---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-032106"
form_type: "8-K"
ticker: "FIGS"
cik: "0001846576"
company_name: "FIGS, Inc."
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T22:01:21.642793+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# FIGS Q1 net revenue up 28% to $159.9M; EPS $0.03; raises full-year guidance

## Summary
- Net revenues $159.9M (+28% YoY); net income $6.3M ($0.03 diluted EPS) vs net loss of $(0.1M) last year.
- Active customers reached 3.0M (+12.2% YoY); AOV $124 (+4.2%).
- Adjusted EBITDA $13.9M (margin 8.7%) vs $9.2M (7.3%) last year, up 51%.
- Full year 2026 outlook raised: net revenue growth 14%-16%; adjusted EBITDA margin 13.0%-13.2%.
- International net revenues up 49.9% to $28.3M; U.S. up 24.1% to $131.6M.

## SEC filing metadata
- accession: 0001628280-26-032106
- form_type: 8-K
- ticker: FIGS
- cik: 0001846576
- company_name: FIGS, Inc.
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1846576/000162828026032106/0001628280-26-032106-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846576/000162828026032106/figs-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-032106
- JSON: https://secwatch.observer/filing/0001628280-26-032106.json
- Plain text: https://secwatch.observer/filing/0001628280-26-032106.txt

## Source-grounded claims
- claim_id: 653b423c5f6f82a584c6592307873f7163aaadb5
  claim: FIGS, Inc. reported First Quarter 2026 results: revenue Net revenues were $159.9 million, net income Net income was $6.3 million, EPS $0.03 in diluted earnings per share. Guidance raised.
  evidence_excerpt: financial highlights presentation on its investor relations website at ir.wearfigs.com/financials/quarterly-results/. First Quarter 2026 Financial Highlights • Net revenues were $159.9 million, an increase of 28.0% year over year, primarily due to an increase in orders from new and existing customers and higher average order value (“AOV”). (1) • Scrubwear net revenues
  evidence_url: https://www.sec.gov/Archives/edgar/data/1846576/000162828026032106/0001628280-26-032106-index.htm
- claim_id: 695004cb7e73df74dc82a9fbcd77ce5b4d722ae9
  claim: FIGS, Inc. reported Full Year 2026 results: revenue Net Revenues growth vs. 2025 up 14% to 16%. Guidance raised.
  evidence_excerpt: Full Year 2026 Financial Outlook Net Revenues growth vs. 2025 up 14% to 16% Adjusted EBITDA Margin (2)(4) 13.0% to 13.2% Sarah Oughtred, Chief Financial Officer, commented, “Our strong start to 2026 fuels our confidence and supports higher net revenues and adjusted EBITDA margin expectations for the rest of the year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1846576/000162828026032106/0001628280-26-032106-index.htm

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