earnings
confidence high
sentiment negative
materiality 0.75
FIGS Q1 net revs +4.7% to $124.9M; net loss minimal; FY25 outlook cut on tariffs
FIGS, Inc.
2025-Q1 EPS reported
$0.00
revenue$124,901,000
- Net revenues $124.9M, +4.7% YoY; net loss $(0.1)M ($0.00 diluted EPS) vs income $1.4M last year.
- Gross margin 67.6% (-130 bps); adjusted EBITDA $9.0M (7.2% margin) vs $13.0M (10.9%) YoY.
- Active customers 2.7M (+3.8%); AOV $119 (+2.6%); international revs $18.9M (+16.4%).
- FY2025 outlook: net revs down low-single-digits; adj. EBITDA margin 7.5%-8.5% due to U.S. tariffs.
- CEO cites strong full-price selling; CFO warns tariff uncertainty impacts H2 planning.