Highest-materiality recent filing
Net revenues $196.6M, up 28.8% YoY; net income $28.4M ($0.15 diluted EPS) vs $7.1M ($0.04) YoY.
FIGS stockholders re-elect three Class II directors, ratify Ernst & Young, approve say-on-pay
Heather Hasson re-elected with 275.9M votes for, 12.6M withheld; broker non-votes 14.1M.
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).
FIGS Q3 revenue +10.7% to $142.4M, raises FY guidance, appoints former Chewy CFO to board
Q3 net revenues $142.4M (+10.7% YoY); net income $6.1M ($0.03 diluted EPS).
FIGS Q2 revenue $138.1M (+13% YoY); net income $4.6M; guides FY23 rev growth 5.5-7.5%
Net revenues $138.1M (+13% YoY); net income $4.6M ($0.02 diluted EPS) vs $4.9M prior year.
FIGS, Inc. announces results of 2023 annual meeting; all proposals passed
Class II directors Heather Hasson, Kenneth Lin, Michael Soenen elected to serve until 2026 annual meeting.
FIGS Q1 net revenue $120.2M (+9.2% YoY); guides FY23 revenue growth 5.5%-7.5%
Net income of $1.9M ($0.01 diluted EPS); adjusted EBITDA $16.1M (13.4% margin).
FIGS Q4 revenue $144.9M (+12.6% YoY), guides FY23 mid-single digit growth
Q4 net income $3.4M ($0.02 diluted EPS); adjusted EPS $0.05; adjusted EBITDA $19.8M (13.6% margin).
FIGS Q3 net rev $128.6M (+25.2% YoY); adj EBITDA margin 16.4%
Net income $4.0M, diluted EPS $0.02; adjusted EPS also $0.02.
FIGS Q2 net rev $122.2M (+20.9%); net income $4.9M; Hasson Exec Chair, Spear CEO
Q2 net revenue $122.2M (+20.9% YoY); net income $4.9M, diluted EPS $0.03.
FIGS stockholders elect Spear and Antrum as Class I directors; ratify EY as auditor
Catherine Spear re-elected with 234,433,370 votes for, 19,380,185 withheld; broker non-votes 10,724,199.
Figs Q1 revenue $110.1M (+26.4% YoY) but cuts FY22 guidance; gross margin pressured by air freight
Q1 net income $8.9M, diluted EPS $0.05; adjusted EBITDA $25.0M, margin 22.7% (down 530 bps YoY).
FIGS appoints A.G. Lafley, Kenneth Lin, and Jeffrey Wilke to Board of Directors
A.G. Lafley (ex-P&G CEO), Kenneth Lin (Credit Karma founder), and Jeffrey Wilke (ex-Amazon consumer CEO) appointed, effective April 1, 2022.
Tulco distributes all 58M FIGS Class A shares; Tull parties own 17.5% of Class A
Tulco converted 6.3M Class B shares to Class A, then distributed all 58,000,932 Class A shares to its members pro rata.
FIGS Q4 rev $128.7M (+42.7% YoY); FY rev $419.6M (+59.5% YoY); guides FY22 $550-560M
Q4 net income $12.6M ($0.06 diluted EPS); adjusted EPS $0.09.
FIGS reports preliminary Q4 net revenue $128M (+42% YoY); FY2021 $419M (+59%), beating guidance
Q4 net revenue $128M, up 42% YoY; active customers 1.9M, up 46% YoY.
FIGS reaffirms 2021 revenue guidance of $410M and long-term target of $1B by 2025
Reaffirmed FY2021 net revenue outlook of $410M, gross margin ≥70%, adjusted EBITDA margin ≥20%.
FIGS CFO Jeffrey Lawrence to retire Dec 24; Daniella Turenshine appointed as successor
Jeffrey Lawrence retires as CFO effective Dec 24, 2021; he joined in Dec 2020 to lead the IPO.
FIGS Q3 net revenues up 33.7% to $102.7M; raises FY revenue outlook to $410M
Net revenues $102.7M, up 33.7% YoY (41.4% excl. prior-year related-party sale).
FIGS enters $100M secured revolving credit facility with Bank of America, matures 2026
Revolving credit facility of $100M for working capital and general corporate purposes; matures Sept 7, 2026.
FIGS announces early lock-up release; ~23.3M shares eligible for sale Aug 27
Early release conditions met Aug 24, 2021; release occurs Aug 27, 2021.
FIGS Q2 revenue $101.1M (+57.6% YoY); GAAP net loss $40.5M, adjusted EPS $0.08
Net revenues $101.1M, up 57.6% YoY; active customers grew 79.2% to 1.6M.
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
On October 30, 2023, the Board of Directors (the “ Board ”) of the Company appointed Mario Marte to serve as a member of the Board, effective November 3, 2023 (the “ Effective Date ”).
On August 2, 2022, the Board appointed Catherine Spear as the Company’s sole Chief Executive Officer and principal executive officer, effective on the Effective Date.
On August 2, 2022, the Board of Directors (the “ Board ”) of the Company appointed Heather Hasson as Executive Chair of the Board, effective August 4, 2022 (the “ Effective Date ”).
On March 29, 2022, the Board of Directors (the “ Board ”) of FIGS, Inc. (the “ Company ”) appointed each of A.G. Lafley, Kenneth Lin and Jeffrey Wilke to serve as members of the Board, in each case, effective April 1, 2022.
On March 29, 2022, the Board of Directors (the “ Board ”) of FIGS, Inc. (the “ Company ”) appointed each of A.G. Lafley, Kenneth Lin and Jeffrey Wilke to serve as members of the Board, in each case, effective April 1, 2022.
On March 29, 2022, the Board of Directors (the “ Board ”) of FIGS, Inc. (the “ Company ”) appointed each of A.G. Lafley, Kenneth Lin and Jeffrey Wilke to serve as members of the Board, in each case, effective April 1, 2022.
Max materiality 0.90 · Median 0.70 · Most common event earnings