secwatch.observer — SEC 8-K summary
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Issuer:     FIGS, Inc. (FIGS)
CIK:        0001846576
Form:       8-K
Filed at:   2026-02-26T23:59:59+00:00
Accession:  0001628280-26-012291
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FIGS Q4 net revenue up 33% to $201.9M; FY2026 guidance 10-12% growth
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- Q4 net revenues $201.9M (+33% YoY); diluted EPS $0.10 vs $0.01 last year.
- Full year 2025 net revenues $631.1M (+13.6%); net income $34.3M vs $2.7M.
- Active customers 2.9M (+9.4% YoY); AOV $120 (+6.2% YoY).
- FY 2026 guidance: net revenue growth 10-12%; adj. EBITDA margin 12.7%-12.9%.
- Gross margin pressured by tariffs (62.9% in Q4, -440bps) and $5.6M inventory write-off.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1846576/000162828026012291/0001628280-26-012291-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1846576/000162828026012291/figs-20260226.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-012291

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