FIGSFIGS, Inc.

$3B

Q3 2021 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$103M+33.7% YoY

Gross Profit

$75M72.7% margin

Operating Income

$11M10.3% margin

Net Income

$7M6.8% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

+1.6%

Cash Flow

Operating Cash Flow

$20M

Free Cash Flow

$19M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$285M

Total Liabilities

$65M

Stockholders' Equity

$219M

Cash & Equivalents

$181M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$103M	$77M	+33.7%
Gross Profit	$75M	$57M	+31.9%
Operating Income	$11M	$25M	-57.1%
Net Income	$7M	$19M	-64.0%

Revenue Segments

Scrubs

$90M87%

Non Scrubs

$13M13%

Geographic Segments

UNITED STATES

$96M93%

Non-US

$7M7%

FIGS Q3 2021 Earnings — FIGS, Inc. Revenue & Financial Results | Market Cap Arena