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FIGS

FIGS

FIGS is a founder-led, direct-to-consumer healthcare apparel and lifestyle brand dedicated to serving healthcare professionals.

Market cap
$1.66B+54.9%
Revenue$666.1M+18.7%
Net income$40.6M+3,335%
Free cash flow$39.4M-35.3%
EPS (diluted)$0.22+1,000%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$186.2M
EPS estimate$0.07

Financials

Q1 2026

Income statement

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Revenue$159.9M+28.0%
Gross profit$108.3M+28.2%
Operating income$4.5M+2,225%
Net income$6.3M+6,265%
EPS (diluted)$0.03

Balance sheet

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Cash & equivalents$74.3M-17.4%
Total debt$60.6M+18.1%
Total equity$430.6M+12.9%
Total assets$563.4M+7.9%

Cash flow

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Operating cash flow-$3.2M-135%
CapEx$2.4M+85.0%
Free cash flow-$5.6M-171%

Valuation & ratios

Valuation

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Market cap$1.66B+54.9%
Enterprise value$1.65B+51.4%
P/E40.8×-110×
P/S2.5×+0.6×

Profitability

See full
Gross margin66.6%-0.7pp
Operating margin6.4%+6.1pp
Net margin6.1%+5.9pp
FCF margin5.9%-4.9pp

Returns & leverage

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Return on equity10%+9.7pp
Debt / equity0.1×0.0×
Current ratio5.4×+1.4×

Segments

By product

See full
Scrubwear$126.6M+27.2%
Non-Scrubwear$33.3M+31.3%

Competitors

Profile

FIGS is a founder-led, direct-to-consumer healthcare apparel and lifestyle brand dedicated to serving healthcare professionals. The company redefines traditional medical scrubs by offering technically advanced, functional, and stylish apparel designed for comfort and durability. By leveraging a digital-first platform and a community-centric marketing approach, FIGS has transformed a historically commoditized market into a branded lifestyle category.

Competitive position

FIGS is a category-defining leader in the premium healthcare apparel market, utilizing a high-engagement community model to disrupt traditional medical supply distributors.

GeographiesGlobal, United States
Customer segmentsHealthcare professionals, Medical organizations
Business modelDirect-to-Consumer (DTC), B2B, Brick-and-mortar retail
SuppliersThird-party textile suppliers, Contract manufacturers, Raw material providers
CustomersIndividual healthcare practitioners, Medical TEAMS, Healthcare clinics
Listed2021
Employees354.0
CEOCatherine Eva Spear
FilingsSEC EDGAR

Questions, answered.

What is FIGS's market cap?
FIGS (FIGS) has a market capitalization of $1.7B and trades on NYSE.
What is FIGS's revenue and profitability?
FIGS generated $666.1M in trailing twelve-month revenue with net income of $40.6M, representing a net margin of 6.1%. Gross margin stands at 66.6%, with free cash flow of $39.4M. These figures are based on the Q1 2026 filing.
Who are FIGS's competitors?
FIGS's key competitors include Lululemon Athletica, Superior Group of Companies, Inc. Common Stock, Under Armour, Inc., and others. These companies compete in similar markets and product categories.
Where is FIGS headquartered?
FIGS is headquartered in United States of America and employs approximately 354 people. It has been publicly traded since 2021.