FIGS Financial Statements
NYSE: FIGSConsumer DiscretionaryApparelUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
After hours: 15.74 -0.23%
FIGS revenue and earnings
In fiscal 2025, FIGS generated $631.1 million in revenue, up 13.6% from fiscal 2024, its 6th consecutive year of revenue growth. Net income was $34.3 million (+1159.2% year over year), for a net margin of 5.4% versus a median of 4.1% in the prior 5 years. Gross margin was 66.5% (down from 67.6%) and operating margin 6.0%.
Diluted earnings per share came in at $0.19, up from $0.02. Over the last 5 fiscal years, FIGS's revenue has grown at a 19.1% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
FIGS income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 |
|---|---|---|---|---|---|---|---|
| Revenue | 631.10M | 555.56M | 545.65M | 505.83M | 419.59M | 263.11M | 110.49M |
| Revenue growth (YoY) | +13.60% | +1.82% | +7.87% | +20.55% | +59.47% | +138.12% | — |
| Cost of Revenue | 211.26M | 179.94M | 168.68M | 151.38M | 118.37M | 72.89M | 31.16M |
| Gross Profit | 419.84M | 375.62M | 376.96M | 354.46M | 301.22M | 190.22M | 79.34M |
| Operating Expenses | 381.69M | 373.36M | 342.92M | 316.79M | 290.24M | 132.28M | 79.68M |
| Selling, General & Admin | 288.59M | 284.79M | 265.82M | 239.10M | 231.53M | 93.43M | 46.49M |
| Operating Income | 38.15M | 2.27M | 34.05M | 37.67M | 10.98M | 57.94M | -347.00K |
| Other Income (Expense) | 9.06M | 12.07M | 6.76M | 1.06M | -1.12M | 136.00K | — |
| Pretax Income | 47.21M | 14.34M | 40.81M | 38.73M | 9.86M | 58.08M | 112.00K |
| Income Tax | 12.96M | 11.62M | 18.17M | 17.54M | 19.41M | 8.32M | 0 |
| Net Income | 34.25M | 2.72M | 22.64M | 21.19M | -9.56M | 49.76M | 112.00K |
| Net Income growth (YoY) | +1159.19% | -87.98% | +6.85% | — | -119.20% | +44326.79% | — |
| EPS (Basic) | 0.21 | 0.02 | 0.13 | 0.13 | -0.06 | 0.32 | 0.00 |
| EPS (Diluted) | 0.19 | 0.02 | 0.12 | 0.11 | -0.06 | 0.30 | 0.00 |
| Shares Outstanding (Basic) | 163.46M | 169.20M | 168.07M | 165.27M | 159.18M | 153.33M | 153.05M |
| Shares Outstanding (Diluted) | 179.49M | 180.10M | 182.41M | 187.55M | 159.18M | 163.33M | 153.62M |
| EBITDA | 47.18M | 8.96M | 36.99M | 39.59M | 12.41M | 58.89M | 153.00K |
| Gross Margin | 66.53% | 67.61% | 69.09% | 70.07% | 71.79% | 72.30% | 71.80% |
| Operating Margin | 6.04% | 41.00% | 6.24% | 7.45% | 2.62% | 22.02% | -31.00% |
| Net Margin | 5.43% | 49.00% | 4.15% | 4.19% | -2.28% | 18.91% | 10.00% |
This table shows 7 annual periods of FIGS's income statement, from FY 2025 back to FY 2019, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow FIGS's reporting calendar. What is a income statement?