FIGS, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $631.1M | $555.6M | $545.6M | $505.8M | $419.6M |
| Cost of revenue | $211.3M | $179.9M | $168.7M | $151.4M | $118.4M |
| Gross profit | $419.8M | $375.6M | $377.0M | $354.5M | $301.2M |
| Operating expenses | $381.7M | $373.4M | $342.9M | $316.8M | $290.2M |
| Operating income | $38.1M | $2.3M | $34.0M | $37.7M | $11.0M |
| Pretax income | $47.2M | $14.3M | $40.8M | $38.7M | $9.9M |
| Income tax expense | $13.0M | $11.6M | $18.2M | $17.5M | $19.4M |
| Net income | $34.2M | $2.7M | $22.6M | $21.2M | -$9.6M |
| Balance Sheet | |||||
| Cash and equivalents | $82.0M | $85.6M | $144.2M | $159.8M | $195.4M |
| Current assets | $447.3M | $382.8M | $385.7M | $356.5M | $293.3M |
| Total assets | $580.0M | $509.8M | $473.2M | $395.1M | $311.8M |
| Current liabilities | $90.5M | $90.1M | $57.3M | $71.4M | $62.4M |
| Total liabilities | $142.5M | $132.7M | $96.4M | $87.3M | $66.2M |
| Stockholders' equity | $437.5M | $377.1M | $376.9M | $307.7M | $245.6M |
| Cash Flow Statement | |||||
| Cash from operations | $61.2M | $81.2M | $100.9M | -$35.3M | $66.4M |
| Depreciation and amortization | $9.0M | $6.7M | $2.9M | $1.9M | $1.4M |
| Stock-based compensation | $26.9M | $42.7M | $45.8M | $37.5M | $81.1M |
| Capital expenditure | $8.2M | $17.0M | $16.3M | $5.3M | $2.7M |
| Free cash flow | $53.0M | $64.1M | $84.6M | -$40.7M | $63.7M |
| Share repurchases | $2.7M | $45.5M | $0 | $0 | — |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 167.0M · Free float 8.8%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.