Growth Metrics

Figs (FIGS) Gross Margin (2020 - 2026)

Figs has reported Gross Margin over the past 6 years, most recently at 62.94% for Q4 2025.

  • Quarterly Gross Margin fell 437.0% to 62.94% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 66.53% through Dec 2025, down 109.0% year-over-year, with the annual reading at 66.53% for FY2025, 109.0% down from the prior year.
  • Gross Margin was 62.94% for Q4 2025 at Figs, down from 69.94% in the prior quarter.
  • Over five years, Gross Margin peaked at 73.33% in Q2 2021 and troughed at 62.94% in Q4 2025.
  • The 5-year median for Gross Margin is 69.19% (2023), against an average of 69.16%.
  • The largest YoY upside for Gross Margin was 287bps in 2025 against a maximum downside of -437bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 69.93% in 2021, then dropped by -2bps to 68.22% in 2022, then decreased by -1bps to 67.53% in 2023, then decreased by 0bps to 67.31% in 2024, then dropped by -6bps to 62.94% in 2025.
  • Per Business Quant, the three most recent readings for FIGS's Gross Margin are 62.94% (Q4 2025), 69.94% (Q3 2025), and 66.99% (Q2 2025).