InsiderClue
Stocks · Consumer discretionary · Apparel & Other Finishd Prods of Fabrics & Similar Matl

FIGS, Inc.

FIGS Clue Score62
United States Fiscal year ends December CIK 0001846576
$15.78 +5.34% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $15.78 −55.34% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 27 May 2021. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2019Revenue110.5Operating income−0.3Net income0.1EPS, diluted0.00Fiscal year 2020Revenue263.1 +138.1%Operating income57.9Net income49.8 +44,326.8%EPS, diluted0.30Fiscal year 2021Revenue419.6 +59.5%Operating income11.0Net income−9.6 −119.2%EPS, diluted−0.06 −120.0%Fiscal year 2022Revenue505.8 +20.6%Operating income37.7Net income21.2EPS, diluted0.11Fiscal year 2023Revenue545.6 +7.9%Operating income34.0Net income22.6 +6.8%EPS, diluted0.12 +9.1%Fiscal year 2024Revenue555.6 +1.8%Operating income2.3Net income2.7 −88.0%EPS, diluted0.02 −83.3%Fiscal year 2025Revenue631.1 +13.6%Operating income38.1Net income34.3 +1,159.2%EPS, diluted0.19 +850.0%
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 110.5 263.1 419.6 505.8 545.6 555.6 631.1
Growth +138.1% +59.5% +20.6% +7.9% +1.8% +13.6%
Operating income −0.3 57.9 11.0 37.7 34.0 2.3 38.1
Net income 0.1 49.8 −9.6 21.2 22.6 2.7 34.3
Growth +44,326.8% −119.2% +6.8% −88.0% +1,159.2%
EPS, diluted 0.00 0.30 −0.06 0.11 0.12 0.02 0.19
Growth −120.0% +9.1% −83.3% +850.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2019Gross margin71.8%Operating margin−0.3%Net margin0.1%Free cash flow margin1.6%Fiscal year 2020Gross margin72.3%Operating margin22.0%Net margin18.9%Free cash flow margin7.4%Fiscal year 2021Gross margin71.8%Operating margin2.6%Net margin−2.3%Free cash flow margin15.2%Fiscal year 2022Gross margin70.1%Operating margin7.4%Net margin4.2%Free cash flow margin−8.0%Fiscal year 2023Gross margin69.1%Operating margin6.2%Net margin4.1%Free cash flow margin15.5%Fiscal year 2024Gross margin67.6%Operating margin0.4%Net margin0.5%Free cash flow margin11.5%Fiscal year 2025Gross margin66.5%Operating margin6.0%Net margin5.4%Free cash flow margin8.4%
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 71.8% 72.3% 71.8% 70.1% 69.1% 67.6% 66.5%
Operating margin −0.3% 22.0% 2.6% 7.4% 6.2% 0.4% 6.0%
Net margin 0.1% 18.9% −2.3% 4.2% 4.1% 0.5% 5.4%
Free cash flow margin 1.6% 7.4% 15.2% −8.0% 15.5% 11.5% 8.4%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2019Operating cash flow6.5Capital expenditure−4.8Free cash flow1.8Fiscal year 2020Operating cash flow21.7Capital expenditure−2.3Free cash flow19.5 +1,000.9%Fiscal year 2021Operating cash flow66.4Capital expenditure−2.7Free cash flow63.7 +227.0%Fiscal year 2022Operating cash flow−35.3Capital expenditure−5.3Free cash flow−40.7 −163.8%Buybacks0.0Fiscal year 2023Operating cash flow100.9Capital expenditure−16.3Free cash flow84.6Buybacks0.0Fiscal year 2024Operating cash flow81.2Capital expenditure−17.0Free cash flow64.1 −24.2%Buybacks−45.5Fiscal year 2025Operating cash flow61.2Capital expenditure−8.2Free cash flow53.0 −17.4%Buybacks−2.7
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 6.5 21.7 66.4 −35.3 100.9 81.2 61.2
Capital expenditure −4.8 −2.3 −2.7 −5.3 −16.3 −17.0 −8.2
Free cash flow 1.8 19.5 63.7 −40.7 84.6 64.1 53.0
Growth +1,000.9% +227.0% −163.8% −24.2% −17.4%
Buybacks n/a n/a n/a 0.0 0.0 −45.5 −2.7

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2019Cash38.4Shareholders’ equity38.8Fiscal year 2020Cash58.1Shareholders’ equity97.7Fiscal year 2021Cash195.4Shareholders’ equity245.6Fiscal year 2022Cash159.8Shareholders’ equity307.7Fiscal year 2023Cash144.2Shareholders’ equity376.9Fiscal year 2024Cash85.6Shareholders’ equity377.1Fiscal year 2025Cash82.0Shareholders’ equity437.5
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 38.4 58.1 195.4 159.8 144.2 85.6 82.0
Shareholders’ equity 38.8 97.7 245.6 307.7 376.9 377.1 437.5

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
38.4 58.1 195.4 159.8 144.2 85.6 82.0
n/a 5.8 1.7 6.3 6.5 6.6 5.4
n/a 49.7 86.1 178.0 119.0 115.8 128.0
n/a 6.5 7.6 11.0 24.9 35.3 33.9
n/a 133.9 311.8 395.1 473.2 509.8 580.0
Growth +132.9% +26.7% +19.8% +7.7% +13.8%
Liabilities
n/a 36.2 66.2 87.3 96.4 132.7 142.5
Equity
n/a 27.5 17.9 39.1 61.8 64.5 98.7
38.8 97.7 245.6 307.7 376.9 377.1 437.5
Growth +151.7% +151.4% +25.3% +22.5% +0.1% +16.0%
Per share and net cash
n/a 154.4 0.0 n/a n/a n/a n/a
calc n/a 0.63 n/a n/a n/a n/a n/a

Lines marked calc are worked out here from filed figures; point at one for how.