Filing Flows › Figs (FIGS) › How it makes money
How Figs (FIGS) makes money
Figs (FIGS) made $191M of revenue in the third quarter 2026 (Q3 2026), +26% from a year earlier. Scrubwear brought in $158M (83%); Non-Scrubwear brought in $33.2M (17%). Of every dollar of revenue, 69¢ was left as gross profit, 12¢ was left as operating profit, 10¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Scrubwear | $158M | 82.6% | -2% | +24% |
| Non-Scrubwear | $33.2M | 17.4% | -6% | +35% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $191M | 100.0% |
| Cost of revenue | $58.6M | 30.7% |
| Gross profit | $132M | 69.3% |
| Operating expenses | $110M | 57.6% |
| Operating profit | $22.2M | 11.6% |
| Income tax | $5.3M | 2.8% |
| Net earnings | $19.3M | 10.1% |
| Operating cash flow | $56.9M | 29.8% |
| Free cash flow | $51.2M | 26.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $191M | +26% |
| Q2 2026 | $197M | +29% |
| Q1 2026 | $160M | +28% |
| Q4 2025 | $202M | +33% |
| Q3 2025 | $152M | +8% |
| Q2 2025 | $153M | +6% |
| Q1 2025 | $125M | +5% |
From Figs' 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Figs make money?
Figs (FIGS) made $191M of revenue in the third quarter 2026 (Q3 2026), +26% from a year earlier. Scrubwear brought in $158M (83%); Non-Scrubwear brought in $33.2M (17%). Of every dollar of revenue, 69¢ was left as gross profit, 12¢ was left as operating profit, 10¢ was left as net earnings.
What is Figs' biggest business?
Scrubwear: $158M in the third quarter 2026, 83% of revenue, +24% from a year earlier.
What is Figs' profit margin?
Net earnings were $19.3M, 10.1% of revenue, in the third quarter 2026; the operating margin was 11.6%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.