In Q1 FY2026 (ended March 31, 2026), FIGS reported revenue of $159.9 million, up 28.0% year-over-year. Net income was $6.3 million, a significant increase from $0.1 million in the prior year quarter. Operating income was $4.5 million, compared to a loss of $0.2 million a year ago. Diluted EPS was $0.03.
•Revenue grew 28.0% YoY to $159.9 million.
•Net income surged to $6.3 million from $0.1 million.
•Operating income turned positive at $4.5 million.
•Cash and equivalents stood at $74.3 million with no long-term debt.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
FIGS, Inc., together with its subsidiary, FIGS Canada is a direct-to-consumer healthcare apparel and lifestyle company in the United States and globally. The company designs and sells scrubwear and non-scrubwear offerings, such as outerwear, underscrubs, footwear, compression socks, lab coats, loungewear, and apparel sports apparel, performance leggings and tops, super-soft pima cotton tops, vests, fleeces, and jackets
Necessities comprising scrub caps, lanyards, badge reels, bags, baseball caps, and beanies. The company markets and sells its products to healthcare professionals through its direct-to-consumer digital platform comprising website, mobile app, and B2B business retail stores. Incorporated in 2013, FIGS is headquartered in Santa Monica, California.
What does FIGS, Inc. do and what are its main products?
FIGS, Inc. is a direct-to-consumer healthcare apparel and lifestyle company that designs and sells scrubwear and non-scrubwear offerings primarily for healthcare professionals. Its product line includes scrubwear, outerwear, underscrubs, footwear, compression socks, lab coats, loungewear, and apparel. Additionally, the company offers sports apparel, performance leggings and tops, super-soft pima cotton tops, vests, fleeces, and jackets, as well as necessities like scrub caps, lanyards, badge reels, bags, baseball caps, and beanies. FIGS markets and sells its products through its direct-to-consumer digital platform, which includes a website and mobile app, as well as through its B2B business and retail stores. The company operates in the United States and globally, serving healthcare professionals with functional and stylish workwear.
Where is FIGS, Inc. listed and what currency does it trade in?
FIGS, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol 'FIGS'. The company trades in United States Dollars (USD), as it is headquartered in the United States and its primary listing is on a U.S. exchange. Being listed on the NYSE provides FIGS with access to a broad base of investors and liquidity. The company's financial reporting is also conducted in USD, aligning with its operations and the currency of its primary market.
What sector and industry does FIGS, Inc. belong to?
FIGS, Inc. operates in the Consumer Cyclical sector, specifically within the Apparel Manufacturing industry. As a consumer cyclical company, its performance is closely tied to the economic cycle, with demand for its products typically rising when consumer spending increases. Within the apparel manufacturing industry, FIGS focuses on healthcare apparel, differentiating itself by targeting healthcare professionals with direct-to-consumer sales. This niche allows the company to cater to a specific customer base with specialized needs, such as functional and comfortable scrubwear and related accessories.
Where is FIGS, Inc. headquartered and what markets does it serve?
FIGS, Inc. is headquartered in Santa Monica, California, United States. The company was incorporated in 2013 and serves the United States market as well as global markets. Its direct-to-consumer digital platform enables it to reach healthcare professionals worldwide, offering its products through its website and mobile app. In addition to its online presence, FIGS operates retail stores and has a B2B business. The company's subsidiary, FIGS Canada, supports its operations in Canada. By combining e-commerce with physical retail, FIGS expands its reach to healthcare professionals across different regions.
How does FIGS, Inc. make money and what is its business model?
FIGS, Inc. generates revenue primarily through the direct-to-consumer sale of healthcare apparel and lifestyle products. The company sells its products via its digital platform, which includes a website and mobile app, as well as through its B2B business and retail stores. By selling directly to consumers, FIGS bypasses traditional retail intermediaries, allowing for higher margins and a closer relationship with its customers. The company's product portfolio includes scrubwear, outerwear, underscrubs, footwear, compression socks, lab coats, loungewear, sports apparel, and accessories like scrub caps and bags. FIGS targets healthcare professionals, a large and recurring customer base, and leverages its brand and online presence to drive sales. The company also operates a subsidiary, FIGS Canada, to serve the Canadian market.