Welcome to our dedicated page for FIGS SEC filings (Ticker: FIGS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
FIGS, Inc. filings document the company’s healthcare apparel business, operating results and public-company governance. Form 8-K reports furnish earnings releases and Regulation FD presentations covering net revenues, scrubwear and non-scrubwear categories, U.S. and international sales, active customer measures, average order value, gross margin, operating expenses and outlook disclosures.
The company’s proxy materials address board matters, executive compensation, equity awards and annual meeting governance. Other current reports disclose material agreements, including office lease arrangements related to corporate facilities. Together, FIGS’ regulatory filings describe the business economics, capital and compensation structures, governance practices and material events of a direct-to-consumer healthcare apparel issuer.
FIGS, Inc. Executive Chairman Heather L. Hasson had 30,142 shares of Class A Common Stock withheld on August 5, 2026 at $10.92 per share to satisfy tax withholding obligations arising from the vesting and settlement of previously granted RSUs, not from any open-market sale. Following this, she directly holds 1,396,852 Class A shares, including 911,737 RSUs, and also beneficially owns 2,814,480 Class B shares convertible into Class A and 11,225,605 Class A shares underlying vested options, plus additional indirect holdings through a revocable trust and Hollywood Capital Partners LLC.
FIGS, Inc. Chief Financial Officer Sarah Oughtred reported an automatic share withholding related to RSU vesting. On August 5, 2026, 21,962 shares of Class A Common Stock were withheld at $10.92 per share to satisfy tax withholding obligations; this was not an open-market sale. Following the transaction, she reported ownership of 1,088,165 shares, including 870,488 Restricted Stock Units, each representing one share of Class A Common Stock.
FIGS, Inc. delivered strong growth in the three and six months ended June 30, 2026. Net revenues rose to about $196.6 million for the quarter and $356.5 million year to date, driven by more orders, a 13.2% increase in active customers to 3.1 million and higher average order values.
Gross margin expanded to 75.2% in Q2 and 71.8% year to date, helped by IEEPA tariff refunds that reduced cost of goods sold by $15.4 million and lowered inventory by $5.1 million, along with pricing and efficiency gains, partly offset by new tariffs. Net income grew to $28.4 million in Q2, with a 14.4% net income margin, and adjusted EBITDA reached $36.6 million.
Operating cash flow improved to $43.7 million and free cash flow to $38.6 million in the first half. FIGS ended the quarter with $108.5 million of cash and cash equivalents, $187.8 million of short-term investments and no borrowings on its $100 million credit facility. The company repurchased 2.6 million shares for approximately $32.8 million and expanded its buyback authorization to $200 million. Management also highlights headwinds from ongoing U.S. tariffs and a June 2026 withhold release order on a Jordanian manufacturing partner that produced about one-third of Q2 finished goods, which is expected to weigh on second-half revenue, gross margin and inventory.
FIGS, Inc. reported strong results for the quarter ended June 30, 2026, with net revenues of $196.6 million, up 28.8% year over year, driven by more orders and higher average order value. Scrubwear revenue was $161.2 million and non-scrubwear $35.4 million, while U.S. revenue grew 22.2% and international 67.0%.
Gross margin improved to 75.2%, up 820 basis points, aided by IEEPA tariff refunds, pricing and efficiency gains. Net income rose to $28.4 million with a 14.4% net income margin, and adjusted EBITDA reached $36.6 million, an 18.6% margin. Active customers grew to 3.1 million, with net revenue per active customer of $229 and average order value of $127. The board increased the share repurchase authorization by $100 million to $200 million, leaving about $119.2 million available, and the company now targets full-year 2026 net revenue growth of approximately 20% and adjusted EBITDA margin of 14.8%–15.0%.
BlackRock, Inc. reports beneficial ownership of 8,336,021 shares of FIGS, Inc. Class A stock, representing 5.3% of the class. BlackRock has sole voting power over 8,193,488 shares and sole dispositive power over 8,336,021 shares, with no shared voting or dispositive power. The position is held through certain BlackRock business units, and various underlying clients have economic interests, but no single client holds more than five percent of FIGS’ outstanding common shares.
FIGS, Inc. Chief Financial Officer Sarah Oughtred reported a routine equity compensation event involving vested restricted stock units (RSUs). The company withheld 22,197 shares of Class A Common Stock at $10.05 per share to cover tax obligations tied to RSU vesting, and no shares were sold in the market. After this tax-withholding disposition, she directly holds 1,110,127 shares, including 911,539 RSUs and 2,533 shares acquired under FIGS’ 2021 Employee Stock Purchase Plan.
FIGS, Inc. Chief Executive Officer Catherine Eva Spear reported routine equity compensation activity involving Restricted Stock Units (RSUs) and related tax withholding. The filing states that no shares were sold; instead, 61,556 shares of Class A Common Stock were withheld by FIGS to cover tax obligations from RSU vesting at $10.05 per share.
After this tax-withholding disposition, Spear directly holds 1,733,408 Class A shares. Footnotes state she also holds 976,967 RSUs, 5,469,161 Class B shares directly and through trusts, and 19,776,378 Class A shares underlying vested options, showing a substantial remaining ownership position. Additional indirect holdings include 141 shares via Hollywood Capital Partners LLC and 797,073 shares through the Catherine Spear Revocable Trust.
FIGS, Inc. Executive Chairman Heather Hasson reported compensation-related share activity, not an open-market trade. The filing shows the vesting and settlement of restricted stock units and shares withheld to cover related taxes. No shares were sold.
The company withheld 6,813 shares of Class A Common Stock at $10.05 per share to satisfy tax obligations from RSU vesting. After this tax withholding, Hasson directly holds 1,426,994 Class A shares, plus additional indirect holdings through Hollywood Capital Partners LLC and the Heather Hasson Revocable Trust.
Footnotes also note 970,979 RSUs representing contingent rights to Class A shares, 2,814,480 Class B shares that are convertible into Class A shares, and 11,135,647 Class A shares underlying vested options, highlighting a large remaining equity position.
FIGS, Inc. reported the results of its 2026 annual meeting of stockholders held via live webcast. Class A stockholders had one vote per share and Class B stockholders had twenty votes per share, with shares present representing about 93.29% of combined voting power, establishing a quorum.
Stockholders elected Heather Hasson (275,934,138 votes for), Kenneth Lin (279,648,260 votes for) and Melanie Whelan (250,430,479 votes for) as Class II directors until the 2029 annual meeting. They also ratified Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2026, with 302,472,060 votes for.
On an advisory, non-binding basis, stockholders approved the compensation of the company’s named executive officers, with 241,013,864 votes for, 46,312,879 against and 1,229,675 abstentions, along with 14,117,708 broker non-votes.
FIGS, Inc. director Jeffrey A. Wilke reported an equity compensation grant of 15,456 restricted stock units (RSUs) tied to the company’s Class A Common Stock. The award represents his annual grant under FIGS’ Non-Employee Director Compensation Program and carries no cash exercise price.
The RSUs vest in full on the earlier of the one-year anniversary of June 3, 2026 or the date of FIGS’ next annual meeting of stockholders following June 3, 2026, as long as Wilke remains in service. Each RSU converts into one share upon vesting. Following this grant, Wilke holds 227,577 shares directly. This filing reflects routine director compensation rather than open-market buying or selling.