Figs (FIGS) Hits New High on Stellar Earnings, Double-Digit Growth Outlook

We recently published Wall Street Can’t Keep Up: 10 Big Names on a High. Figs Inc. (NYSE:FIGS) was one of the best performers on Thursday.

Figs Inc. soared to a nearly four-year high on Thursday, as investors cheered its stellar performance last year, coupled with a double-digit revenue growth outlook this year.

At intra-day trading, the stock hit its highest price of $12.66 before paring gains to finish the session just up by 13.78 percent at $12.47 apiece.

In an updated report, Figs Inc. (NYSE:FIGS) said that net income last year increased by 1,159 percent to $34.25 million from only $2.72 million in 2024, while revenues jumped by 13.7 percent to $631 million from $555 million, on the back of higher orders from new and existing customers, as well as average order value.

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In the fourth quarter alone, net profit climbed by 884 percent to $18.5 million from $1.88 million, while net revenues increased by 33 percent to $201.9 million from $151.8 million.

For full-year 2026, Figs Inc. (NYSE:FIGS) is expecting to continue a double-digit growth of 10 to 12 percent in net revenues, versus 2025. Adjusted EBITDA margin is also pegged at 12.7 percent to 12.9 percent.

“Our success positions us for a great 2026 with continuing growth from the core foundational elements of our business, as well as from International, TEAMS and Community Hubs. Given our momentum and while still adopting a prudent mindset, we expect top-line growth in 2026 of 10-12 percent, including growth in the low-20 percent range for Q1. At the same time, we expect increased profitability, even with the latest announcement calling for 15 percent global tariffs,” Figs Inc. (NYSE:FIGS) CFO Sarah Oughtred said.

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