secwatch.observer — SEC 8-K summary
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Issuer:     FIGS, Inc. (FIGS)
CIK:        0001846576
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001628280-26-032106
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1846576/000162828026032106/0001628280-26-032106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1846576/000162828026032106/figs-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-032106

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