The healthcare apparel company reported Q2 net revenues of $197 million, exceeding expectations and driving an improved outlook.
FIGS Inc. posted Q2 net revenues of $197 million, a 29% year-over-year increase, surpassing its own projections. The growth was broad-based, extending beyond a single segment of the business, according to management during the earnings call.
The company now expects approximately 20% revenue growth for 2026, up from prior guidance, while also raising its operating margin outlook to around 10.8%. FIGS had previously delivered three consecutive quarters of over 25% revenue growth.
Management attributed the performance to strong demand across its product lines, though no immediate market reaction was detailed in the report.