FIGS (FIGS, Inc.) Stock Financials & Earnings | Market Cap Arena

FIGS (FIGS, Inc.) Stock Financials & Earnings | Market Cap Arena

FIGSFIGS, Inc.

Mkt Cap$3B

Consumer Cyclical·Apparel - Manufacturers·🇺🇸 United States·NYSE

Revenue (TTM)$631M

Net Income (TTM)$34M

EPS (TTM)$0.19

Free Cash Flow (TTM)$53M

Gross Margin66.5%

Op. Margin6.0%

Net Margin5.4%

FCF Margin8.4%

P/S Ratio (TTM)4.2x

P/E Ratio (TTM)77.8x

YoY Rev Growth+13.6%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$120M	$86M	$3M
Q2 23	$138M	$96M	$7M
Q3 23	$142M	$97M	$10M
Q4 23	$145M	$98M	$14M
Q1 24	$119M	$82M	$443K
Q2 24	$144M	$97M	$2M
Q3 24	$140M	$94M	-$9M
Q4 24	$152M	$102M	$9M
Q1 25	$125M	$84M	-$211K
Q2 25	$153M	$102M	$10M
Q3 25	$152M	$106M	$10M
Q4 25	$202M	$127M	$19M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	5.2x	187.8x
Q2 23	5.0x	191.4x
Q3 23	4.9x	166.3x
Q4 23	4.9x	117.7x
Q1 24	4.9x	120.3x
Q2 24	4.8x	142.7x
Q3 24	4.9x	246.0x
Q4 24	4.8x	979.9x
Q1 25	4.7x	2253.1x
Q2 25	4.7x	371.1x
Q3 25	4.6x	151.2x
Q4 25	4.2x	77.8x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	-$3M	-$4M
Q2 23	$29M	$29M
Q3 23	$54M	$46M
Q4 23	$20M	$14M
Q1 24	$12M	$11M
Q2 24	$17M	$8M
Q3 24	$23M	$18M
Q4 24	$30M	$27M
Q1 25	$9M	$8M
Q2 25	-$12M	-$14M
Q3 25	$3M	$531K
Q4 25	$61M	$58M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$772K
Q2 23	$841K
Q3 23	$8M
Q4 23	$7M
Q1 24	$496K
Q2 24	$9M
Q3 24	$4M
Q4 24	$3M
Q1 25	$1M
Q2 25	$1M
Q3 25	$3M
Q4 25	$3M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+9.2%	+21.4%
Q2 23	+13.0%	+16.6%
Q3 23	+10.7%	+12.8%
Q4 23	+0.0%	-7.7%
Q1 24	-0.8%	+1.6%
Q2 24	+4.4%	+8.4%
Q3 24	-1.5%	+12.4%
Q4 24	+4.8%	+9.4%
Q1 25	+4.7%	+5.3%
Q2 25	+5.8%	+0.0%
Q3 25	+8.2%	-4.6%
Q4 25	+33.0%	+28.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$12M	8.4%
Q4 23	$11M	7.9%
Q1 24	$12M	9.7%
Q2 24	$10M	7.3%
Q3 24	$11M	7.5%
Q4 24	$10M	6.6%
Q1 25	$7M	5.8%
Q2 25	$8M	5.0%
Q3 25	$7M	4.5%
Q4 25	$5M	2.6%

OpEx Breakdown

Quarter	G&A	S&M
Q1 23	$34M	$48M
Q2 23	$35M	$55M
Q3 23	$36M	$51M
Q4 23	$35M	$48M
Q1 24	$36M	$46M
Q2 24	$36M	$60M
Q3 24	$36M	$67M
Q4 24	$36M	$58M
Q1 25	$34M	$51M
Q2 25	$35M	$58M
Q3 25	$37M	$59M
Q4 25	$37M	—

Revenue Segments

Quarter	Non-Scrubwear/Lifestyle	Scrubwear	Non-scrubwear/Lifestyle
Q1 23	$22M	$98M	—
Q2 23	$23M	$115M	—
Q3 23	$27M	$115M	—
Q1 24	$24M	$95M	—
Q2 24	$26M	$118M	—
Q3 24	$23M	$117M	—
Q1 25	—	$100M	$25M
Q2 25	—	$127M	$25M
Q3 25	—	$127M	$25M
Q4 25	—	$155M	$47M

Revenue by Geography

Quarter	Non-US	United States
Q1 23	$13M	$108M
Q2 23	$14M	$124M
Q3 23	$19M	$124M
Q4 23	$17M	$128M
Q1 24	$16M	$103M
Q2 24	$19M	$125M
Q3 24	$22M	$118M
Q4 24	$24M	$128M
Q1 25	$19M	$106M
Q2 25	$23M	$130M
Q3 25	$24M	$127M
Q4 25	$38M	$164M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$156M	$0	$156M
Q2 23	$147M	$39M	$185M
Q3 23	$183M	$49M	$232M
Q4 23	$144M	$103M	$247M
Q1 24	$155M	$104M	$259M
Q2 24	$132M	$137M	$269M
Q3 24	$124M	$158M	$282M
Q4 24	$86M	$159M	$245M
Q1 25	$90M	$161M	$251M
Q2 25	$51M	$188M	$239M
Q3 25	$46M	$195M	$242M
Q4 25	$82M	$219M	$301M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	183M	+1.1%
Q2 23	183M	+0.3%
Q3 23	181M	-1.0%
Q4 23	182M	+0.3%
Q1 24	181M	-0.7%
Q2 24	180M	-0.6%
Q3 24	170M	-5.3%
Q4 24	179M	+4.9%
Q1 25	162M	-9.0%
Q2 25	173M	+6.4%
Q3 25	181M	+4.6%
Q4 25	190M	+5.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 19	—	—
FY 20	—	—
FY 21	$2M	264
FY 22	$2M	313
FY 23	$2M	354
FY 24	$2M	316
FY 25	$105M	6