FIGS Q1 2023 Earnings — FIGS, Inc. Revenue & Financial Results | Market Cap Arena

FIGSFIGS, Inc.

$3B

Q1 2023 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$120M+9.2% YoY

Gross Profit

$86M71.3% margin

Operating Income

$3M2.7% margin

Net Income

$2M1.6% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

-17.0%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$4M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$388M

Total Liabilities

$68M

Stockholders' Equity

$320M

Cash & Equivalents

$156M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$120M	$110M	+9.2%
Gross Profit	$86M	$78M	+9.2%
Operating Income	$3M	$14M	-76.0%
Net Income	$2M	$9M	-78.5%

Revenue Segments

Scrubwear

$98M81%

Non-Scrubwear/Lifestyle

$22M19%

Geographic Segments

UNITED STATES

$108M90%

Non-US

$13M10%