7 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $631M | $34M | 66.5% | 6.0% | $53M | — | $82M |
| 2024 | $556M | $3M | 67.6% | 0.4% | $64M | — | $86M |
| 2023 | $546M | $23M | 69.1% | 6.2% | $85M | — | $144M |
| 2022 | $506M | $21M | 70.1% | 7.4% | -$41M | — | $160M |
| 2021 | $420M | -$10M | 71.8% | 2.6% | $64M | — | $195M |
| 2020 | $263M | $50M | 72.3% | 22.0% | $19M | — | $58M |
| 2019 | $110M | $112000 | 71.8% | -0.3% | — | — | — |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $160M | $6M | 67.7% | 2.8% | -$6M | — | $74M |
| Dec '25 | $202M | $19M | 62.9% | 9.3% | $58M | — | $82M |
| Sep '25 | $152M | $9M | 69.9% | 6.4% | $531000 | — | $46M |
| Jun '25 | $153M | $7M | 67.0% | 6.5% | -$14M | — | $51M |
| Mar '25 | $125M | -$102000 | 67.6% | -0.2% | $8M | — | $90M |
| Dec '24 | $152M | $2M | 67.3% | 5.9% | $27M | — | $86M |
| Sep '24 | $140M | -$2M | 67.1% | -6.2% | $18M | — | $124M |
| Jun '24 | $144M | $1M | 67.4% | 1.1% | $8M | — | $132M |
| Mar '24 | $119M | $1M | 68.9% | 0.4% | $11M | — | $155M |
| Dec '23 | $145M | $10M | 67.5% | 9.8% | $14M | — | $144M |
| Sep '23 | $142M | $6M | 68.4% | 7.0% | $46M | — | $183M |
| Jun '23 | $138M | $5M | 69.5% | 4.8% | $29M | — | $147M |
| Mar '23 | $120M | $2M | 71.3% | 2.7% | -$4M | — | $156M |
| Dec '22 | $145M | $3M | 68.2% | 2.2% | $3M | — | $160M |
| Sep '22 | $129M | $4M | 70.6% | 8.7% | -$16M | — | $156M |
| Jun '22 | $122M | $5M | 70.6% | 7.7% | -$20M | — | $170M |
| Mar '22 | $110M | $9M | 71.2% | 12.5% | -$8M | — | $189M |
| Dec '21 | $129M | $13M | 69.9% | 12.8% | $13M | — | $195M |
| Sep '21 | $103M | $7M | 72.7% | 10.3% | $19M | — | $181M |
| Jun '21 | $101M | -$41M | 73.3% | -31.7% | — | — | $164M |
How the market has priced FIGS against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Figs, Inc.'s revenue has grown 19.1% per year, and net income declined 7.2% per year. These are computed facts, not advice.
As of FY2025, Figs, Inc. reported — of total debt against $82M of cash.
In FY2025, gross margin was 66.5%, operating margin 6.0%, and net margin 5.4%.
As of Jun '26, Figs, Inc. traded at a price-to-earnings ratio of about 53.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.