The earnings call highlighted significant achievements such as record revenue, strong scrubwear growth, and international expansion. However, challenges such as tariffs, softness in non-scrubwear, and reduced promotional activity were also noted. Overall, the positives and strategic initiatives seem to outweigh the negatives.

Company Guidance -

Q3 2025

In the second quarter of fiscal 2025, FIGS demonstrated strong financial performance, with net revenues increasing by 6% year-over-year to $152.6 million, surpassing expectations. The company's scrubwear category led this growth with an 8% increase, marking the highest gain in seven quarters. Active customers rose by 4% to 2.7 million, while the average order value (AOV) grew by 4% to $117. Adjusted EBITDA margin improved by 390 basis points to 12.9%, reflecting successful cost management and strategic investments. Despite facing tariff-related challenges, FIGS maintained its guidance for low single-digit revenue growth for the full fiscal year, with an adjusted EBITDA margin range of 8.5% to 9%. The company noted sustained momentum in its core U.S. market, as well as impressive international growth, particularly in Mexico, Europe, and Latin America.

Record Revenue Quarter

FIGS achieved their largest revenue quarter in history, with net revenues increasing 6% year-over-year to $152.6 million, surpassing expectations.

Strong Growth in Core Scrubwear

The scrubwear category posted an 8% gain, marking the highest growth in the past 7 quarters, driven by integrated merchandising efforts.

Adjusted EBITDA Margin Improvement

Adjusted EBITDA margin improved by 390 basis points year-over-year to 12.9%, showcasing the power of matching top-line gains with disciplined expense management.

International Expansion

FIGS drove impressive gains across Mexico, Europe, Latin America, and the Middle East, with a 20% increase in international net revenues.

Increased Customer Engagement

Active customers increased 4% year-over-year to 2.7 million, with strong acquisition and returning customer trends.

Community Engagement and Advocacy

FIGS hosted multiple successful events, including Nurses Week and Advocacy efforts in Washington, D.C., generating significant media impressions and engagement.

FIGS (FIGS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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FIGS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	0.02 / -	-0.01	―	―	―
Aug 07, 2025	2025 (Q2)	0.02 / 0.04	0.01	300.00% (+0.03)
May 08, 2025	2025 (Q1)	0.00 / 0.00	0.01	―
Feb 27, 2025	2024 (Q4)	0.01 / 0.01	0.05	-80.00% (-0.04)
Nov 07, 2024	2024 (Q3)	>-0.01 / -0.01	0.03	-133.33% (-0.04)
Aug 08, 2024	2024 (Q2)	<0.01 / 0.01	0.02	-50.00% (-0.01)
May 09, 2024	2024 (Q1)	>-0.01 / 0.01	0.01	0.00% (0.00)
Feb 28, 2024	2023 (Q4)	0.02 / 0.05	0.02	150.00% (+0.03)
Nov 02, 2023	2023 (Q3)	0.02 / 0.03	0.02	50.00% (<+0.01)
Aug 03, 2023	2023 (Q2)	<0.01 / 0.02	0.03	-33.33% (>-0.01)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

FIGS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$6.55	$6.22	-5.04%
May 08, 2025	$5.05	$4.92	-2.57%
Feb 27, 2025	$5.58	$4.57	-18.10%
Nov 07, 2024	$6.67	$4.78	-28.34%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.