NYSE$FIGS

FIGS Inc. · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

FIGS announced Q3 2021 financial results and raised full year net revenues outlook.

FIGS reported its Q3 2021 financial results, highlighted by an increased full-year net revenue outlook to $410 million, compared to the previous outlook of $395 million.

  • FIGS released its third quarter 2021 financial results.
  • The company posted a letter to shareholders on its investor relations website.
  • FIGS raised its 2021 full year net revenues outlook to $410 million.
  • A conference call and webcast were hosted to discuss the results and business outlook.

Headline financials

Total Revenue

$103M

Previous: $76.8M+33.7%
EPS (adj)

$0.05

Previous: $0.13-61.5%
Capital Expenditures

$985K

No prior period
Free Cash Flow

$6.95M

No prior period
Net Income

$6.95M

Previous: $19.3M-64.0%
Operating Income

$10.6M

Previous: $24.6M-57.1%
Gross Profit

$74.7M

Previous: $56.6M+31.9%
Cash & Equivalents

$181M

Previous: $58.1M+210.7%
Total Assets

$285M

No prior period
Stock-Based Comp

$7.25M

Previous: $693K+946.6%

Revenue & EPS history

FIGS · Revenue · Quarterly

$103M

Q3 2021+33.7%vs Q3 2020
Beat estimate in 8 of 11 quarters(73%)
ActualEstimate

Forward guidance

FIGS raised its 2021 full year net revenues outlook.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 2021

+0.0%

Avg return

Earnings day

-0.5%

Avg return

5 days after

+0.7%

Avg return

30 days after

61%

14 / 23 earnings

Positive

+28.7%

Q3 2023

Best reaction

-25.4%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+6.0%-20.7%-18.1%
Q4 2025+23.5%+36.1%+17.9%
Q3 2025+14.1%+33.2%+52.0%
Q1 2025-1.7%-13.5%-12.2%
Q4 2024-18.1%-13.3%-15.8%
Q3 2024-25.4%-26.5%-20.6%
Q2 2024-11.0%-12.1%+4.3%
Q1 2024+4.7%+16.5%+6.2%
Q4 2023-12.2%-7.2%-16.4%
Q3 2023+28.7%+21.4%+41.8%
Q2 2023+1.3%-2.9%-11.0%
Q1 2023+7.2%+10.2%+18.1%
Q4 2022-25.1%-25.7%-32.8%
Q3 2022+15.6%+10.7%+23.7%
Q2 2022+3.4%+3.3%+0.6%
Q1 2022-21.8%-17.4%-37.1%
Q4 2021+27.5%+22.0%+64.5%
Q3 2020-15.1%-16.1%-38.7%
Q3 2021-15.1%-16.1%-38.7%
Q2 2020+3.6%+1.5%+6.8%
Q1 2021+3.6%+1.5%+6.8%
Q2 2021+3.6%+1.5%+6.8%
Q4 2020+3.6%+1.5%+6.8%
Q1 2020

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