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Sep 30, 2021

FIGS Q3 2021 Earnings Report

FIGS announced Q3 2021 financial results and raised full year net revenues outlook.

Key Takeaways

FIGS reported its Q3 2021 financial results, highlighted by an increased full-year net revenue outlook to $410 million, compared to the previous outlook of $395 million.

FIGS released its third quarter 2021 financial results.

The company posted a letter to shareholders on its investor relations website.

FIGS raised its 2021 full year net revenues outlook to $410 million.

A conference call and webcast were hosted to discuss the results and business outlook.

Total Revenue
$103M
Previous year: $76.8M
+33.7%
EPS
$0.05
Previous year: $0.13
-61.5%
Gross Profit
$74.7M
Previous year: $56.6M
+31.9%
Cash and Equivalents
$181M
Previous year: $58.1M
+210.7%
Free Cash Flow
$18.8M
Total Assets
$285M

FIGS

FIGS

Forward Guidance

FIGS raised its 2021 full year net revenues outlook.