FIGS (FIGS) Revenue & Revenue Breakdown


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FIGS Revenue Highlights


Latest Revenue (Y)

$545.65M

Latest Revenue (Q)

$119.29M

Main Segment (Y)

Scrubwear

Main Geography (Y)

UNITED STATES

FIGS Revenue by Period


FIGS Revenue by Year

DateRevenueChange
2023-12-31$545.65M7.87%
2022-12-31$505.83M20.55%
2021-12-31$419.59M59.47%
2020-12-31$263.11M138.12%
2019-12-31$110.49M-

FIGS generated $545.65M in revenue during NA 2023, up 7.87% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

FIGS Revenue by Quarter

DateRevenueChange
2024-03-31$119.29M-17.68%
2023-12-31$144.92M1.79%
2023-09-30$142.36M3.06%
2023-06-30$138.13M14.89%
2023-03-31$120.23M-17.02%
2022-12-31$144.90M12.68%
2022-09-30$128.59M5.19%
2022-06-30$122.25M11.03%
2022-03-31$110.10M-14.45%
2021-12-31$128.70M25.32%
2021-09-30$102.70M1.56%
2021-06-30$101.12M16.12%
2021-03-31$87.08M-3.45%
2020-12-31$90.19M17.43%
2020-09-30$76.81M19.75%
2020-06-30$64.14M100.65%
2020-03-31$31.97M-

FIGS generated $119.29M in revenue during Q1 2024, up -17.68% compared to the previous quarter, and up 82.33% compared to the same period a year ago.

FIGS Revenue Breakdown


FIGS Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Scrubwear$439.99M$415.94M$363.05M
Non-scrubwear/Lifestyle$105.66M$89.90M$56.54M

FIGS's latest annual revenue breakdown by segment (product or service), as of Dec 23: Scrubwear (80.64%), and Non-scrubwear/Lifestyle (19.36%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Sep 21Jun 21
Non-Scrubwear/Lifestyle$24.40M$27.44M$22.89M$22.37M$21.71M$18.36M-----
Scrubwear$94.90M$111.96M$114.93M$115.24M$97.87M$114.71M$106.88M$103.89M---
Non-scrubwear/Lifestyle-----$30.19M-----
Non Scrubs--------$19.63M$13.17M$10.80M
Scrubs--------$90.47M$89.53M$90.31M

FIGS's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Scrubwear (79.55%), and Non-Scrubwear/Lifestyle (20.45%).

FIGS Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21
Non-US$62.19M$43.71M-
UNITED STATES$483.45M$462.13M$390.51M
Non Us--$29.08M

FIGS's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (88.60%), and Non-US (11.40%).

Quarterly Revenue by Country

CountryMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
UNITED STATES$103.07M$128.16M$123.82M$123.80M$107.68M$129.56M$118.32M$112.83M$101.42M$119.98M$95.80M$93.12M
Non-US$16.22M$16.76M$18.55M$14.34M$12.55M$15.34M$10.27M$9.42M$8.68M$6.89M$8.00M-
Non Us---------$8.72M--

FIGS's latest quarterly revenue breakdown by geography, as of Mar 24: UNITED STATES (86.40%), and Non-US (13.60%).

FIGS Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
TOSTToast$3.87B$1.24B
DLODLocal$650.35M$184.43M
YOUClear Secure$613.58M$186.75M
GLBEGlobal-e Online$569.95M$145.87M
FIGSFIGS$545.65M$119.29M
DOCSDoximity$475.42M$126.68M

FIGS Revenue FAQ


FIGS's yearly revenue for 2023 was $545.65M, representing an increase of 7.87% compared to 2022. The company's yearly revenue for 2022 was $505.84M, representing an increase of 20.55% compared to 2021. FIGS's yearly revenue for 2021 was $419.59M, representing an increase of 59.47% compared to 2020.

FIGS's quarterly revenue for Q1 2024 was $119.29M, a -17.68% decrease from the previous quarter (Q4 2023), and a -0.78% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $144.92M, a 1.79% increase from the previous quarter (Q3 2023), and a 0.01% increase year-over-year (Q4 2022). FIGS's quarterly revenue for Q3 2023 was $142.36M, a 3.06% increase from the previous quarter (Q2 2023), and a 10.71% increase year-over-year (Q3 2022).

FIGS's revenue growth rate for the last 3 years (2021-2023) was 30.04%, and for the last 5 years (2019-2023) was 393.82%.

FIGS's revenue streams in c 23 are Scrubwear, and Non-scrubwear/Lifestyle. Scrubwear generated $439.99M in revenue, accounting 80.64% of the company's total revenue, up 5.78% year-over-year. Non-scrubwear/Lifestyle generated $105.66M in revenue, accounting 19.36% of the company's total revenue, up 17.53% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of FIGS was Scrubwear. This segment made a revenue of $439.99M, representing 80.64% of the company's total revenue.