FIGS, Inc. Class A (FIGS)

FIGS, Inc. reported strong financial results in the past six months. On November 6, 2025, the company released its third-quarter 2025 financial results, exceeding market revenue expectations, which led to a stock jump. On February 26, 2026, FIGS released its fourth-quarter and full-year 2025 financial results, reporting record net revenues. Other notable events include the introduction of the FIGS-developed "Healthcare is Human Act" in Congress and participation in the Raymond James 47th Annual Institutional Investors Conference. As of April 9, 2026, the share price was $14.48, representing a significant increase from April 10, 2025.

While specific statements about demand seasonality for FIGS, Inc. products are not readily available, the company has acknowledged and addressed "seasonality shifts" in its operations. The company consistently introduces new styles, including seasonal collections, and leverages curated drop calendars to influence demand. Strong fourth-quarter revenue could imply a stronger demand period towards the end of the year.

FIGS, Inc. is a direct-to-consumer healthcare apparel and lifestyle brand that designs and sells medical scrubs and related products. The company operates in the Consumer Cyclical sector, specifically in the Apparel Manufacturing or Textiles & Apparel industry. Its major products include scrubwear and non-scrubwear items, sold primarily through its DTC digital platform and B2B segment, TEAMS, as well as physical retail stores.

FIGS, Inc. generates most of its revenue from the United States but has a growing international presence, shipping to countries including Canada, the United Kingdom, Australia, and Europe. The company is expanding its global footprint and establishing "Community Hubs" in major U.S. cities.

FIGS has maintained a strong brand reputation in the medical apparel industry, recognized for its modern fit, sleek styles, and premium fabrics. FIGS was listed on Forbes' "Best Brands For Social Impact (2025)." Some healthcare professionals seek alternatives due to the high price tag, limited sizing, or specific fit of FIGS scrubs.

Institutional investors largely dominate the ownership structure of FIGS, Inc., collectively owning 92.51% of the company's shares as of March 2025. Company insiders, including co-founders Heather Hasson and Trina Spear, hold a substantial stake. FIGS employs a dual-class share structure, concentrating control with the founders and certain affiliates.