FIGS Inc
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
FIGS$21.58+8.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(In thousands, except share and per share data)
| Year ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Net revenues | $555,558 | $545,646 | $505,835 |
| Cost of goods sold | 179,935 | 168,683 | 151,375 |
| Gross profit | 375,623 | 376,963 | 354,460 |
| Operating expenses | |||
| Selling | 141,909 | 125,149 | 118,449 |
| Marketing | 88,566 | 77,094 | 77,692 |
| General and administrative | 142,883 | 140,675 | 120,653 |
| Total operating expenses | 373,358 | 342,918 | 316,794 |
| Net income from operations | 2,265 | 34,045 | 37,666 |
| Other income, net | |||
| Interest income | 11,242 | 6,775 | 1,708 |
| Other income (expense) | 833 | (13) | (647) |
| Total other income, net | 12,075 | 6,762 | 1,061 |
| Net income before provision for income taxes | 14,340 | 40,807 | 38,727 |
| Provision for income taxes | 11,620 | 18,170 | 17,541 |
| Net income | $2,720 | $22,637 | $21,186 |
| Earnings attributable to Class A and Class B common stockholders | |||
| Basic earnings per share | $0.02 | $0.13 | $0.13 |
| Diluted earnings per share | $0.02 | $0.12 | $0.11 |
| Weighted-average shares outstanding—basic | 169,201,983 | 168,065,721 | 165,268,185 |
| Weighted-average shares outstanding—diluted | 180,102,840 | 182,412,965 | 187,547,474 |
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