FIGS, Inc.

FIGS Consumer Cyclical Apparel Manufacturing

FIGS, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $631.1 million, up 13.6% from fiscal 2024.

Revenue
+25.7%
EPS
+140.0%
Free cash flow
+9,537.7%

Quarter to September 2026, against a year earlier

19.88 2.06 −9.39%
Market cap
$3.4B
P/E
45.2×
Fwd P/E
58.3×
Dividend yield
—
F-score
8/9
Altman Z
10.10
Beneish M
−2.97
Dividend safety
n/a

FIGS, Inc. (FIGS) Gross margin

Alert me on Gross margin

FIGS, Inc.'s gross margin over the twelve months to 30 September 2026 was 68.8%, up 2.3 percentage points from fiscal 2025 (66.5%). Over the past ten years it has ranged from 66.5% (fiscal 2025) to 72.3% (fiscal 2020) — the current reading is the lowest in ten years. That is above the Apparel Manufacturing industry median of 52.1% and above the Consumer Cyclical sector median of 34.3%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 66.5% (1.08)
FY2024 67.6% (1.48)
FY2023 69.1% (0.98)
FY2022 70.1% (1.72)
FY2021 71.8% (0.51)
FY2020 72.3% 0.50
FY2019 71.8% —

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 69.3% (5.93)
Jun 2026 75.2% 7.47
Mar 2026 67.7% 4.79
Dec 2025 62.9% (7.00)
23 more quarters

Against its own ten years

Low 66.5% High 72.3%
Ten-year median 70.1%
Current reading's percentile 42

Gross margin against peers

Company Gross margin
FIGS FIGS, Inc. 68.8%
LEVI Levi Strauss & Co. compare 62.8%
PVH PVH Corp. compare 58.8%
VFC V.F. Corporation compare 55.9%
COLM Columbia Sportswear Company compare 52.1%
UA Under Armour, Inc. compare 46.8%
UAA Under Armour, Inc. compare 46.8%
ZGN Ermenegildo Zegna N.V. compare 0.00%
KTB Kontoor Brands, Inc. compare 0.00%
Apparel Manufacturing industry median 52.1%
Consumer Cyclical sector median 34.3%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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