FIGS, Inc. (FIGS)

FIGS, Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	581.03	555.56	545.65	505.84	419.59	263.11
Revenue Growth (YoY)	5.90%	1.82%	7.87%	20.55%	59.47%	138.12%
Cost of Revenue	186.07	179.94	168.68	151.38	118.37	72.89
Gross Profit	394.97	375.62	376.96	354.46	301.22	190.22
Selling, General & Admin	366.73	373.36	342.92	316.79	290.24	132.28
Operating Expenses	366.73	373.36	342.92	316.79	290.24	132.28
Operating Income	28.24	2.27	34.05	37.67	10.98	57.94
Interest Expense	-	-	-	-	-0.24	-
Interest & Investment Income	9.15	11.24	6.78	1.71	-	0.14
Other Non Operating Income (Expenses)	0.85	0.83	-0.01	-0.65	-0.89	-
Pretax Income	38.23	14.34	40.81	38.73	9.86	58.08
Income Tax Expense	20.61	11.62	18.17	17.54	19.42	8.32
Net Income	17.63	2.72	22.64	21.19	-9.56	49.76
Net Income to Common	17.63	2.72	22.64	21.19	-9.56	49.76
Net Income Growth	62.70%	-87.98%	6.85%	-	-	44326.79%
Shares Outstanding (Basic)	164	169	168	165	159	153
Shares Outstanding (Diluted)	177	180	182	188	159	163
Shares Change (YoY)	-2.40%	-1.27%	-2.74%	17.82%	-2.54%	6.32%
EPS (Basic)	0.11	0.02	0.13	0.13	-0.06	0.32
EPS (Diluted)	0.11	0.02	0.12	0.11	-0.06	0.30
EPS Growth	91.65%	-86.60%	9.09%	-	-	41052.13%
Free Cash Flow	21.99	64.14	84.57	-40.68	63.73	19.49
Free Cash Flow Per Share	0.13	0.36	0.46	-0.22	0.40	0.12
Gross Margin	67.98%	67.61%	69.09%	70.07%	71.79%	72.30%
Operating Margin	4.86%	0.41%	6.24%	7.45%	2.62%	22.02%
Profit Margin	3.03%	0.49%	4.15%	4.19%	-2.28%	18.91%
Free Cash Flow Margin	3.79%	11.54%	15.50%	-8.04%	15.19%	7.41%
EBITDA	36.56	8.96	36.99	39.59	12.41	58.89
EBITDA Margin	6.29%	1.61%	6.78%	7.83%	2.96%	22.38%
D&A For EBITDA	8.32	6.69	2.94	1.92	1.42	0.95
EBIT	28.24	2.27	34.05	37.67	10.98	57.94
EBIT Margin	4.86%	0.41%	6.24%	7.45%	2.62%	22.02%
Effective Tax Rate	53.89%	81.03%	44.53%	45.29%	196.93%	14.32%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q