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% quarter-over-quarter from $108.3 million in Q4 2025.
Figs (FIGS) Cost of Revenue (2020 - 2026) Analysis & Trends
Figs (FIGS) has 7 years of Cost of Revenue data on file, last reported at $29.5 million in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $29.5 million, down 9.75% year-over-year; the trailing twelve-month figure through Mar 2026 was $233.8 million (up 1.91% YoY), and the FY2025 annual result was $211.3 million, up 17.41% from the prior year.
- Cost of Revenue declined to $29.5 million in Q1 2026 per FIGS's latest filing, from $108.3 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $111.2 million in Q4 2024 and troughed at -$44.5 million in Q4 2023.
- A 5-year average of $39.0 million and a median of $37.2 million in 2024 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2023 and 2024: Cost of Revenue tumbled 196.7% in 2023, then surged 349.62% in 2024.
- A 5-year view of Cost of Revenue shows it stood at $46.0 million in 2022, then plunged by 196.7% to -$44.5 million in 2023, then surged by 349.62% to $111.2 million in 2024, then decreased by 2.56% to $108.3 million in 2025, then tumbled by 72.77% to $29.5 million in 2026.
- Business Quant data shows FIGS's Cost of Revenue at $29.5 million in Q1 2026, $108.3 million in Q4 2025, and $45.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Ermenegildo Zegna | 190,651.29 Bn | 190,651.02 Bn | - | - |
| 2 | Ralph Lauren | 24.63 Bn | 22.56 Bn | 1.38 Bn | 599.90 Mn |
| 3 | Levi Strauss | 9.37 Bn | 8.55 Bn | 1.08 Bn | 664.20 Mn |
| 4 | V F | 6.90 Bn | 6.69 Bn | 1.22 Bn | 944.11 Mn |
| 5 | Kontoor Brands | 4.43 Bn | 4.32 Bn | 470.76 Mn | 547.33 Mn |
| 6 | Pvh | 3.76 Bn | 3.17 Bn | 1.19 Bn | 838.90 Mn |
| 7 | Columbia Sportswear | 3.54 Bn | 3.00 Bn | 394.96 Mn | 384.05 Mn |
| 8 | Under Armour | 2.50 Bn | 1.58 Bn | 492.04 Mn | 679.12 Mn |
| 9 | Figs | 1.99 Bn | 1.72 Bn | 108.30 Mn | 29.49 Mn |
| 10 | G Iii Apparel | 1.49 Bn | 1.10 Bn | 347.75 Mn | 188.22 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 |