“Other Income, Net Other income, net consists of interest income, interest expense, amortization of debt issuance costs, as well as gain or loss on foreign currency, primarily driven by payment to vendors for amounts not denominated in U.S.”10-Q · Aug 6, 2026 ↗
FIGS, Inc.
FIGS
Market read
FIGS, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 4 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.
- Management reports recent price increases materially contributed to higher gross profit and gross margin, partially offset by tariffs.
Invalidation: The isolated read changes if FIGS's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 4 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- Management reports recent price increases materially contributed to higher gross profit and gross margin, partially offset by tariffs.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +13.6% year over year.
- Operating margin changed +5.6 percentage points in the latest annual period.
- Net margin changed +4.9 percentage points in the latest annual period.
- Tariffs and trade policy has repeated favorable evidence across 5 filings.
- Credit and interest rates has repeated adverse evidence across 5 filings.
- EV/sales is 168% above the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 10, 2026
12.95Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“The increase in net revenues was primarily driven by an increase in orders and higher AOV.”10-Q · Aug 6, 2026 ↗
“The increase was partially offset by the timing of cash payments of accounts payable of $18.7 million, IEEPA tariff refund receivable of $16.0 million, the timing of cash payments of accrued compensation and benefits of $8.3 million, and the timing of cash pa…”10-Q · Aug 6, 2026 ↗
“28 Table of Contents Other Income, Net Six months ended June 30, Change 2026 2025 % (in thousands) Other income, net $ 3,581 $ 4,191 (14.6) % Other income, net decreased for the six months ended June 30, 2026, compared to the prior year period, primarily due…”10-Q · Aug 6, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 3.7× · EV/sales 3.6×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for FIGS. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for FIGS. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind FIGS
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Filing peers
No filing peers are available for this name yet.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
FIGS is currently a Follower in the organic co-movement group Growth Stocks. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.