
FIGS, Inc.
Consumer CyclicalNYSE:FIGS · New York Stock Exchange
+$0.68 today
Vol 2.80M · Avg 3.19M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$666.1M of revenue converted into $40.6M of net income for the selected period. Gross margin is 66.4% and net margin is 5.9%, showing how much revenue survives after costs and taxes. EPS is $0.22, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $631.1M +13.6% | $555.6M +1.8% | $545.6M +7.9% | $505.8M +20.6% | $419.6M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $211.3M +17.4% | $179.9M +6.7% | $168.7M +11.4% | $151.4M +27.9% | $118.4M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $419.8M +11.8% | $375.6M -0.4% | $377.0M +6.3% | $354.5M +17.7% | $301.2M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 66.5% -1.1pp | 67.6% -1.5pp | 69.1% -1.0pp | 70.1% -1.7pp | 71.8% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $288.6M -22.7% | $373.4M +8.9% | $342.9M +8.2% | $316.8M +9.1% | $290.2M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $381.7M +2.2% | $373.4M +8.9% | $342.9M +8.2% | $316.8M +9.1% | $290.2M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $9.0M +35.0% | $6.7M +127.5% | $2.9M +52.9% | $1.9M +35.1% | $1.4M | $374.2M | $1.2B | $631.8M |
| EBITDA | $56.2M +167.4% | $21.0M -51.9% | $43.7M +7.6% | $40.7M +252.8% | $11.5M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 8.9% +5.1pp | 3.8% -4.2pp | 8.0% -0.0pp | 8.0% +5.3pp | 2.7% | 5.6% | 46.3% | 42.0% |
| Operating Income | $38.1M +1584.2% | $2.3M -93.3% | $34.0M -9.6% | $37.7M +242.9% | $11.0M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 6.0% +5.6pp | 0.4% -5.8pp | 6.2% -1.2pp | 7.4% +4.8pp | 2.6% | 16.6% | 24.1% | 22.0% |
| Interest Income | $8.7M -22.2% | $11.2M +65.9% | $6.8M +296.7% | $1.7M | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $0 | $0 | $0 | $0 -100.0% | $239.0K | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $9.1M -25.0% | $12.1M +78.6% | $6.8M +537.3% | $1.1M +194.4% | -$1.1M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $47.2M +229.2% | $14.3M -64.9% | $40.8M +5.4% | $38.7M +292.8% | $9.9M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 7.5% +4.9pp | 2.6% -4.9pp | 7.5% -0.2pp | 7.7% +5.3pp | 2.3% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $13.0M +11.5% | $11.6M -36.0% | $18.2M +3.6% | $17.5M -9.7% | $19.4M | $1.3B | -$1.6B | $745.2M |
| Net Income | $34.3M +1159.2% | $2.7M -88.0% | $22.6M +6.8% | $21.2M +321.7% | -$9.6M | $4.9B | $4.8B | $4.7B |
| Net Margin | 5.4% +4.9pp | 0.5% -3.7pp | 4.1% -0.0pp | 4.2% +6.5pp | -2.3% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $0 +1204.3% | $0 -87.6% | $0 +0.0% | $0 +323.4% | -$0 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $0 +1158.3% | $0 -87.4% | $0 +9.1% | $0 +289.0% | -$0 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $163.5M -3.4% | $169.2M +0.7% | $168.1M +1.7% | $165.3M +0.6% | $164.3M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $179.5M -0.3% | $180.1M -1.3% | $182.4M -2.7% | $187.5M +14.2% | $164.3M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

Melco Resorts & Entertainment Limited
NASDAQ:MLCO
$2.14B

Albany International Corp.
NYSE:AIN
$2.01B

La-Z-Boy Incorporated
NYSE:LZB
$1.59B

Carter's, Inc.
NYSE:CRI
$1.58B

G-III Apparel Group, Ltd.
NASDAQ:GIII
$1.49B

Leggett & Platt, Incorporated
NYSE:LEG
$1.45B

Gentherm Incorporated
NASDAQ:THRM
$1.12B

Canada Goose Holdings Inc.
NYSE:GOOS
$979.27M

Lotus Technology Inc. American Depositary Shares
NASDAQ:LOT
$770.29M

EVgo, Inc.
NASDAQ:EVGO
$627.72M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does FIGS generate?
FIGS, Inc. (FIGS) reported $631.10M of revenue in fiscal 2025.
Is FIGS profitable?
FIGS, Inc. (FIGS) reported $34.25M of net income, with a net margin of 5.4%.
Explore More
Continue the stock analysis
Jump to another research area for this company.