The apparel company now forecasts 14%-16% net revenue growth for 2026 following a 28% year-over-year increase in Q1.
FIGS Inc. revised its 2026 net revenue growth forecast to 14%-16% after reporting a 28% year-over-year increase in Q1 2026. The company attributed the outperformance to accelerating active customer growth, surpassing 3 million for the first time.
Prior to the update, FIGS had not disclosed a specific 2026 growth target. The Q1 growth rate compares to a 22% increase in the same period last year. Active customer growth also outpaced recent quarters, driven by expanded product offerings and marketing initiatives.
The company did not disclose immediate market reactions to the revised outlook.