Figs (FIGS) Gross Margin (2020 - 2026)
Figs (FIGS) reported Gross Margin of 67.73% for Q1 2026, up 11.0% year-over-year from 61.02% in Q1 2025, and up 7.61% quarter-over-quarter from 62.94% in Q4 2025.
Figs (FIGS) Gross Margin (2020 - 2026) Analysis & Trends
Figs (FIGS) has 7 years of Gross Margin data on file, last reported at 67.73% in Q1 2026.
- Gross Margin for Q1 2026 came in at 67.73%, up 11.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 66.61% (down 74.0% YoY), and the FY2025 annual result was 66.53%, down 109.0% from the prior year.
- Gross Margin improved to 67.73% in Q1 2026 per FIGS's latest filing, from 62.94% in the prior quarter.
- Over five years, Gross Margin peaked at 71.26% in Q1 2023 and troughed at 62.94% in Q4 2025.
- A 5-year average of 68.43% and a median of 68.22% in 2022 frame the typical range for Gross Margin.
- On a YoY basis, Gross Margin climbed as much as 287 bps in 2025 and fell as far as 437 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 68.22% in 2022, then decreased by 1 bps to 67.53% in 2023, then declined by 0 bps to 67.31% in 2024, then retreated by 6 bps to 62.94% in 2025, then increased by 8 bps to 67.73% in 2026.
- Business Quant data shows FIGS's Gross Margin at 67.73% in Q1 2026, 62.94% in Q4 2025, and 69.94% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ermenegildo Zegna | 179,116.29 Bn | 179,116.03 Bn | - | - |
| 2 | Ralph Lauren | 25.18 Bn | 23.12 Bn | 1.38 Bn | 69.68% |
| 3 | Levi Strauss | 9.24 Bn | 8.43 Bn | 1.08 Bn | 61.88% |
| 4 | V F | 6.76 Bn | 6.55 Bn | 1.22 Bn | 56.41% |
| 5 | Kontoor Brands | 4.31 Bn | 4.20 Bn | 470.76 Mn | 46.24% |
| 6 | Pvh | 3.56 Bn | 2.96 Bn | 1.19 Bn | 58.57% |
| 7 | Columbia Sportswear | 3.50 Bn | 2.96 Bn | 394.96 Mn | 50.70% |
| 8 | Under Armour | 2.51 Bn | 1.60 Bn | 492.04 Mn | 42.01% |
| 9 | Figs | 2.04 Bn | 1.77 Bn | 108.30 Mn | 67.73% |
| 10 | G Iii Apparel | 1.45 Bn | 1.06 Bn | 347.75 Mn | 64.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 73.33% |