US Stock Market Movement: FIGS surged on October 12 due to performance growth, raised guidance, and medical apparel

FIGS October 12 Surge Analysis

Keywords: Performance growth, raised guidance, medical apparel

1. On August 6, FIGS disclosed its second quarter results for the period ending June 30: net revenue was $196.6 million, a year-on-year increase of 28.8%; net profit was $28.4 million, compared to $7.1 million in the same period last year; gross margin rose from 67.0% to 75.2%.

2. On August 6, the company raised its full-year 2026 net revenue growth guidance to nearly 20%; data on October 7 showed the company also expects an adjusted EBITDA margin of 14.8%-15%.

3. At the beginning of 2026, the company adjusted pricing and reduced discounts, with the average order value in the second quarter reaching $127, an increase of about 9% year-on-year; as of June 30, there were about 3.1 million active customers, a year-on-year increase of 13.2%, and non-scrubs apparel revenue grew by 40%.

(Disclaimer: This content is collected and summarized from public information by AI technology and is for reference only. It does not constitute investment advice.)