NYSE$FIGS
FIGS Inc. · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Reported flat year-over-year net revenues, increased net income, and improved adjusted EBITDA margin.
FIGS reported flat net revenues year-over-year at $144.9 million for Q4 2023. However, the company saw an increase in net income to $10.0 million and an improved adjusted EBITDA margin of 18.4%.
- Net revenues were $144.9 million, flat year over year, impacted by a $4.7 million accounting reclassification.
- Gross margin was 67.5%, a decrease of 70 basis points year over year, impacted by a $4.7 million accounting reclassification.
- Net income was $10.0 million, an increase of $6.6 million year over year.
- Adjusted EBITDA was $26.6 million, an increase of $6.8 million year over year.
Headline financials
Revenue & EPS history
FIGS · Revenue · Quarterly
$145M
Forward guidance
The company expects demand to be impacted by macroeconomic factors and healthcare workforce related stress in 2024.
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 2023
+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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