Figs (FIGS) Operating Margin (2020 - 2026)
Figs' (FIGS) quarterly Operating Margin came in at 17.93% in Q2 2026, up 1144.0% year-over-year from 1.44% in Q2 2025, and up 539.69% quarter-over-quarter from 2.8% in Q1 2026.
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Analysis
Figs (FIGS) Operating Margin (2020 - 2026) Analysis & Trends
Figs (FIGS) has reported Operating Margin for 7 consecutive years, with 17.93% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin rose 1144.0% year-over-year to 17.93% in Q2 2026; TTM through Jun 2026 was 9.6%, a 785.0% increase from a year earlier, with the FY2025 full-year figure at 6.04%, up 564.0% from the prior year.
- Operating Margin was 17.93% for Q2 2026 at Figs, up from 2.8% in the prior quarter.
- Over five years, Operating Margin peaked at 17.93% in Q2 2026 and troughed at 6.15% in Q3 2024.
- A 5-year average of 5.52% and a median of 6.11% in 2024 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin surged 3944 bps in 2022 and sank 1315 bps in 2024, its largest moves.
- Over 5 years, Operating Margin stood at 2.25% in 2022, then soared by 336 bps to 9.82% in 2023, then tumbled by 40 bps to 5.86% in 2024, then jumped by 59 bps to 9.32% in 2025, then surged by 93 bps to 17.93% in 2026.
- The last three Operating Margin figures came in at 17.93% (Q2 2026), 2.8% (Q1 2026), and 9.32% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lululemon Athletica | 10.72 Bn | 9.33 Bn | 1.46 Bn | 18.78% |
| 2 | Gildan Activewear | 8.17 Bn | 7.91 Bn | 459.76 Mn | 11.12% |
| 3 | Levi Strauss | 8.13 Bn | 7.15 Bn | 979.10 Mn | 7.82% |
| 4 | V F | 5.28 Bn | 4.61 Bn | 917.04 Mn | -4.98% |
| 5 | Kontoor Brands | 4.02 Bn | 3.96 Bn | 328.26 Mn | 15.49% |
| 6 | Pvh | 3.43 Bn | 2.46 Bn | 1.32 Bn | -9.10% |
| 7 | Warby Parker | 3.00 Bn | 2.71 Bn | 136.46 Mn | 1.34% |
| 8 | Columbia Sportswear | 2.95 Bn | 2.33 Bn | 358.43 Mn | 5.03% |
| 9 | Figs | 2.27 Bn | 1.97 Bn | 147.86 Mn | 17.93% |
| 10 | Under Armour | 2.19 Bn | 1.80 Bn | 593.83 Mn | 4.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.93% |
| Mar 31, 2026 | 2.80% |
| Dec 31, 2025 | 9.32% |
| Sep 30, 2025 | 6.35% |
| Jun 30, 2025 | 6.50% |
| Mar 31, 2025 | -0.17% |
| Dec 31, 2024 | 5.86% |
| Sep 30, 2024 | -6.15% |
| Jun 30, 2024 | 1.08% |
| Mar 31, 2024 | 0.37% |
| Dec 31, 2023 | 9.82% |
| Sep 30, 2023 | 6.99% |
| Jun 30, 2023 | 4.75% |
| Mar 31, 2023 | 2.74% |
| Dec 31, 2022 | 2.25% |
| Sep 30, 2022 | 8.72% |
| Jun 30, 2022 | 7.73% |
| Mar 31, 2022 | 12.48% |
| Dec 31, 2021 | 12.77% |
| Sep 30, 2021 | 10.27% |