NYSE:FIGSLuxury
Why FIGS (FIGS) Is Down 16.8% After Raising 2026 Revenue Guidance on Strong Q1 Results
In the first quarter of 2026, FIGS, Inc. reported net revenue of US$159.9 million, up from US$124.9 million a year earlier, and moved from a small net loss to net income of US$6.29 million, with basic earnings per share of US$0.04.
The company’s strong quarter was underpinned by 28% year-over-year net revenue growth, passing three million active customers and prompting management to raise full-year 2026 revenue guidance to 14%–16% growth, even as this implied slower growth than the first...