FIGS Q3 revenue beats analyst estimates driven by higher average order value

Figs

06/11/2025 22:05

Overview

FIGS Q3 2025 revenue grows 8.2% yr/yr, beating analyst expectations

Adjusted EBITDA for Q3 beats estimates, reflecting operational improvements

Company increases full-year 2025 outlook

Outlook

FIGS raises full-year 2025 net revenue growth outlook to approximately 7.0%

Company expects full-year 2025 adjusted EBITDA margin above original forecast

Result Drivers

REVENUE GROWTH - Driven by increased orders from new and existing customers and higher average order value

GROSS MARGIN IMPROVEMENT - Attributed to lower promotional sales, improved return rates, and reduced freight expenses

OPERATING EXPENSES REDUCTION - Decreased due to lower fulfillment expenses and reduced stock-based compensation

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$151.70 mln
$142.50 mln (9 Analysts)
Q3 Net Income
$8.70 mln
Q3 Adjusted EBITDA
Beat
$18.90 mln
$11.80 mln (8 Analysts)
Q3 Adjusted EBITDA Margin
12.40%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 7 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the apparel & accessories peer group is "buy."

Wall Street's median 12-month price target for Figs Inc is $7.00, about 8.3% below its November 5 closing price of $7.58

The stock recently traded at 94 times the next 12-month earnings vs. a P/E of 104 three months ago

Press Release: ID:nBw7rPnyYa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)