Overview

* FIGS Q3 2025 revenue grows 8.2% yr/yr, beating analyst expectations

* Adjusted EBITDA for Q3 beats estimates, reflecting operational improvements

* Company increases full-year 2025 outlook

Outlook

* FIGS raises full-year 2025 net revenue growth outlook to approximately 7.0%

* Company expects full-year 2025 adjusted EBITDA margin above original forecast

Result Drivers

* REVENUE GROWTH - Driven by increased orders from new and existing customers and higher average order value

* GROSS MARGIN IMPROVEMENT - Attributed to lower promotional sales, improved return rates, and reduced freight expenses

* OPERATING EXPENSES REDUCTION - Decreased due to lower fulfillment expenses and reduced stock-based compensation

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $151.70 $142.50

Revenue mln mln (9

Analysts

)

Q3 Net $8.70

Income mln

Q3 Beat $18.90 $11.80

Adjusted mln mln (8

EBITDA Analysts

)

Q3 12.40%

Adjusted

EBITDA

Margin

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 7 "hold" and 2 "sell" or "strong sell"

* The average consensus recommendation for the apparel & accessories peer group is "buy."

* Wall Street's median 12-month price target for Figs Inc ( FIGS ) is $7.00, about 8.3% below its November 5 closing price of $7.58

* The stock recently traded at 94 times the next 12-month earnings vs. a P/E of 104 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)