Figs Inc
NYSE:FIGS
Income Statement
Earnings Waterfall
Figs Inc
Revenue
|
545.6m
USD
|
Cost of Revenue
|
-168.7m
USD
|
Gross Profit
|
377m
USD
|
Operating Expenses
|
-342.9m
USD
|
Operating Income
|
34m
USD
|
Other Expenses
|
-11.4m
USD
|
Net Income
|
22.6m
USD
|
Income Statement
Figs Inc
Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||
Revenue |
263
N/A
|
318
+21%
|
355
+12%
|
381
+7%
|
420
+10%
|
443
+5%
|
464
+5%
|
490
+6%
|
506
+3%
|
516
+2%
|
532
+3%
|
546
+3%
|
546
+0%
|
|
Gross Profit | ||||||||||||||
Cost of Revenue |
(73)
|
(90)
|
(98)
|
(106)
|
(118)
|
(125)
|
(134)
|
(144)
|
(151)
|
(154)
|
(161)
|
(168)
|
(169)
|
|
Gross Profit |
190
N/A
|
228
+20%
|
257
+13%
|
275
+7%
|
301
+9%
|
317
+5%
|
329
+4%
|
346
+5%
|
355
+3%
|
362
+2%
|
371
+3%
|
378
+2%
|
377
0%
|
|
Operating Income | ||||||||||||||
Operating Expenses |
(132)
|
(158)
|
(236)
|
(268)
|
(290)
|
(309)
|
(279)
|
(295)
|
(317)
|
(334)
|
(347)
|
(355)
|
(343)
|
|
Selling, General & Administrative |
(132)
|
(158)
|
(236)
|
(268)
|
(290)
|
(309)
|
(279)
|
(295)
|
(317)
|
(335)
|
(347)
|
(355)
|
(343)
|
|
Operating Income |
58
N/A
|
70
+21%
|
21
-69%
|
7
-65%
|
11
+49%
|
9
-22%
|
50
+484%
|
51
+1%
|
38
-26%
|
27
-28%
|
24
-11%
|
23
-5%
|
34
+47%
|
|
Pre-Tax Income | ||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
2
|
3
|
4
|
6
|
7
|
|
Total Other Income |
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
|
Pre-Tax Income |
58
N/A
|
70
+20%
|
21
-70%
|
6
-70%
|
10
+57%
|
8
-23%
|
49
+547%
|
51
+4%
|
39
-25%
|
29
-24%
|
28
-5%
|
28
N/A
|
41
+46%
|
|
Net Income | ||||||||||||||
Tax Provision |
(8)
|
(13)
|
(19)
|
(17)
|
(19)
|
(20)
|
(16)
|
(21)
|
(18)
|
(15)
|
(14)
|
(12)
|
(18)
|
|
Income from Continuing Operations |
50
|
57
|
2
|
(10)
|
(10)
|
(12)
|
33
|
30
|
21
|
14
|
14
|
16
|
23
|
|
Net Income (Common) |
50
N/A
|
57
+14%
|
2
-96%
|
(10)
N/A
|
(10)
+4%
|
(12)
-25%
|
33
N/A
|
30
-9%
|
21
-30%
|
14
-33%
|
14
-2%
|
16
+15%
|
23
+41%
|
|
EPS (Diluted) |
0.31
N/A
|
0.36
+16%
|
0.01
-97%
|
-0.05
N/A
|
-0.06
-20%
|
-0.06
N/A
|
0.19
N/A
|
0.18
-5%
|
0.11
-39%
|
0.08
-27%
|
0.07
-13%
|
0.08
+14%
|
0.12
+50%
|