Figs annual gross margin
2019
2020
2021
2022
2023
2024
2025
Figs Gross Margin Growth & History (FIGS)
Figs's gross margin was 66.53% for fiscal 2025.
View full Figs company overviewFigs annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 66.53% | −1.09 pp |
| 2024 | 2024-12-31 | 67.61% | −1.47 pp |
| 2023 | 2023-12-31 | 69.09% | −0.99 pp |
| 2022 | 2022-12-31 | 70.07% | −1.71 pp |
| 2021 | 2021-12-31 | 71.79% | −0.51 pp |
| 2020 | 2020-12-31 | 72.30% | +0.50 pp |
| 2019 | 2019-12-31 | 71.80% | — |
Figs quarterly gross margin
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 75.20% | +8.21 pp |
| Q1 2026 | 2026-03-31 | 67.73% | +0.11 pp |
| Q4 2025 | 2025-12-31 | 62.94% | −4.37 pp |
| Q3 2025 | 2025-09-30 | 69.94% | +2.87 pp |
| Q2 2025 | 2025-06-30 | 66.99% | −0.45 pp |
| Q1 2025 | 2025-03-31 | 67.62% | −1.23 pp |
| Q4 2024 | 2024-12-31 | 67.31% | −0.22 pp |
| Q3 2024 | 2024-09-30 | 67.06% | −1.35 pp |
| Q2 2024 | 2024-06-30 | 67.44% | −2.08 pp |
| Q1 2024 | 2024-03-31 | 68.85% | −2.41 pp |
| Q4 2023 | 2023-12-31 | 67.53% | −0.69 pp |
| Q3 2023 | 2023-09-30 | 68.41% | −2.23 pp |
| Q2 2023 | 2023-06-30 | 69.52% | −1.11 pp |
| Q1 2023 | 2023-03-31 | 71.26% | +0.02 pp |
| Q4 2022 | 2022-12-31 | 68.22% | −1.71 pp |
| Q3 2022 | 2022-09-30 | 70.64% | −2.11 pp |
| Q2 2022 | 2022-06-30 | 70.63% | −2.70 pp |
| Q1 2022 | 2022-03-31 | 71.24% | −0.38 pp |
| Q4 2021 | 2021-12-31 | 69.93% | −3.80 pp |
| Q3 2021 | 2021-09-30 | 72.74% | +2.25 pp |
| Q2 2021 | 2021-06-30 | 73.33% | — |
| Q1 2021 | 2021-03-31 | 71.61% | — |
| Q3 2020 | 2020-09-30 | 73.73% | — |
| Q2 2020 | 2020-06-30 | 70.50% | — |
Figs gross margin trends
Over the last five reported fiscal years, Figs's gross margin decreased from 72.30% to 66.53%, a change of −5.77 percentage points. The latest reported quarter, Q2 2026, shows 75.20%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Figs filings at SEC.gov ↗