FIGS at a glance
FIGS, Inc. (FIGS, SEC CIK 1846576) filed its latest 10-K annual report on February 26, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on August 6, 2026 and Form 4 insider filings as recently as October 5, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), FIGS, Inc. (FIGS) reported revenue of $631.1 million (up 13.6% from FY2024) and net income of $34.3 million. Diluted EPS was $0.19.
- As of June 30, 2026, 31 institutional investment managers tracked by SignalX reported holding FIGS, Inc. (FIGS) shares worth $426.8 million in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $631.1M
- +13.6% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 31 funds
- $426.8M · −1 vs prior quarter
- Latest 8-K
- Aug 6, 2026
- Item 2.02 · Item 7.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: digitally native DTC healthcare apparel and lifestyle brand serving healthcare professionals with premium, technically advanced scrubs and complementary products
- New in 2025: launched FIGS Awesome Humans Foundation, a 501(c)(3) charity supporting healthcare professionals in crisis, scholarships, and nonprofits
- Strategic focus: expanded community engagement with 2.9M active customers and 5 physical Community Hubs enhancing brand loyalty and in-person experiences
- Quantitative highlight: Core scrubwear (17 styles, 10 colors) comprised >60% net revenues in 2025; return rate ~10% vs industry 30-40%
- Noteworthy fact: Donated $700,000 in 2025 through Threads for Threads and impact initiatives; extensive advocacy platform influencing policy in Washington, D.C.
Risk Factors
- Regulatory risk: U.S. tariff policy changes increased product costs, negatively impacting gross margin by ~120 bps in 2025
- Macroeconomic risk: Sustained inflation pressures reduced consumer spending frequency, contributing to softer sales trends in 2025
- Supply chain risk: Elevated inventory levels during ocean transit volatility led to inventory write-offs, increasing cost of goods sold by 17.4% in 2025
- Competitive risk: Reliance on differentiated core scrubwear fabric technology FIONx heightens exposure if competitors develop superior medical apparel materials
- Financial risk: Credit facility extended to 2030 with $100M limit; no borrowings except $8.4M letters of credit, maintaining $91.6M borrowing availability as of Dec 2025
Management Discussion & Analysis
- Marketing and operational expenses expected to rise, possibly outpacing revenue growth, threatening profitability
- No specific segment performance highlighted; emphasis on challenges in US and international expansion
- Forward-looking risks: growth sustainability, competition, managing expansion, brand reputation, international market complexities, and shipping disruptions
AI summary of the FIGS 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Revenue $196.6M, up 28.8% YoY from $152.6M, driven by higher orders and AOV
- Gross margin 75.2% vs 67.0% YoY; net income margin 14.4% vs 4.7%
- Active customers 3.1M vs 2.7M; AOV $127 vs $117
- Operating cash flow $43.7M vs $(3.2)M; free cash flow $38.6M vs $(5.6)M
- WRO affecting one-third of production expected to pressure revenue, gross margin and inventory in second half 2026
Risk Factors
- No material-change comparison disclosed in provided excerpt
- Growth risk: Historical growth may not continue amid slower demand, increased competition, or shrinking market
- Regulatory risk: Ambassador promotions may trigger FTC enforcement for undisclosed financial relationships
- Operational risk: Third-party shipping disruptions could delay inventory receipts, orders, and customer deliveries
- Financial risk: Currency fluctuations and currency controls may restrict international conversion into U.S. dollars
AI summary of the FIGS 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Item 2.02 section contains only the filing signature
- No earnings figures or operating results available in the provided text
Item 7.01: Regulation FD Disclosure
- Board increased share repurchase authorization by $100.0M to $200.0M, signaling capital-return commitment
- Repurchased 12,453,520 Class A shares for approximately $80.8M through June 30, 2026
Item 5.07: Submission of Matters to a Vote of Security Holders
- 2026 annual meeting achieved 93.29% voting participation, supporting strong shareholder engagement
- Heather Hasson, Kenneth Lin, and Melanie Whelan elected as Class II directors through 2029
Item 2.02: Results of Operations and Financial Condition
- Filing contains only signature certification, not operating results or earnings data
- CFO Sarah Oughtred signed the report on May 7, 2026
Item 7.01: Regulation FD Disclosure
- FIGS posted a financial highlights presentation on May 7, 2026, providing investors quarterly performance information
- Presentation available through FIGS Investor Relations at ir.wearfigs.com/financials/quarterly-results
AI summaries of FIGS 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for FIGS
Don't miss the next FIGS filing
- Alerts as it files. A push when FIGS files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut FIGS, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Spear Catherine Eva | F | Oct 1, 2026 | 61,554 | $14.08 |
| Oughtred Sarah | F | Oct 1, 2026 | 22,196 | $14.08 |
| Hasson Heather L. | F | Oct 1, 2026 | 6,812 | $14.08 |
| Hasson Heather L. | F | Aug 5, 2026 | 30,142 | $10.92 |
| Oughtred Sarah | F | Aug 5, 2026 | 21,962 | $10.92 |
| Spear Catherine Eva | F | Jul 1, 2026 | 61,556 | $10.05 |
| Hasson Heather L. | F | Jul 1, 2026 | 6,813 | $10.05 |
| Oughtred Sarah | F | Jul 1, 2026 | 22,197 | $10.05 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $555.6M | $631.1M |
| Gross Profit | - | $375.6M | $419.8M |
| Operating Income | - | $2.3M | $38.1M |
| Net Income | - | $2.7M | $34.3M |
| Gross Margin | - | 67.6% | 66.5% |
| Op. Margin | - | 0.4% | 6.0% |
| Net Margin | - | 0.5% | 5.4% |
| Balance Sheet | |||
| Total Assets | $473.2M | $509.8M | $580.0M |
| Equity | - | $377.1M | $437.5M |
| ROE | - | 0.7% | 7.8% |
| Per Share | |||
| EPS | - | $0.02 | $0.19 |
| Cash Flow | |||
| Operating CF | - | $81.2M | $61.2M |
| CapEx | $16.3M | $17.0M | $8.2M |
Source: XBRL data in FIGS, Inc. (FIGS)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate FIGS share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 31 | $426.8M |
| Q1 2026 | 32 | $616.9M |
| Q4 2025 | 25 | $471.9M |
| Q3 2025 | 27 | $322.4M |
| Q2 2025 | 26 | $267.9M |
| Q1 2025 | 20 | $192.3M |
| Q4 2024 | 16 | $265.2M |
| Q3 2024 | 14 | $163.8M |
- Goldman Sachs Group+1.33M (+56%)
- BlackRock+704.2K (+9%)
- Citadel Advisors LLC+565.0K (+46%)
- Vanguard Portfolio Management LLC+298.6K (+7%)
- FMR LLC (Fidelity)+247.3K (+59%)
- Ameriprise Financial−2.04M (-52%)
- D.E. Shaw & Co−638.7K (-61%)
- Bridgewater Associates LP−474.6K (-91%)
- Bank of America Corp−410.9K (-52%)
- Two Sigma Investments−410.6K (-14%)
- Blackstone Group−21.1K
Source: 13F-HR filings on SEC EDGAR (aggregated from 191 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
FIGS filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Aug 7, 2026 | - | - | - |
| 4 | Aug 7, 2026 | - | - | - |
| 8-K | Aug 6, 2026 | - | Analysis | - |
| 10-Q | Aug 6, 2026 | Jun 30, 2026 | Analysis | |
| SC 13G | Jul 28, 2026 | - | - | |
| 4 | Jul 6, 2026 | - | - | - |
| 4 | Jul 6, 2026 | - | - | - |
| 4 | Jul 6, 2026 | - | - | - |
| 8-K | Jun 8, 2026 | - | Analysis | |
| 4 | Jun 3, 2026 | - | - | |
| 4 | Jun 3, 2026 | - | - | |
| 4 | Jun 3, 2026 | - | - | |
| 4 | Jun 3, 2026 | - | - | |
| 4 | Jun 3, 2026 | - | - | |
| 4 | Jun 3, 2026 | - | - | |
| 4 | Jun 3, 2026 | - | - | |
| 4 | May 14, 2026 | - | - | |
| 8-K | May 7, 2026 | - | Analysis | |
| 10-Q | May 7, 2026 | Mar 31, 2026 | Analysis | |
| 4 | May 6, 2026 | - | - | |
| 4 | May 6, 2026 | - | - | |
| 4 | Apr 6, 2026 | - | - | - |
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FIGS SEC filings: frequently asked questions
Which institutions hold FIGS stock?
As of June 30, 2026, the largest FIGS, Inc. (FIGS) holders among the 13F filers tracked by SignalX were BlackRock ($87.4 million), Vanguard Capital Management LLC ($47.8 million), Vanguard Portfolio Management LLC ($44.9 million), Goldman Sachs Group ($37.7 million), Dimensional Fund Advisors ($36.5 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was FIGS's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), FIGS, Inc. (FIGS) reported revenue of $631.1 million (up 13.6% from FY2024) and net income of $34.3 million. Diluted EPS was $0.19. The figures come from the XBRL data in the 10-K.
What are the main risks in FIGS's latest 10-K?
In the 10-K filed February 26, 2026, FIGS, Inc. (FIGS) flagged: Regulatory risk: U.S. tariff policy changes increased product costs, negatively impacting gross margin by ~120 bps in 2025. Macroeconomic risk: Sustained inflation pressures reduced consumer spending frequency, contributing to softer sales trends in 2025. (AI summary of the Risk Factors section.)
What did FIGS report in its latest 8-K?
FIGS, Inc. (FIGS) filed an 8-K on August 6, 2026 reporting Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure). Item 2.02 section contains only the filing signature.
What are the latest FIGS SEC filings?
FIGS, Inc. (FIGS) filed its latest 10-K annual report on February 26, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on August 6, 2026 and a Form 4 insider filing on October 5, 2026.
What is FIGS's SEC CIK number?
FIGS, Inc. (FIGS)'s SEC Central Index Key (CIK) is 1846576. EDGAR lists every FIGS filing under that number.
Ask anything about FIGS
The research agent reads FIGS's filings, financials, insider trades and 13F holders, then answers with sources.