The financials
FIGS, Inc. by the numbers
FIGS, Inc. (FIGS) reported revenue of $160M in Q1 2026 (quarter ended March 31, 2026), up 28% from the same quarter a year earlier. That came with a gross margin of 68% and net income of $6.3M (3.9% of revenue). For the full year FY2025, revenue was $631M (+14% year on year) and net income $34M. Its largest product in 2026-Q1 was Scrubwear at $127M, 79% of the disclosed total, just ahead of Non Scrubwear Lifestyle at 21%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $160M | $125M | +28% |
| Gross profit | $108M | $84M | +28% |
| Operating income | $4.5M | −$211K | to a profit |
| Net income | $6.3M | −$102K | to a profit |
| Diluted EPS | $0.03 | $0.00 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Scrubwear | $127M | 79% |
| Non Scrubwear Lifestyle | $33M | 21% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $159.9M (+5.4%)
Non Scrubwear Lifestyle grew +31% year on yearScrubwear +27% year on year
Segment Latestquarter on quarteryear on year
- Scrubwear$126.6M$126.6MQoQ -0.29%year on year +27%-0.29%+27%
- Non Scrubwear Lifestyle$33.3M$33.3MQoQ +35%year on year +31%+35%+31%
Apparel Manufacturing
Ranks #4 of 11 by Smart Score