Growth Metrics

Figs (FIGS) Cost of Revenue (2020 - 2026)

Figs has reported Cost of Revenue over the past 6 years, most recently at $108.3 million for Q4 2025.

  • Quarterly Cost of Revenue rose 832.88% to $108.3 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $196.7 million through Dec 2025, up 88.47% year-over-year, with the annual reading at $211.3 million for FY2025, 48.87% up from the prior year.
  • Cost of Revenue was $108.3 million for Q4 2025 at Figs, up from $35.8 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $108.3 million in Q4 2025 and troughed at -$20.0 million in Q4 2023.
  • The 5-year median for Cost of Revenue is $23.4 million (2021), against an average of $31.1 million.
  • Year-over-year, Cost of Revenue tumbled 143.43% in 2023 and then skyrocketed 832.88% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $76.3 million in 2021, then plummeted by 39.62% to $46.0 million in 2022, then tumbled by 143.43% to -$20.0 million in 2023, then surged by 158.06% to $11.6 million in 2024, then skyrocketed by 832.88% to $108.3 million in 2025.
  • Per Business Quant, the three most recent readings for FIGS's Cost of Revenue are $108.3 million (Q4 2025), $35.8 million (Q3 2025), and $34.4 million (Q2 2025).