---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-036148"
form_type: "8-K"
ticker: "FIGS"
cik: "0001846576"
company_name: "FIGS, Inc."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:17:05.624299+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FIGS Q2 rev $144.2M (+4.4%), net income $1.1M; announces $50M buyback; FY2024 EBITDA margin 9.5%-10%

## Summary
- Net revenues $144.2M (+4.4% YoY); active customers 2.6M (+6.1% YoY).
- Net income $1.1M ($0.01 diluted EPS) vs $4.6M last year; Adj. EBITDA $12.9M (9.0% margin).
- Q2 results exceeded prior outlook for both net revenues and adjusted EBITDA margin.
- Board authorized $50M share repurchase program, no expiration date.
- FY2024 guidance: net revenues flat to 2% growth; adj. EBITDA margin 9.5%-10%.

## SEC filing metadata
- accession: 0001628280-24-036148
- form_type: 8-K
- ticker: FIGS
- cik: 0001846576
- company_name: FIGS, Inc.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1846576/000162828024036148/0001628280-24-036148-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846576/000162828024036148/figs-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-036148
- JSON: https://secwatch.observer/filing/0001628280-24-036148.json
- Plain text: https://secwatch.observer/filing/0001628280-24-036148.txt

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