FIGS, Inc.FIGS

NYSEConsumer SpendingApparel & Other Finishd Prods of Fabrics & Similar Matl
Price (close)
$12.49
Market cap
$2.4B
P/E
39.4x
Revenue (TTM)
$710.1M
Net income
$61.9M
Dividend yield
—
1-year total return
90.1%
Net margin
8.7%
Revenue growth
24.7%
Debt / equity
—

What FIGS, Inc. does.

We are a founder-led, direct-to-consumer healthcare apparel and lifestyle brand that seeks to celebrate, empower and serve current and future generations of healthcare professionals. We are committed to helping this growing, global community of professionals, whom we refer to as Awesome Humans, look, feel and perform at their best—24/7, 365 days a year. We create technically advanced apparel and products that feature an unmatched combination of comfort, durability, function and style, all at an affordable price. In doing so, we have redefined what scrubs are—giving rise to our tag-line: why wear scrubs, when you can #wearFIGS?

By elevating scrubs and creating premium products for healthcare professionals that support them on and off-shift, we revolutionized the large and fragmented healthcare apparel market, branded a previously unbranded industry and de-commoditized a previously commoditized product. Most importantly, we built a community and lifestyle around a profession. As a result, we have become the industry’s category-defining healthcare apparel and lifestyle brand.

We sell products purposefully designed to serve the particular needs of healthcare professionals primarily through our direct-to-consumer (“DTC”) digital platform, consisting of our website, mobile app and B2B business (“TEAMS”). We also operate physical retail stores, which we call Community Hubs, and which represent a first-of-its-kind retail experience for healthcare professionals.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$263.1M$419.6M$505.8M$545.6M$555.6M$631.1M
Net income$49.8M-$9.6M$21.2M$22.6M$2.7M$34.3M
Free cash flow$19.5M$63.7M-$40.7M$84.6M$64.1M$53.0M

More on FIGS.

Figures from FIGS, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.