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 submitted a notice under Rule 144 reporting planned disposition of Class A common stock. The filing lists securities to be sold following an exercise of employee stock options on 03/02/2026, described as "net shares acquired...after the withholding of shares to pay option exercise costs and applicable taxes." The filing also reports a prior sale of 22,874 shares on 02/05/2026 and a reported beneficial ownership of 241,549 shares.
FIGS, Inc. is a founder-led, direct-to-consumer healthcare apparel and lifestyle brand focused on technically advanced scrubs and related products for healthcare professionals. The company sells primarily through its website, mobile app, B2B TEAMS platform and a small network of Community Hub retail stores.
As of December 31, 2025, FIGS reports about 2.9 million active customers, with core scrubwear styles accounting for over 60% of 2025 net revenues and returns of roughly 10% from 2021–2025. The brand emphasizes proprietary FIONx fabric, data-driven merchandising, international shipping and a growing B2B uniforms business.
FIGS highlights key risks, including sustaining past growth, intense competition in healthcare apparel, reliance on third-party manufacturing and logistics, global trade and tariff uncertainty, cybersecurity and data privacy obligations, and dependence on its co-founders and other key employees. The company also notes dual-class share structure and controlled-company status, which concentrate voting power.
FIGS, Inc. reported strong fourth quarter and full year 2025 results, with clear acceleration exiting the year and a bullish 2026 outlook. Q4 2025 net revenues rose 33.0% to $201.9 million, driven by more orders from new and existing customers and higher average order value. Net income jumped to $18.5 million (diluted EPS $0.10) and net income margin expanded to 9.2%, despite a 440-basis-point gross margin decline to 62.9% from higher tariffs and a $5.6 million inventory write-off.
For full year 2025, net revenues grew 13.6% to $631.1 million, with scrubwear up 14.3% and international revenue up 27.5%. Net income increased to $34.3 million (diluted EPS $0.19), and net income margin improved to 5.4%. Adjusted EBITDA was $74.5 million with an 11.8% margin, and free cash flow was $53.0 million. Active customers reached 2.9 million, net revenues per active customer were $216, and average order value was $120, all up year over year.
FIGS guides 2026 net revenues growth of 10–12% and an adjusted EBITDA margin of 12.7–12.9%, targeting low‑20% revenue growth in Q1 2026 while expecting further profitability gains even with new 15% global tariffs.
T. Rowe Price Investment Management, Inc. filed an amended Schedule 13G reporting its beneficial ownership of FIGS Inc. Class A common stock as of 12/31/2025. The firm reports beneficial ownership of 7,077,395 shares, representing 4.5% of the class.
T. Rowe Price has sole power to vote 7,026,761 shares and sole power to dispose of 7,077,395 shares, with no shared voting or dispositive power. The filer notes that it owns 5 percent or less of the class and states the shares were acquired and are held in the ordinary course of business, not to change or influence control of FIGS.
FIGS, Inc. received an amended institutional ownership report on its Class A common stock. Ameriprise Financial, Inc. and related Ameriprise entities report beneficial ownership of 6,501,065 shares, representing 4.2% of the class as of the event date 12/31/2025.
Subsidiaries and affiliated funds, including UK International Holdings Limited, various Threadneedle entities, and CT (Lux) American Smaller Companies, report smaller positions ranging from 1.4% to 3.9% of the class. The securities are certified as acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of FIGS.
FIGS, Inc. Chief Financial Officer Sarah Oughtred reported a routine sale of Class A common stock tied to restricted stock unit (RSU) vesting. On 02/05/2026, she sold 22,690 shares at a weighted average price of $10.56 per share under a pre-arranged Rule 10b5-1 instruction letter.
The shares were sold solely to cover taxes and fees owed upon RSU vesting and settlement, and not for discretionary portfolio reasons. After these transactions, Oughtred beneficially owned 821,500 shares of FIGS Class A common stock, including 671,386 RSUs plus additional shares acquired under the 2021 Employee Stock Purchase Plan.
FIGS, Inc. Executive Chair and 10% owner Heather L. Hasson reported an automatic sale of 22,874 shares of Class A Common Stock on February 5, 2026 at a weighted average price of $10.56 per share.
The sale was made under a pre-established Rule 10b5-1 instruction letter and was conducted solely to cover taxes and fees from the vesting and settlement of restricted stock units. After this transaction, Hasson directly holds 1,251,967 Class A shares, including 829,385 RSUs, plus additional indirect holdings and sizeable Class B and option positions.
FIGS, Inc. insider plans to sell 22,874 shares of Class A common stock. The planned sale has an aggregate market value of 241,548.97 and will be executed through E*TRADE Financial Corporation on the NYSE, with an approximate sale date of 02/05/2026.
The filing notes that there were 156,215,058 shares of this class outstanding. The seller acquired 59,242 Class A shares on 02/04/2026 upon vesting of restricted stock units granted under FIGS, Inc.'s 2021 Equity Incentive Award Plan as consideration for services rendered.
FIGS, Inc. stockholder Sarah Oughtred filed a Form 144 notice to sell up to 22,690 shares of Class A common stock through E*TRADE on the NYSE, with an aggregate market value of $239,606.17 and an approximate sale date of February 5, 2026.
The shares relate to 41,051 Class A shares acquired on February 4, 2026 upon vesting of restricted stock units awarded under FIGS’ 2021 Equity Incentive Award Plan in exchange for services rendered. FIGS had 156,215,058 Class A shares outstanding when this notice was prepared.
Oughtred previously sold 10,515 Class A shares on January 7, 2026 for gross proceeds of $120,926.70. By signing the notice, the seller represents not knowing any undisclosed material adverse information about FIGS’ current or prospective operations.
BlackRock, Inc. filed an amended Schedule 13G to report its beneficial ownership of 7,652,107 shares of FIGS, Inc. Class A stock, representing 4.9% of the class as of 12/31/2025. BlackRock reports sole voting power over 7,492,861 shares and sole dispositive power over 7,652,107 shares, with no shared voting or dispositive power.
The filing states that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of FIGS. Various underlying clients and accounts have rights to dividends or sale proceeds, but no single person has more than five percent of the outstanding common shares.