FIGS, Inc. shareholders approved Approval, on an advisory (non-binding) basis, of the compensation of the Company's named executive officers. at the 2026-06-03 meeting.
“Proposal 3—Approval, on an advisory (non-binding) basis, of the compensation of the Company’s named executive officers. Votes For Votes Against Votes Abstained Broker Non-Votes 241,013,864 46,312,879 1,229,675 14,117,708 Based on the forgoing votes, the stockholders approved, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers.”
Shareholder Votes
FIGS, Inc. shareholders approved Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026. at the 2026-06-03 meeting.
“Proposal 2—Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. Votes For Votes Against Votes Abstained 302,472,060 83,484 118,582 Based on the foregoing votes, the stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.”
Shareholder Votes
FIGS, Inc. shareholders approved Election of three Class II directors at the 2026-06-03 meeting.
“Proposal 1—Election of three (3) Class II directors to hold office until the annual meeting of stockholders to be held in 2029 and until each such director’s respective successor is duly elected and qualified or until each such director’s earlier death, resignation or removal. Nominee Votes For Votes Withheld Broker Non-Votes Heather Hasson 275,934,138 12,622,280 14,117,708 Kenneth Lin 279,648,260 8,908,158 14,117,708 Melanie Whelan 250,430,479 38,125,939 14,117,708 Based on the foregoing votes, each of Heather Hasson, Kenneth Lin and Melanie Whelan was elected to serve as a director until the 2029 annual meeting of stockholders and until his or her successor has been duly elected and qualified or until his or her earlier death, resignation or removal.”
Earnings Releases
FIGS, Inc. reported Full Year 2026 results: revenue Net Revenues growth vs. 2025 up 14% to 16%. Guidance raised.
“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.”
Earnings Releases
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.
“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”
Material Agreements
FIGS, Inc. amended First Amendment to Office Lease with 2834 Colorado Avenue, LLC valued at monthly base rent for the Relocated Premises is $249,301 for the first twelve months (effective 2025-12-09).
“On December 9, 2025, FIGS, Inc. (the “ Company ”) entered into a First Amendment to Office Lease (the “ First Amendment ”) with 2834 Colorado Avenue, LLC, a Delaware limited liability company (the “ Landlord ”), amending that certain Office Lease, by and between the Company and Landlord, dated as of November 26, 2018”
Jerry Jao was appointed as Member of the Board, Chairperson of the Audit Committee, Member of the Compensation Committee at FIGS, Inc..
“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 ”).”
Kevin Fosty changed role as VP, Controller at FIGS, Inc..
“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.”
Sarah Oughtred was appointed as Chief Financial Officer at FIGS, Inc..
“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”
Earnings Releases
FIGS, Inc. reported three months ended March 31, 2024 results: net income Net income ... was $1.4 million.
“were $1.4 million (or $0.01 in diluted earnings per share), a decrease of $0.5 million year over year as compared to net income in the same period last year”
Kevin Fosty was appointed as Interim Chief Financial Officer at FIGS, Inc..
“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”
Earnings Releases
FIGS, Inc. reported Fourth quarter 2023 results: revenue Net revenues were $144.9 million, net income Net income and net income, as adjusted (1) were $10.0 million, EPS $0.05 in diluted earnings per share.
“Fourth Quarter 2023 Financial Highlights • Net revenues were $144.9 million, flat year over year.”
Kevin Fosty was appointed as Interim Chief Financial Officer at FIGS, Inc..
“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”
Daniella Turenshine resigned as Chief Financial Officer at FIGS, Inc..
“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”
Earnings Releases
FIGS, Inc. reported three and nine months ended September 30, 2023 results: revenue $142.4 million, net income $6.1 million, EPS $0.03 per diluted share. Guidance raised.
“financial highlights presentation on its investor relations website at ir.wearfigs.com/financials/quarterly-results. Third Quarter 2023 Financial Highlights • Net revenues were $142.4 million, an increase of 10.7% year over year, driven by an increase in orders from existing and new customers and, to a lesser extent, an increase in average order value (“AOV”). • Gross”
Mario Marte was appointed as Director at FIGS, Inc..
“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 ”).”
Shareholder Votes
FIGS, Inc. shareholders approved Approval, on an advisory (non-binding) basis, of the frequency of future advisory votes on the compensation of our named executive officers. at the 2023-06-07 meeting.
“Proposal 4—Approval, on an advisory (non-binding) basis, of the frequency of future advisory votes on the compensation of our named executive officers. One Year Two Years Three Years Votes Abstained Broker Non-Votes 279,105,437 60,909 322,181 207,297 13,873,049 Based on the foregoing votes, the stockholders approved “One Year” as the frequency of future stockholder advisory votes on the compensation of our named executive officers.”
Shareholder Votes
FIGS, Inc. shareholders approved Approval, on an advisory (non-binding) basis, of the compensation of the Company’s named executive officers. at the 2023-06-07 meeting.
“Proposal 3—Approval, on an advisory (non-binding) basis, of the compensation of the Company’s named executive officers. Votes For Votes Against Votes Abstained Broker Non-Votes 233,938,372 45,135,595 621,857 13,873,049 Based on the forgoing votes, the stockholders approved, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers for the fiscal year ended December 31, 2022.”
Shareholder Votes
FIGS, Inc. shareholders approved Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-06-07 meeting.
“Proposal 2—Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. Votes For Votes Against Votes Abstained Broker Non-Votes 292,892,471 123,271 553,131 N/A Based on the foregoing votes, the stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023.”
Shareholder Votes
FIGS, Inc. shareholders approved Election of three Class II directors to hold office until the annual meeting of stockholders to be held in 2026 and until each such director's respective successor is duly elected and qualified or until each such director’s earlier death, resignation or removal. at the 2023-06-07 meeting.
“Proposal 1—Election of three (3) Class II directors to hold office until the annual meeting of stockholders to be held in 2026 and until each such director's respective successor is duly elected and qualified or until each such director’s earlier death, resignation or removal. Nominee Votes For Votes Withheld Broker Non-Votes Heather Hasson 266,311,234 13,384,590 13,873,049 Kenneth Lin 268,560,792 11,135,032 13,873,049 Michael Soenen 260,426,115 19,269,709 13,873,049 Based on the foregoing votes, each of Heather Hasson, Kenneth Lin and Michael Soenen was elected to serve as a director until the 2026 annual meeting of stockholders and until his or her successor has been duly elected and qualified or until his or her earlier death, resignation or removal.”
Earnings Releases
FIGS, Inc. reported three months ended March 31, 2023 results: revenue $120.2 million, net income $1.9 million, EPS $0.01.
“our leadership position within the healthcare apparel industry, while driving profitable growth for the long term.” First Quarter 2023 Financial Highlights • Net revenues were $120.2 million, an increase of 9.2% year over year, driven by an increase in orders from existing and new customers, partially offset by lower average order value (“AOV”). • Gross margin was”
Earnings Releases
FIGS, Inc. updated its 2023 Fiscal Year guidance (initiated).
“2023 Financial Outlook Net Revenues Mid-single digit growth Adjusted EBITDA Margin (4) 11% - 12%”
Earnings Releases
FIGS, Inc. reported Full Year 2022 results: revenue $505.8 million, net income $21.2 million, EPS $0.11.
“• Net revenues were $505.8 million, an increase of 20.6% year over year, primarily driven by an increase in orders and AOV. • Gross margin was 70.1%, a decrease of 170 basis points year over year, primarily due to a higher mix of promotional sales and, to a lesser extent, an increase in freight-in due to elevated ocean freight rates and product mix shift . • Operating expenses were $316.8 million, an increase of 9.1% year over year. As a percentage of net revenues, operating expenses decreased to 62.6% from 69.2% in the prior year period due to lower general and administrative expenses, partially offset by higher selling expense and marketing investment. • Net income was $21.2 million and diluted earnings per share was $0.11.”
Earnings Releases
FIGS, Inc. reported Fourth Quarter 2022 results: revenue $144.9 million, net income $3.4 million, EPS $0.02.
“• Net revenues were $144.9 million, an increase of 12.6% year over year, driven by an increase in orders from existing and new customers, partially offset by a slightly lower average order value (“AOV”) from $113 to $112. • Gross margin was 68.2%, a decrease of 170 basis points year over year, primarily due to a higher mix of promotional sales and product mix shift as well as higher ocean freight costs, partially offset by reduced utilization of air freight. • Operating expenses were $95.6 million, an increase of 29.9% year over year. As a percentage of net revenues, operating expenses increased to 66.0% from 57.2% in the prior year due to higher selling expenses related to fulfillment costs. • Net income was $3.4 million and diluted earnings per share was $0.02.”
Earnings Releases
FIGS, Inc. reported full year 2022 results: revenue approximately $495 million.
“For Full-Year 2022, the Company now expects: • Net revenues of approximately $495 million, representing year-over-year growth of approximately 18%. • Adjusted EBITDA margin (4) of approximately 16%.”
Earnings Releases
FIGS, Inc. reported third quarter 2022 results: revenue $128.6 million, net income $4.0 million, EPS $0.02.
“Net revenues were $128.6 million, an increase of 25.2% year over year, driven by an increase in orders from existing and new customers and, to a lesser extent, an increase in AOV. • Gross margin was 70.6%, a decrease of 210 basis points year over year, primarily due to an increase in freight-in costs, related to increased utilization of more expensive air freight and elevated ocean freight costs, and to a lesser extent, a higher mix of promotional sales and product mix shift. • Operating expenses were $79.6 million, an increase of 24.1% year over year. As a percentage of net revenues, operating expenses decreased to 61.9% from 62.5% in the prior year period due to lower general and administrative expenses, partially offset by higher selling expenses related to fulfillment costs. • Net income was $4.0 million and diluted earnings per share was $0.02.”
Catherine Spear was appointed as sole Chief Executive Officer and principal executive officer at FIGS, Inc..
“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.”
Heather Hasson was appointed as Executive Chair at FIGS, Inc..
“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 ”).”
Jeffrey Wilke was appointed as Member of the Board at FIGS, Inc..
“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.”
Kenneth Lin was appointed as Member of the Board at FIGS, Inc..
“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.”
A.G. Lafley was appointed as Member of the Board at FIGS, Inc..
“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.”
Daniella Turenshine was appointed as Chief Financial Officer at FIGS, Inc..
“On December 9, 2021, the Board of Directors (the “ Board ”) of the Company appointed Daniella Turenshine as Chief Financial Officer of the Company, effective as of the Effective Date.”
Jeffrey D. Lawrence retired as Chief Financial Officer at FIGS, Inc..
“On December 9, 2021, Jeffrey D. Lawrence notified FIGS, Inc. (the “ Company ” or “ FIGS ”) that he will be retiring from his position as Chief Financial Officer of the Company, effective December 24, 2021”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.