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Figs FIGS · USD

Consumer Discretionary · US listing · 🇺🇸 United States

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21.58

+8.88%

Close of 9 Nov 2026, in USD

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About Figs

From its filings with the US Securities and Exchange Commission

SEC filings

Figs is based in Santa Monica, California and is incorporated in Delaware. Its shares trade on NYSE under the ticker FIGS. The SEC classifies its business as apparel & other finishd prods of fabrics & similar matl. In the fiscal year to 31 December 2025, it reported revenue of $631.1m and net income of $34.3m. At that date it held total assets of $580.0m and shareholders' equity of $437.5m. By business, Scrubwear brought in 80.6% of revenue, followed by Non-Scrubwear at 19.4%. By region, United States accounted for 83.6%, followed by Rest of the world at 16.4%.

In its own words

By elevating scrubs and creating premium products for healthcare professionals that support them on and off-shift, we revolutionized the large and fragmented healthcare apparel market, branded a previously unbranded industry and de-commoditized a previously commoditized product. Most importantly, we built a community and lifestyle around a profession. As a result, we have become the industry’s category-defining healthcare apparel and lifestyle brand.

Our offerings include scrubwear and non-scrubwear, such as outerwear, underscrubs, footwear, compression socks, lab coats, loungewear and other apparel. We primarily design all of our products in-house, leverage third-party suppliers and manufacturers to produce our product components and finished products, and generally utilize shallow initial buys and data-driven repurchasing decisions to test new products. We directly and actively coordinate with our suppliers on every step of our product development and production process to ensure that our extremely high quality standards are met. We also have a dynamic merchandising model with lessened inventory risk, as a result of the largely non-discretionary, replenishment-driven nature of scrubwear and a focus on our core scrubs offerings.

Quoted from its 10-K, filed 26 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Consumer Discretionary
Industry
Textiles, Apparel & Luxury Goods
Listed since
27 May 2021
Employees
388
Head office
2834 COLORADO AVENUE, SANTA MONICA, CA, 90404
Incorporated in
DE
Classification
Apparel & Other Finishd Prods of Fabrics & Similar Matl
Filer status
Accelerated filer

Leadership

Pay as last reported

  • Ms. Heather HassonExecutive Chairman of the Board, Co-Founder$351
  • Ms. Catherine SpearChief Executive Officer, Co-Founder, Director$5.0m
  • Ms. Sarah OughtredChief Financial Officer$4.4m
  • Mr. Kenneth LinLead Independent Director$220,000
  • Ms. Sheila AntrumIndependent Director$215,000
  • Mr. Jerry JaoIndependent Director
  • Mr. Mario MarteIndependent Director$226,452
  • Ms. Melanie WhelanIndependent Director
  • Mr. Jeffrey WilkeIndependent Director$222,339
  • Mr. J. Martin WillhiteIndependent Director$217,500
  • Mr. Tom ShawSenior Vice President, Investor Relations, since 2025

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
40
Environment
29
Social
52
Governance
39
Women in the workforce
69%
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Headquartered in Santa Monica, California with 388 employees.
  • Offers a wide range of healthcare apparel including scrubs and lifestyle products.
  • Products feature functional elements like zippered pockets for professional items.

Weaknesses

  • Source description states 313 employees, conflicting with 388 provided.
  • IPO date of 2021-05-27 is consistent across sources.
  • Digital platform serves approximately 14 countries directly.

Opportunities

  • Expanding into new markets through digital platform in 14 countries.
  • Growing demand for healthcare apparel and lifestyle products.
  • In-house design capabilities allow for product innovation.

Threats

  • Source description lists 313 employees, which may indicate underreporting.
  • Reliance on third-party suppliers for production may pose risks.
  • Competition in healthcare apparel sector could increase.

Sources and methodology

Data on this tab
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