FIGS, Inc. (FIGS)
NYSE:FIGS
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Earnings Data
Report Date
Aug 06, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.07Last Year’s EPS
0.04Same Quarter Last Year
Moderate Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call communicated strong, broad-based business momentum: top-line growth (+28% to $159.9M), accelerated active customers (surpassed 3M), category and geographic strength (scrubwear +27%, non-scrubwear +31%, international +50%), margin expansion (adjusted EBITDA margin up to 8.7%) and raised full-year guidance. Operational improvements (fulfillment efficiencies, product innovation with FORMx/FIBREx, and successful brand campaigns) underpin confidence. Key headwinds include tariff/freight pressures, elevated inventory levels, higher marketing spend this quarter, and some regional sensitivities; management has built cautious assumptions (tariff scenarios) and continues to invest while improving profitability. Overall, the positives materially outweigh the manageable near-term macro and cadence risks.Company Guidance
Revenue Growth Exceeds Expectations
Net revenues increased 28% year-over-year to $159.9M, outperforming the prior outlook (low 20% growth) and driving an updated full-year revenue guide of +14% to +16% (up from 10%-12%).
Active Customer Milestone and Engagement
Active customers surpassed 3.0 million for the first time, with active customer growth accelerating to +12% year-over-year and strong gains in both new customer acquisition and retention.
Improved Unit Economics and AOV
Average order value rose 4% to $124 driven by pricing and favorable mix; trailing 12-month net revenue per active customer increased 6% to $220 (highest since Q4 2022).
Category and Geographic Strength
Scrubwear grew 27% (79% of net revenues) while non-scrubwear grew 31% (21% of net revenues, strongest growth in 3 years). U.S. revenues rose 24% to $131.6M and international revenues rose 50% to $28.3M.
Profitability and Margin Expansion
Operating margin improved to 2.8% from -0.2% year-over-year; adjusted EBITDA margin increased to 8.7% from 7.3% and beat expectations by ~170 bps. Net income was $6.3M (diluted EPS $0.03) vs. a net loss last year.
Strong Balance Sheet and Capital Allocation
Ended the quarter with $277M in cash, cash equivalents and short-term investments; repurchased ~$8.8M of stock (weighted avg price $15.38) with ~ $43M remaining under the program.
Operational & Fulfillment Improvements
Selling expense improved to 22.8% of net revenues (vs 26.2% LY) due to fulfillment center efficiencies and carrier diversification, enabling absorption of unplanned fuel surcharges while still investing in growth.
Product Innovation and Fabric Traction
FORMx fabric mix nearly doubled year-over-year and FIBREx debuted (durable fabrication); continued momentum in new silhouettes, maternity styles, color drops (e.g., espresso) and successful collaborations like Star Wars.
Brand & Community Momentum
Marketing engagement strong: Never Change campaign first chapter more than doubled last year's impressions and engagement; expanded on-campus Match Day presence and launched the Austin Humans Foundation and Healthcare Human Act advocacy efforts.
International Expansion and Retail Footprint
Presence expanded to 85 international markets (from 32 at end of 2024) with go-deep markets like France and Germany driving growth; 5 community hubs performing well with 4 additional hubs planned in H2.
FIGS Earnings History
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 |
|---|---|---|---|
May 07, 2026 | $15.37 | $11.63 | -24.33% |
Feb 26, 2026 | $12.47 | $15.45 | +23.90% |
Nov 06, 2025 | $7.52 | $8.55 | +13.70% |
Aug 07, 2025 | $6.55 | $6.22 | -5.04% |
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.
FAQ
When does FIGS, Inc. (FIGS) report earnings?
FIGS, Inc. (FIGS) is schdueled to report earning on Aug 06, 2026, After Close (Confirmed).
What is FIGS, Inc. (FIGS) earnings time?
FIGS, Inc. (FIGS) earnings time is at Aug 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FIGS EPS forecast?
FIGS EPS forecast for the fiscal quarter 2026 (Q2) is 0.07.
