---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-054319"
form_type: "8-K"
ticker: "FIGS"
cik: "0001846576"
company_name: "FIGS, Inc."
filed_at: "2026-08-06T20:12:44+00:00"
generated_at: "2026-08-06T20:17:26.159507+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# FIGS beats Q2 expectations: revenue $196.6M (+28.8%), EPS $0.15, raises FY guidance, $100M buyback increase

## Summary
- Net revenues $196.6M, up 28.8% YoY; net income $28.4M ($0.15 diluted EPS) vs $7.1M ($0.04) YoY.
- Adjusted EBITDA $36.6M, margin 18.6% (up from 12.9% YoY); gross margin 75.2% (+820 bps) including IEEPA tariff refunds.
- Active customers 3.1M (+13.2% YoY); net rev per active customer $229 (+10.1%); AOV $127 (+8.5%).
- Board authorized $100M increase to share repurchase program, total authorization $200M; $119.2M remaining.
- Full year 2026 outlook: net revenue growth ~20% vs 2025; adjusted EBITDA margin 14.8%-15.0%.

## SEC filing metadata
- accession: 0001628280-26-054319
- form_type: 8-K
- ticker: FIGS
- cik: 0001846576
- company_name: FIGS, Inc.
- filed_at: 2026-08-06T20:12:44+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1846576/000162828026054319/0001628280-26-054319-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846576/000162828026054319/figs-20260806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-054319
- JSON: https://secwatch.observer/filing/0001628280-26-054319.json
- Plain text: https://secwatch.observer/filing/0001628280-26-054319.txt

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