Earnings ·
FIGS reports $196.6M Q2 revenue, up 28.8%, raises full-year adjusted EBITDA margin outlook to 14.8%-15.0%
FIGSFIGS, Inc.
FIGS, Inc. reported second quarter 2026 financial results for the period ended June 30, 2026, announcing net revenues of $196.6 million, a 28.8% year-over-year increase driven by higher order volume and average order value. The company achieved diluted earnings per share of $0.15 on net income of $28.4 million, with an adjusted EBITDA margin expanding to 18.6%. Concurrently, the Board authorized a $100.0 million increase to its existing share repurchase program, raising total authorization to $200.0 million and leaving approximately $119.2 million available for future buybacks as of August 6, 2026. The company also raised its full-year 2026 adjusted EBITDA margin outlook to 14.8%–15.0%. FIGS operates in the healthcare apparel industry, designing and selling direct-to-consumer scrubs and lifestyle products for medical professionals.