Growth Metrics

Figs (FIGS) Cost of Revenue (2020 - 2025)

Figs (FIGS) has disclosed Cost of Revenue for 6 consecutive years, with $35.1 million as the latest value for Q4 2025.

  • On a quarterly basis, Cost of Revenue fell 53.74% to $35.1 million in Q4 2025 year-over-year; TTM through Dec 2025 was $145.9 million, a 5.78% decrease, with the full-year FY2025 number at $145.9 million, down 18.94% from a year prior.
  • Cost of Revenue was $35.1 million for Q4 2025 at Figs, down from $35.8 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $111.7 million in Q4 2023 to a low of $2.2 million in Q4 2021.
  • A 5-year average of $37.0 million and a median of $33.3 million in 2023 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: crashed 95.22% in 2021, then surged 3038.02% in 2022.
  • Figs' Cost of Revenue stood at $2.2 million in 2021, then soared by 3038.02% to $70.6 million in 2022, then soared by 58.3% to $111.7 million in 2023, then tumbled by 32.02% to $75.9 million in 2024, then plummeted by 53.74% to $35.1 million in 2025.
  • Per Business Quant, the three most recent readings for FIGS's Cost of Revenue are $35.1 million (Q4 2025), $35.8 million (Q3 2025), and $34.4 million (Q2 2025).