Every material Form 8-K FIGS, Inc. has filed with the SEC since May 07, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
FIGS reported third quarter 2026 results for the period ended September 30, 2026, with net revenues of $190.7 million, up 25.7% year over year, and net income of $19.3 million, or $0.10 per diluted share, versus $0.05 a year earlier. The company raised its full-year 2026 net revenue growth and adjusted EBITDA margin outlooks, which shareholders will weigh against a gross margin that fell 60 basis points to 69.3%.
Net revenues were $190.7 million, up 25.7%; net income was $19.3 million, or $0.10 per diluted share, versus $8.7 million, or $0.05, a year earlier.
Adjusted EBITDA was $31.5 million, with a margin of 16.5%, compared with 12.4% in the same period of 2025.
Gross margin was 69.3%, down 60 basis points year over year, mainly due to outsized returns processing improvements in the prior year and higher inventory reserves.
Full-year 2026 outlook: net revenues up ~23.5% versus 2025 and adjusted EBITDA margin of approximately 15.8%; fourth-quarter net revenues up ~15%.
FIGS reported second quarter 2026 net revenues of $196.6 million, up 28.8% year over year, and net income of $28.4 million, or $0.15 per diluted share, versus $7.1 million, or $0.04, a year earlier. The company also said it is increasing its full-year 2026 outlook and its share repurchase authorization by $100.0 million, to up to $200.0 million, which gives shareholders a larger buyback capacity.
Q2 net revenues were $196.6 million, up 28.8%; net income was $28.4 million, or $0.15 per diluted share, compared with $0.04 a year earlier.
Q2 gross margin of 75.2% included a 780 basis point positive impact from IEEPA tariff refunds; adjusted EBITDA of $36.6 million excluded $7.9 million of those refunds.
Full-year 2026 outlook: net revenues growth of approximately 20% and adjusted EBITDA margin of 14.8% to 15.0%.
Board authorized a $100.0 million increase to the buyback, bringing the total authorization to $200.0 million; about $119.2 million remains available after the increase, following $80.8 million of repurchases through June 30, 2026.
FIGS reported first quarter 2026 net revenues of $159.9 million, up 28.0% year over year, and net income of $6.3 million, or $0.03 per diluted share, compared with a net loss of $0.1 million a year earlier. The company raised its full year 2026 outlook to net revenues growth of 14% to 16% and adjusted EBITDA margin of 13.0% to 13.2%, but free cash flow was negative $5.6 million for the quarter.
Net revenues were $159.9 million, up 28.0%; U.S. revenues rose 24.1% to $131.6 million and international revenues rose 49.9% to $28.3 million.
Net income was $6.3 million, or $0.03 per diluted share, versus a net loss of $0.1 million in the first quarter of 2025.
Full year 2026 outlook: net revenues growth of 14% to 16% and adjusted EBITDA margin of 13.0% to 13.2%.
Free cash flow was negative $5.6 million, compared with positive $7.9 million in the first quarter of 2025; active customers reached 3.0 million, up 12.2%.
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Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every FIGS, Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →