Figs (FIGS) Gross Margin (2020 - 2026)
Figs' (FIGS) quarterly Gross Margin came in at 75.2% in Q2 2026, up 821.0% year-over-year from 8.16% in Q2 2025, and up 11.03% quarter-over-quarter from 67.73% in Q1 2026.
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Analysis
Figs (FIGS) Gross Margin (2020 - 2026) Analysis & Trends
Figs (FIGS) has reported Gross Margin for 7 consecutive years, with 75.2% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 821.0% year-over-year to 75.2% in Q2 2026; TTM through Jun 2026 was 68.91%, a 168.0% increase from a year earlier, with the FY2025 full-year figure at 66.53%, down 109.0% from the prior year.
- Gross Margin was 75.2% for Q2 2026 at Figs, up from 67.73% in the prior quarter.
- Over five years, Gross Margin peaked at 75.2% in Q2 2026 and troughed at 62.94% in Q4 2025.
- A 5-year average of 68.81% and a median of 68.32% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 437 bps in 2025 and soared 821 bps in 2026, its largest moves.
- Over 5 years, Gross Margin stood at 68.22% in 2022, then retreated by 1 bps to 67.53% in 2023, then dropped by 0 bps to 67.31% in 2024, then fell by 6 bps to 62.94% in 2025, then gained by 19 bps to 75.2% in 2026.
- The last three Gross Margin figures came in at 75.2% (Q2 2026), 67.73% (Q1 2026), and 62.94% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lululemon Athletica | 10.94 Bn | 9.55 Bn | 1.46 Bn | 60.52% |
| 2 | Gildan Activewear | 7.84 Bn | 7.57 Bn | 459.76 Mn | 29.05% |
| 3 | Levi Strauss | 7.76 Bn | 6.78 Bn | 979.10 Mn | 62.68% |
| 4 | V F | 4.94 Bn | 4.27 Bn | 917.04 Mn | 54.93% |
| 5 | Kontoor Brands | 3.65 Bn | 3.59 Bn | 328.26 Mn | 56.18% |
| 6 | Pvh | 3.19 Bn | 2.22 Bn | 1.32 Bn | 63.03% |
| 7 | Warby Parker | 3.02 Bn | 2.72 Bn | 136.46 Mn | 57.94% |
| 8 | Columbia Sportswear | 2.89 Bn | 2.27 Bn | 358.43 Mn | 58.34% |
| 9 | Figs | 2.16 Bn | 1.86 Bn | 147.86 Mn | 75.20% |
| 10 | Under Armour | 2.07 Bn | 1.67 Bn | 593.83 Mn | 54.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 75.20% |
| Mar 31, 2026 | 67.73% |
| Dec 31, 2025 | 62.94% |
| Sep 30, 2025 | 69.94% |
| Jun 30, 2025 | 66.99% |
| Mar 31, 2025 | 67.62% |
| Dec 31, 2024 | 67.31% |
| Sep 30, 2024 | 67.06% |
| Jun 30, 2024 | 67.44% |
| Mar 31, 2024 | 68.85% |
| Dec 31, 2023 | 67.53% |
| Sep 30, 2023 | 68.41% |
| Jun 30, 2023 | 69.52% |
| Mar 31, 2023 | 71.26% |
| Dec 31, 2022 | 68.22% |
| Sep 30, 2022 | 70.64% |
| Jun 30, 2022 | 70.63% |
| Mar 31, 2022 | 71.24% |
| Dec 31, 2021 | 69.93% |
| Sep 30, 2021 | 72.74% |