secwatch.observer — SEC 8-K summary
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Issuer:     FIGS, Inc. (FIGS)
CIK:        0001846576
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001628280-25-050184
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FIGS Q3 net rev $151.7M (+8.2% YoY), net income $8.7M, raises FY guidance
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- Net income $8.7M ($0.05 diluted EPS) vs loss of $1.7M a year ago; adjusted EBITDA $18.9M, margin 12.4%.
- Gross margin 69.9%, up 280 bps YoY; operating expenses fell 6.1%.
- Active customers 2.8M (+4.0% YoY); AOV $114 (+5.6%); international rev $24.3M (+11.7%).
- FY 2025 outlook: net rev growth ~7.0% vs 2024; adjusted EBITDA margin ~10.3% (raised from prior range).
- CEO cites strongest quarterly growth in two years; company exceeds internal expectations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1846576/000162828025050184/0001628280-25-050184-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1846576/000162828025050184/figs-20251106.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-050184

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer