Figs (FIGS) Cost of Revenue (2020 - 2026)
Figs (FIGS) reported Cost of Revenue of $29.5 million for Q1 2026, down 9.75% year-over-year from $32.7 million in Q1 2025, and down 72.77% on a QoQ basis from $108.3 million in Q4 2025.
Figs (FIGS) has 7 years of Cost of Revenue data on file, last reported at $29.5 million in Q1 2026.
- Quarterly Cost of Revenue fell 9.75% year-over-year to $29.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $233.8 million (up 1.91% YoY) and the FY2025 annual result came in at $211.3 million, up 17.41% from the prior year.
- Cost of Revenue fell to $29.5 million in Q1 2026 per FIGS's latest filing, from $108.3 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $111.2 million in Q4 2024 and bottomed at -$44.5 million in Q4 2023.
- The 5-year median for Cost of Revenue is $37.2 million (2024), against an average of $39.0 million.
- The widest annual swing landed in 2023, when Cost of Revenue sank 196.7%; it then soared 349.62% in 2024.
- Tracing FIGS's Cost of Revenue over 5 years: stood at $46.0 million in 2022, then slumped by 196.7% to -$44.5 million in 2023, then soared by 349.62% to $111.2 million in 2024, then fell by 2.56% to $108.3 million in 2025, then sank by 72.77% to $29.5 million in 2026.
- Per Business Quant, the three latest FIGS Cost of Revenue figures stand at $29.5 million (Q1 2026), $108.3 million (Q4 2025), and $45.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Ralph Lauren | 22.42 Bn | 20.35 Bn | 1.38 Bn | 599.90 Mn |
| 2 | Levi Strauss | 9.03 Bn | 8.22 Bn | 1.08 Bn | 664.20 Mn |
| 3 | V F | 6.53 Bn | 6.32 Bn | 1.22 Bn | 944.11 Mn |
| 4 | Pvh | 4.49 Bn | 3.79 Bn | 1.44 Bn | 1.06 Bn |
| 5 | Kontoor Brands | 3.96 Bn | 3.85 Bn | 470.76 Mn | 547.33 Mn |
| 6 | Columbia Sportswear | 3.46 Bn | 2.93 Bn | 394.96 Mn | 384.05 Mn |
| 7 | Under Armour | 2.29 Bn | 1.38 Bn | 492.04 Mn | 679.12 Mn |
| 8 | Figs | 1.95 Bn | 1.68 Bn | 108.30 Mn | 29.49 Mn |
| 9 | G Iii Apparel | 1.38 Bn | 969.37 Mn | 285.48 Mn | 486.01 Mn |
| 10 | Canada Goose Holdings | 710.16 Mn | 412.34 Mn | -268.86 Mn | -106.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.49 Mn |
| Mar 31, 2026 | 29.49 Mn |
| Dec 31, 2025 | 108.31 Mn |
| Dec 31, 2025 | 108.31 Mn |
| Sep 30, 2025 | 45.59 Mn |
| Sep 30, 2025 | 45.59 Mn |
| Jun 30, 2025 | 50.39 Mn |
| Jun 30, 2025 | 50.39 Mn |
| Mar 31, 2025 | 32.68 Mn |
| Mar 31, 2025 | 32.68 Mn |
| Dec 31, 2024 | 111.16 Mn |
| Dec 31, 2024 | 111.16 Mn |
| Sep 30, 2024 | 38.60 Mn |
| Sep 30, 2024 | 38.60 Mn |
| Jun 30, 2024 | 46.96 Mn |
| Jun 30, 2024 | 46.96 Mn |
| Mar 31, 2024 | 37.16 Mn |
| Mar 31, 2024 | 37.16 Mn |
| Dec 31, 2023 | -44.53 Mn |
| Dec 31, 2023 | -44.53 Mn |
| Sep 30, 2023 | 32.20 Mn |
| Sep 30, 2023 | 32.20 Mn |
| Jun 30, 2023 | 20.89 Mn |
| Jun 30, 2023 | 20.89 Mn |
| Mar 31, 2023 | 34.56 Mn |
| Mar 31, 2023 | 34.56 Mn |
| Dec 31, 2022 | 46.05 Mn |
| Dec 31, 2022 | 46.05 Mn |
| Sep 30, 2022 | 37.76 Mn |
| Sep 30, 2022 | 37.76 Mn |
| Jun 30, 2022 | 20.82 Mn |
| Jun 30, 2022 | 20.82 Mn |
| Mar 31, 2022 | 15.41 Mn |
| Mar 31, 2022 | 15.41 Mn |
| Dec 31, 2021 | -20.96 Mn |
| Dec 31, 2021 | -20.96 Mn |
| Sep 30, 2021 | 27.99 Mn |
| Sep 30, 2021 | 27.99 Mn |
| Jun 30, 2021 | 15.49 Mn |
| Jun 30, 2021 | 15.49 Mn |
| Mar 31, 2021 | 10.84 Mn |
| Mar 31, 2021 | 10.84 Mn |
| Dec 31, 2020 | -7.90 Mn |
| Dec 31, 2020 | -7.90 Mn |
| Sep 30, 2020 | 20.18 Mn |
| Sep 30, 2020 | 20.18 Mn |
| Jun 30, 2020 | 8.81 Mn |
| Jun 30, 2020 | 8.81 Mn |