Earnings Releases·Nov 5, 2026, 4:08 PM ET

FIGS — Third Quarter 2026 Earnings Summary

Net revenues reached $190.7 million, up 25.7% year over year, while net income doubled to $19.3 million ($0.10 diluted EPS) and adjusted EBITDA margin expanded to 16.5% from 12.4%.
Full-year 2026 net revenue growth guidance was raised to approximately 23.5% (from prior expectations), with Q4 growth projected at 15% and full-year adjusted EBITDA margin outlook set at 15.8%.
Free cash flow for the nine months ended September 30, 2026, turned positive at $89.8 million compared to a negative $5.1 million in the prior year period, supported by $330 million in cash and short-term investments.
Management executed an expanded share repurchase program, returning $46.6 million in value over the nine-month period, and reported record net revenues per active customer of $236.