Short answer
FIGS, Inc. (FIGS) filed its Q2 2026 10-Q quarterly report on Aug 6, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $197M (up 28.8% year over year) with net income of $28M.
Q2 2026 key financials · XBRL
- Revenue
- $197M
- +28.8% YoY · +23.0% QoQ
- Net income
- $28M
- +299.8% YoY · +351.3% QoQ
- Operating margin
- 17.9%
- Gross margin
- 75.2%
- EPS (diluted)
- $0.15
- +275.0% YoY · +400.0% QoQ
Source: XBRL data from the FIGS, Inc. (FIGS) Q2 2026 10-Q on SEC EDGAR. USD.
FIGS, Inc. Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
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
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other FIGS, Inc. quarterly reports
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