NYSE$FIGS
FIGS Inc. · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
FIGS experienced revenue growth and maintained strong gross margins in Q4 2021.
FIGS reported a 42.7% increase in net revenues to $128.7 million and a gross margin of 69.9% for the fourth quarter of 2021. Net income was $12.6 million, with diluted earnings per share of $0.06. The company's full-year net revenues reached $420 million, a 60% increase year-over-year.
- Net revenues increased by 42.7% year over year to $128.7 million.
- Gross margin was 69.9%, a decrease of 110 basis points year over year.
- Net income was $12.6 million and diluted earnings per share was $0.06.
- Adjusted EBITDA was $31.9 million, an increase of $10.5 million year over year.
Headline financials
Revenue & EPS history
FIGS · Revenue · Quarterly
$129M
Forward guidance
FIGS expects net revenues between $550 million and $560 million, a gross margin of 70%+, and an adjusted EBITDA margin of 20%+ for the full year 2022.
Tailwinds
- Net Revenues $550 Million - $560 Million
- Gross Margin 70%+
- Adjusted EBITDA Margin 20%+
- Company expects continued growth
- Company expects to maintain strong gross margins
Headwinds
- Impact of COVID-19 on the Company’s operations
- Company’s ability to maintain its recent rapid growth
- Company’s ability to maintain profitability
- Company’s ability to maintain the value and reputation of its brand
- The competitiveness of the market for healthcare apparel
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 Q4 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
| Quarter | Report date | Reaction (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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