---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-008661"
form_type: "8-K"
ticker: "FIGS"
cik: "0001846576"
company_name: "FIGS, Inc."
filed_at: "2025-02-27T23:59:59+00:00"
generated_at: "2026-05-26T02:29:46.228725+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# FIGS Q4/FY2024 revenue up 1.8% YoY to $555.6M; FY2025 guide sees low-single-digit decline; board adds $50M buyback

## Summary
- FY2024 net revenues $555.6M (+1.8% YoY); net income $2.7M, diluted EPS $0.02; adjusted EBITDA margin 9.3% vs 15.8% prior year.
- Q4 net revenues $151.8M (+4.8% YoY); net income $1.9M, diluted EPS $0.01; adjusted EBITDA $21.1M (13.9% margin) vs $26.6M (18.4%).
- Active customers 2.7M (+3.0% YoY); net revenues per active customer $208 (-1.0%); AOV $113 (-1.7%).
- FY2025 outlook: net revenue growth down low-single-digits; adjusted EBITDA margin 9.0%-9.5%.
- Board increased share repurchase authorization by $50M to $100M total; ~$54.6M available for repurchases.

## SEC filing metadata
- accession: 0001628280-25-008661
- form_type: 8-K
- ticker: FIGS
- cik: 0001846576
- company_name: FIGS, Inc.
- filed_at: 2025-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1846576/000162828025008661/0001628280-25-008661-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846576/000162828025008661/figs-20250227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-008661
- JSON: https://secwatch.observer/filing/0001628280-25-008661.json
- Plain text: https://secwatch.observer/filing/0001628280-25-008661.txt

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