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

Figs (FIGS) has reported Cost of Revenue for 7 consecutive years, with $36.4 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue rose 11.51% year-over-year to $36.4 million; the TTM figure through Mar 2026 stood at $96.9 million (down 23.97% YoY), while the FY2025 annual figure was $93.1 million, down 34.39% from the prior year.
• Cost of Revenue grew to $36.4 million in Q1 2026 per FIGS's latest filing, from -$9.8 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $111.7 million in Q4 2023 and bottomed at -$9.8 million in Q4 2025.
• Historically, Cost of Revenue has averaged $32.7 million across 5 years, with a median of $34.4 million in 2025.
• Annual changes were most pronounced in 2023 — Cost of Revenue surged 751.25% — and 2025, when it sank 184.81%.
• Figs' Cost of Revenue stood at $13.1 million in 2022, then soared by 751.25% to $111.7 million in 2023, then slumped by 89.61% to $11.6 million in 2024, then tumbled by 184.81% to -$9.8 million in 2025, then jumped by 470.05% to $36.4 million in 2026.
• Business Quant data shows FIGS's Cost of Revenue at $36.4 million in Q1 2026, -$9.8 million in Q4 2025, and $35.8 million in Q3 2025.