7/104 sources · 2 publishersUpdated Nov 7, 17:53 UTC
FIGS reports Q3 earnings beat and raises full‑year 2026 outlook
FIGS posted third‑quarter revenue of $190.7 million, up 25.7% year over year, and GAAP earnings of $0.10 per share, beating analyst estimates. Gross margin slipped to 69.3% while adjusted EBITDA margin improved to 16.5%. The company lifted its full‑year 2026 revenue growth forecast to about 23.5% and raised its margin guidance.
Why it matters
The higher full‑year revenue growth outlook and improved margins suggest stronger profitability, which may support the stock price (FIGS said it expects the outlook to drive earnings growth). The company also repurchased roughly $14 million of shares, returning capital to shareholders.
Key facts
- 1Q3 revenue was $190.7 million. finance.yahoo.com
- 2GAAP EPS was $0.10 per share. seekingalpha.com
- 3Gross margin was 69.3%, down 60 basis points. finance.yahoo.com
- 4Adjusted EBITDA margin rose to 16.5%. finance.yahoo.com
- 5Inventory fell 20% year over year to $121.3 million. finance.yahoo.com
- 6Full‑year 2026 revenue growth forecast was raised to approximately 23.5%. finance.yahoo.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.