FIGS Q2 2023 Earnings — FIGS, Inc. Revenue & Financial Results | Market Cap Arena

FIGSFIGS, Inc.

$3B

Q2 2023 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$138M+13.0% YoY

Gross Profit

$96M69.5% margin

Operating Income

$7M4.8% margin

Net Income

$5M3.3% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

+14.9%

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

$29M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$411M

Total Liabilities

$74M

Stockholders' Equity

$337M

Cash & Equivalents

$147M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$138M	$122M	+13.0%
Gross Profit	$96M	$86M	+11.2%
Operating Income	$7M	$9M	-30.5%
Net Income	$5M	$5M	-5.6%

Revenue Segments

Scrubwear

$115M83%

Non-Scrubwear/Lifestyle

$23M17%

Geographic Segments

UNITED STATES

$124M90%

Non-US

$14M10%