FIGS Earnings

FIGS reported its earnings on 2026-05-07, showcasing a revenue of 159.90M against an estimate of 151.75M, resulting in a 5.37% surprise. The EPS was 0.03, surpassing the expected 0.01 by 200%. The stock experienced a -24.33% price change on the earnings day and a 0% change over the next five days, reflecting market reactions to the results.

Following FIGS's earnings announcement on 2026-05-07, the stock price moved by -24.33% on the day of the release. Over the subsequent five days, it saw a 0% change. Historically, FIGS's stock price tends to shift by an average of -1.15% in the 10 days leading up to earnings and -1.56% in the 10 days following, providing insight into potential market.

For 2026/Q2, analysts estimate FIGS's annual revenue to reach 159.62M, while the EPS is projected at 0.04. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between FIGS's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, FIGS's stock price typically moves by -1.15% in the 10 days before its earnings and -1.56% in the 10 days after. For the upcoming 2026/Q2 earnings, analysts expect an EPS of 0.04 and revenue of 159.62M.

The earnings call presents a mixed picture: a 10% revenue increase and a 5% net income rise are positive, but a 2% decrease in gross margin and a 15% increase in operating expenses are concerning. The lack of strategic initiative discussion and the absence of guidance further contribute to uncertainty. The Q&A section did not provide additional insights or concerns. Given these factors, the overall sentiment is neutral, suggesting a stock price movement within the -2% to 2% range over the next two weeks.