{ "ok": true, "cik": "1846576", "ticker": "FIGS", "name": "FIGS, Inc.", "filings": [ { "form": "10-Q", "filed": "2026-08-06", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1846576/000162828026054342/0001628280-26-054342-index.htm" }, { "form": "8-K", "filed": "2026-08-06", "items": [ "2.02 Results of Operations and Financial Condition", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1846576/000162828026054319/0001628280-26-054319-index.htm" }, { "form": "8-K", "filed": "2026-06-08", "items": [ "5.07 Submission of Matters to a Vote of Security Holders" ], "url": "https://www.sec.gov/Archives/edgar/data/1846576/000162828026041604/0001628280-26-041604-index.htm" }, { "form": "10-Q", "filed": "2026-05-07", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1846576/000162828026032216/0001628280-26-032216-index.htm" }, { "form": "8-K", "filed": "2026-05-07", "items": [ "2.02 Results of Operations and Financial Condition", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1846576/000162828026032106/0001628280-26-032106-index.htm" }, { "form": "DEF 14A", "filed": "2026-04-23", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1846576/000162828026026838/0001628280-26-026838-index.htm" } ], "events12m": 6, "healthWatch": { "window": "last 12 months", "since": "2025-10-02", "signals": [], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001846576.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1846576" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up FIGS, Inc. ($FIGS). Last filing: 10-Q, 2026-08-06. 6 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 631098000, "revenueGrowth1y": 0.13597140172583244, "revenueGrowthPerYear": 0.10743350782724392, "yearsOfData": 5, "operatingMargin": 0.06044544587369949, "operatingMarginPrior": 0.0040769820612789305, "netMargin": 0.0542704936475793, "operatingCashFlow": 61170000, "capitalSpending": 8168000, "freeCashFlow": 53002000, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 81985000, "longTermDebt": null, "longTermDebtChange": null, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 419591000 }, { "fiscalYearEnd": "2022-12-31", "revenue": 505835000 }, { "fiscalYearEnd": "2023-12-31", "revenue": 545646000 }, { "fiscalYearEnd": "2024-12-31", "revenue": 555558000 }, { "fiscalYearEnd": "2025-12-31", "revenue": 631098000 } ], "totalEquity": 437462000, "totalAssets": 579996000, "equityRatio": 0.754250029310547, "returnOnEquity": 0.07829251454983518, "dividendsPaid": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": 0.21, "sharesOutstanding": 179486886, "bookValuePerShare": 2.4372922710353335, "revenuePerShare": 3.516123177935128, "range80": { "low": 591872133.5878264, "high": 791002470.5762349, "baseline": 698155086.1785573, "n": 4309, "band": "b01", "bandLabel": "$100M–1B", "method": "v4.1", "credibility": 0.5, "growthYears": 4, "ownVolatility": 0.07212689376414182, "classVolatility": 0.1022985825903761, "volatility": 0.0885078776269768 }, "ifPaceHeld": { "low": 591872133.5878264, "high": 791002470.5762349 } }, "edgarette": "🔖 Exposure: revenue $631.1M (FY2025). Experience: revenue up 13.6% on the year, up 10.7% a year over 4 years; operating margin 6.0%, up from 0.4%. Soundness: equity 75.4% of assets, return on equity 7.8%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $591.9M and $791.0M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $550.0M to $853.7M. A statistical range, not company guidance. Against peers (8 filers, $50M+ revenue, apparel & other finishd prods of fabrics & similar matl): growth 13.6% against 3.0%.", "peers": { "sic": 2300, "sicDescription": "Apparel & Other Finishd Prods of Fabrics & Similar Matl", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "2300", "growth": [ 0.0303, 8 ], "equityRatio": [ 0.5205, 8 ] }, "summary": "Figs (FIGS) grew revenue 13.6% in FY2025 to $631 million, operating margin 6.0%, equity 75.4% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
FIGS, Inc. against its own record and its peers
Operating margin6.0%Revenue, on the yearPeer median 3.0%13.6%Equity of assetsPeer median 52.0%75.4%Return on equity7.8%Gold tick: the median of 8–8 peers with $50M+ revenue in apparel & other finishd prods of fabrics & similar matl
", "chartHorizon": null, "backtest": { "tests": 3, "hits": 2, "rate": 0.6666666666666666, "method": "v4", "byYear": { "2023": [ 0, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-29T21:48:10.565Z", "hash": "9ad952818fa222d1", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Figs (FIGS) grew revenue 13.6% in FY2025 to $631 million, operating margin 6.0%, equity 75.4% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 631098000, "totalDebt": null, "cash": 81985000 }, "experience": { "revenueGrowth1y": 0.13597140172583244, "revenueGrowthPerYear": 0.10743350782724392, "operatingMargin": 0.06044544587369949, "operatingMarginPrior": 0.0040769820612789305, "netMargin": 0.0542704936475793, "freeCashFlow": 53002000 }, "soundness": { "equityRatio": 0.754250029310547, "returnOnEquity": 0.07829251454983518, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 2300, "sicDescription": "Apparel & Other Finishd Prods of Fabrics & Similar Matl", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "2300", "growth": [ 0.0303, 8 ], "equityRatio": [ 0.5205, 8 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "healthWatch": { "window": "last 12 months", "since": "2025-10-02", "signals": [], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 591872133.5878264, "high": 791002470.5762349, "baseline": 698155086.1785573, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 4309, "sizeBand": "$100M–1B", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341, "coverageAllYears": 0.6904374799277399, "stressCoverageAllYears": 0.819004992974709, "outcomeYears": [ 2019, 2025 ] }, "credibility": { "weightOnOwnRecord": 0.5, "growthYears": 4, "ownVolatility": 0.07212689376414182, "classVolatility": 0.1022985825903761, "pricedVolatility": 0.0885078776269768, "k": 3 }, "stress": { "low": 550002347.7655071, "high": 853730730.5811365, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 3, "hits": 2, "rate": 0.6666666666666666, "method": "v4", "byYear": { "2023": [ 0, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-29T21:48:10.565Z", "hash": "9ad952818fa222d1", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001846576.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1846576" }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.0969, "growth3y": 0.0765, "volatility": 0.0721, "paysDividend": false, "raisedDividend": false, "equityRatio": 0.7543, "quadrant": { "code": "fs", "label": "Fast and steady", "plain": "growing faster than its size class, with steadier revenue" }, "compass": { "code": "between", "inside": "Turns 9.7% of revenue into operating cash; revenue growing 7.6% a year over three years; no common dividend.", "outside": "Among $100M-1B companies: 51st percentile for cash, 55th for growth.", "emoji": "🌊", "label": "In between", "plain": "no clear cash pattern yet" }, "band": "$100M-1B", "cashPctInClass": 51, "growthPctInClass": 55, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 0, "name": "New ship", "plain": "no warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": 61170000, "investing": -63961000, "financing": -969000, "capitalSpending": 8168000, "free": 53002000, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": 66437000, "free": 63725000 }, { "fiscalYearEnd": "2022-12-31", "operating": -35329000, "free": -40677000 }, { "fiscalYearEnd": "2023-12-31", "operating": 100915000, "free": 84567000 }, { "fiscalYearEnd": "2024-12-31", "operating": 81162000, "free": 64141000 }, { "fiscalYearEnd": "2025-12-31", "operating": 61170000, "free": 53002000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 81985000, "shortTerm": 218863000, "longTerm": null, "equityHoldings": null, "totalAssets": 579996000, "ladder": null, "currentRatio": 4.94, "unrealizedGain": 168000, "unrealizedLoss": 10000, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.0969, "growth3y": 0.0765, "volatility": 0.0721, "paysDividend": false, "raisedDividend": false, "equityRatio": 0.7543, "quadrant": { "code": "fs", "label": "Fast and steady", "plain": "growing faster than its size class, with steadier revenue" }, "compass": { "code": "between", "inside": "Turns 9.7% of revenue into operating cash; revenue growing 7.6% a year over three years; no common dividend.", "outside": "Among $100M-1B companies: 51st percentile for cash, 55th for growth.", "emoji": "🌊", "label": "In between", "plain": "no clear cash pattern yet" }, "band": "$100M-1B", "cashPctInClass": 51, "growthPctInClass": 55, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 0, "name": "New ship", "plain": "no warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": 61170000, "investing": -63961000, "financing": -969000, "capitalSpending": 8168000, "free": 53002000, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": 66437000, "free": 63725000 }, { "fiscalYearEnd": "2022-12-31", "operating": -35329000, "free": -40677000 }, { "fiscalYearEnd": "2023-12-31", "operating": 100915000, "free": 84567000 }, { "fiscalYearEnd": "2024-12-31", "operating": 81162000, "free": 64141000 }, { "fiscalYearEnd": "2025-12-31", "operating": 61170000, "free": 53002000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 81985000, "shortTerm": 218863000, "longTerm": null, "equityHoldings": null, "totalAssets": 579996000, "ladder": null, "currentRatio": 4.94, "unrealizedGain": 168000, "unrealizedLoss": 10000, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }