---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-21-005158"
form_type: "8-K"
ticker: "FIGS"
cik: "0001846576"
company_name: "FIGS, Inc."
filed_at: "2021-12-13T23:59:59+00:00"
generated_at: "2026-06-28T01:51:13.139505+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# FIGS reaffirms 2021 revenue guidance of $410M and long-term target of $1B by 2025

## Summary
- Reaffirmed FY2021 net revenue outlook of $410M, gross margin ≥70%, adjusted EBITDA margin ≥20%.
- Reaffirmed long-term target of net revenue >$1.0B by 2025, with gross margin ≥70% and adjusted EBITDA margin ≥20% for FY2022-2024.
- Management cites continued business momentum as rationale for reaffirmation; no guidance changes.

## SEC filing metadata
- accession: 0000950170-21-005158
- form_type: 8-K
- ticker: FIGS
- cik: 0001846576
- company_name: FIGS, Inc.
- filed_at: 2021-12-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1846576/000095017021005158/0000950170-21-005158-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846576/000095017021005158/figs-20211213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-21-005158
- JSON: https://secwatch.observer/filing/0000950170-21-005158.json
- Plain text: https://secwatch.observer/filing/0000950170-21-005158.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.