---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-003127"
form_type: "8-K"
ticker: "FIGS"
cik: "0001846576"
company_name: "FIGS, Inc."
filed_at: "2022-03-08T23:59:59+00:00"
generated_at: "2026-06-27T00:53:34.715484+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FIGS Q4 rev $128.7M (+42.7% YoY); FY rev $419.6M (+59.5% YoY); guides FY22 $550-560M

## Summary
- Q4 net income $12.6M ($0.06 diluted EPS); adjusted EPS $0.09.
- FY 2021 net loss $9.6M ($0.06 diluted loss) due to $50.4M IPO stock comp; adjusted net income $55.9M ($0.30 adjusted EPS).
- FY gross margin 71.8% (-50 bps YoY); Q4 gross margin 69.9% (-110 bps YoY).
- Active customers 1.9M (+46%); net revenue per active customer $224 (+11%); AOV $105 (+12%).
- FY2022 guidance: net rev $550-560M, gross margin 70%+, adjusted EBITDA margin 20%+.

## SEC filing metadata
- accession: 0000950170-22-003127
- form_type: 8-K
- ticker: FIGS
- cik: 0001846576
- company_name: FIGS, Inc.
- filed_at: 2022-03-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1846576/000095017022003127/0000950170-22-003127-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846576/000095017022003127/figs-20220308.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-003127
- JSON: https://secwatch.observer/filing/0000950170-22-003127.json
- Plain text: https://secwatch.observer/filing/0000950170-22-003127.txt

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