FIGS (FIGS)


Market Price (10/13/2026): $17.8 | Market Cap: $3.0 BilSector: Consumer Discretionary | Industry: Apparel, Accessories & Luxury Goods

FIGS (FIGS)


Market Price (10/13/2026): $17.8
Market Cap: $3.0 Bil
Sector: Consumer Discretionary
Industry: Apparel, Accessories & Luxury Goods

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 25%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 14%

Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, Experience Economy & Premiumization, and Advanced Materials. Themes include Direct-to-Consumer Brands, Show more.

Expensive valuation multiples
P/SPrice/Sales ratio is 3.7x, P/EBITPrice/EBIT or Price/(Operating Income) ratio is 39x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 24x, P/EPrice/Earnings or Price/(Net Income) is 42x

Stock price has recently run up significantly
12M Rtn12 month market price return is 129%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.0%

Key risks
FIGS key risks include [1] gross margin pressure from tariffs and rising operational costs related to its fulfillment center transition, Show more.

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 25%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 14%
2 Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, Experience Economy & Premiumization, and Advanced Materials. Themes include Direct-to-Consumer Brands, Show more.
3 Expensive valuation multiples
P/SPrice/Sales ratio is 3.7x, P/EBITPrice/EBIT or Price/(Operating Income) ratio is 39x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 24x, P/EPrice/Earnings or Price/(Net Income) is 42x
4 Stock price has recently run up significantly
12M Rtn12 month market price return is 129%
5 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.0%
6 Key risks
FIGS key risks include [1] gross margin pressure from tariffs and rising operational costs related to its fulfillment center transition, Show more.

FIGS in ETFs

Weight = FIGS's share of each fund

VTI0.00%
ITOT0.00%
IWM0.05%
VB0.02%
IWO0.10%
SCHA0.06%
DFAS0.06%
VTWO0.05%
+5 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 10/12/2026

FIGS (FIGS) stock has gained about 75% since 6/30/2026 because of the following key factors:

1. Strong Fiscal Q2 2026 Financial Performance and Raised Full-Year Guidance.

FIGS reported robust results for fiscal Q2 2026 (ended June 30, 2026) on August 6, 2026. The company posted diluted earnings per share (EPS) of $0.15, significantly surpassing the consensus estimate of $0.07, representing a 114.29% beat. Net revenues reached $196.6 million, an increase of 28.8% year-over-year, exceeding analysts' expectations of $186.17 million. This strong performance was coupled with an increase in full-year 2026 revenue growth guidance to approximately 20% (up from 14%-16%) and an adjusted EBITDA margin guidance increase to 14.8%-15%, boosting investor confidence.

2. Sustained Customer Growth and Enhanced Engagement Metrics.

The company demonstrated continued strength in its customer base and engagement during fiscal Q2 2026. Active customers grew by 13.2% year-over-year to 3.1 million as of June 30, 2026. Net revenues per active customer reached an all-time high of $229, reflecting a 10.1% increase year-over-year. Furthermore, the average order value (AOV) increased by 8.5% year-over-year to $127, primarily driven by higher average unit retail and a favorable product mix. International net revenues also saw significant growth, surging 67.0% year-over-year.

Show more
Updated on 10/12/2026

FIGS (FIGS) stock has gained about 75% since 6/30/2026 because of the following key factors:

1. Strong Fiscal Q2 2026 Financial Performance and Raised Full-Year Guidance.

FIGS reported robust results for fiscal Q2 2026 (ended June 30, 2026) on August 6, 2026. The company posted diluted earnings per share (EPS) of $0.15, significantly surpassing the consensus estimate of $0.07, representing a 114.29% beat. Net revenues reached $196.6 million, an increase of 28.8% year-over-year, exceeding analysts' expectations of $186.17 million. This strong performance was coupled with an increase in full-year 2026 revenue growth guidance to approximately 20% (up from 14%-16%) and an adjusted EBITDA margin guidance increase to 14.8%-15%, boosting investor confidence.

2. Sustained Customer Growth and Enhanced Engagement Metrics.

The company demonstrated continued strength in its customer base and engagement during fiscal Q2 2026. Active customers grew by 13.2% year-over-year to 3.1 million as of June 30, 2026. Net revenues per active customer reached an all-time high of $229, reflecting a 10.1% increase year-over-year. Furthermore, the average order value (AOV) increased by 8.5% year-over-year to $127, primarily driven by higher average unit retail and a favorable product mix. International net revenues also saw significant growth, surging 67.0% year-over-year.

3. Positive Analyst Sentiment and Upgraded Price Targets.

Analyst ratings and price targets have remained largely positive, contributing to the stock's upward momentum. As of October 2026, the consensus rating for FIGS among Wall Street analysts is a "Moderate Buy," with an average price target near $18.71. Notably, Wall Street Zen upgraded FIGS to a "strong-buy" from a "buy" rating on October 10, 2026. Additionally, KeyCorp raised its price target for FIGS from $19.00 to $20.00 on August 7, 2026. These favorable revisions and strong ratings signal sustained analyst confidence in the company's future performance.

4. Favorable Technical Indicators and Market Momentum.

The stock's technical performance has indicated a clear upward trend since the end of fiscal Q2 2026. FIGS moved above its 50-day moving average on September 25, 2026, which is typically seen as a bullish signal indicating a shift from a downward to an upward trend. This was followed by the 10-day moving average crossing bullishly above the 50-day moving average on October 7, 2026, further reinforcing the positive momentum. The stock has shown substantial gains, climbing approximately 33% over the last 30 days, as of October 12, 2026.

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Stock Movement Drivers

Fundamental Drivers

The 73.4% change in FIGS stock from 6/30/2026 to 10/12/2026 was primarily driven by a 42.9% change in the company's Net Income Margin (%).
(LTM values as of)630202610122026Change
Stock Price ($)10.2317.7473.4%
Change Contribution By: 
Total Revenues ($ Mil)6667106.6%
Net Income Margin (%)6.1%8.7%42.9%
P/E Multiple41.947.713.8%
Shares Outstanding (Mil)1661660.0%
Cumulative Contribution73.4%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2026 to 10/12/2026
ReturnCorrelation
FIGS73.4% 
Market (SPY)4.2%19.7%
Sector (XLY)-4.3%40.8%

Fundamental Drivers

The 20.1% change in FIGS stock from 3/31/2026 to 10/12/2026 was primarily driven by a 60.7% change in the company's Net Income Margin (%).
(LTM values as of)331202610122026Change
Stock Price ($)14.7717.7420.1%
Change Contribution By: 
Total Revenues ($ Mil)63171012.5%
Net Income Margin (%)5.4%8.7%60.7%
P/E Multiple71.247.7-33.0%
Shares Outstanding (Mil)165166-0.9%
Cumulative Contribution20.1%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2026 to 10/12/2026
ReturnCorrelation
FIGS20.1% 
Market (SPY)20.0%9.9%
Sector (XLY)3.2%29.7%

Fundamental Drivers

The 165.2% change in FIGS stock from 9/30/2025 to 10/12/2026 was primarily driven by a 591.6% change in the company's Net Income Margin (%).
(LTM values as of)930202510122026Change
Stock Price ($)6.6917.74165.2%
Change Contribution By: 
Total Revenues ($ Mil)57071024.7%
Net Income Margin (%)1.3%8.7%591.6%
P/E Multiple151.547.7-68.5%
Shares Outstanding (Mil)163166-2.3%
Cumulative Contribution165.2%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 10/12/2026
ReturnCorrelation
FIGS165.2% 
Market (SPY)17.8%14.9%
Sector (XLY)-5.7%26.7%

Fundamental Drivers

The 200.7% change in FIGS stock from 9/30/2023 to 10/12/2026 was primarily driven by a 233.0% change in the company's Net Income Margin (%).
(LTM values as of)930202310122026Change
Stock Price ($)5.9017.74200.7%
Change Contribution By: 
Total Revenues ($ Mil)53271033.5%
Net Income Margin (%)2.6%8.7%233.0%
P/E Multiple70.947.7-32.8%
Shares Outstanding (Mil)1671660.6%
Cumulative Contribution200.7%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2023 to 10/12/2026
ReturnCorrelation
FIGS200.7% 
Market (SPY)88.3%24.1%
Sector (XLY)42.7%30.4%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
FIGS Return-8%-76%3%-11%84%39%-47%
Peers Return-0%-16%22%23%-17%29%34%
S&P 500 Return27%-19%24%23%16%14%108%

Monthly Win Rates [3]
FIGS Win Rate38%42%50%50%67%50% 
Peers Win Rate50%45%58%62%43%68% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
FIGS Max Drawdown--79%-46%-37%-42%-46% 
Peers Max Drawdown-29%-36%-26%-24%-39%-18% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: SGC, LAKE, CTAS, UNF, ARMK.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 10/12/2026 (YTD)

How Low Can It Go

EventFIGSS&P 500
2025 US Tariff Shock
  % Loss-33.0%-18.8%
  % Gain to Breakeven49.2%23.1%
  Time to Breakeven77 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-26.3%-9.5%
  % Gain to Breakeven35.7%10.5%
  Time to Breakeven26 days24 days
2023 SVB Regional Banking Crisis
  % Loss-38.4%-6.7%
  % Gain to Breakeven62.4%7.1%
  Time to Breakeven970 days31 days

Compare to SGC, LAKE, CTAS, UNF, ARMK

In The Past

FIGS's stock fell -33.0% during the 2025 US Tariff Shock. Such a loss loss requires a 49.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventFIGSS&P 500
2025 US Tariff Shock
  % Loss-33.0%-18.8%
  % Gain to Breakeven49.2%23.1%
  Time to Breakeven77 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-26.3%-9.5%
  % Gain to Breakeven35.7%10.5%
  Time to Breakeven26 days24 days
2023 SVB Regional Banking Crisis
  % Loss-38.4%-6.7%
  % Gain to Breakeven62.4%7.1%
  Time to Breakeven970 days31 days

Compare to SGC, LAKE, CTAS, UNF, ARMK

In The Past

FIGS's stock fell -33.0% during the 2025 US Tariff Shock. Such a loss loss requires a 49.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About FIGS (FIGS)

FIGS, Inc. is a direct-to-consumer (DTC) lifestyle company specializing in healthcare apparel. It designs and sells premium medical wear and related accessories, primarily targeting healthcare professionals. Founded in 2013 and headquartered in Santa Monica, California, FIGS aims to elevate the experience of healthcare workers through high-quality, functional, and fashionable attire.

The company's core offerings include essential healthcare apparel such as scrubs, lab coats, and under scrubs. FIGS also diversifies its product line with a range of non-scrub items, including outerwear, activewear, loungewear, compression socks, footwear, and masks. Specific apparel offerings encompass sports bras, performance leggings, various tops made from materials like super-soft pima cotton, vests, and jackets.

FIGS exclusively markets and sells its products through its robust digital platform, which comprises both its official website and a dedicated mobile application. This direct-to-consumer model enables FIGS to efficiently reach its primary customer base—healthcare professionals across the United States—and foster a strong brand community.

AI Analysis | Feedback

Here are 1-3 brief analogies for FIGS:

  • Warby Parker for healthcare apparel.
  • Lululemon for healthcare professionals.

AI Analysis | Feedback

  • Healthcare Apparel (Scrubs): FIGS' primary offering, including scrubs, lab coats, and underscrubs, specifically designed for healthcare professionals.
  • Performance & Lifestyle Apparel: A range of clothing such as outerwear, activewear, loungewear, sports bras, leggings, tops, vests, and jackets for comfort and function.
  • Footwear: Shoes designed to complement healthcare and lifestyle needs.
  • Compression Socks: Specialized socks offering support and comfort, particularly beneficial for healthcare professionals.
  • Masks: Protective face coverings.

AI Analysis | Feedback

FIGS, Inc. primarily sells its products directly to individuals.

The company serves the following categories of customers:

  1. Healthcare Professionals: This is the core customer base, including doctors, nurses, surgeons, and other medical personnel who purchase FIGS' scrubs, lab coats, under scrubs, and other specialized healthcare apparel for their work.
  2. Students in Healthcare Fields: Individuals pursuing degrees and training in medicine, nursing, and other allied health professions who require scrubs and professional attire for their studies and clinical rotations.
  3. General Consumers seeking Premium Activewear and Loungewear: Beyond work attire, FIGS also targets individuals looking for high-quality, comfortable, and performance-oriented activewear, loungewear, and lifestyle apparel, such as sports bras, leggings, tops, and outerwear. This category may include healthcare professionals for their off-duty wear, as well as a broader audience attracted to the brand's style and comfort.

AI Analysis | Feedback

null

AI Analysis | Feedback

The management team members of FIGS, Inc. are as follows:

Trina Spear, Chief Executive Officer & Co-Founder

Trina Spear co-founded FIGS in 2013 and serves as its Chief Executive Officer and a member of the Board. Prior to co-founding FIGS, she was an associate at The Blackstone Group Inc. in the firm's hedge fund group. She began her career at Citigroup Global Markets Inc., spending four years in its investment banking and private equity divisions. Spear earned her MBA from Harvard Business School.

Sarah Oughtred, Chief Financial Officer

Sarah Oughtred has served as FIGS' Chief Financial Officer since August 2024. In this role, she leads all aspects of finance, including Financial Planning & Analysis (FP&A) and accounting, as well as data analytics. Before joining FIGS, Oughtred spent nearly 17 years at lululemon athletica inc., holding various finance leadership positions, including Senior Vice President, Financial Planning & Analysis since 2021. She also spent three years at PricewaterhouseCoopers in the audit and assurance practice.

Heather Hasson, Executive Chair & Co-Founder

Heather Hasson co-founded FIGS and serves as Executive Chair of the Board, focusing on strategy and innovation. She previously held the role of Co-Chief Executive Officer until August 2022. Hasson is recognized as a multi-disciplined entrepreneur with expertise in brand building, product innovation, and scaling consumer businesses. She and Trina Spear started FIGS in 2013, initially using personal savings and selling scrubs out of hospital parking lots.

Todd Maron, Chief Legal Officer

Todd Maron serves as the Chief Legal Officer at FIGS. Before joining FIGS, he held the position of Chief Legal Officer at Wheels. His prior experience also includes serving as General Counsel and Deputy General Counsel at Tesla. Maron's legal background includes working as an attorney at Jaffe and Clemens and as an associate at Irell & Manella, focusing on commercial litigation, intellectual property, and securities law.

AI Analysis | Feedback

Here are the key risks to FIGS' business:

  1. Intense Competition: FIGS operates in a highly competitive healthcare apparel market. The company faces significant competition from established legacy uniform suppliers, emerging fast-fashion brands, and other premium niche brands. While FIGS has successfully built a strong brand and customer loyalty in the direct-to-consumer (DTC) premium segment, its overall market share in the broader medical apparel market is still relatively small. Competitors are also increasingly investing in online presence and product differentiation, which could impact FIGS' ability to maintain or grow its market share and revenue.
  2. Profitability Concerns and High Valuation Risk: Despite its strong brand and loyal customer base, FIGS has acknowledged challenges in achieving consistent profitability. The company's stock has been noted for its high valuation, with a high price-to-earnings (P/E) ratio, which suggests that much of its expected growth may already be priced into the stock. This elevated valuation makes FIGS particularly sensitive to any disappointments in financial performance, such as weaker-than-expected active customer growth or pressured earnings, potentially leading to significant stock price volatility and downside risk for investors.
  3. Supply Chain Dependencies and Global Trade Uncertainties: FIGS relies on a limited number of third-party suppliers for the manufacturing of its materials and products. This dependency introduces supply chain risks, as disruptions with these key suppliers could adversely affect the company's production and ability to meet demand. Furthermore, FIGS is exposed to global trade and tariff uncertainties, which can lead to increased import costs and pressure on its margins.

AI Analysis | Feedback

  • Increased competition from established athletic and apparel brands entering the premium healthcare apparel market, leveraging their existing design capabilities, supply chains, and marketing power.
  • Rising customer acquisition costs and increasing saturation within the direct-to-consumer (DTC) e-commerce model, which is FIGS' sole sales channel.

AI Analysis | Feedback

FIGS, Inc. operates within the healthcare apparel and lifestyle market, primarily focusing on medical scrubs and other professional and athleisure wear for healthcare professionals.

The addressable markets for FIGS' main products and services are as follows:

  • Global Medical Apparel Market: The global medical clothing market size was valued at approximately USD 122.04 billion in 2025 and is predicted to increase to about USD 242.78 billion by 2035.
  • U.S. Medical Apparel Market: The U.S. medical clothing market was valued at USD 42.26 billion in 2022. This market is projected to reach USD 46.57 billion by 2026.
  • Global Medical Scrubs Market: The global medical scrubs market size is estimated at USD 54.27 billion in 2025 and is forecasted to reach USD 73.1 billion by 2030. Other estimates for the global medical scrubs market for 2024-2025 range from USD 49 billion to USD 90 billion, with projections of USD 88 billion to USD 124 billion by 2032.
  • U.S. Medical Scrubs Market: The U.S. medical scrub market is projected at USD 9.78 billion in 2025, representing approximately 18.0% of the global scrubs market share. This market is expected to grow to USD 13.4 billion by 2030.
  • Global Athleisure Market: For FIGS' non-scrub offerings such as activewear, loungewear, sports bras, and performance leggings, the global athleisure market size was valued at USD 368.61 billion in 2025 and is projected to grow to USD 844.77 billion by 2034.
  • U.S. Athleisure Market: The U.S. athleisure market is projected to reach USD 128.78 billion by 2026.

AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for FIGS over the next 2-3 years:

  1. International Expansion: FIGS is actively pursuing a "go deep and go broad" strategy for market development, focusing on expanding its global footprint. The company has reported significant revenue growth in overseas markets and plans to increase its geographic reach from 58 countries to over 80 countries in fiscal year 2026, including new market entries in regions like China, Japan, South Korea, and Latin America. This international push is supported by localized digital marketing and regional distribution centers.
  2. Product Innovation and Diversification: FIGS is committed to expanding and elevating its product offerings beyond traditional scrubs. This includes enhancing its core product line through proprietary fabric technology (such as the FORMx technical fabric franchise), introducing new silhouettes, broadening underscrub assortments, and launching new collections like the Shift Bag. Additionally, the company is pursuing strategic partnerships, such as a deeper collaboration with New Balance on specialty footwear tailored for healthcare professionals.
  3. Growth in Active Customers and Average Order Value (AOV): FIGS anticipates continued revenue growth through the sustained momentum of its active customer base and an increase in average order value. The company has reported a rise in active customers and AOV, driven by strong demand for its core products and effective marketing campaigns. Management expects active customer acquisition and engagement to be a significant factor in its 2026 growth.
  4. Expansion of Institutional Sales through the TEAMS Platform: The TEAMS platform, which is FIGS's business-to-business (B2B) offering, is transitioning from a pilot program to a core revenue driver. This platform enables hospitals and private practices to standardize uniforms and branding through a streamlined portal, leading to increased average order values and higher repeat purchase rates from institutional buyers.

AI Analysis | Feedback

Share Repurchases

  • FIGS authorized a share repurchase program for up to $50 million of its Class A common stock, repurchasing approximately $45.4 million of shares.
  • The board subsequently increased the authorization by $50 million, bringing the total share repurchase program to $100 million as of February 27, 2025.
  • In 2024, annual share buybacks totaled $45.454 million, and in 2025, they were $2.688 million.

Share Issuance

  • FIGS's shares outstanding have seen minor increases over the last few years, with 159.09 million in 2022, 161.12 million in 2023, 161.53 million in 2024, 163.81 million in 2025, and 164.50 million as of March 3, 2026.
  • Insider transactions involve the sale of Class A common stock, frequently to cover taxes and fees associated with the vesting and settlement of Restricted Stock Units (RSUs).

Capital Expenditures

  • Capital expenditures were -$8.17 million over the last 12 months.
  • In the most recent quarter (Q4 2025), capital expenditures amounted to $2.9 million.
  • The company completed a fulfillment enhancement project, transitioning all operations to a new facility in Goodyear, Arizona, aimed at optimizing customer service and supporting long-term scalability.

Better Bets vs. FIGS (FIGS)

Peer Outperformance in Apparel, Accessories & Luxury Goods

FIGS has trailed 54% of its 28 Apparel, Accessories & Luxury Goods peers over 5Y. Among the peers that beat it is RL. Apparel, Accessories & Luxury Goods ranks 20th of 23 industries in Consumer Discretionary by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Apparel, Accessories & Luxury Goods constituents that FIGS has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
96%
of 28 industry peers · 157.1% return
3Y
82%
of 28 industry peers · 184.3% return
5Y
46%
of 28 industry peers · -51.8% return
Apparel, Accessories & Luxury Goods peers with revenue growth within 4pp of FIGS's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
Ticker Name Rev Growth 3Y Avg P/E 1Y3Y5Y 5Y Gap
FIGS FIGS 10.5% 47.7x 157.1%184.3%-51.8% —
RL Ralph Lauren 9.1% 22.8x 21.9%255.4%257.6% +309pp
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Consumer Discretionary sector, ranked by 5Y. Apparel, Accessories & Luxury Goods is FIGS's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top null by 5Y
Education Services 14 -16.3%86.3%88.7% CVSA 267% · PRDO 235% · LRN 145%
Homebuilding 18 -4.8%31.7%44.8% GRBK 189% · TOL 144% · PHM 143%
Specialty Stores 7 10.9%37.6%18.7% ASO 42% · DKS 35% · FIVE 19%
Hotels, Resorts & Cruise Lines 21 10.5%37.4%10.6% RCL 227% · MAR 145% · LIND 137%
Home Furnishings 3 -4.6%44.6%-0.9% SGI 47% · MHK -35%
Home Improvement Retail 5 -20.5%0.7%-2.6% HD -2% · LOW -3% · FND -63%
Footwear 9 75.0%49.7%-10.1% DECK 49% · SHOO 20% · CROX -10%
Automotive Retail 18 -13.0%4.7%-10.7% MUSA 233% · PAG 115% · ORLY 113%
Specialized Consumer Services 10 -13.5%14.0%-15.4% HRB 110% · FTDR 84% · SCI 37%
Distributors 4 -8.2%-27.1%-16.1% ARMK 117% · GPC 20% · LKQ -52%
Restaurants 36 -9.4%-6.5%-17.8% EAT 291% · CAKE 169% · TXRH 90%
Computer & Electronics Retail 3 16.9%44.9%-38.1% BBY 1% · GME -38%
Apparel Retail 26 11.6%20.1%-39.6% ANF 277% · TJX 142% · ROST 125%
Household Appliances 18 4.0%1.7%-39.7%
Automotive Parts & Equipment 38 -5.8%-13.2%-40.8% MOD 1328% · GTX 262% · BWA 55%
Leisure Facilities 12 7.4%-7.5%-41.3% LTH 134% · OSW 125% · PLNT -40%
Broadline Retail 13 8.1%32.5%-41.6% EBAY 68% · AMZN 60% · OLLI 42%
Leisure Products 13 -21.0%-20.9%-42.3% GOLF 83% · HAS 32% · MAT -12%
Casinos & Gaming 20 -8.6%-23.4%-49.7% MCRI 92% · RRR 12% · BYD 9%
Apparel, Accessories & Luxury Goods ← 29 4.4%17.9%-49.9% RL 258% · TPR 247% · KTB 61%
Consumer Electronics 11 -23.1%-21.5%-74.9% GRMN 92% · SONO -44%
Other Specialty Retail 17 -33.6%-37.3%-77.5% ULTA 47% · TSCO -5% · BBWI -69%
Automobile Manufacturers 8 -74.6%-54.8%-78.8% GM 46% · TSLA 41% · F 5%
Median of constituents with a full price history over each window. Top names are limited to companies above $2B market cap.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

FIGSSGCLAKECTASUNFARMKMedian
NameFIGS Superior.Lakeland.Cintas UniFirst Aramark  
Mkt Price17.8013.279.82205.27262.4654.7536.27
Mkt Cap3.00.2-82.14.714.44.7
Rev LTM710574-11,5612,49319,8452,493
Op Inc LTM6817-2,730144871144
FCF LTM9731-2,0338843397
FCF 3Y Avg7233-1,844112311112
CFO LTM10834-2,434240911240
CFO 3Y Avg8737-2,249268770268

Growth & Margins

FIGSSGCLAKECTASUNFARMKMedian
NameFIGS Superior.Lakeland.Cintas UniFirst Aramark  
Rev Chg LTM24.7%-0.4%-9.5%1.4%11.0%9.5%
Rev Chg 3Y Avg10.5%1.6%-8.7%4.6%13.7%8.7%
Rev Chg Q28.8%2.6%-10.9%3.9%9.3%9.3%
QoQ Delta Rev Chg LTM6.6%0.7%-2.6%1.0%2.2%2.2%
Op Inc Chg LTM583.6%7.8%-13.0%-23.8%9.8%9.8%
Op Inc Chg 3Y Avg176.4%10.9%-13.6%5.6%33.6%13.6%
Op Mgn LTM9.6%2.9%-23.6%5.8%4.4%5.8%
Op Mgn 3Y Avg5.4%3.1%-22.8%6.8%4.3%5.4%
QoQ Delta Op Mgn LTM3.2%0.3%-0.3%-1.1%0.1%0.3%
CFO/Rev LTM15.2%6.0%-21.1%9.6%4.6%9.6%
CFO/Rev 3Y Avg14.2%6.6%-21.2%11.0%4.2%11.0%
FCF/Rev LTM13.7%5.5%-17.6%3.5%2.2%5.5%
FCF/Rev 3Y Avg11.6%5.9%-17.4%4.6%1.7%5.9%

Valuation

FIGSSGCLAKECTASUNFARMKMedian
NameFIGS Superior.Lakeland.Cintas UniFirst Aramark  
Mkt Cap3.00.2-82.14.714.44.7
P/S4.20.3-7.11.90.71.9
P/Op Inc43.511.5-30.133.016.630.1
P/EBIT43.513.6-30.433.016.530.4
P/E47.923.3-39.941.037.739.9
P/CFO27.45.6-33.719.815.819.8
Total Yield2.1%8.9%-3.4%3.0%3.5%3.4%
Dividend Yield0.0%4.6%-0.9%0.5%0.8%0.8%
FCF Yield 3Y Avg4.9%14.6%-2.3%3.1%2.7%3.1%
D/E0.00.5-0.00.00.40.0
Net D/E-0.10.4-0.0-0.00.40.0

Returns

FIGSSGCLAKECTASUNFARMKMedian
NameFIGS Superior.Lakeland.Cintas UniFirst Aramark  
1M Rtn33.3%5.9%-2.5%1.9%-4.4%-6.5%-0.3%
3M Rtn78.0%2.2%-10.7%12.0%-3.7%-5.7%-0.8%
6M Rtn22.8%26.5%8.3%17.5%1.3%26.8%20.2%
12M Rtn158.0%36.2%-41.6%10.3%67.7%40.7%38.5%
3Y Rtn185.3%99.3%-32.1%64.4%67.0%123.3%83.2%
1M Excs Rtn31.4%3.9%-4.5%-0.1%-6.4%-8.5%-2.3%
3M Excs Rtn79.6%1.0%-12.0%8.2%-8.0%-8.9%-3.5%
6M Excs Rtn9.4%13.1%-5.1%4.1%-12.1%13.4%6.8%
12M Excs Rtn140.5%19.8%-59.2%-7.8%47.8%22.8%21.3%
3Y Excs Rtn109.1%7.4%-119.1%-8.4%-14.9%45.3%-0.5%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Scrubwear509445440416363
Non-Scrubwear1221101069057
Total631556546506420


Price Behavior

Price Behavior
Market Price$17.74 
Market Cap ($ Bil)3.0 
First Trading Date05/27/2021 
Distance from 52W High0.0% 
   50 Days200 Days
DMA Price$13.93$12.87
DMA Trendupup
Distance from DMA27.3%37.9%
 3M1YR
Volatility75.8%70.8%
Downside Capture13.6445.57
Upside Capture334.62146.66
Correlation (S&P 500)22.4%15.9%
FIGS Betas & Captures as of 9/30/2026

 1M2M3M6M1Y3Y
Beta2.412.361.510.680.841.05
Up Beta-1.84-1.47-1.400.46-0.010.75
Down Beta6.045.491.910.260.960.91
Up Capture216%439%344%53%176%242%
Bmk +ve Days6162766132424
Stock +ve Days9213261123358
Down Capture321%178%133%109%75%106%
Bmk -ve Days16263760120328
Stock -ve Days12203164121370

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with FIGS
FIGS156.6%70.8%1.61-
Sector ETF (XLY)-4.0%19.4%-0.3427.3%
Equity (SPY)17.0%13.0%0.9315.1%
Gold (GLD)4.6%29.5%0.1514.2%
Commodities (DBC)48.0%20.9%1.77-9.1%
Real Estate (VNQ)6.2%13.8%0.1919.9%
Bitcoin (BTCUSD)-32.3%44.3%-0.765.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with FIGS
FIGS-12.9%70.2%0.10-
Sector ETF (XLY)5.4%24.1%0.1839.7%
Equity (SPY)14.1%17.1%0.6335.9%
Gold (GLD)18.3%18.9%0.787.4%
Commodities (DBC)9.9%19.5%0.39-1.1%
Real Estate (VNQ)1.5%18.8%-0.0334.4%
Bitcoin (BTCUSD)11.0%52.0%0.3921.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with FIGS
FIGS-4.9%70.6%0.17-
Sector ETF (XLY)12.0%22.2%0.4938.8%
Equity (SPY)15.4%17.9%0.7335.5%
Gold (GLD)11.8%16.4%0.586.2%
Commodities (DBC)8.3%18.1%0.37-0.1%
Real Estate (VNQ)4.6%20.7%0.1833.6%
Bitcoin (BTCUSD)63.4%66.2%1.0318.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date9302026
Short Interest: Shares Quantity16.5 Mil
Short Interest: % Change Since 9152026-1.0%
Average Daily Volume2.5 Mil
Days-to-Cover Short Interest6.5 days
Basic Shares Quantity166.5 Mil
Short % of Basic Shares9.9%

Earnings Returns History

Updated 9/9/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/6/202626.9%32.0%28.3%
5/7/2026-24.3%-22.1%-24.7%
2/26/202623.9%36.1%17.9%
11/6/202513.7%25.0%54.4%
8/7/2025-5.0%4.4%4.3%
5/8/2025-2.6%-8.1%2.2%
2/27/2025-18.1%-12.7%-15.8%
11/7/2024-28.3%-24.9%-21.6%
...
SUMMARY STATS   
# Positive111011
# Negative111211
Median Positive13.2%13.4%17.9%
Median Negative-14.0%-11.8%-17.4%
Max Positive26.9%36.1%60.8%
Max Negative-28.3%-31.9%-44.6%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/6/202626.9%32.0%28.3%
5/7/2026-24.3%-22.1%-24.7%
2/26/202623.9%36.1%17.9%
11/6/202513.7%25.0%54.4%
8/7/2025-5.0%4.4%4.3%
5/8/2025-2.6%-8.1%2.2%
2/27/2025-18.1%-12.7%-15.8%
11/7/2024-28.3%-24.9%-21.6%
8/8/2024-14.0%-5.6%-5.9%
5/9/2024-4.1%3.2%-0.4%
2/28/2024-13.3%-10.8%-17.4%
11/2/202321.2%4.3%31.0%
8/3/20230.9%-4.0%-11.4%
5/4/202311.1%15.9%22.2%
2/28/2023-26.6%-31.9%-34.3%
11/10/20225.2%-6.1%11.1%
8/4/20226.9%11.0%4.0%
5/12/2022-25.0%-29.8%-44.6%
3/8/202223.1%17.2%60.8%
1/10/202213.2%3.3%-9.5%
11/10/2021-12.5%-17.3%-36.8%
8/12/20210.8%-9.1%4.3%
SUMMARY STATS   
# Positive111011
# Negative111211
Median Positive13.2%13.4%17.9%
Median Negative-14.0%-11.8%-17.4%
Max Positive26.9%36.1%60.8%
Max Negative-28.3%-31.9%-44.6%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/06/202610-Q
03/31/202605/07/202610-Q
12/31/202502/26/202610-K
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202402/27/202510-K
09/30/202411/07/202410-Q
06/30/202408/08/202410-Q
03/31/202405/09/202410-Q
12/31/202302/28/202410-K
09/30/202311/02/202310-Q
06/30/202308/03/202310-Q
03/31/202305/04/202310-Q
12/31/202202/28/202310-K
09/30/202211/10/202210-Q
Collapse to Preview
Report DateFiling DateFiling
06/30/202608/06/202610-Q
03/31/202605/07/202610-Q
12/31/202502/26/202610-K
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202402/27/202510-K
09/30/202411/07/202410-Q
06/30/202408/08/202410-Q
03/31/202405/09/202410-Q
12/31/202302/28/202410-K
09/30/202311/02/202310-Q
06/30/202308/03/202310-Q
03/31/202305/04/202310-Q
12/31/202202/28/202310-K
09/30/202211/10/202210-Q
06/30/202208/04/202210-Q
03/31/202205/12/202210-Q
12/31/202103/10/202210-K
09/30/202111/10/202110-Q
06/30/202108/12/202110-Q
03/31/202105/28/2021424B4

Recent Forward Guidance

Updated 10/4/2026

Latest: Q2 2026 Earnings Reported 8/6/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Revenue GrowthReported 20.0%  5.0%RaisedGuidance: 15.0% for 2026
2026 Adjusted EBITDA MarginReported14.8%14.9%15.0% 1.8%RaisedGuidance: 13.1% for 2026


Prior: Q1 2026 Earnings Reported 5/7/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Net Revenues growthReported14.0%15.0%16.0% 4.0%RaisedGuidance: 11.0% for 2026
2026 Adjusted EBITDA MarginReported13.0%13.1%13.2% 0.3%RaisedGuidance: 12.8% for 2026
Q2 2026 Net Revenues growthReported 20.0%    

Q4 2025 Earnings Reported 2/26/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q1 2026 Net Revenues GrowthReported 20.0%    
2026 Net Revenues GrowthReported10.0%11.0%12.0% 4.0%Higher NewActual: 7.0% for 2025
2026 Adjusted EBITDA MarginReported12.7%12.8%12.9% 2.5%Higher NewActual: 10.3% for 2025

Q3 2025 Earnings Reported 11/6/2025

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2025 Net Revenues GrowthReported 7.0%  4.0%RaisedGuidance: 3.0% for 2025
2025 Adjusted EBITDA MarginReported 10.3%  1.6%RaisedGuidance: 8.75% for 2025

Insider Activity

Updated 7/6/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Oughtred, SarahChief Financial OfficerDirectSell506202614.3323,597338,23716,194,311Form
2Hasson, Heather LExecutive ChairmanDirectSell506202614.3332,385464,20320,552,046Form
3Oughtred, SarahChief Financial OfficerDirectSell406202614.4410,872156,98016,653,654Form
4Spear, Catherine EvaChief Executive OfficerDirectSell406202614.4462,335900,04925,917,306Form
5Hasson, Heather LExecutive ChairDirectSell303202616.85556,3279,375,33421,098,398Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Oughtred, SarahChief Financial OfficerDirectSell506202614.3323,597338,23716,194,311Form
2Hasson, Heather LExecutive ChairmanDirectSell506202614.3332,385464,20320,552,046Form
3Oughtred, SarahChief Financial OfficerDirectSell406202614.4410,872156,98016,653,654Form
4Spear, Catherine EvaChief Executive OfficerDirectSell406202614.4462,335900,04925,917,306Form
5Hasson, Heather LExecutive ChairDirectSell303202616.85556,3279,375,33421,098,398Form
6Oughtred, SarahChief Financial OfficerDirectSell209202610.5622,690239,6068,675,040Form
7Hasson, Heather LExecutive ChairDirectSell209202610.5622,874241,54913,220,772Form
8Oughtred, SarahChief Financial OfficerDirectSell110620257.3922,745168,0156,244,479Form
9Hasson, Heather LExecutive ChairDirectSell110620257.3923,356172,5289,417,123Form
10Oughtred, SarahChief Financial OfficerDirectSell100620257.369,96873,3646,389,142Form
11Spear, Catherine EvaChief Executive OfficerDirectSell100620256.8862,213428,08113,122,103Form
12Spear, Catherine EvaChief Executive OfficerDirectSell81420256.8865,866453,15813,548,412Form
13Oughtred, SarahChief Financial OfficerDirectSell80620256.1999,834617,9725,435,179Form

Investor Activity (13F)

Updated Oct 13, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Black Creek Investment Management Inc.$12.2 Mil0.7%25TRIM -31.1%13F
Active Manager
Active ManagerValue% of PortfolioTotal PositionsQoQAs OfFiling
Alta Fox Capital Management, LLC$9.9 Mil2.1%13ExitedDec 31, 202513F
Black Creek Investment Management Inc.$12.2 Mil0.7%25TRIM -31.1%Mar 31, 202613F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Black Creek Investment Management Inc.$12.2 Mil0.7%25TRIM -31.1%13F
Core Cache Last Updated: 10/12/2026