the-name-20250811.jpg
    FIGS: U.S. Market Seems To Be Turning, But The Name Is Still Expensive

    seekingalpha.com

    2025-08-11 13:56:36

    FIGS, Inc. delivered strong Q2 results with U.S. core scrubs demand rebounding and solid OpEx leverage, driving improved profitability. Guidance was raised for both revenue and margin, but management remains cautious on 2H25 due to tariffs and reduced promotional activity. International expansion is contributing meaningfully, but US growth remains the key driver amid ongoing headwinds in non-scrubwear and Canada.

    https://images.financialmodelingprep.com/news/figs-inc-figs-q2-2025-earnings-call-transcript-20250808.jpg
    FIGS, Inc. (FIGS) Q2 2025 Earnings Call Transcript

    seekingalpha.com

    2025-08-08 17:53:09

    FIGS, Inc. (NYSE:FIGS ) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants Catherine Eva Spear - Co-Founder, CEO & Director Sarah Oughtred - Chief Financial Officer Thomas D. Shaw - Senior Vice President of Investor Relations Conference Call Participants Angus Kelleher-Ferguson - Barclays Bank PLC, Research Division Brian William Nagel - Oppenheimer & Co. Inc., Research Division Brooke Siler Roach - Goldman Sachs Group, Inc., Research Division Dana Lauren Telsey - Telsey Advisory Group LLC John David Kernan - TD Cowen, Research Division Matthew Butler Koranda - ROTH Capital Partners, LLC, Research Division Nathaniel Jay Feather - Morgan Stanley, Research Division Rakesh Babarbhai Patel - Raymond James & Associates, Inc., Research Division Operator Good afternoon.

    https://images.financialmodelingprep.com/news/figs-figs-q2-revenue-jumps-6-20250808.jpg
    Figs (FIGS) Q2 Revenue Jumps 6%

    fool.com

    2025-08-08 00:53:54

    Figs (FIGS) Q2 Revenue Jumps 6%

    https://images.financialmodelingprep.com/news/figs-figs-reports-q2-earnings-what-key-metrics-have-20250807.jpg
    Figs (FIGS) Reports Q2 Earnings: What Key Metrics Have to Say

    zacks.com

    2025-08-07 19:01:04

    While the top- and bottom-line numbers for Figs (FIGS) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

    https://images.financialmodelingprep.com/news/figs-figs-q2-earnings-and-revenues-beat-estimates-20250807.jpg
    Figs (FIGS) Q2 Earnings and Revenues Beat Estimates

    zacks.com

    2025-08-07 18:46:12

    Figs (FIGS) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.01 per share a year ago.

    https://images.financialmodelingprep.com/news/figs-releases-second-quarter-2025-financial-results-20250807.jpg
    FIGS Releases Second Quarter 2025 Financial Results

    businesswire.com

    2025-08-07 16:05:00

    SANTA MONICA, Calif.--(BUSINESS WIRE)--FIGS, Inc. (NYSE: FIGS) (the “Company”), the global leading healthcare apparel brand dedicated to improving the lives of healthcare professionals, today released its second quarter 2025 financial results and published a financial highlights presentation on its investor relations website at ir.wearfigs.com/financials/quarterly-results/. Second Quarter 2025 Financial Highlights Net revenues were $152.6 million, an increase of 5.8% year over year, primarily d.

    https://images.financialmodelingprep.com/news/figs-releases-second-quarter-2025-financial-results-20250807.png
    FIGS Releases Second Quarter 2025 Financial Results

    https://www.businesswire.com

    2025-08-07 16:05:00

    SANTA MONICA, Calif.--(BUSINESS WIRE)--FIGS, Inc. (NYSE: FIGS) (the “Company”), the global leading healthcare apparel brand dedicated to improving the lives of healthcare professionals, today released its second quarter 2025 financial results and published a financial highlights presentation on its investor relations website at ir.wearfigs.com/financials/quarterly-results/. Second Quarter 2025 Financial Highlights Net revenues were $152.6 million, an increase of 5.8% year over year, primarily due to an increase in orders from new and existing customers and higher average order value (“AOV”).(1) Scrubwear net revenues were $127.4 million, an increase of 7.7% year over year. Non-scrubwear net revenues were $25.2 million, a decrease of 2.5% year over year. U.S. net revenues were $129.9 million, an increase of 3.7% year over year. International net revenues were $22.7 million, an increase of 19.8% year over year. Gross margin was 67.0%, a decrease of 40 basis points year over year, primarily due to higher inventory reserves and tariffs, partially offset by higher duty drawback and a lower return rate. Operating expenses were $92.3 million, a decrease of 3.5% year over year. As a percentage of net revenues, operating expenses decreased to 60.5% from 66.4% in the same period last year, primarily due to lower fulfillment expenses and stock-based compensation expense. Net income was $7.1 million, or $0.04 in diluted earnings per share, compared to net income of $1.1 million, or $0.01 in diluted earnings per share, in the same period last year. Net income margin(2) was 4.7%, as compared to 0.8% in the same period last year. Adjusted EBITDA(3) was $19.7 million, an increase of $6.8 million year over year. Adjusted EBITDA margin(2)(3) was 12.9%, as compared to 9.0% in the same period last year. Key Operating Metrics Active customers(1) as of June 30, 2025 increased 4.1% year over year to 2.74 million. Net revenues per active customer(1) were $208, a decrease of 1.0% year over year. AOV(1) was $117, an increase of 3.5% year over year, primarily driven by higher average unit retail and lower return rates. “We were encouraged to see our momentum continue in Q2, where strong execution drove our largest revenue quarter in our history and powered overall results ahead of expectations,” said Trina Spear, Chief Executive Officer and Co-Founder. “We delivered product merchandising actions that our community loves and impactful marketing that make our Awesome Humans feel truly seen. Adding to this strategic focus, we also believe we are continuing to move further past the COVID overhang toward a more normalized purchasing and replenishment backdrop. The result is top-line growth that when combined with our profitability, demonstrated the true power of our model in the quarter.” Full Year 2025 Financial Outlook Net Revenues growth vs. 2024 up low-single-digits Adjusted EBITDA Margin(2)(4) 8.5% to 9.0% Expand Sarah Oughtred, Chief Financial Officer, commented, “Our growing confidence is supported by our heightened focus on reinvigorating our customer funnel and accelerating growth in our core business. Thoughtful action has positioned us to drive strong year-to-date demand, while also supporting decisive strategic actions as we continue to manage the business in this dynamic trade environment. This overall revenue strength and early cost mitigation success give us confidence in raising our full year 2025 top- and bottom-line outlooks.” (1) “Active customers,” “net revenues per active customer” and “average order value” are key operational and business metrics that are important to understanding the Company’s performance. Please see the sections titled “Non-GAAP Financial Measures and Key Operating Metrics” and “Key Operating Metrics” below for information regarding how the Company calculates its key operational and business metrics and for comparisons of active customers, net revenues per active customer and average order value to the prior year period. (2) “Net income margin” and “adjusted EBITDA margin” are calculated by dividing net income and adjusted EBITDA by net revenues, respectively. (3) Adjusted EBITDA,” “adjusted EBITDA margin” and “free cash flow” are non-GAAP financial measures. Please see the sections titled “Non-GAAP Financial Measures and Key Operating Metrics” and “Reconciliations of GAAP to Non-GAAP Measures” below for more information regarding the Company’s use of non-GAAP financial measures and reconciliations to the most directly comparable GAAP measures. (4) The Company has not provided a quantitative reconciliation of its adjusted EBITDA margin outlook to a GAAP net income margin outlook because it is unable, without making unreasonable efforts, to project certain reconciling items. These items include, but are not limited to, future stock-based compensation expense, income taxes, expenses related to non-ordinary course disputes, and transaction costs. These items are inherently variable and uncertain and depend on various factors, some of which are outside of the Company’s control or ability to predict. For more information regarding the Company’s use of non-GAAP financial measures, please see the section titled “Non-GAAP Financial Measures and Key Operating Metrics.” Expand Conference Call Details FIGS management will host a conference call and webcast today at 2:00 p.m. PT / 5:00 p.m. ET to discuss the Company’s financial and business results and outlook. To participate, please dial 1-833-470-1428 (US) or 1-404-975-4839 (International) and the conference ID 420966. The call is also accessible via webcast at ir.wearfigs.com. A recording will be available shortly after the conclusion of the call until 11:59 p.m. ET on August 14, 2025. To access the replay, please dial 1-866-813-9403 (US) or 1-929-458-6194 (International) and the conference ID 818213. An archive of the webcast will be available on FIGS’ investor relations website at ir.wearfigs.com. Non-GAAP Financial Measures and Key Operating Metrics In addition to the GAAP financial measures set forth in this press release, the Company has included non-GAAP financial measures within the meaning of Regulation G and Item 10(e) of Regulation S-K. The Company uses “adjusted EBITDA” and “adjusted EBITDA margin” to provide useful supplemental measures that assist in evaluating its ability to generate earnings, provide consistency and comparability with its past financial performance and facilitate period-to-period comparisons of its core operating results as well as the results of its peer companies. The Company uses “free cash flow” as a useful supplemental measure of liquidity and as an additional basis for assessing its ability to generate cash. The Company calculates “adjusted EBITDA” as net income adjusted to exclude: other income, net; gain/loss on disposal of assets; provision for income taxes; depreciation and amortization expense; stock-based compensation and related expense; transaction costs; and expenses related to non-ordinary course disputes. The Company calculates “adjusted EBITDA margin” by dividing adjusted EBITDA by net revenues. The Company calculates “free cash flow” as net cash (used in) provided by operating activities reduced by capital expenditures, including purchases of property and equipment and capitalized software development costs. Reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures are included below under the heading “Reconciliations of GAAP to Non-GAAP Measures.” The Company has also included herein “active customers,” “net revenues per active customer” and “average order value,” which are key operational and business metrics that are important to understanding Company performance. The Company believes the number of active customers is an important indicator of growth as it reflects the reach of the Company’s digital platform, brand awareness and overall value proposition. The Company defines an active customer as a unique customer account that has made at least one purchase in the preceding 12-month period. In any particular period, the Company determines the number of active customers by counting the total number of customers who have made at least one purchase in the preceding 12-month period, measured from the last date of such period. The Company believes measuring net revenues per active customer is important to understanding engagement and retention of customers, and as such, the value proposition for its customer base. The Company defines net revenues per active customer as the sum of total net revenues in the preceding 12-month period divided by the current period active customers. The Company defines average order value as the sum of the total net revenues in a given period divided by the total orders placed in that period. Total orders are the summation of all completed individual purchase transactions in a given period. The Company believes its relatively high average order value demonstrates the premium nature of its products. As the Company expands into and increases its presence in additional product categories, price points and international markets, average order value may fluctuate. Active customers as of June 30, 2025 and 2024, respectively, net revenues per active customer as of June 30, 2025 and 2024, respectively, and average order value for the three and six months ended June 30, 2025 and 2024, respectively, are presented below under the heading “Key Operating Metrics.” About FIGS FIGS is a founder-led, direct-to-consumer healthcare apparel and lifestyle brand that seeks to celebrate, empower, and serve current and future generations of healthcare professionals. We create technically advanced apparel and products that feature an unmatched combination of comfort, durability, function, and style. We share stories about healthcare professionals’ experiences in ways that inspire them. We build meaningful connections within the healthcare community that we created. Above all, we seek to make an impact for our community, including by advocating for them and always having their backs. We serve healthcare professionals in numerous countries in North America, Europe, the Asia Pacific region and the Middle East. We also serve healthcare institutions through our TEAMS platform. Forward Looking Statements This press release contains various forward-looking statements about the Company within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are based on current management expectations, and which involve substantial risks and uncertainties that could cause actual results to differ materially from the results expressed in, or implied by, such forward-looking statements. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking. These forward-looking statements generally are identified by the words “anticipate”, “believe”, “contemplate”, “continue”, “could”, “estimate”, “expect”, “forecast”, “future”, “intend”, “may”, “might”, “opportunity”, “outlook”, “plan”, “possible”, “potential”, “predict”, “project,” “should”, “strategy”, “strive”, “target”, “will” or “would”, the negative of these words or other similar terms or expressions. The absence of these words does not mean that a statement is not forward-looking. These forward-looking statements address various matters, including the Company’s belief that it is moving further past the COVID overhang towards a more normalized purchasing and replenishment backdrop; the Company’s growing confidence, supported by heightened focus on reinvigorating its customer funnel and accelerating growth in its core business; the Company’s approach to the dynamic trade environment; and the information under the section titled “Full Year 2025 Financial Outlook,” such as the Company’s outlook as to net revenues growth and adjusted EBITDA margin for the full year ending December 31, 2025; all of which reflect the Company’s expectations based upon currently available information and data. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, the Company’s actual results, performance or achievements may differ materially from those expressed or implied by the forward-looking statements, and you are cautioned not to place undue reliance on these forward-looking statements. The following important factors and uncertainties, among others, could cause actual results, performance or achievements to differ materially from those described in these forward-looking statements: the Company’s ability to maintain its historical growth; the Company’s ability to maintain profitability; the Company’s ability to maintain the value and reputation of its brand; the Company’s ability to attract new customers, retain existing customers, and to maintain or increase sales to those customers; the success of the Company’s marketing efforts; the Company’s ability to maintain a strong community of engaged customers and Ambassadors; negative publicity related to the Company’s marketing efforts or use of social media; the Company’s ability to successfully develop and introduce new, innovative and updated products; the competitiveness of the market for healthcare apparel; the Company’s ability to maintain its key employees; the Company’s ability to attract and retain highly skilled team members; risks associated with expansion into, and conducting business in, international markets; changes in, or disruptions to, the Company’s shipping arrangements; the successful operation of the Company’s fulfillment operations; the Company’s ability to accurately forecast customer demand, manage its inventory, and plan for future expenses; the impact of changes in consumer confidence, shopping behavior and consumer spending on demand for the Company’s products; the impact of macroeconomic trends on the Company’s operations; the Company’s reliance on a limited number of third-party suppliers; the impact of global trade policy on the Company’s ability to source and distribute its products; the fluctuating costs of raw materials; the Company’s ability to execute on its B2B growth strategy; Company’s ability to execute on its retail growth strategy; the Company’s failure to protect proprietary, confidential or sensitive information or personal customer data, or risks of cyberattacks; the Company’s failure to protect its intellectual property rights; the fact that the operations of many of the Company’s suppliers and vendors are subject to additional risks that are beyond its control; and other risks, uncertainties and factors discussed in the “Risk Factors” section of the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2025 to be filed with the Securities and Exchange Commission (“SEC”), the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 filed with the SEC on February 27, 2025, and the Company’s other periodic filings with the SEC. The forward-looking statements in this press release speak only as of the time made and the Company does not undertake to update or revise them to reflect future events or circumstances. FIGS, INC. CONSOLIDATED BALANCE SHEETS (In thousands, except share and per share data) As of June 30, 2025 December 31, 2024 Assets (Unaudited) Current assets Cash and cash equivalents $ 50,849 $ 85,645 Short-term investments 187,991 159,469 Accounts receivable 9,125 8,625 Inventory, net 135,528 115,759 Prepaid expenses and other current assets 10,119 13,268 Total current assets 393,612 382,766 Non-current assets Property and equipment, net 33,109 35,274 Operating lease right-of-use assets 49,297 50,497 Deferred tax assets 11,541 11,643 Investment in equity securities 27,735 27,534 Other assets 1,830 2,073 Total non-current assets 123,512 127,021 Total assets $ 517,124 $ 509,787 Liabilities and stockholders’ equity Current liabilities Accounts payable $ 19,023 $ 9,401 Operating lease liabilities 9,548 10,596 Accrued expenses 22,236 42,316 Accrued compensation and benefits 7,379 5,689 Sales tax payable 3,502 3,705 Gift card liability 10,023 9,604 Deferred revenue 2,996 4,612 Returns reserve 3,002 3,873 Income tax payable 654 346 Total current liabilities 78,363 90,142 Non-current liabilities Operating lease liabilities, non-current 42,147 42,430 Other non-current liabilities 83 83 Total liabilities 120,593 132,655 Commitments and contingencies Stockholders’ equity Class A common stock — par value $0.0001 per share, 1,000,000,000 shares authorized as of June 30, 2025 and December 31, 2024; 154,836,829 and 154,003,352 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 15 15 Class B common stock — par value $0.0001 per share, 150,000,000 shares authorized as of June 30, 2025 and December 31, 2024; 8,283,641 shares issued and outstanding as of June 30, 2025 and December 31, 2024 — — Preferred stock — par value $0.0001 per share, 100,000,000 shares authorized as of June 30, 2025 and December 31, 2024; zero shares issued and outstanding as of June 30, 2025 and December 31, 2024 — — Additional paid-in capital 324,975 312,622 Accumulated other comprehensive income 70 21 Retained earnings 71,471 64,474 Total stockholders’ equity 396,531 377,132 Total liabilities and stockholders’ equity $ 517,124 $ 509,787 Expand FIGS, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except share and per share data) (Unaudited) Three months ended June 30, Six months ended June 30, 2025 2024 2025 2024 Net revenues $ 152,640 $ 144,225 $ 277,541 $ 263,518 Cost of goods sold 50,394 46,961 90,836 84,118 Gross profit 102,246 97,264 186,705 179,400 Operating expenses Selling 34,433 36,934 67,111 65,393 Marketing 23,151 23,003 41,307 40,248 General and administrative 34,747 35,774 68,583 71,763 Total operating expenses 92,331 95,711 177,001 177,404 Net income from operations 9,915 1,553 9,704 1,996 Other income, net Interest income 2,119 2,830 4,195 5,677 Other expense (3 ) — (4 ) (10 ) Total other income, net 2,116 2,830 4,191 5,667 Net income before provision for income taxes 12,031 4,383 13,895 7,663 Provision for income taxes 4,932 3,283 6,898 5,128 Net income $ 7,099 $ 1,100 $ 6,997 $ 2,535 Earnings attributable to Class A and Class B common stockholders Basic earnings per share $ 0.04 $ 0.01 $ 0.04 $ 0.01 Diluted earnings per share $ 0.04 $ 0.01 $ 0.04 $ 0.01 Weighted-average shares outstanding—basic 162,683,329 170,393,480 162,575,259 170,158,479 Weighted-average shares outstanding—diluted 172,929,960 179,688,524 173,517,269 180,195,183 Expand FIGS, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) (Unaudited) Six months ended June 30, 2025 2024 Cash flows from operating activities: Net income $ 6,997 $ 2,535 Adjustments to reconcile net income to net cash (used in) provided by operating activities: Depreciation and amortization expense 4,152 1,963 Deferred income taxes 102 1,991 Non-cash operating lease cost 4,805 3,977 Stock-based compensation 14,856 22,108 Accretion of discount and accrued interest on available-for-sale securities (2,089 ) (2,954 ) Changes in operating assets and liabilities: Accounts receivable (386 ) (5,250 ) Inventory (19,769 ) (254 ) Prepaid expenses and other current assets 3,149 (5,973 ) Other assets 243 (878 ) Accounts payable 9,536 4,679 Accrued expenses (19,582 ) 11,310 Accrued compensation and benefits 1,690 (3,208 ) Sales tax payable (203 ) 68 Gift card liability 419 (206 ) Deferred revenue (1,616 ) 665 Returns reserve (871 ) 525 Income tax payable 308 (917 ) Operating lease liabilities (4,936 ) (2,023 ) Net cash (used in) provided by operating activities (3,195 ) 28,158 Cash flows from investing activities: Purchases of property and equipment (2,399 ) (9,489 ) Purchases of available-for-sale securities (136,598 ) (137,850 ) Maturities of available-for-sale securities 110,100 106,555 Other investing activities (201 ) — Net cash used in investing activities (29,098 ) (40,784 ) Cash flows from financing activities: Repurchases of Class A Common Stock (2,688 ) — Proceeds from stock option exercises and employee stock purchases 185 264 Net cash (used in) provided by financing activities (2,503 ) 264 Net change in cash and cash equivalents (34,796 ) (12,362 ) Cash and cash equivalents beginning of period $ 85,645 $ 144,173 Cash and cash equivalents end of period $ 50,849 $ 131,811 Expand FIGS, INC. RECONCILIATIONS OF GAAP TO NON-GAAP MEASURES (Unaudited) The following table presents a reconciliation of adjusted EBITDA to net income, which is the most directly comparable financial measure calculated in accordance with GAAP, and presents adjusted EBITDA margin with net income margin, which is the most directly comparable financial measure calculated in accordance with GAAP: Three months ended June 30, Six months ended June 30, 2025 2024 2025 2024 (in thousands, except margin) Net income $ 7,099 $ 1,100 $ 6,997 $ 2,535 Add (deduct): Other income, net (2,116 ) (2,830 ) (4,191 ) (5,667 ) Provision for income taxes 4,932 3,283 6,898 5,128 Depreciation and amortization expense(1) 2,153 1,113 4,152 1,963 Stock-based compensation and related expense(2) 7,659 10,266 15,046 21,963 Adjusted EBITDA(3) $ 19,727 $ 12,932 $ 28,902 $ 25,922 Net revenues $ 152,640 $ 144,225 $ 277,541 $ 263,518 Net income margin(4) 4.7 % 0.8 % 2.5 % 1.0 % Adjusted EBITDA Margin 12.9 % 9.0 % 10.4 % 9.8 % Expand (1) Excludes amortization of debt issuance costs included in “Other income, net.” (2) Includes stock-based compensation expense, payroll taxes, and costs related to equity award activity. (3) For the six months ended June 30, 2025, reflects $171,000 of stock-based compensation expense and payroll taxes inadvertently not reflected in our previously disclosed Adjusted EBITDA results for the three months ended March 31, 2025. (4) Net income margin represents net income as a percentage of net revenues. Expand The following table presents a reconciliation of free cash flow to net cash provided by operating activities, which is the most directly comparable financial measure calculated in accordance with GAAP: Six months ended June 30, 2025 2024 (in thousands) Net cash (used in) provided by operating activities $ (3,195 ) $ 28,158 Less: capital expenditures (2,399 ) (9,489 ) Free cash flow $ (5,594 ) $ 18,669 Expand FIGS, INC. KEY OPERATING METRICS (Unaudited) Active customers as of June 30, 2025 and 2024, respectively, net revenues per active customer as of June 30, 2025 and 2024, respectively, and average order value for the three and six months ended June 30, 2025 and 2024, respectively, are presented in the following tables: As of June 30, 2025 2024 (in thousands) Active customers 2,736 2,628 Expand As of June 30, 2025 2024 Net revenues per active customer $ 208 $ 210 Expand Three months ended June 30, Six months ended June 30, 2025 2024 2025 2024 Average order value $ 117 $ 113 $ 118 $ 115 Expand FIGS, INC. DISAGGREGATED NET REVENUES (In thousands, except percentages) (Unaudited) The following table presents the disaggregation of the Company’s net revenues for the three and six months ended June 30, 2025 and June 30, 2024: Three months ended June 30, Change Six months ended June 30, Change 2025 2024 % 2025 2024 % By geography: United States $ 129,948 $ 125,291 3.7 % $ 235,967 $ 228,361 3.3 % Rest of the world 22,692 $ 18,934 19.8 % 41,574 $ 35,157 18.3 % $ 152,640 $ 144,225 5.8 % $ 277,541 $ 263,518 5.3 % By product: Scrubwear $ 127,415 $ 118,345 7.7 % $ 226,984 $ 213,241 6.4 % Non-Scrubwear 25,225 $ 25,880 (2.5 )% 50,557 $ 50,277 0.6 % $ 152,640 $ 144,225 5.8 % $ 277,541 $ 263,518 5.3 % Expand

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    After Golden Cross, Figs (FIGS)'s Technical Outlook is Bright

    zacks.com

    2025-07-23 10:56:10

    From a technical perspective, FIGS, Inc. (FIGS) is looking like an interesting pick, as it just reached a key level of support. FIGS's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.

    https://images.financialmodelingprep.com/news/figs-figs-moves-58-higher-will-this-strength-last-20250723.jpg
    Figs (FIGS) Moves 5.8% Higher: Will This Strength Last?

    zacks.com

    2025-07-23 10:31:38

    Figs (FIGS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

    https://images.financialmodelingprep.com/news/shareholder-alert-purcell-lefkowitz-llp-announces-shareholder-investigation-of-20250722.jpg
    SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of FIGS, Inc. (NYSE: FIGS)

    prnewswire.com

    2025-07-22 08:00:00

    NEW YORK , July 22, 2025 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating FIGS, Inc. (NYSE: FIGS) on behalf of the company's shareholders.  The investigation seeks to determine whether FIGS, Inc. directors breached their fiduciary duties in connection with recent corporate actions.

    https://images.financialmodelingprep.com/news/figs-announces-date-of-second-quarter-2025-earnings-release-20250717.jpg
    FIGS Announces Date of Second Quarter 2025 Earnings Release, Conference Call and Webcast

    businesswire.com

    2025-07-17 16:05:00

    SANTA MONICA, Calif.--(BUSINESS WIRE)--FIGS, Inc. (NYSE: FIGS), the global leading healthcare apparel brand dedicated to improving the lives of healthcare professionals, today announced it will release its second quarter 2025 financial results on Thursday, August 7, 2025, after U.S. markets close. FIGS management will host a conference call that day at 2:00 p.m. PT / 5:00 p.m. ET to discuss its financial and business results and outlook. Prior to the call, FIGS will publish a second quarter 202.

    https://images.financialmodelingprep.com/news/figs-announces-participation-in-the-oppenheimer-25th-annual-consumer-20250604.jpg
    FIGS Announces Participation in the Oppenheimer 25th Annual Consumer Growth and E-Commerce Conference

    businesswire.com

    2025-06-04 16:05:00

    SANTA MONICA, Calif.--(BUSINESS WIRE)--FIGS, Inc. (NYSE: FIGS), the global leading healthcare apparel brand dedicated to improving the lives of healthcare professionals, today announced that Trina Spear, Chief Executive Officer and Co-Founder, and Sarah Oughtred, Chief Financial Officer, are scheduled to participate in a fireside chat at the Oppenheimer 25th Annual Consumer Growth and E-Commerce Conference on Tuesday, June 10, 2025, at 11:15 a.m. ET. The audio portion of the fireside chat will.