FIGS, Inc. (FIGS) Earnings
FIGS, Inc. is expected to report next earnings on August 6, 2026 (in NaN days), with a consensus EPS estimate of $0.07. FIGS has beaten EPS estimates in 10 of its last 12 reported quarters (average surprise +135.9% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 7, 2026 | $0.01 | $0.03 | +200.0% | $160M | +4.4% |
| Nov 6, 2025 | $0.02 | $0.05 | +150.0% | $152M | -8.1% |
| Aug 7, 2025 | $0.02 | $0.04 | +100.0% | $153M | +6.1% |
| May 8, 2025 | $-0.01 | $-0.00 | +93.7% | $125M | +4.6% |
| Feb 27, 2025 | $0.01 | $0.01 | +0.0% | $152M | +27.2% |
| Nov 7, 2024 | $-0.01 | $-0.01 | -25.0% | $140M | +0.5% |
| Aug 8, 2024 | $0.00 | $0.01 | +203.0% | $144M | +0.8% |
| May 9, 2024 | $0.00 | $0.01 | +338.6% | $119M | -16.1% |
| Feb 28, 2024 | $0.02 | $0.05 | +153.8% | $145M | +23.3% |
| Nov 2, 2023 | $0.02 | $0.03 | +30.4% | $142M | -4.5% |
| Aug 3, 2023 | $0.01 | $0.02 | +140.1% | $138M | +5.0% |
| May 4, 2023 | $0.00 | $0.01 | +223.6% | $120M | -9.8% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 7, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
Product: Strong momentum in core scrub work category, developing new franchises, Formex fabric gaining traction, FiberX fabrication to be spotlighted more. Brand: Continuing storytelling, connection, and impact with campaigns like Never Change, supporting events like Match Day and Nurses Week, launching Awesome Humans Foundation and Healthcare is Human Act. Market expansion: Strong international growth, go deep in key markets like France and Germany, go broad opening new markets, community hubs performing well with plans to open more. Teams: Making progress in building relationships, launching team store on e-commerce platform.
Guidance
Full year 2026 net revenues expected to grow 14%-16% vs prior 10%-12%. Q2 net revenue growth expected in low 20% range. Full year operating margin outlook raised to 7.8%-8%, adjusted EBITDA margin to 13%-13.2%, effective tax rate expected at ~20%.
Segment performance
Net revenues increased 28% year-over-year to $159.9 million. Active customers surpassed 3 million for the first time. Scrubware grew 27% representing 79% of net revenues. Non-scrub wear increased 31% representing 21% of net revenues. U.S. net revenues increased 24% to $131.6 million, while international net revenues increased 50% to $28.3 million.
Risks & headwinds
Tariffs, oil-related pressures, geopolitical factors impacting certain regions.
Analyst Q&A
Q: How did consumers behave from 4th quarter to 1st quarter and into 2Q?
A: Acceleration, executing at high level with product, marketing, and operational excellence.
Q: How much new customers in US were reactivated vs new?
A: Growth from both, accelerated growth in resurrected customers and improved retention.
Q: Impact of sourcing and oil on costs?
A: Navigated supply chain well, raw material costing locked in, freight impact on gross margin.
Q: Non-scrubware growth and Olympics product?
A: 31% growth not meaningfully impacted by Olympics product.
Q: Store expansion plans?
A: Opening 4 community hubs in back half of 2026, learning from recent openings.
Q: Sizing and fit progress?
A: Made progress on fit, core products to be in stock all year.
Q: Consumer response to gas prices?
A: Minor impact in APAC, overall resilient.
Q: Fabrication strategy?
A: Balance of core and limited edition products based on community feedback