Figs Inc (FIGS) FinancialsFIGSFigs Inc

FIGS, Inc. (FIGS) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Scrubwear, accounting for 82.0% of total sales, equivalent to $161.23M. Another important revenue stream is Non-Scrubwear/Lifestyle. Understanding this composition is critical for investors evaluating how FIGS navigates market cycles within the Apparel & Accessories industry.

Evaluating the bottom line, FIGS, Inc. maintains a gross margin of 75.20%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 17.93%, while the net margin is 14.43%. These profitability ratios, combined with a Return on Equity (ROE) of 14.76%, provide a clear picture of how effectively FIGS converts its operational activities into shareholder value.

In the context of the broader market, FIGS competes directly with industry leaders such as COLM and UA. With a market capitalization of $2.51B, it holds a significant position in the sector. When comparing efficiency, FIGS's gross margin of 75.20% stands against COLM's 58.34% and UA's 60.46%. Such benchmarking helps identify whether FIGS, Inc. is trading at a premium or discount relative to its financial performance.

Figs has shown strong financial performance with a gross margin of 75.20% in Q2 2026 and a net margin of 14.43%, reflecting effective cost management and profitability. The company also generated $97 million in positive cash flow over the past year, indicating solid financial health.