FIGS, Inc. (FIGS) Latest Filing Signal

Based on earningsVibe SuperAnalyst™ synthesis of the latest 10-K, FIGS, Inc.'s filing signal turned positive.

FIGS, Inc. is a founder-led, direct-to-consumer healthcare apparel and lifestyle brand that designs and sells technically advanced apparel and products for healthcare professionals. The company aims to empower and serve this community, known as 'Awesome Humans,' by offering comfortable, durable, functional, and stylish items at an affordable price. FIGS has revolutionized the healthcare apparel market by elevating scrubs and creating a lifestyle brand, primarily through its digital platform (website and mobile app) and B2B TEAMS business, complemented by physical retail 'Community Hubs.' With approximately 2.9 million active customers as of December 31, 2025, FIGS focuses on community engagement, product innovation, and a data-driven direct-to-consumer strategy to maintain its category-defining position.

Net revenues are primarily driven by the number of active customers, the frequency of customer purchases, and the average order value. The company's product offerings include core scrubwear styles, which represented over 60% of net revenues in 2025, and a range of non-scrubwear items.