Highest-materiality recent filing
FIGS Q1 net revenue up 28% to $159.9M; EPS $0.03; raises full-year guidance
Net revenues $159.9M (+28% YoY); net income $6.3M ($0.03 diluted EPS) vs net loss of $(0.1M) last year.
FIGS Q4 net revenue up 33% to $201.9M; FY2026 guidance 10-12% growth
Q4 net revenues $201.9M (+33% YoY); diluted EPS $0.10 vs $0.01 last year.
FIGS amends office lease, consolidates HQ to fourth floor; expects cost savings
Lease amendment relocates from 26,118 sq ft ground floor and 20,033 sq ft sublease to 39,260 sq ft fourth floor.
FIGS Q3 net rev $151.7M (+8.2% YoY), net income $8.7M, raises FY guidance
Net income $8.7M ($0.05 diluted EPS) vs loss of $1.7M a year ago; adjusted EBITDA $18.9M, margin 12.4%.
FIGS Q2 2025 beats; revenue $152.6M (+5.8%), net income $7.1M; raises FY outlook
Net revenues $152.6M (+5.8% YoY); net income $7.1M ($0.04 diluted EPS) vs $1.1M last year.
FIGS annual meeting elects all three Class I directors and ratifies EY as auditor
Catherine Spear, Sheila Antrum, Mario Marte elected Class I directors with 91.8%, 94.5%, 98.3% votes for respectively.
FIGS Q1 net revs +4.7% to $124.9M; net loss minimal; FY25 outlook cut on tariffs
Net revenues $124.9M, +4.7% YoY; net loss $(0.1)M ($0.00 diluted EPS) vs income $1.4M last year.
FIGS appoints Jerry Jao as independent director, Audit Committee chair
Jerry Jao appointed to board effective April 1, 2025, as Class III director, Audit Committee chair, and Compensation Committee member.
FY2024 net revenues $555.6M (+1.8% YoY); net income $2.7M, diluted EPS $0.02; adjusted EBITDA margin 9.3% vs 15.8% prior year.
FIGS rejects unsolicited acquisition proposal from STORY3 Capital Partners
Board of Directors, including a Special Committee of independent directors, rejected STORY3's unsolicited acquisition proposal.
FIGS enters binding term sheet with Baron Capital; standstill and voting restrictions imposed
Binding Term Sheet signed Jan 13, 2025 with Baron Capital; parties to execute a stockholders agreement.
FIGS names Melanie Whelan to board; A.G. Lafley resigns effective Dec 31
Melanie Whelan appointed to Board as Class II director, effective Jan 1, 2025.
Q3 net revenues $140.2M (-1.5% YoY); net loss $(1.7)M ($(0.01) diluted EPS) vs prior year net income.
FIGS Q2 rev $144.2M (+4.4%), net income $1.1M; announces $50M buyback; FY2024 EBITDA margin 9.5%-10%
Net revenues $144.2M (+4.4% YoY); active customers 2.6M (+6.1% YoY).
FIGS appoints Sarah Oughtred as CFO effective August 9, 2024
Sarah Oughtred joins from lululemon after 17 years; most recently SVP, FP&A.
FIGS stockholders elect all three director nominees, ratify E&Y, approve say-on-pay
A.G. Lafley, Jeffrey Wilke, and J. Martin Willhite elected Class III directors with 285.7M, 274.7M, and 237.3M votes for, respectively.
FIGS discloses compensation terms for Interim CFO Kevin Fosty in 8-K/A amendment
Kevin Fosty appointed Interim CFO; base salary of $304,250 with 25% annual target bonus.
Net rev $119.3M (upper end of guidance); net income $1.4M vs $1.9M YoY; adj EBITDA $13.0M vs $16.1M YoY.
Q4 net revenues $144.9M flat YoY (impacted by $4.7M reclassification); net income $10.0M ($0.05 diluted EPS).
On March 31, 2025, the board of directors (the “ Board ”) of FIGS, Inc. (the “ Company ”) appointed Jerry Jao to serve as a member of the Board, effective April 1, 2025 (the “ Effective Date ”).
On June 7, 2024, the Board of Directors (the “ Board ”) of FIGS, Inc. (the “ Company ”) appointed Sarah Oughtred to serve as the Company’s Chief Financial Officer, effective as of August 9, 2024
Mr. Fosty will remain serving as Interim Chief Financial Officer, principal financial officer and principal accounting officer until the Effective Date and will thereafter continue with the Company in his previous role of VP, Controller.
On May 9, 2024, in connection with Mr. Fosty’s appointment as the Company’s Interim Chief Financial Officer, the Company entered into an Employment Offer Letter with Mr. Fosty
On February 26, 2024, the Company’s Chief Financial Officer and principal accounting officer, Daniella Turenshine, notified the Company of her decision to resign effective April 12, 2024
On February 26, 2024, the Board of Directors (the “ Board ”) of the Company designated Kevin Fosty, the Company’s VP, Controller, to serve as the Company’s Interim Chief Financial Officer and principal accounting officer on an interim basis, effective as of the Effective Date
Max materiality 0.85 · Median 0.70 · Most common event earnings