---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-027230"
form_type: "8-K"
ticker: "FIGS"
cik: "0001846576"
company_name: "FIGS, Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T09:25:58.840731+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FIGS Q2 revenue $138.1M (+13% YoY); net income $4.6M; guides FY23 rev growth 5.5-7.5%

## Summary
- Net revenues $138.1M (+13% YoY); net income $4.6M ($0.02 diluted EPS) vs $4.9M prior year.
- Adjusted EBITDA $18.9M (13.7% margin) vs $21.5M (17.6%) prior year, down $2.6M YoY.
- Active customers 2.5M (+21% YoY); AOV $115 (+5.5%); net revenue per active customer $215 (-5.3%).
- FY23 guidance: net revenue growth 5.5%-7.5%, adjusted EBITDA margin 12.5%-13.5%.
- Gross margin 69.5% (-110bps YoY) due to product mix shift and increased promotional sales.

## SEC filing metadata
- accession: 0001628280-23-027230
- form_type: 8-K
- ticker: FIGS
- cik: 0001846576
- company_name: FIGS, Inc.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1846576/000162828023027230/0001628280-23-027230-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846576/000162828023027230/figs-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-027230
- JSON: https://secwatch.observer/filing/0001628280-23-027230.json
- Plain text: https://secwatch.observer/filing/0001628280-23-027230.txt

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