Loading...
•
Sep 30, 2025
FIGS Q3 2025 Earnings Report
FIGS exceeded expectations on both top and bottom lines, achieving its strongest quarterly revenue growth in two years.
Key Takeaways
FIGS reported a strong third quarter in 2025, with net revenues growing 8.2% to $151.661 million, exceeding internal expectations and marking the strongest quarterly growth in two years. The company achieved a net income margin of 5.8% and an adjusted EBITDA margin of 12.4%, demonstrating improved profitability. This performance led to an increase in the full-year 2025 outlook for both net revenues and adjusted EBITDA margin.
Net revenues increased by 8.2% to $151.661 million, the strongest quarterly growth rate in two years.
Net income reached $8.746 million, resulting in a net income margin of 5.8%.
Adjusted EBITDA was $18.851 million, with an adjusted EBITDA margin of 12.4%.
The company raised its full-year 2025 financial outlook, expecting approximately 7.0% net revenue growth and an adjusted EBITDA margin of ~10.3%.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
FIGS is increasing its full-year 2025 financial outlook, anticipating approximately 7.0% net revenue growth and an adjusted EBITDA margin of around 10.3%. This revised outlook reflects strong year-to-date performance, improved consistency, and growing confidence in the fourth quarter, despite tariff headwinds.
Positive Outlook
- Increasing full year 2025 outlook for net revenues.
- Net revenues expected to grow approximately 7.0% year-over-year.
- Adjusted EBITDA Margin expected to be ~10.3%, above the high end of the original outlook.
- Strong execution against plan and improved consistency across the business.
- Improving profitability and ample balance sheet flexibility position the company for sustainable growth.
Challenges Ahead
- Tariff headwinds are noted as a challenge.
- No specific negative financial guidance provided beyond the tariff mention.
- The guidance is an approximation, indicating potential for slight variations.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...