FIGS, Inc. (FIGS) Financial Statements
Industry: Apparel & Other Finishd Prods of Fabrics & Similar Matl
In fiscal 2025, FIGS reported revenue of $631.1M, up 13.6% from $555.6M the year before. Net income was $34.2M (a 5.4% net margin), or $0.19 per diluted share. Gross margin was 66.5% and operating margin was 6.0%. Operating activities generated $61.2M of cash, leaving $53.0M of free cash flow. At fiscal year end, FIGS held $580.0M in total assets against $142.5M in total liabilities, including $82.0M of cash and equivalents.
Open the full interactive FIGS financials → Quarterly statements, key ratios, valuation history and price charts.
FIGS Key Stats
| Share Price | $18.00 |
|---|---|
| Market Cap | $3.51B |
| P/E Ratio | 94.7 |
| Revenue YoY Growth | +13.6% |
| 52-Week Range | $7.09 – $18.00 |
| Shares Outstanding | 166.5 million (basic, 2026 Q2) |
FIGS Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $419.6M | $505.8M | $545.6M | $555.6M | $631.1M |
| Cost of Goods Sold | $118.4M | $151.4M | $168.7M | $179.9M | $211.3M |
| Gross Profit | $301.2M | $354.5M | $377.0M | $375.6M | $419.8M |
| Operating Income | $11.0M | $37.7M | $34.0M | $2.3M | $38.1M |
| Pre-Tax Income | $9.9M | $38.7M | $40.8M | $14.3M | $47.2M |
| Income Tax | $19.4M | $17.5M | $18.2M | $11.6M | $13.0M |
| Net Income | -$9.6M | $21.2M | $22.6M | $2.7M | $34.2M |
| Diluted EPS | -$0.06 | $0.11 | $0.12 | $0.02 | $0.19 |
FIGS Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $151.7M | $201.9M | $159.9M | $196.6M |
| Net Income | $8.7M | $18.5M | $6.3M | $28.4M |
| Diluted EPS | $0.05 | $0.10 | $0.03 | $0.15 |
FIGS Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $195.4M | $159.8M | $144.2M | $85.6M | $82.0M |
| Current Assets | $293.3M | $356.5M | $385.7M | $382.8M | $447.3M |
| Total Assets | $311.8M | $395.1M | $473.2M | $509.8M | $580.0M |
| Current Liabilities | $62.4M | $71.4M | $57.3M | $90.1M | $90.5M |
| Total Liabilities | $66.2M | $87.3M | $96.4M | $132.7M | $142.5M |
| Shareholders' Equity | $245.6M | $307.7M | $376.9M | $377.1M | $437.5M |
FIGS Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | $66.4M | -$35.3M | $100.9M | $81.2M | $61.2M |
| Cash From Investing | -$2.7M | -$5.8M | -$117.2M | -$94.9M | -$64.0M |
| Cash From Financing | $75.6M | $3.5M | $670,000 | -$44.8M | -$969,000 |
| Free Cash Flow | $63.7M | -$40.7M | $84.6M | $64.1M | $53.0M |
Figures from FIGS's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full FIGS financials page for every line item.
FIGS Company Profile
| Ticker | FIGS |
|---|---|
| Exchange | NYSE |
| Industry | Apparel & Other Finishd Prods of Fabrics & Similar Matl |
| Headquarters | Santa Monica, California |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001846576 |
Frequently Asked Questions
What was FIGS's revenue in fiscal 2025?
FIGS (FIGS) reported revenue of $631.1M for fiscal 2025.
What is FIGS's annual revenue history?
FIGS's annual revenue by fiscal year: 2021: $419.6M; 2022: $505.8M; 2023: $545.6M; 2024: $555.6M; 2025: $631.1M.
What was FIGS's net income in fiscal 2025?
FIGS reported net income of $34.2M for fiscal 2025.
What was FIGS's earnings per share (EPS) in fiscal 2025?
FIGS's diluted EPS was $0.19 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did FIGS generate in fiscal 2025?
FIGS generated $53.0M of free cash flow in fiscal 2025.
What was FIGS's revenue last quarter?
In its most recent reported quarter (2026 Q2), FIGS reported revenue of $196.6M.
How many shares of FIGS are outstanding?
FIGS reported a weighted average of 166.5 million basic shares outstanding in 2026 Q2.
What is FIGS's market cap?
Based on its latest closing price, FIGS (FIGS) has a market capitalization of about $3.51B.
When does FIGS's fiscal year end?
FIGS's fiscal year end, as registered with the SEC, is December 31.
Where is FIGS headquartered?
FIGS lists its business address in Santa Monica, California in its SEC filings.
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