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FIGS FIGS Operating margin

Operating margin at other companies

lululemon athletica logo
lululemon athleticaLULU
18.3%-5.1pp
Under Armour logo
Under ArmourUAA
-2.4%-4.7pp
Academy Sports and Outdoors logo
Academy Sports and OutdoorsASO
8.4%-0.1pp
Wolverine World Wide logo
Wolverine World WideWWW
8.5%+1.6pp
UFP Technologies logo
UFP TechnologiesUFPT
15.3%-0.8pp
V.F. Corporation logo
V.F. CorporationVFC
6.1%+1.3pp

Other financials

Income statement

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Revenue$196.6M+28.8%
Gross profit$147.9M+44.6%
Operating income$35.3M+256%
Net income$28.4M+300%
EPS (diluted)$0.15+275%

Balance sheet

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Cash & equivalents$108.5M+113%
Total debt$57.7M+11.6%
Total equity$442.4M+11.6%
Total assets$582.7M+12.7%

Cash flow

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Operating cash flow$46.9M+477%
CapEx$2.6M+139%
Free cash flow$44.3M+427%

Valuation

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Market cap$1.88B+80.5%
Enterprise value$1.83B+75.5%
P/E30.3×-115×
P/S2.6×+0.8×

Profitability

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Gross margin68.9%+1.7pp
Net margin8.7%+7.5pp
FCF margin13.7%+6.7pp

Returns & leverage

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Return on equity14.8%+13.0pp
Debt / equity0.1×0.0×
Current ratio-0.1×

Where this comes from

Calculated from FIGS’s reported figures.

Based on trailing twelve months.

The source filing: FIGS’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054342

FAQ

What is FIGS's operating margin?
FIGS (FIGS) reported operating margin of 9.6% in Q2 2026.
How has FIGS's operating margin changed year-over-year?
FIGS's operating margin increased by 448.3% year-over-year, from 1.8% to 9.6%.
What is the long-term trend for FIGS's operating margin?
Over 5 years (2020 to 2025), FIGS's operating margin has grown at a -22.8% compound annual growth rate (CAGR), from 22% to 6%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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