FIGS Q3 2023 Earnings — FIGS, Inc. Revenue & Financial Results | Market Cap Arena

FIGSFIGS, Inc.

$3B

Q3 2023 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$142M+10.7% YoY

Gross Profit

$97M68.4% margin

Operating Income

$10M7.0% margin

Net Income

$6M4.3% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

+3.1%

Cash Flow

Operating Cash Flow

$54M

Free Cash Flow

$46M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$442M

Total Liabilities

$87M

Stockholders' Equity

$355M

Cash & Equivalents

$183M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$142M	$129M	+10.7%
Gross Profit	$97M	$91M	+7.2%
Operating Income	$10M	$11M	-11.2%
Net Income	$6M	$4M	+52.0%

Revenue Segments

Scrubwear

$115M81%

Non-Scrubwear/Lifestyle

$27M19%

Geographic Segments

UNITED STATES

$124M87%

Non-US

$19M13%